All Real Assets articles in Web Issue – Page 826
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PropertyEU Archive
CBRE sells EUR 120m Italian office package
CBRE has been awarded a mandate to manage the disposal of a EUR 120 mln prime office portfolio in Italy on behalf of fund manager BNP Paribas REIM .
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PropertyEU Archive
Europa Capital JV unveils EUR 200m project
European real estate fund manager Europa Capital has started the development of an industrial and logistics park in Romania in a joint venture with Spanish-owned developer Graells & Llonch.
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PropertyEU Archive
Orco sells office building in Prague for EUR 75m
Orco Property Group has sold the Radio Free Europe-Hagibor office building in Prague to a subsidiary of the L88 Companies, an American-owned business. The transaction value amounted to $94 mln (EUR 75 mln), which is at par with a DTZ valuation after taking into account all taxes on the transaction.
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PropertyEU Archive
GVA agrees debt-swap deal with Lloyds to fund growth
UK independent commercial property advisor GVA has announced a capital restructuring of its balance sheet to prepare the business for its planned strategic growth programme.
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PropertyEU Archive
CBRE appoints Neil Blake as head of EMEA research
CBRE has appointed Neil Blake as head of EMEA & UK Research, effective August 2012.
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PropertyEU Archive
AXA Real Estate gets green light for West End project
AXA Real Estate Investment Managers has received full planning consent for a new £40 mln (EUR 50 mln) retail-led mixed-use scheme on a key Oxford Street site.
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PropertyEU Archive
Close Brothers' senior execs launch new IM business
Three former senior executives from Close Asset Management have joined forces to launch a new investment management business including two funds.
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PropertyEU Archive
CBRE strengthens capital markets team in Russia
CBRE has announced the appointment of Ivan Gubochkin as managing director in the capital markets department in Russia.
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PropertyEU Archive
Neinver starts development of second outlet in Warsaw
Spanish retail outlet specialist Neinver has commenced development on its Bia³o³êka site in Eastern Warsaw planned to accomodate the company's second retail outlet centre in the city.
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PropertyEU Archive
Rockspring strengthens Swedish retail portfolio
Rockspring Property Investment Managers has bought six retail assets in Sweden from Redevco for EUR 77 mln. The acquisition was made on behalf of Rockspring TransEuropean Property Limited Partnership V, the fifth in Rockspring's Trans series, a closed-ended fund focused on investing into core/core+ and value add real estate in ...
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PropertyEU Archive
HUT secures EUR 433m financing from MetLife and banks
Retail warehouse fund Hercules Unit Trust (HUT) has signed a new £350 mln (EUR 433 mln) five-year loan facility provided by US-based insurance company Metropolitan Life Insurance Company (MetLife) and UK banks Lloyds TSB and Royal Bank of Scotland (RBS).
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PropertyEU Archive
Deka acquires Prague office building for EUR 54m
German property fund manager Deka Immobilien has acquired the City Green Court office building in Prague for EUR 54.5 mln. The vendor was international construction and property development group Skanska.
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PropertyEU Archive
Credit Suisse to liquidate EUR 6b Euroreal fund
Credit Suisse is liquidating its EUR 6bn CS Euroreal property fund after too many investors opted to redeem their shares when it re-opened for one day of trading on Monday following a two-year freeze.
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PropertyEU Archive
Dundee International acquires Hannover office building
Toronto-listed Dundee International REIT has acquired a 19,500 m[sup]2[/sup] office building in the German city of Hannover. The vendors of the Grammophon Park asset were European real estate investors Activum Capital Management and Stam Europe.
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PropertyEU Archive
ULI Trends conference adds session on eurozone crisis
The Urban Land Institute (ULI) is bringing leading real estate professionals together to analyse how the property industry should respond to the eurozone crisis.
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PropertyEU Archive
DTZ Echinox appointed leasing agent for Coresi mall
Immochan, the real estate division of retailer Auchan, has appointed property adviser DTZ Echinox to provide leasing services for Coresi Shopping Centre project in the Romanian city of Brasov.
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PropertyEU Archive
Westfield London wins ICSC 'Best of the Best' award in LA
Sydney-listed shopping centre specialist Westfield has won the International Council of Shopping Centers 'Best of the Best' award for the design and development of its 156,000 m[sup]2[/sup] scheme in the White City district of London. The award in the 'new retail project' category was presented for Westfield London at the ...
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PropertyEU Archive
Immofinanz completes takeover of Golden Babylon in Moscow
Vienna-listed real estate group Immofinanz has announced the completion of the takeover of the remaining 50% of the Golden Babylon Rostokino shopping centre in Moscow. The buy-out of the stake held by joint venture partner Patero was finalised on 16 May after the deal was approved by Russian antitrust authorities.
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PropertyEU Archive
PropertyEU organises Benelux investment briefing at Realty Brussels
PropertyEU is bringing senior real estate leaders together at the Realty Brussels fair on Tuesday for a briefing on real estate investment in the Benelux markets.
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PropertyEU Archive
John Partridge steps down as executive chairman at Cordea Savills
John Partridge has announced he is resigning as executive chairman at real estate fund manager Cordea Savills after nine years with the company. He will remain involved with Cordea Savills as a senior adviser.
