All Real Assets articles in Web Issue – Page 756
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PropertyEU Archive
Wereldhave acquires London mall for EUR 182m
Amsterdam-listed property company Wereldhave is acquiring Ealing Broadway shopping centre in West London. The investment volume of EUR 182 mln reflects a net initial yield of 6.5%.
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PropertyEU Archive
Henderson sells Paris office building for EUR 22m
Henderson Global Investors has sold an office building in Paris for EUR 22 mln to an unnamed investor. The 2,500 m[sup]2[/sup] building is located at 15 rue du 4 September in the second district of Paris. The property is predominantly used for offices though the ground floor is dedicated ...
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PropertyEU Archive
WP Carey provides EUR 41m development financing in Croatia
New York-listed investor WP Carey has provided EUR 41 mln construction financing to Austrian developer BOP for a retail project in Croatia.
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PropertyEU Archive
MAPIC: Docks 76 obtains BREEAM in use cert
Unibail-Rodamco's Docks 76 scheme has become the first shopping centre in France to achieve a 'Very Good' environmental performance reference under the BREEAM in Use assessment for existing buildings.
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PropertyEU Archive
MAPIC: JLL adds to European retail team
Global property adviser Jones Lang LaSalle has appointed Marina Vidal to its EMEA retail development team as general contractor. Vidal will be responsible for leading JLL's European retail service offering with Tetris Projects, a subsidiary that offers a one-stop-solution for fit-out and refurbishment projects.
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PropertyEU Archive
MAPIC: Retail expansion still on agenda in Europe
Large-scale expansion is still on the agenda for international retailers in Europe next year, in spite of the challenging consumer environment and an increasing share of shopping being done online, according to global property adviser CBRE.
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PropertyEU Archive
MAPIC: Corio backs pop-up mall concept for Continental Europe
Corio is supporting moves to bring the pop-up mall to Continental Europe. The Amsterdam-listed shopping centre investor has signed an agreement with Boxpark to explore the expansion of the concept in European markets.
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PropertyEU Archive
MAPIC: Moscow retail pipeline begins to dry out
Moscow's retail development pipeline is drying out as developers focus on small schemes of less than 5,000 m[sup]2[/sup] gross lettable area, according to data compiled by Cushman & Wakefield.
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PropertyEU Archive
CBRE Hotels sets deadline for bids on UK Hilton portfolio
CBRE Hotels has set 23 November as the deadline for bids on a portfolio of three purpose-built hotels in the UK. The hotels are branded Hampton by Hilton.
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PropertyEU Archive
IVG Funds re-acquires Bonn office building from Degi
The institutional funds arm of German listed property company IVG has re-acquired the Holland House office building in Bonn from Aberdeen Asset Management's Degi Global Business fund. The price was not disclosed but Aberdeen said it was at the market value level determined by the last independent review.
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PropertyEU Archive
MAPIC: Colliers sees retail opportunties in small Polish cities
Seven smaller cities in central Poland offer high retail investment potential, according to an analysis by Colliers International. The property adviser's quarterly report entitled 'Where to invest in Poland' seeks to identify the retail investment gaps in smaller cities with populations between 30,000 and 100,000 inhabitants.
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PropertyEU Archive
MAPIC: C&W expands European retail team
Property adviser Cushman & Wakefield has announced a string of appointments to its 450-strong European retail team in key markets. The latest appointments are in Turkey, Spain, France and the UK.
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PropertyEU Archive
SocGen suspends new lending to European property
Société Générale is understood to be suspending new lending to European property indefinitely. The move follows a major review of the bank's activities triggered by the new Core Tier 1 regulatory requirements under Basel 3.
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PropertyEU Archive
MAPIC: Rents for prime European malls predicted to hold up
Rents in prime European shopping centre markets will likely remain stable over the next two years due to a sharp decline in new assets coming to the market, real estate adviser Savills has predicted.
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PropertyEU Archive
European office leasing volumes show 'strength': JLL
EMEA office leasing volumes continued to improve over the third quarter of 2011 despite variations in prime rents. Jones Lang LaSalle's Q3 2011 European Office Clock Report shows prime rents increased in Stockholm, The Hague (both +2.4%), Hamburg (+2.2%) and Milan (+1.9%). In contrast prime rents declined in Brussels (-3.2% ...
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PropertyEU Archive
MAPIC: Reiss expands in Moscow
UK designer clothes retailer Reiss has acquired a 257 m[sup]2[/sup] unit on the ground floor of Metropolis shopping centre in Moscow. The new store, which is expected to open for trading in December 2011, will showcase the full range of menswear, woman's wear and accessories.
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PropertyEU Archive
MAPIC: Saturn to launch flagship store in Rotterdam
Saturn is opening a flagship store in the Netherlands. The German electronics retailer is leasing 10,000 m[sup]2[/sup] at MAB Development's Spinoza Rotterdam development project, for what will be one of Saturn's largest locations in Europe.
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PropertyEU Archive
MAPIC: Multi unleashes T-Rex on Istanbul
European mall specialist Multi has opened a dinosaur 'edutainment' attraction at Forum Istanbul, which is celebrating its second year of operation.
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PropertyEU Archive
Rockspring teams up with Vencom in the Nordics
UK-based investment manager Rockspring has established a strategic cooperation with Nordic asset manager Vencom Property Partners.
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PropertyEU Archive
MAPIC: Saturn to rent 10,000-m[sup]2[/sup] in MAB's Rotterdam project
German electronics retailer Saturn and Dutch developer MAB have signed a rental agreement for 10,000 m[sup]2[/sup] in the Spinoza complex in Rotterdam. The store - Saturn's first in the Netherlands - will be one of the company's largest locations in Europe to date.
