All Real Assets articles in Web Issue – Page 676
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PropertyEU Archive
RICS Europe appoints Mayhew to board
The Royal Institution of Chartered Surveyors (RICS) has appointed Robert Mayhew as non-executive member of its Europe Board. This is his second consecutive term and in this position he will ensure that RICS' strategic goals across Europe are achieved.
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PropertyEU Archive
Cordea Savills appoints new director
Cordea Savills, the international property fund manager, has appointed Arnold de Haan as non-executive director. De Haan will provide strategic advice to the Cordea Savills board. He joins David Hunter who was appointed as non-executive director in February 2009.
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PropertyEU Archive
Europa Capital appoints eight new partners
Europa Capital, the pan-European real estate fund management group, has appointed eight members of its management team as equity partners in the business.
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PropertyEU Archive
Rockspring appoints Jose Luis Pellicer
Rockspring Property Investment Managers has appointed Jose Luis Pellicer as associate partner and head of research. Pellicer will set the investment strategy across Rockspring's range of European property funds. He will also be a member of the investment committee.
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PropertyEU Archive
AXA Immoselect sells office building in Rome
AXA Real Estate Investment Managers has announced the sale of an office building on Rome's Via Viola on behalf of its frozen AXA Immoselect open-ended fund. The sales price is higher than the asset's market value of around EUR 46 mln and significantly above the price paid by AXA to ...
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PropertyEU Archive
Concerto to build Sunclear distribution centre near Paris
Concerto European Developer has signed an agreement with Sunclear, a subsidiary of chemicals group Arkema, for the development of a 21,000 m[sup]2[/sup] logistics platform near Paris.
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PropertyEU Archive
Union Investment sells SMT building in Seoul
German fund manager Union Investment Real Estate has sold the SMT office building in Seoul, South Korea for KRW 100.4 bln (EUR 64.6 mln) to local investor Trust Y7 REIT. The sale price is 70% higher than the original purchase price.
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PropertyEU Archive
C&W strengthens capital markets team
Karolína Matoušková and Edward Thomas have joined the capital markets team at Cushman & Wakefield's Prague office. Matoušková joins as a salaried partner and she is responsible for managing a number of key client relationships and transaction processes, covering both the Czech and Slovak markets. Thomas will be responsible for ...
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PropertyEU Archive
C&W: UK shopping centre investment remains robust
The UK shopping centre investment market had a strong start to the year as it experienced a continuation of the significant activity seen in Q4 2010, according to global property consultant Cushman & Wakefield (C&W).
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PropertyEU Archive
NCC Group organisational change
The NCC Group’s vice president for human resources, Mats Pettersson, joins NCC Group Management. He already held the position of vice president human resources for the entire NCC Group but was not previously a member of Group Management. His position was organisationally affiliated to NCC Construction Sweden. Pettersson will now ...
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PropertyEU Archive
DTZ: European property markets return to growth
Europe's real estate markets turned the corner last year, with invested stock increasing by 4% in marked contrast to the decline of 8% in 2009, according to DTZ's Money into Property 2011 report.
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PropertyEU Archive
Echo gets go-ahead for Outlet Park Szczecin
Polish listed property group Echo Investment has received the building permit for the Outlet Park Szczecin, which will be the first outlet centre with an entertainment section in the West Pomeranian region of Poland.
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PropertyEU Archive
Knight Frank to market Hoxton Hotel London
The Hoxton Hotel in London is to be marketed by property adviser Knight Frank with a guide price of £70 mln (EUR 80 mln).
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PropertyEU Archive
P3 delivers BTS project in Poznan
Logistics specialist PointPark Properties (P3) has announced completion of construction and delivery of a 23,000 m[sup]2[/sup] Class-A warehouse and production facility in its park in Poznan, Poland. The space was pre-leased to promotional product distribution firm PF Concept.
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PropertyEU Archive
Redevco invests in 4 Belgian development projects
Redevco said it has invested some EUR 25 mln in the development and extension of four projects in Belgium. The schemes, which were all delivered in the past two months, are Phase I of Flémalle and Mons-Ghlin, the Fléron retail project and the first three units of a retail park ...
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PropertyEU Archive
Prelios accelerates disposal plan
Italian property services company Prelios intends to divest its entire investment portfolio in all countries where it is active - Italy, Germany and Poland - as part of a major refocusing on asset and fund management for third parties, newly appointed CEO Paolo Bottelli has told PropertyEU.
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PropertyEU Archive
Alpha Industrial to develop logistic park in Munich
German logistics and industrial reality specialist Alpha Industrial is to develop Logistikpark München Ost at Pliening, in the east of Munich. The project will feature 32,000 m[sup]2[/sup] of logistics space on a total property size of 44,000 m[sup]2[/sup].
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PropertyEU Archive
Asian buyers dominate central London market: Knight Frank
Asian buyers were behind just under 60% of new-build property sales in central London in the last six months (November 2010-April 2011), according to a new research report issued by Knight Frank.
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PropertyEU Archive
Icade sells Prelude project in Bordeaux
French development group Icade has sold the Prelude project in the French city of Bordeaux to UFG-LFP's SCPI UFG Pierre investment fund. The transaction price amounts to EUR 22 mln, excluding taxes.
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PropertyEU Archive
Universal set to enter institutional fund business
Frankfurt-based fund manager Universal-Investment plans to enter the institutional property fund market and is targeting a 15% market share in the mid-term, representing some EUR 4.5 bn in German property special funds.
