All Real Assets articles in Web Issue – Page 680
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PropertyEU Archive
ING REIM acquires Swedish mall for EUR 45m
ING Real Estate Investment Management (ING REIM) has announced the acquisition of Baronen, a prime shopping centre property in central Kalmar in Sweden from the estate of Gustaf De Geer. The investment volume of almost EUR 45 mln reflects an initial yield of slightly below 7%.
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PropertyEU Archive
Aberdeen fund buys retail property in Germany
Aberdeen European Balanced Property Fund has acquired a fully leased retail property in Gelsenkirchen, Germany from UK-listed retail property company Treveria. The financial details of the transaction were not disclosed.
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PropertyEU Archive
Banking sector leasing levels accelerate across Europe: C&W
The European banking sector is gaining strength based on high levels of office leasing activity in the last year, with take-up of office space being 20% above the five year average over the past 12 months, according to a report from Cushman & Wakefield (C&W).
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PropertyEU Archive
Performance will polarise across Europe's markets: JP Morgan
Investment performance across Europe's property markets is expected to polarise further rather than converge in 2011, according to Joe Valente, the Europe head of research and strategy at JP Morgan Asset Management's real estate arm.
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PropertyEU Archive
Echo starts construction of Galeria Amber in Kalisz
Polish listed developer and investor Echo Investment has acquired a building permit for the construction of Galeria Amber in Kalisz, Poland.
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PropertyEU Archive
Axa RE appoints Matthias Leube to head German office
Axa Real Estate has appointed Matthias Leube as the company's local head for Germany and the regional head of property services group.
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PropertyEU Archive
Dixons sells and leases back Swedish distribution centre
Specialist electrical retailer and services company Dixons Retail has exchanged contracts with a syndicate of investors advised by Ness Risan & Partners for the sale-and-leaseback of its Nordic distribution centre in Jönköping, Sweden.
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PropertyEU Archive
'Retail developers should become more daring'
Developers need to be more daring with their shopping centre concepts to attract and keep the interest of the public, a leading retail specialist has suggested.
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PropertyEU Archive
Knight Frank hires new investment boss in Spain
Knight Frank has appointed Humphrey White as the new investment director for Spain.
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PropertyEU Archive
Buck Consultants opens office in Chicago
Buck Consultants International has opened an office in Chicago headed by Martijn Bouwman. He previously worked for the Netherlands Foreign Investment Agency. This is Buck Consultants’ first office in North America.
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PropertyEU Archive
Lemminkäinen to build two office projects in Helsinki
Helsinki-listed construction group Lemminkäinen has announced plans to develop two new office buildings at Töölönlahti in downtown Helsinki on behalf of its client, Etera Mutual Pension Insurance Company.
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PropertyEU Archive
Rental income buoys German market: King Sturge
The German real estate market has been buoyed by strong rental income figures. Property adviser King Sturge said on the real estate climate component of the King Sturge Real Estate Economy Index - which has been charting increasing confidence in the German market in recent months - achieved a new ...
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PropertyEU Archive
Habas finances UBS' Wankdort Center buy
Tel Aviv-based property group Habas said that its 74%-owned subsidiary, Habas Star, has been repaid a subordinate loan purchased back in April to finance the acquisition by Swiss bank UBS of the Wankdort Center mixed-use complex in Bern, Switzerland.
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PropertyEU Archive
CapMan sells a retail property in Tuusula
Nordic private equity firm CapMan said on Tuesday that its CapMan Real Estate I fund has sold a retail property located at Pysäkkikuja 1 in Tuusula, Finland. The buyer is AKR Tuotto Ky fund, which is managed by Auratum Real Estate Oy. The financial details were not disclosed.
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PropertyEU Archive
Wilhelm & Co to fund mall deal with listed certs
Wilhelm & Co has confirmed its intention to list real estate certificates on NYSE Euronext Brussels to acquire the Médiacité shopping centre in Liège. The real estate certificates will be issued by Médiacité Shopping NV/SA.
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PropertyEU Archive
EPF elects new chairman
The European Property Federation (EPF) has elected Joseph Houlihan as chairman during its annual general meeting in Budapest. At the same meeting, Daniel Loureda was re-elected vice-chairman.
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PropertyEU Archive
ULI trends conference examines role of cities in next cycle
The role of cities in the next economic cycle and the drivers for their success will be a dominant theme at the ULI Trends Conference set to take place in Amsterdam on 22 June.
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PropertyEU Archive
Kempen & Co sees more property IPOs and takeovers
Dutch merchant bank Kempen & Co expects a strong increase in the number of share issues and IPOs of European property companies in the coming year. The bank also expects to see more takeovers of poorly valued property companies, Boudewijn Schoon, director of European Property Research, told the European Property ...
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PropertyEU Archive
Deutsche Hypo finances Frankfurt Motel One project
German lender Deutsche Hypo is financing the acquisition and development of a Motel One hotel in the Europaviertel district of Frankfurt, Germany.
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PropertyEU Archive
DTZ hires new PM head in Prague
Global real estate advisor DTZ has appointed Lenka Vodrážková as head of property management in Prague. She is replacing Martin Kubík, who left the company at the end of April.
