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23 August 2010
Montag 19. Juli 2010
Global 2010 RE investment may rise 50% - JLL
Global commercial real estate investment reached $66bn in 2Q10, nearly double the market bottom one year ago, and...
Montag 19. Juli 2010
Pirelli equity agrees Prelios name, capital boost
Shareholders of Italian listed group Pirelli & C. Real Estate have approved a change of name to Prelios, and also a...
Montag 19. Juli 2010
DIC Asset sees market base, first upturn signs
Frankfurt's listed office investor DIC Asset has experienced a bottoming-out in the market for several weeks and is...
Montag 19. Juli 2010
BREAKFAST WITH PIE - Austria-Hungary, 17 September, London
Austria-Hungary Property Breakfast - Friday 17 Sept., London - posing the question "Will Austria & Hungary, in echo of...
Montag 19. Juli 2010
Poland clears Unibail-Rodamco Simon Ivanhoe deal
The Polish competition authority has approved the E715m acquisition by French-Dutch REIT Unibail-Rodamco of mall...
Montag 19. Juli 2010
ORIE to continue fight against Grand Paris tax
Ile-de-France commercial property body ORIE will continue to push for an alternative to the controversial capital gains...
Montag 19. Juli 2010
Italy Research Forum issues first joint office study
Italian research executives from six realtors, in the enlarged Italy Research Forum that aims to boost market...
Montag 19. Juli 2010
French Gecina aims to boost office, healthcare
French REIT/SIIC Gecina, until recently grappling with severe corporate governance controversies, aims to grow the...
Montag 19. Juli 2010
French Eurosic sees possible corporate tie-up
French REIT/SIIC Eurosic could link up with another property company rather than being fully sold off by parent company...
Montag 19. Juli 2010
Istanbul office investment accelerates in 2Q10
Office investment in the Turkish metropolis Istanbul accelerated in second quarter 2010 after many international firms...
Montag 19. Juli 2010
US Lufkin signs $126m site in Romanian Ploesti
Belgium-based Alinso's Romanian unit Allianso Business Park has signed a contract with Texas oil industry equipment and...
Montag 19. Juli 2010
RE investors returning to Estonia - Re&Solution
Some optimism is re-emerging in Estonian real estate, and foreign investor interest, especially from Scandinavia, has...
Montag 19. Juli 2010
Italy Research Forum issues first joint office study
Italian real estate research executives from six major international realtors, in an enlarged working group Italy...
Donnerstag 15. Juli 2010
End of silent retailing means consumer engagement - JLL
The retail industry has remained very quiet in communicating with people until now but the future of retail marketing...
Donnerstag 15. Juli 2010
Eurohypo in E75m financing for ProLogis' PEPF II
ProLogis European Property Fund II, the externally-managed European logistics real estate fund set up by US REIT...
Dienstag 13. Juli 2010
French RE investment curbed by letting worries
French property investment will recover only modestly this year, with activity curbed by concerns about a fragile...
Dienstag 13. Juli 2010
Austria's conwert raises offer price for ECO
Listed residential property group conwert, based in Vienna, has raised to E7.15 from E6.50 its takeover offer share...
Dienstag 13. Juli 2010
Kesko, Ilmarinen close Finland's largest deal at E180m
Kesko, Kesko Pension Fund and Ilmarinen Mutual Pension Insurance company have established a new firm, Kruunuvuoren...
Dienstag 13. Juli 2010
Deka buys Paris hotel for E114m, sells in Düsseldorf
French REIT/SIIC Altarea Cogedim has sold a hotel and conference complex near the Arc de Triomphe in Paris to German...
Dienstag 13. Juli 2010
French house prices up 8.5%yy in June - Century 21
The price of the average existing home in France has risen 8.5% over the 12 months to the end of June, and now costs...
Dienstag 13. Juli 2010
German WestImmo bank sale delayed to August
The sale of the Mainz-based real estate financing bank WestImmo by the Düsseldorf landesbank WestLB has been further...
Dienstag 13. Juli 2010
UBS raises stake in German fund unit to 95%
UBS Global Asset Management has raised its stake in its German fund management unit UBS Real Estate by 43.9% to 94.9%....
Dienstag 13. Juli 2010
AXA in first close of Europe development fund at E230m
AXA Real Estate Investment Managers has made the first close of its pan-European development fund, Development Venture...
Dienstag 13. Juli 2010
French FdR opens CB 21 La Defense tower
French REIT/SIIC Foncière des Régions last week officially opened its 75,000 sq.m. CB 21 tower in La Défense, the first...
