All Real Assets articles in Web Issue – Page 740
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PropertyEU Archive
Listowski joins C&W's Warsaw industrial team
Cushman & Wakefield has appointed Tom Listowski as partner and head of industrial in Poland & CEE corporate relations. Listowski started his professional career in Sydney, working for companies such as Connell Wagner and Property Surveyors.
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PropertyEU Archive
First tenant moves into Segro's SBU in Lodz
ABB, part of the world’s leading power and automation technology group, has become the first tenant at Segro’s small business unit (SBU) project located within Tulipan Park in the Polish city of Lodz.
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PropertyEU Archive
Notapierre buys 27,000 m[sup]2[/sup] office for EUR 100m
The SCPI Notapierre investment vehicle, owned by Union Notariale Financière and managed by B&C France, has acquired an office complex in the Antony Parc II business park for just over EUR 100 mln. The vendor is Iceland-based Askar Capital, financed by German lender Deutsche Pfandbriefbank.
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PropertyEU Archive
AXA REIM acquires London hotel for EUR 44m
AXA Real Estate Investment Managers has completed the acquisition of the IBIS London City Hotel on behalf of the Co-operative Insurance Society (CIS) for £38.35 mln (EUR 44 mln). The vendor was Mangrove Securities.
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PropertyEU Archive
HSH Nordbank to sell 45% of Europa Passage - report
German bank HSH Nordbank is planning to sell its 45% stake in the EUR 430 mln Europa Passage shopping centre in the centre of Hamburg , according to a news report in the Hamburger Abendblatts. The sale could fetch around EUR 200 mln, according to the paper.
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PropertyEU Archive
Accor seals EUR 77m sale-and-leaseback deal
International hotel group Accor is disposing of seven Suite Novotel hotels in France in a EUR 77 mln transaction, as part of its asset-light strategy.
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PropertyEU Archive
CBRE appoints executive MD for Russia
CBRE has appointed Alexander Polenok as executive managing director of the company's Russian business. The company also announced that Natalia Yakimenko has been named as deputy managing director of CBRE Russia.
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PropertyEU Archive
Crimson Hotels buys Hesperia London Victoria hotel
UK-based Crimson Hotels has acquired the Hesperia London Victoria hotel from Spanish hotel operator Hesperia, advised by CBRE Hotels. The financial details were kept confidential, but CBRE said that the sale was in line with current market values. London Victoria was Hesperia's only UK asset.
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PropertyEU Archive
CBRE Hotels picked to sell Le Meridien in Paris
CBRE Hotels has started the marketing process for France's largest hotel, Le Meridien Etoile Hotel in Paris, the company confirmed to PropertyEU. The asset has a value of around EUR 350 mln and is owned by London-based Starman Hotels.
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PropertyEU Archive
Lack of safe havens pushing money into prime real estate in CEE: CBRE
Overall property investment volumes in Central and Eastern Europe (CEE) amounted to EUR 8 bn by the end of September 2011, according to new data released by CBRE. This is twice as high when compared to the same period last year, with September marking the strongest results for 2011 to ...
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PropertyEU Archive
MWB refutes rumours that refinancing sparked exec's departure
MWB, the UK listed hotels and serviced office group, has hit out at media suggestions that the CEO of the hotel division had quit due to a dispute over refinancing.
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PropertyEU Archive
Retail investments dominate in September
Retail proved to be the flavour of the month among real estate investors in Europe during September, accounting for EUR 2 bn, or 37% of the overall volume of the top 50 investment deals recorded by PropertyEU.
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PropertyEU Archive
Neinver sees 15% sales gain in 2011
Traditional retail continues to be challenging thanks to volatile European economies, but leading European outlet development company, Neinver, reported a
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PropertyEU Archive
Sberbank agrees 20,000-m[sup]2[/sup] lease in Moscow's Danilovsky Fort
Sberbank Tehnology, a subsidiary of Russia's largest bank Sberbank, has signed a long-term lease agreement for nearly 20,000 m[sup]2[/sup] in the Danilovsky Fort Business Center in Moscow. Cushman & Wakefield brokered the deal, which ranks as one of the largest letting transactions in Moscow this year.
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PropertyEU Archive
Danica launches 16,000m[sup]2[/sup] designer outlet project in Copenhagen
Danica Pension, the investment arm of Denmark's Danske Bank, has announced it is developing the country's second outlet centre.
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PropertyEU Archive
Italian lender sells Rome office asset for EUR 130m
Italian lender Monte dei Paschi di Siena has sold an office building located opposite Rome's Coliseum to a closed-end fund managed by Mittel Real Estate. The transaction price amounts to EUR 130 mln.
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PropertyEU Archive
IVG fund acquires Warsaw office for EUR 15m
German listed real estate company IVG has announced that one of its funds has acquired N21, a fully leased office property in Warsaw from SwedeCenter for EUR 15 mln.
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PropertyEU Archive
ECE buys 3 Karstadt stores for EUR 50m
The Highstreet investor consortium has completed the sale of three Karstadt department stores to German privately held property group ECE Projektmanagement for over EUR 50 mln.
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PropertyEU Archive
Orco closes sale of Russian assets for EUR 53m
Orco Property Group said on Monday that it has completed the previously announced sale of most of its Russian assets to a local investor for a total of EUR 53 mln. The disposal includes the logistics business, the residential projects, the offices and land plots that are collectively valued at ...
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PropertyEU Archive
Takeover bid for DTZ bid aborted due to financial turmoil
French family run group St George Participations (SGP) has ended talks about a possible offer for listed international real estate broker DTZ due to the global financial turmoil.
