All Real Assets articles in Web Issue – Page 668
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PropertyEU Archive
Collliers poaches new retail boss from JLL
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.
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PropertyEU Archive
GE Capital names new European boss
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.
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PropertyEU Archive
CA Immo completes Meininger hotel in Salzburg
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.
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PropertyEU Archive
London's West End overtakes Tokyo as most expensive office market
London's West End has overtaken Tokyo as the most expensive location in the world in which to rent office space during 2010.
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PropertyEU Archive
Multi outsources management of UK malls to new venture
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.
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PropertyEU Archive
Global funding gap shrinks by 17%, says DTZ
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.
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PropertyEU Archive
Landshypotek sells Stockholm office for EUR 66m
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.
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PropertyEU Archive
BNP Paribas strengthens activities in Poland
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 ...
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PropertyEU Archive
Carrefour postpones spin-off of property arm
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.
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PropertyEU Archive
Corpus Sireo launches new resi management arm
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.
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PropertyEU Archive
HSBC RE fund management arm completes buyout
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.
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PropertyEU Archive
Benson Elliot partners with Bank Sabadell in Barcelona
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 ...
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PropertyEU Archive
Quintain boosts Wembley City team
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 ...
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PropertyEU Archive
Immofinanz buys rest of Zagreb's Grand Centar
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.
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PropertyEU Archive
Citycon to redevelop shopping centre in Tampere
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].
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PropertyEU Archive
Savills signs strategic partnership in the US
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.
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PropertyEU Archive
Icade picked for 100,000-m[sup]2[/sup] Veolia project
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.
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PropertyEU Archive
Retail dominates German investment deals in Q1
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.
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PropertyEU Archive
Atrium completes EUR 171m Promenada acquisition
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.
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PropertyEU Archive
CBE teams up with Topland to invest EUR 2b in Germany
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.