Dienstag 13. Juli 2010
Deutsche EuroShop boosts capital via non-cash buys
The Hamburg-based Deutsche EuroShop is to boost its share capital by around 4.0% through the issue of 1.78m new...
Dienstag 13. Juli 2010
RREEF acquires Wroclaw's Grunwaldzki for E77m
RREEF Investment, the Frankfurt-based fund unit of Deutsche Bank's alternatives investment manager, has acquired the...
Dienstag 13. Juli 2010
German banks cautious but positive on French market
German mortgage banks remain cautious but see France as a promising market, according to Eurohypo, pbb Deutsche...
Montag 12. Juli 2010
Austria's conwert ups offer price for ECO
Listed residential property group conwert, based in Vienna, has raised to E7.15 from E6.50 the per-share takeover offer...
Mittwoch 07. Juli 2010
Henderson in E300m German Special Fund targeting Austria
Henderson Global Investors, on behalf of its Hamburg-based Warburg-Henderson, has begun marketing a Special Fund...
Mittwoch 07. Juli 2010
French house prices up 8.5%yy in June - Century 21
The price of the average existing home in France has risen 8.5% over the 12 months to end-June, and now costs E2,508...
Montag 05. Juli 2010
Aberdeen eyes Asia/US; has no plans to sell Degi
Investment manager Aberdeen Asset Management, after 'changing the guard' at the head of its property division, will...
Montag 05. Juli 2010
German property NPL 'second wave' starting next year
Following a `first wave' of non-performing loans in Germany, a second is about to break as loans mature in 2011-2015...
Montag 05. Juli 2010
Italian funds eye European capital-raising, face tax tussle
Italian real estate funds are moving toward capital raising in a more open Europe-wide tradition, but they face a...
Montag 05. Juli 2010
Grosvenor buying French retail, looks for first time at Germany
UK-based property group Grosvenor, famous for its ownership of 120 hectares of London's West End, is back in...
Montag 05. Juli 2010
Austria's CA Immo wins Europolis with E272m bid
Austrian listed property group CA Immobilien has agreed to acquired the investment and asset manager Europolis for...
Montag 05. Juli 2010
Russian Stroimontage, La Défense sign on E2bn towers
Russian construction group Stroimontage has signed an agreement with La Défense management company EPAD on the delivery...
Montag 05. Juli 2010
German `cycle-resistant' assets are opportunities - Internos
Despite fear of an economic double dip, Europe continues to offer substantial opportunities for major property...
Montag 05. Juli 2010
IVG's Airrail set to open at Frankfurt Airport in October
The giant 140,000 sq.m. office and mixed use complex Airrail, being developed by German listed group IVG next to...
Montag 05. Juli 2010
Speed of real estate finance gathers pace in Europe - ING
Real estate financing across Europe is picking up on the back of a revival in investment, says Rudolf Molkenboer, CEO,...
Montag 05. Juli 2010
Obsolescence mean Green no longer extra cost but value
Sustainable and energy efficient real estate is no longer an extra cost but an extra value, says Jean Carassus,...
Montag 05. Juli 2010
Corporate Village Malta: Scale of a village, capabilities of a nation
Located at the centre of the Mediterranean between Europe and Africa, the independent archipelago of Malta, Gozo and...
Montag 05. Juli 2010
Gothaer's Morgenroth named new INREV chair
European property funds association INREV has named Michael Morgenroth as new chairman, succeeding Johan van der Ende...
Dienstag 29. Juni 2010
Former Metrovacesa investor Sacresa files for protection
Spanish real estate developer Sacresa, the holding company for the Sanahuja family which staged a board coup three...
Montag 28. Juni 2010
Austria's CA Immo pays E272m for Europolis
Ending a long sales process, Austrian listed property group CA Immobilien is to acquire the investment and asset...
Montag 28. Juni 2010
French Viveris sets E1.3bn investment plans
Marseille-based real estate manager Viveris REIM is looking to invest E400m over the remainder of the year and E900m in...
Montag 28. Juni 2010
Berlin said reversing course on fund writedowns
The German government is backing off from imposing stringent and potentially damaging new laws on open-end property...
Montag 28. Juni 2010
Russian Hermitage signs on E2bn La Défense tower
Russian-owned developer Hermitage Immobilier has signed an agreement with La Défense management company EPAD to deliver...
Montag 28. Juni 2010
Helsinki's Citycon boosted by Katzman, funding
Shares in Helsinki-based shopping centre group Citycon received a boost in mid-June when it announced that Chaim...
Montag 28. Juni 2010
Aareal starts early repayment of SoFFin stake
Wiesbaden-based property financier Aareal Bank is starting repayment of the silent participation by the German...
