All Real Assets articles in Web Issue – Page 788
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PropertyEU Archive
Eurocommercial sees stable year ahead
Dutch shopping centre group Eurocommercial Properties posted sound net rental income growth of 7.1% in the half year ended December 31, 2011 and said it expects 2012 to be a year of stability for the company.
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PropertyEU Archive
Angus Wade joins JLL's hotels team
Angus Wade has joined Jones Lang LaSalle's Global Hotels team as executive vice president Central & Eastern Europe (CEE), based in London.
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PropertyEU Archive
Rising foreclosures feed investor appetite
The level of distressed properties coming to the market will continue to grow globally amid a dramatic increase in investor appetite, according to the latest RICS Global Distressed Property Monitor.
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PropertyEU Archive
CBRE appoints new head of capital markets for CEE
Property services firm CBRE has appointed Michael Atwell as head of capital markets for Central and Eastern Europe (CEE), replacing Patrick O’Gorman who will return to the company’s London office to take up the role in the Central London investment team.
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PropertyEU Archive
Swedbank's property arm sells office assets in Finland
Ektornet, the property arm of Swedbank, has divested two office buildings in Tampere and Helsinki to Finnish insurance company Tapiola for a combined EUR 38.5 mln.
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PropertyEU Archive
British Land sees value of retail portfolio slip
British Land posted a broadly flat third-quarter net asset value per share on the back of a moderate decline in the value of its shopping centres.
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PropertyEU Archive
M&G snaps up Cour des Capucins mall in France
M&G's European Property Fund has bought La Cour des Capucins shopping centre in Thionville for just over EUR 31 mln. The vendor is French listed retail group Altarea.
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PropertyEU Archive
Jan Stemshorns joins Savills new Cologne office
Real estate adviser Savills has appointed Jan Stemshorn to join its office in Cologne as an associate director in the industrial agency team. Stemshorn joins the firm from BNP Paribas Real Estate where he spent five years, latterly as a senior consultant in industrial services.
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PropertyEU Archive
Niam recruits head of project development
Niam has hired Hans Lisserkers as head of development projects for the Nordic private equity firm's real estate funds. Prior to joining Niam, Lisserkers spent 13 years with Skanska, a listed Swedish constructions company, where he was most recently worked as the business development director responsible for finding and creating ...
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PropertyEU Archive
Segro secures 9,000m[sup]2[/sup] pre-let in Dusseldorf
UK REIT Segro has secured a 9,000 m[sup]2[/sup] pre-lease on office and warehouse space for a Dusseldorf logistics development. Logistics service provider Wir Packen has signed a 10-year rental agreement for the space at Logistic Centre 1 in Segro Logistics Park Krefeld-Süd.
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PropertyEU Archive
Norway's DNB bank seeks 10,000m[sup]2[/sup] base in Vilnius
Norway's DNB bank has appointed Nordic and Baltic property advisor Newsec to help it find 10,000 m[sup]2[/sup] of office space for its head office in Vilnius, Lithuania.
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PropertyEU Archive
Union Investment's Prime Property Award receives 160 entries
Union Investment’s Prime Property Award 2012 attracted a total of 160 real estate projects from 19 European countries. The European real estate sustainability competition is being held this year for the third time
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PropertyEU Archive
Polish RE volumes forecast to hit EUR 2.5b in 2012
Property adviser Savillls expects Poland to record a similar level in commercial real estate investment volume during 2012 to the more than EUR 2.5 bn booked in 2011. Last year's figure reflects an increase of 45% on 2010.
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PropertyEU Archive
Frankfurt, Munich attract EUR 5.9b of investment in 2011
Frankfurt and Munich accounted for half of the real estate investment volume of EUR 11.9 bn in the seven main German cities in 2011.
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PropertyEU Archive
Immofinanz sells Vienna palace for EUR 22m
Austrian real estate investor-developer Immofinanz has sold a historical inner city office building in Vienna to a private asset management firm.
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PropertyEU Archive
Deka sells Milan office for EUR 45m
Inarcassa RE, an Italian fund managed by Fabrica Immobiliare on behalf of institutional investors, has acquired an office property in Milan for EUR 45.5 mln. The vendor was German fund manager Deka Immobilien.
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PropertyEU Archive
KGAL invests EUR 90m in Pasinger Hofgärten
German asset manager KGAL has acquired the Pasinger Hofgärten mixed-use complex in Munich in a club deal on behalf of a group of like-minded investors. The total fund investment volume - made up entirely of equity capital - was EUR 90 mln.
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PropertyEU Archive
Amundi acquires office property in Paris
Real estate fund management firm Amundi Immobilier has acquired the Olympique office building in the 13th arrondissement of Paris from private equity real estate firm Benson Elliot Capital Management and Générale Continentale Investissements (GCI).
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PropertyEU Archive
Cornerstone names new European CEO
Cornerstone Real Estate Advisers has announced the appointment of Charles Weeks as its new European Chief Executive Officer (CEO). Following an orderly transition, Weeks will replace Iain Reid in the middle of March, when Reid will retire from Cornerstone Europe.
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PropertyEU Archive
German investors driven more by security than returns: survey
German investors are basing their investment decisions more on the degree of security offered by a market than ever before, with returns and liquidity lagging well behind as motives, according to Union Investment's latest investment climate survey.
