All Real Assets articles in Web Issue – Page 709
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PropertyEU Archive
JLL appointed to market Kiev's Domosfera mall
Jones Lang LaSalle has been appointed as exclusive consultant for a new 38,000-m[sup]2[/sup] shopping and entertainment park which is being developed in Kiev as part the larger Domosfera multifunctional complex.
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PropertyEU Archive
Avestus begins construction of spec project in Krakow
Avestus Real Estate, formerly known as Quinlan Private, has announced the start of construction for Enterprise Park, a new office complex located in the Polish city of Krakow.
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PropertyEU Archive
Top execs resign at DTZ as bid process stalls
London-listed broker DTZ has announced the resignations of CEO Paul Idzik and finance director Robert Rickert on Tuesday. The sudden departures are believed to be linked to lack of progress on a concrete takeover bid for the ailing global property adviser.
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PropertyEU Archive
Growth to return to the UK hotel market: Knight Frank
London is the top performing hotel market in Europe having benefited from a weak pound and a relatively restricted supply of hotel bedrooms which has made the operational environment for existing hotels more favourable.
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PropertyEU Archive
Atrium to build 20,000-m[sup]2[/sup] hypermarket for Auchan
Central and Eastern European developer and investor Atrium European Real Estate has agreed to develop a 20,000-m[sup]2[/sup] hypermarket for Auchan, the French international retailer, at its new Felicity retail development at Lublin in Poland.
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PropertyEU Archive
Czech investment hits EUR 800m in H1: Colliers
The Czech investment market gathered momentum in the first half with almost EUR 800 mln of real estate transactions being finalised, according to Colliers' mid-year country report released on Wednesday. The volume represents a nearly 50% increase on the volume of deals closed in the whole of 2010.
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PropertyEU Archive
RREEF sells for EUR 155m in Seoul
The German unit of Deutsche Bank's RREEF real estate investment management arm has divested two fully leased office properties in Seoul, South Korea, to Samsung Group for a total of EUR 155 mln. The assets were held by a RREEF open-ended fund.
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PropertyEU Archive
Eurohypo posts big treasury losses as property arm recovers
Eurohypo, the real estate arm of Commerzbank, has posted a loss of EUR 921 mln in its public finance/treasury division during the first half of 2011. However, the commercial real estate arm moved back into black for first time since 2008.
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PropertyEU Archive
BBVA picks Hines for upscale resi project in Madrid
US private investor and developer Hines has been selected by Anida, the real estate subsidiary of BBVA bank, as development manager for the renovation of Villanueva 4 into luxury apartments.
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PropertyEU Archive
London's Time Square mall to come onto the market
London's Time Square shopping centre will be put up for sale by its LPA receivers in an effort to recover value from the asset.
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PropertyEU Archive
FBU financial officer resigns
Norwegian listed property company Fornebu Utvikling (FBU) announced that Inger Lise Egeland has resigned from her position as chief financial officer (CFO). FBU is now looking for a replacement.
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PropertyEU Archive
Unilever sells manufacturing plant near Prague
German cosmetics manufacturer Wet Wipes International has purchased Unilever's manufacturing plant in Nelahozeves, 25 km north of Prague, for an undisclosed amount.
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PropertyEU Archive
Hochtief JV to build 14,000-m[sup]2[/sup] pre-let project in Essen
A joint venture between Bauwens Development and Hochtief Projektentwicklung has been mandated for the construction of a 14,400-m[sup]2[/sup] office property in the university quarter in the Northern German city of Essen.
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PropertyEU Archive
Pbb reports EUR 2.9b of new RE business in H1
German property financier pbb Deutsche Pfandbriefbank originated EUR 2.9 bn of new real estate lending in the first half of 2011. The bank's public sector finance division did a further EUR 1.2 bn of new business. Both figures include extension of more than 12 months.
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PropertyEU Archive
Integrale acquires Drapier building in Brussels
Belgian insurance company Integrale has purchased the Drapiers office building in Brussels from Irish holding company O'Mahony for around EUR 21 mln.
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PropertyEU Archive
C&W named agent for Trilogiport in Liege
Property adviser Cushman & Wakefield has been named exclusive agent for the commercialisation of its 150,000 m[sup]2[/sup] logistic warehouse facility located on the Trilogiport site in the Belgian city of Liège.
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PropertyEU Archive
Sonae Sierra to manage Berlin's Bikini mall project
International shopping centre specialist Sonae Sierra has been appointed by German development firm Bayerische Hausbau to manage the shopping centre component for the large-scale Bikini project in Berlin.
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PropertyEU Archive
Central London sees rise in office demand: CBRE
Office demand rose by 8% in Central London in the last month with a 13% record increase in the City which saw requirements hit 7.6 million sq ft (706,000 m2), according to the latest research from CB Richard Ellis.
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PropertyEU Archive
Ewing joins C&W Central London retail team
Property adviser Cushman & Wakefield has recruited Calum Ewing as a partner in its Central London retail team. Ewing will join the team will join in September after five years at Knight Frank where he was a partner.
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PropertyEU Archive
Valad to delist on Friday
Valad is to delist from the stock exchange in Sydney after the Court of New South Wales approved the takeover of the international real estate company by affiliates of US private equity firm Blackstone Real Estate Advisors.
