All Real Assets articles in Web Issue – Page 631
-
PropertyEU Archive
Vico Cap refinances Credit Suisse Int's European HQ
UK private equity group Vico Capital has secured a £107 mln (EUR 127 mln) refinancing of 17 Columbus Courtyard in Canary Wharf, London. The property is on a long full repairing and insuring lease to Credit Suisse International and forms part of its European headquarters.
-
PropertyEU Archive
Capman divests property consulting unit
Nordic private equity fund manager Capman has signed a letter of intent to divest its real estate consulting business. Capman manages four private equity real estate funds and carries out real estate consulting through its Realprojekti subsidiary.
-
PropertyEU Archive
Christie + Co secures Marriott International for first Finnish hotel
Christie + Co, acting on behalf of owners BMZ Invest and Ultivista, has secured Marriott International to operate a 17-storey, 272-bedroom hotel in Finland, which will become the hotel company's first property in the country, when it opens in 2013.
-
PropertyEU Archive
ULI Paris conference stresses economic and finance issues
In a variation on the famous line from Benjamin Franklin that ‘nothing is certain but death and taxes’, ULI’s 15th annual conference in Paris gets under way today with the title ‘Nothing is Certain but Debt and Taxes’.
-
PropertyEU Archive
Rockspring steps into development
European investment manager Rockspring has made a move into real estate development to take advantage of office supply shortages in some European markets. 'Since our foundation we have always focused on income-producing assets, and managing and improving that income has been the principle key in our strategy,' said chairman Richard ...
-
PropertyEU Archive
ATP launches EUR 700m real estate fund
Copenhagen-based ATP Real Estate said it is looking to deploy EUR 700 mln in fresh real estate acquisitions on the European continent, including Central and Eastern Europe as well as the US after having finalised investments for its first fund.
-
PropertyEU Archive
Brounen appointed to new RE chair at Tilburg University
Dirk Brounen has been appointed to the new chair in Real Estate Economics at Tilburg University in the Netherlands. Brounen, a leading European real estate academic, will continue his research on a range of subjects including risk management, regulation, sustainability, and the performance of real estate investments.
-
PropertyEU Archive
Area Property, Sovereign Land buy Ayr Central mall
UK property and construction group Henry Boot has agreed the £33.8 mln (EUR 40 mln) disposal of Ayr Central shopping centre and, separately, the sale of optioned land with planning permission for 700 dwellings at Buckingham. The mall was acquired by Sovereign Land and AREA Property Partners for a net ...
-
PropertyEU Archive
Develica breaches covenant on Blue Star loan
German investor Develica Deutschland (DDL) has breached the loan to value covenant on its second largest property portfolio, Bluestar, consisting of three office buildings totalling 80,000 m[sup]2[/sup] in Bonn, Munich and Stuttgart.
-
PropertyEU Archive
ULI Paris conference preview: keynote John Bruton
Former EU ambassador to the US John Bruton will stress a sense of urgency in tackling Europe's debt and other problems at the ULI conference taking place in Paris today.
-
PropertyEU Archive
Real IS buys office buildings in Hamburg
Real I.S. has acquired two office buildings in Hamburg, Germany's second-largest city, on behalf of a newly launched closed-end fund. The properties are almost fully leased to the City of Hamburg with rental contracts running to 2026 and 2031. The total investment volume of the fund amounted to EUR 65 ...
-
PropertyEU Archive
Credit Suisse buys hotel development in Davos
Credit Suisse Real Estate Fund Hospitality (CS REF Hospitality) has signed an agreement to invest CHF 155 mln (EUR 119 mln) in the development of a five-star hotel and residences project in Davos which will be operated by the Inter Continental Hotel chain.
-
PropertyEU Archive
ULI Paris conference preview: Dame Judith Mayhew Jonas
Money for urban development may be tight due to the financial crisis and economic recession, but there are ways for cities to secure funding for much-needed improvements, according to Dame Judith Mayhew Jonas, chairman of London-based New West End Company. Mayhew Jonas will moderate a session entitled 'City Development: Where ...
-
PropertyEU Archive
C&W expands in The Netherlands
Global real estate consultant Cushman & Wakefield (C&W) has announced the launch of a new office in Rotterdam, the Netherlands, in a move aimed at strengthening the firm's presence in the Netherlands. C&W already has an office in Amsterdam.
-
PropertyEU Archive
Occupier deals key to Russian investment market
Local occupiers were responsible for the lion's share of Russia's investment volumes in 2010, and are expected to continue to play a key, but more balanced role in 2011 as they seek to take advantage of a lack of competition for vacant office products, according to Tom Cashel, head of ...
-
PropertyEU Archive
NSI in final merger talks with Vastned O/I
Dutch property investor Nieuwe Steen Investments (NSI) announced on Tuesday that it is in the final phase of its negotiations with Vastned Offices/Industrial regarding a potential merger of their businesses.
-
PropertyEU Archive
Greek minister woos foreign investors at ULI
The Greek government is introducing tax incentives and fast-track procedures in a bid to attract foreign investors to the debt-laden country, George Nikitiades, deputy minister of tourism, told a press conference at the annual ULI conference in Paris on Tuesday. 'We are trying to change the Greek mentality, we need ...
-
PropertyEU Archive
Panattoni in new 30,600 m[sup]2[/sup] development in Silesia
Warehousing operator and developer Panattoni Europe is expanding its warehouse park portfolio in Silesia, Poland with the development of a new 30,600 m[sup]2[/sup] facility. Construction of the Panattoni Park Gliwice I and Panattoni Park Gliwice II projects is expected to start in March-April this year.
-
PropertyEU Archive
French market to see speculative development in 2011: C&W
Acute shortages in prime office and retail stock are prompting French developers to re-start building on a speculative basis after over three years of cautious pre-let building activity, according to Cushman & Wakefield.
-
PropertyEU Archive
HIH plans launch of facility management unit in 2011
HIH Property Management (HPM), the property management unit of HIH Group, said it is planning to create a new subsidiary providing facility management services this year in a bid to complement its offer to clients.