Montag 28. Juni 2010
Moody's affirms German Hudson Advisors rating
Hudson Advisors Germany, a non-performing loan workout unit of the Texas-based private equity group Lone Star Funds,...
Montag 28. Juni 2010
French Nexity to buy back 4.5% of shares
Listed realtor Nexity, the largest integrated real estate developer in France, is to carry out a share buyback program...
Montag 28. Juni 2010
Schomberg, Ohl found RE consulting firm
The former head of the Frankfurt-based fund manager Degi, Bärbel Schomberg, has set up, along with partner Dr. Karl...
Montag 28. Juni 2010
Bahrain's Arcapita in Romanian logistics project
Bahrain-based Arcapita's distribution facilities unit PointPark Properties is partnering local property advisory and...
Montag 28. Juni 2010
Capital Park to start E145m office in Warsaw
Warsaw-based Polish office, retail and residential developer Capital Park Group has obtained a building permit for the...
Montag 28. Juni 2010
Hungary's SCD in E200m office development
Hungarian property developer SCD Group is investing E200m in a Budapest office project to convert a 100-year-old...
Montag 28. Juni 2010
French Viveris sets E1.3bn investment program
Marseille-based real estate manager Viveris REIM is looking to invest E400m over the remainder of the year and E900m in...
Montag 28. Juni 2010
Russian Hermitage signs to build E2bn La Défense towers
Russian-owned developer Hermitage Immobilier has signed an agreement with La Défense management company EPAD on the...
Montag 28. Juni 2010
Austria's CA Immo wins Europolis with E272m bid
Austrian listed property group CA Immobilien has agreed to acquire the property investment and asset manager Europolis...
Montag 28. Juni 2010
Aareal starts early repayment of SoFFin silent stake
Wiesbaden-based property financier Aareal Bank is starting repayment of the silent participation by the German...
Dienstag 22. Juni 2010
Berlin may back off from fund writedowns after all
The German federal government may finally be backing off from imposing strict and potentially damaging new laws on the...
Montag 21. Juni 2010
AXA Real Estate mulls bid for ING REIM
AXA Real Estate, the property investment arm of France's largest insurer, is considering a bid for ING Real Estate...
Montag 21. Juni 2010
Vienna's listed conwert bids for associate ECO
Vienna's listed group conwert has launched a takeover bid for associated firm ECO at E6.50 per share, a premium of...
Montag 21. Juni 2010
German house prices up 1.4% in May
German house prices rose by 0.3% in May and were 1.4% up over the year, helped by the strongest monthly gain in...
Montag 21. Juni 2010
Spanish house price decline to continue - Fitch
Spanish house prices will likely continue to decline and remain under pressure at least until 2012, says ratings agency...
Montag 21. Juni 2010
Swiss Züblin back to profit in 2009/10
Zurich-based listed group Züblin turned in a net profit in its financial year to end-March of CHF10m, reversing a loss...
Montag 21. Juni 2010
Allianz shops for E235m French mall
The Allianz shopping spree continues - with another shopping mall. The Munich-based insurance giant has signed a deal...
Montag 21. Juni 2010
UK's Continental pays E142m for Madrid hotel
UK-based Continental Property Investment, the investment fund controlled by British investor Boutros El Khoury, has...
Montag 21. Juni 2010
German RE funds to grow to E24bn - INREV
German institutions could invest up to E8.1bn into non-listed real estate funds over the next three years and the total...
Montag 21. Juni 2010
First activity expansion in London, Paris - CBRE
Signs of a turning point in Europe's office sector were evident in first quarter, says realtor CB Richard Ellis. Its...
Montag 21. Juni 2010
Poland's Echo unveils E1.2bn 5yr investment plan
Warsaw-listed Polish property group Echo plans, by 2015, to invest over E1.2bn to construct 13 commercial centres, 16...
Montag 21. Juni 2010
UK's Resolution buys first Polish mall at 10% yield
UK-based European property investor Resolution has made its first acquisition in Poland buying retail mall Galeria...
Montag 21. Juni 2010
AXA mulls bid for ING REIM
AXA Real Estate, the property investment arm of France's largest insurer, is considering a bid for ING Real Estate...
Freitag 18. Juni 2010
European mortgage arrears stable but may worsen - Fitch
Arrears on European housing mortgages are down or stable across most jurisdictions, with the best performance in the...
Donnerstag 17. Juni 2010
German house prices rise in May; existing homes revive
German house prices rose by 0.3% during May and were 1.4% up over the year as a whole, helped by the strongest monthly...
Donnerstag 17. Juni 2010
Allianz to acquire 75% of E235m French mall
The Allianz shopping spree continues - with another shopping mall. The Munich-based insurance giant has signed a deal...
