All Real Assets articles in Web Issue – Page 712
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PropertyEU Archive
Savills' Belfast office doubles in size
Savills has announced the expansion of its Belfast office with the addition of the team from Myles Danker to create a full suite of commercial property services including agency, professional services and property management. The move sees Savills Belfast expand from six to 12 people.
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PropertyEU Archive
Unibail-Rodamco names new managing director for Benelux
Unibail-Rodamco has named John van Haaren to lead its activities in the Benelux region. Van Haaren was previously CEO of Corio's Netherlands office. He will join Unibail-Rodamco as regional managing director for the Netherlands on 1 September, succeeding Edwin Turksma, who is resigning from his post on 1 October. Van ...
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PropertyEU Archive
Commerz Real sells office scheme in Canada
Germany's Commerz Real has just sold the Stampede Station office scheme in Calgary, Canada, from the portfolio of its hausInvest open-ended real estate fund. The asset was acquired by local investor Artis REIT for a total of CA$90 mln (EUR 63 mln).
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PropertyEU Archive
German investors shift focus to domestic market: CBRE
Commercial real estate investors from Germany remain significant players in the European property market, but are increasingly focusing on their home market, according to the latest data from CB Richard Ellis (CBRE).
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PropertyEU Archive
DTZ's Hardman joins Cushman & Wakefield
Douglas Hardman, former head of DTZ's investment team in EMEA, has been named as a partner in Cushman & Wakefield's EMEA capital markets team.
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PropertyEU Archive
Gurski to head new Valad office in Düsseldorf
Valad, the European multi-let real estate investment manager, has announced that Thomas Gurski is heading up its new office in Düsseldorf.
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PropertyEU Archive
HIH opens office in Frankfurt
German closed-end fund manager Hamburgische Immobilien Handlung (HIH) has opened an office in Frankfurt due to growing activity in the city's occupier and investment market.
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PropertyEU Archive
Trigranit gets building permit for EUR 160m Poznan project
CEE real estate developer TriGranit has received the green light to begin construction on its EUR 160 mln development project in Poznan, Poland. The groundbreaking ceremony is scheduled for the end of September, the company said in a statement.
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PropertyEU Archive
Scandic, Pandox agree EUR 173m investment in Nordic hotels
Swedish hotel property group Pandox is teaming up with Nordic hotel operator Scandic to invest SEK 1.6 bn (EUR 173 mln) in the upgrade and redevelopment of 40 existing hotels with 4,000 rooms in the Nordic countries.
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PropertyEU Archive
Morgan Stanley sells 3 Munich properties for EUR 36m
German asset manager Corpus Sireo has sold three office properties in Munich on behalf of Morgan Stanley. The investment volume for the assets that provide 23,000 m[sup]2[/sup] of floor space came to EUR 36 mln.
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PropertyEU Archive
Delek RE's shareholder to sell 51% stake
Israeli debt-laden property company Delek Real Estate said that its majority shareholder has signed a preliminary agreement to sell its 50.8% stake in the company to an unnamed foreign investment fund.
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PropertyEU Archive
Pbb Deutsche Pfandbrief grants EUR 80m refinancing to Tamar
German lender pbb Deutsche Pfandbriefbank has provided an EUR 80 mln extension to loan facilities made available to Tamar European Industrial Fund (TEIF). The facilities, which have been reduced from EUR 88 mln to EUR 80 mln following the sale of an asset in Norway will be extended for a ...
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PropertyEU Archive
Andrew Michael re-joins CBRE's hotel valuation team
CB Richard Ellis (CBRE) has announced that Andrew Michael is re-joining its hotel valuations team.
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PropertyEU Archive
Morgan Stanley to become Orco's largest shareholder
Morgan Stanley Real Estate Investing (MSREI) is to swap its stake in Orco Germany for an interest in the parent company, Orco Property Group, in a deal which will make it the largest shareholders in the Euronext-listed CEE real estate developer.
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PropertyEU Archive
Former Blackstone and Starwood bosses launch new PERE firm - report
Nick Lyle, former head of Blackstone UK's business, and Sean Arnold, who led the European operations of Starwood, are partnering to launch a new private equity firm which will invest in UK and European real estate, according to an article in the Financial Times.
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PropertyEU Archive
Vasakronan buys office building in Malmo
listed property firm Vasakronan has acquired the Koggen 2 office development project in Malmö, Sweden for SEK 246 mln (EUR 27 mln). The vendor is
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PropertyEU Archive
IVG sees 'incredible' opportunities in refurbishments
Refurbishments of commercial real estate and infrastructure for German corporates and for the public administration Germany will represent a market opportunity with a value of at least EUR 244 bn over the next five years, according to a new research reported issued by Germany's largest property group, IVG Immobilien.
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PropertyEU Archive
Picton in merger talks with Invista trust
Picton Property has made a non-binding offer to merge with the £371 mln (EUR 427 mln) Invista Foundation Property Trust.
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PropertyEU Archive
AXA REIM completes EUR 2.1b of deals in H1 2011
AXA Real Estate Investment Managers completed EUR 2.13 bn of transactions in Europe on behalf of its clients in the first half of 2011.
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PropertyEU Archive
Echo acquires Polish office complex for EUR 16m
Warsaw-listed developer and investor Echo Investment plans to acquire a 16,300 m[sup]2[/sup] office complex in the Polish city of Kielce. The share deal reflects an investment volume of PLN 67.50 mln (EUR 16 mln).



