All Real Assets articles in Web Issue – Page 833
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PropertyEU Archive
PropertyEU Magazine June 2012
The June edition of PropertyEU Magazine highlights the growing body of evidence that it pays to be green in real estate. Experts say the question is not whether investors can expect to command a 'green premium' for sustainable buildings but whether they can avoid a 'brown discount' by actively incorporating ...
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PropertyEU Archive
Citycon buys Danish shopping centre for EUR 24m
Finnish listed real estate company Citycon is acquiring Albertslund Centrum in Greater Copenhagen from the local municipality for DKK 181 mln (EUR 24 mln). The shopping centre comprises 16,000 m[sup]2[/sup] of leaseable area and the transaction includes a grocery store extension which Citycon will buy when it is completed at ...
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PropertyEU Archive
Union Investment invests EUR 335m in San Francisco
Hamburg-based Union Investment Real Estate has acquired a 33-storey office building in San Francisco for $446 mln (EUR 335 mln) from project developer Tishman Speyer.
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PropertyEU Archive
MAB, Sonae Sierra's Solingen project almost 50% leased
Sonae Sierra has announced that its joint venture shopping centre project with MAB Development in the German city of Solingen has reached the 45% leasing mark more than a year before it is scheduled to open.
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PropertyEU Archive
Avestus office project in Krakow crosses 80% leasing mark
Avestus Real Estate said the first phase of its Enterprise Park office project in the Polish city of Krakow is now over 80% leased. The Irish-based international real estate company said discussions are ongoing in relation to the remaining available space.
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PropertyEU Archive
Aberdeen fund acquires Belgian retail park
Aberdeen Asset Management has announced the acquisition by one of its funds of a newly built retail park in Olen, 35 kilometres east of Antwerp in Belgium. Olen Shopping Park was acquired by Aberdeen European Balanced Property Fund from VLaeco, a joint venture between Belgian construction companies Cordeel and Aertssen.
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PropertyEU Archive
Amplion fund acquires Finnish bank branch portfolio
Nordic asset manager Amplion has acquired a 31,000 m[sup]2[/sup] property portfolio in Finland for an undisclosed price. The transaction was carried out by SN Properties Ky, a new property fund launched and managed by Amplion.
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PropertyEU Archive
Spain can learn from US savings and loan crisis: EPRA
One solution for Spain's property market implosion may lie in using equity markets and tax-transparent real estate investment trusts (REITS) to recapitalise the sector, an ASIPA (Association of Spanish Rental Property Companies) conference in Madrid heard on 7 June.
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PropertyEU Archive
Shoppers 'like' social media offering at malls
Social media is an increasing important factor in attracting visitors to shopping centres, according to Heino Vink, CEO of Netherlands-based mall specialist Multi Development.
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PropertyEU Archive
Beni Stabili Siiq refinances EUR 150m of debt
Italian real estate investment trust Beni Stabili Siiq has refinanced EUR 150 mln of debt due next year with the signing of a new mortgage loan.
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PropertyEU Archive
Tristan to launch EUR 750m opportunistic fund for Europe
Real estate investment manager Tristan Capital Partners is launching an opportunistic-style fund with a target volume of EUR 750 mln to take advantage of widespread disruption in European property markets, PropertyEU has learned.
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PropertyEU Archive
Welput acquires core West End asset for EUR 82m
The West End of London Property Unit Trust (WELPUT), managed by Schroders and advised by Grafton Advisors, has exchanged contracts to buy the freehold interest in Buchanan House, at 3 St. James’s Square in London, from clients of Aberdeen Asset Management. The transaction price amounts to a total of £66 ...
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PropertyEU Archive
Aberdeen seeks investors for Italian retail portfolio
Aberdeen Asset Management plans to transfer ownership of some EUR 200 mln worth of retail property assets in Italy to a new fund for institutional investors.
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PropertyEU Archive
Banimmo acquires Mercedes HQ site near Paris
Belgian listed property firm Banimmo has bought the Paris headquarters of carmaker Mercedes to redevelop it into a hotel and conference centre. The new scheme will comprise 205 bedrooms and about 3,000 m[sup]2[/sup] of meeting room space.
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PropertyEU Archive
DTZ Zadelhoff to manage Deka's latest Dutch acquisition
German fund manager Deka Immobilien has appointed DTZ Zadelhoff to provide property management services for the 30,000 m[sup]2[/sup] Viñoly office building in Amsterdam. Deka Immobilien Europa open-ended real estate fund acquired the property, located in the Zuidas business district, for EUR 140 mln in May.
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PropertyEU Archive
Cordea Savills appoints French investment director
Cordea Savills, the international property investment manager, has appointed Lionel Nicolas as director of investment based in Paris. The appointment follows the recent hire of Clement Pigott as head of investment, France and Benelux in March this year.
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PropertyEU Archive
Cofinimmo appoints Hellemans as new CFO
Belgian property company Cofinimmo has promoted Marc Hellemans to the position of chief financial officer and member of its executive committee. Hellemans was head of corporate finance and international development.
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PropertyEU Archive
Belov to lead CBRE Russia's valuation department
CBRE has announced the appointment of Sergey Belov as director in the Strategic Consulting and Valuation Department.
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PropertyEU Archive
BlackRock launches property securities investment platform
BlackRock has announced the launch of a global real estate securities investment platform and the appointment of industry veteran Mark Howard-Johnson as global head.
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PropertyEU Archive
Redevco sells office in Paris to focus on retail
European privately held property group Redevco has announced the sale of L'Ellipse office building in the Paris business district of La Défense as part of its strategy to focus on retail.