Mittwoch 16. Juni 2010
Augsburg's Patrizia buys E125m housing portfolio
Augsburg-based listed residential investor Patrizia is paying around E125m to acquire 508 apartments with floor space...
Mittwoch 16. Juni 2010
Swiss Züblin back to profit in 2009/10; France improving
Zurich-based listed group Züblin Immobilien Holding turned in a net profit in its financial year to end-March of...
Mittwoch 16. Juni 2010
RE funds need to improve governance - INREV
The real estate fund industry in Europe can and should improve corporate governance, particularly transparency,...
Mittwoch 16. Juni 2010
Proposed Karstadt sale has no rating impact - Fitch
The announced sale of Germany's struggling department store chain Karstadt has no immediate rating impact on a...
Dienstag 15. Juni 2010
German 10% RE fund discount still on table
The German government has not dropped plans to impose a 10% across-the-board valuation discount on open-end property...
Dienstag 15. Juni 2010
Corporate raider likely to extend IVG shareholding
One of Germany's better known corporate raiders, Clemens Vedder, says he still intends to expand his shareholding in...
Dienstag 15. Juni 2010
French ILAT lease index blocked again
The French constitutional council has again blocked creation of the new ILAT rental index intended to provide a less...
Dienstag 15. Juni 2010
Poland's GTC earmarks E350m for Bulgaria projects
Warsaw-listed developer Globe Trade Centre has earmarked E350m for development projects in Bulgaria where it is...
Dienstag 15. Juni 2010
Spain's Realia to cut stake in SIIC de Paris
Listed Spanish real estate group Realia Patrimonio is to reduce its stake in French REIT SIIC de Paris to enable it to...
Dienstag 15. Juni 2010
Distressed RE `thunderous cloud' still there - RICS
Real estate professionals across 19 of 25 countries in a survey by the Royal Institution of Chartered Surveyors expect...
Dienstag 15. Juni 2010
REGISTER NOW FOR PIE NORDIC PROPERTY BREAKFAST - 2 July in London
Register now for PIE's Nordic Property Breakfast on Friday 2 July in London, the latest in our expert seminar series,...
Dienstag 15. Juni 2010
TriGranit transfers Romanian mall to Immofinanz
Hungarian developer TriGranit has transferred Polus Center mall under construction in Constantia, Romania, to...
Dienstag 15. Juni 2010
Orco restructuring approval contested
Troubled Czech listed CEE developer Orco Property Group, undergoing restructuring and recently emerged from court...
Dienstag 15. Juni 2010
Mayland plans new mall in Polish Torun
CEE mall developer Mayland Real Estate is to develop a new shopping centre in Torun, north-central Poland in...
Dienstag 15. Juni 2010
Spanish house price correction to continue - Fitch
Spanish house prices will likely continue to decline over the near-term and remain under pressure at least until 2012,...
Dienstag 15. Juni 2010
Vienna's conwert makes takeover bid for associate ECO
Vienna's listed residential property group conwert Immobilien has today announced a takeover bid for associated company...
Montag 14. Juni 2010
Italy's Risanamento to keep Paris portfolio
Italy's debt-laden listed group Risanamento wants to keep its Paris property portfolio even though it will carry out an...
Montag 14. Juni 2010
NL office yields stabilise; tenant demand up - Savills
Yields in the Netherlands office market are stabilising, and the majority of cities are seeing a significant increase...
Montag 14. Juni 2010
Distressed RE `thunderous cloud' still there - RICS
Real estate professionals across 19 of 25 countries in a survey by the Royal Institution of Chartered Surveyors expect...
Montag 14. Juni 2010
Property Direct scouts Europe for housing portfolios
The Paris-based Property Direct Group, headed by British-born Danny Silver, is scouting western Europe for residential...
Montag 14. Juni 2010
German 10% open property fund discount still on table - sources
The German federal government has not dropped plans to impose a 10% across-the-board discount on open-end property fund...
Samstag 12. Juni 2010
Corporate raider Vedder likely to extend German IVG shareholding
One of Germany's best known corporate raiders Clemens Vedder says he still intends to expand his shareholding in listed...
Freitag 11. Juni 2010
German politicians said ignoring growing housing shortfall
German housing demand continues to rise while new homebuilding continues to decline, and the sector is being ignored by...
Donnerstag 10. Juni 2010
First signs of activity expansion in London, Paris - CBRE
Signs of a turning point in Europe's office sector were evident in the first quarter, says realtor CB Richard Ellis,...
Donnerstag 10. Juni 2010
German RE funds universe to grow to E24bn - INREV
German institutions could invest up to E8.1bn into non-listed real estate funds over the next three years and the total...