All Real Assets articles in Web Issue – Page 668

  • PropertyEU Archive

    Collliers poaches new retail boss from JLL

    2011-05-04T00:00:00Z

    Colliers International has recruited Stuart La Frenais to head its UK retail division. La Frenais previously spent 11 years at Jones Lang LaSalle where latterly he was head of retail and highly-instrumental in the acquisition of the Churston Heard business.

  • PropertyEU Archive

    GE Capital names new European boss

    2011-05-04T00:00:00Z

    GE Capital Real Estate has appointed Lennart Sten to lead its European real estate business. Sten, a Swedish national, was formerly the head of GE Capital's Nordic activities, having joined the company in 1998.

  • PropertyEU Archive

    CA Immo completes Meininger hotel in Salzburg

    2011-05-04T00:00:00Z

    Austrian listed property company CA Immo said its Meininger Hotel Salzburg City Center will open its doors to the public on Wednesday after six months of revovation work.

  • PropertyEU Archive

    London's West End overtakes Tokyo as most expensive office market

    2011-05-04T00:00:00Z

    London's West End has overtaken Tokyo as the most expensive location in the world in which to rent office space during 2010.

  • PropertyEU Archive

    Multi outsources management of UK malls to new venture

    2011-05-04T00:00:00Z

    Gouda-based developer Multi Corporation plans to gradually hand over the management of its UK operations to Queensberry, a new venture set up by three former employees.

  • PropertyEU Archive

    Global funding gap shrinks by 17%, says DTZ

    2011-05-05T00:00:00Z

    The global debt funding gap is estimated to total $202 bn (EUR 136 bn) over the next three years, down 17% on an estimated of $245 bn made in November 2010, according to new research from DTZ.

  • PropertyEU Archive

    Landshypotek sells Stockholm office for EUR 66m

    2011-05-05T00:00:00Z

    Swedish lender Landshypotek has sold an office building in Stockholm to private investment firm Industricentralen for just under SEK 600 mln (EUR 66 mln). Landshypotek said it has made a profit of around SEK 250 mln on the deal.

  • PropertyEU Archive

    BNP Paribas strengthens activities in Poland

    2011-05-05T00:00:00Z

    BNP Paribas Real Estate has strengthened its business in Poland through extending its range of services to transaction, consulting and valuation. The team, who has recently joined BNP Paribas Real Estate APM Poland, has more than 15 years experience in real estate market in Poland adding depth to the company's ...

  • PropertyEU Archive

    Carrefour postpones spin-off of property arm

    2011-05-05T00:00:00Z

    French hypermarket chain Carrefour is postponing the spin-off of 25% of its property arm following the unexpected departure of its executive director for France, James McCann.

  • PropertyEU Archive

    Corpus Sireo launches new resi management arm

    2011-05-05T00:00:00Z

    Germany's Corpus Sireo has announced the launch of a new business unit for the value-added management of residential real estate. The management of EUR 1.2 bn of housing property for proprietary and client accounts has already been transferred to the new residential division, which is led by Stefan Korthals.

  • PropertyEU Archive

    HSBC RE fund management arm completes buyout

    2011-05-05T00:00:00Z

    HSBC Specialist Investments' management team has completed the acquisition of a majority interest in the business from HSBC Holdings and will rename the company InfraRed Capital Partners.

  • PropertyEU Archive

    Benson Elliot partners with Bank Sabadell in Barcelona

    2011-05-05T00:00:00Z

    Benson Elliot is teaming up with local lender Banco Sabadell to put a EUR 80 mln landmark project in Barcelona back on track. The European private equity real estate firm said it has signed an agreement to forward purchase Antic Cami de Valencia, a three-building, 20,000 m[sup]2[/sup] office complex which ...

  • PropertyEU Archive

    Quintain boosts Wembley City team

    2011-05-05T00:00:00Z

    Quintain Estates and Development has hired investment banker Maxwell James to support Adrian Wyatt on the flagship Wembley City regeneration scheme in London. James will take on day-to-day responsibility for delivering a number of key milestones for the project, including overseeing the delivery of the London Designer Outlet and the ...

  • PropertyEU Archive

    Immofinanz buys rest of Zagreb's Grand Centar

    2011-05-05T00:00:00Z

    Austrian property group Immofinanz has acquired the remaining 20% stake it did not already own in the Grand Centar office complex in Zagreb from Generali Immobilien for an undisclosed amount.

  • PropertyEU Archive

    Citycon to redevelop shopping centre in Tampere

    2011-05-05T00:00:00Z

    Citycon has started the redevelopment of the Koskikeskus shopping centre in downtown Tampere, which will be extended by 1,500 m2, bringing the total leasable area to 28,600 m[sup]2[/sup].

  • PropertyEU Archive

    Savills signs strategic partnership in the US

    2011-05-05T00:00:00Z

    International real estate advisor Savills has announced the formation of a strategic alliance with CresaPartners - North America's largest specialised tenant representation firm. The arrangement will see Savills and CresaPartners providing a tenant representation service to international clients in Europe, Asia Pacific and North America.

  • PropertyEU Archive

    Icade picked for 100,000-m[sup]2[/sup] Veolia project

    2011-05-06T00:00:00Z

    French property group Icade said it has entered into exclusive talks with Veolia Environnement regarding the potential development of a new 100,000 m[sup]2[/sup] complex which will house the future Paris office of the group in the Millénaire district of Paris. A decision is expected to be made in early 2012.

  • PropertyEU Archive

    Retail dominates German investment deals in Q1

    2011-05-06T00:00:00Z

    Around EUR 5.53 bn of commercial property changed hands in Germany in the first three months of 2011 (Q1 2011), according to international real estate advisor Savills. Retail transactions accounted for 55% of the total transaction volume and 65% of total portfolio deals.

  • PropertyEU Archive

    Atrium completes EUR 171m Promenada acquisition

    2011-05-06T00:00:00Z

    Euronext-listed retail specialist Atrium European Real Estate said on Friday that it has completed the acquisition of the Promenada shopping centre in Warsaw, Poland for EUR 171 mln from Carpathian. The purchase was first announced at end December 2010.

  • PropertyEU Archive

    CBE teams up with Topland to invest EUR 2b in Germany

    2011-05-06T00:00:00Z

    Cross-border investment advisory firm CB Equity Partners (CBE) and privately-held UK group Topland (TLG) have teamed up to invest up to EUR 2 bn in German real estate.