All Real Assets articles in Web Issue – Page 741
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PropertyEU Archive
ECE starts construction of Árkád II mall in Budapest
German shopping centre developer ECE Projektmanagement and Deutsche Bank have started construction of Árkád II shopping centre in Budapest, Hungary.
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PropertyEU Archive
BNP Paribas picked to manage London's Leadenhall Triangle
BNP Paribas Real Estate Property Management has been mandated to manage the Leadenhall Triangle office complex in the City of London.
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PropertyEU Archive
PCP close to sealing refinancing on Bremen mall
Prime Commercial Properties (PCP), the UK-based retail property investor, has obtained a seventh extension on the Bremen loan which it failed to repay at the initial maturity date of 18 October 2010.
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PropertyEU Archive
Prime Development opens second shopping centre in Turkey
Prima Mall shopping centre in the Turkish city of Antakya attracted 175,000 visitors on its first day of trading, according to developer and mall manager Prime Development.
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PropertyEU Archive
C&W recruits Michael Lindsay from KPMG
Cushman & Wakefield has appointed real estate finance specialist Michael Lindsay as a partner and head of its EMEA Corporate Finance team in London. The appointment is part of the property adviser's ongoing strategic recruitment initiative.
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PropertyEU Archive
Vailog leases 32,000 m[sup]2[/sup] to Amazon in Italy
Amazon, the world's largest online retailer, is officially starting operations in Italy with a 32,000 m[sup]2[/sup] lease in a new distribution space in Vailog's CSG logistics park in Castel San Giovanni (Piacenza), South of Milan.
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PropertyEU Archive
LGP gets green light for 84,000-m[sup]2[/sup] industrial project in Corby
Legal & General Property (LGP) has been granted planning permission for a 84,000 m[sup]2[/sup] cross-docked distribution warehouse at its 70-acre former Gefco UK Car Storage site in Corby. The project will be carried out on behalf of LGP's Industrial Property Investment Fund.
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PropertyEU Archive
German office take-up rises 15% in Q3: Colliers
Tenant demand in the German office market remained strong during the summer months, according to new data from Colliers International. Office take-up totalled as much as 2.2 million m[sup]2[/sup] in the first three quarters of the year, representing a 15% increase year-on-year.
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PropertyEU Archive
DIC takes over Morgan Stanley fund stake in EUR 190m portfolio
German listed property company DIC Asset has acquired the 50% stake in three joint ventures previously held by funds advised by Morgan Stanley Real Estate Investing. The deal makes DIC Asset the sole owner of a portfolio with a market value of some EUR 190 mln consisting of around 20 ...
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PropertyEU Archive
CS Euroreal sheds over EUR 310m of assets in Germany, UK
Credit Suisse's frozen Euroreal open-ended property fund has completed three sales in Germany and the UK for a total value of over EUR 310 mln.
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PropertyEU Archive
Real I.S. acquires Marseilles office for EUR 34m
German closed end fund manager Real I.S. has acquired an office building in the central business district of Marseilles for some EUR 34 mln. Real I.S. carried out the transaction for its institutional fund BGV III. The vendor was a fund managed by Pramerica Real Estate Investors.
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PropertyEU Archive
CPI in talks to buy EUR 80m City Park Jihlava
Czech Property Investments (CPI), a Prague-based company owned by financier Radovan Vitek, is in negotiations to buy the 25,000-m[sup]2[/sup] City Park Jihlava regional shopping centre for some EUR 80 mln in an off-market deal with local developer PSJ Invest, PropertyEU has learnt. Closing is expected by year-end, according to well-informed ...
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PropertyEU Archive
JLL expands in Asian residential through acquisition
Listed global property adviser Jones Lang LaSalle has expanded its residential division in South East Asia by acquiring DST International Property Services in Singapore.
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PropertyEU Archive
Activum fund II seals first deal in Frankfurt
Activum SG Capital Management, the European real estate fund manager, has bought the AOC office building in Frankfurt's Ostend district from Harpen Immobilien for an undisclosed amount. The transaction marks the first investment for the Jersey-based investment manager´s recently-closed second German real estate fund, Activum SG Fund II.
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PropertyEU Archive
Rockspring expands client services team
Rockspring Property Investment Managers has expanded its Client Services team, appointing Maria Bergliden-French as Business Development Manager in the UK.
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PropertyEU Archive
Goodman receives planning consent for Thurrock park
Goodman has received planning consent for its Thurrock commercial park in Essex, UK, where the logistics specialist is to deliver a 12,000 m[sup]2[/sup] facility for consumer media company A&N Media.
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PropertyEU Archive
Patrizia leases 10,000m[sup]2[/sup] to Natixis in Paris
Patrizia GewerbeInvest KAG has concluded a rental agreement for 10,000 m[sup]2[/sup] with Natixis in Paris. Natixis, the investment bank of the French savings banks (Caisse d’Epargne) and cooperative banks (Banques Populaires), is extending its rental agreement for a further nine years.
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PropertyEU Archive
IC Immobilien picked to manage Treveria's EUR 1.4b German portfolio
Treveria Asset Management, the German subsidiary of UK investor Treveria, has appointed IC Immobilien's Property Management arm to take over the management of its entire 370-property strong portfolio in the country.
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PropertyEU Archive
Pbb provides EUR 143m refinancing for Docks de Marseille
German real estate lender pbb Deutsche Pfandbriefbank has provided a EUR 143 mln facility for the refinancing of existing loans and planned retail conversion work at Docks de Marseille.
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PropertyEU Archive
Ibercaja to sell 204 bank braches in Spain - report
Spanish lender Ibercaja is looking to raise equity through the sale of around 20% of its property portfolio across the country.
