Formation Home Staging Haut Niveau en France
06/09/2008
Matinales Christine Boutin
06/09/2008
La compraventa de vivienda cae en Navarra el 30,8% en el segundo trimestre
06/09/2008
Servcorp Paris étend son offre de service
05/09/2008
DTZ Holdings plc: Annual General Meeting and Interim Management Statement
05/09/2008
SPF Justice sets up Its electronic surveillance service in rue de Louvain
05/09/2008
CBRE|Eurisko negotiated the transaction between OTZ Logistic Group and EYEMAXX Real Estate
05/09/2008
J.P. Morgan research points to growing influence of sustainability in real estate
05/09/2008
Afirma reorganiza el equipo directivo y refuerza el área de relación con inversores
05/09/2008
L’immobilier et la construction frappés par les défaillances d’entreprises
05/09/2008
Sponda finalizes hotel property transaction
04/09/2008
Sustainable Investment Conference at EXPO REAL
04/09/2008
Ogmios Real Estate opens Forum Cinemas Babilonas in Lithuania
04/09/2008
NAI Pickard closes deal for Uniqa Real Estate for 25,000 m² retail complex in Mykolaiv
04/09/2008
HSH Nordbank finances market leader of selfstorage properties in UK about £325m
04/09/2008
MIPIM Horizons presents the first carbon-neutral city
04/09/2008
PROCIMMO : Des résultats positifs pour le 1er exercice
04/09/2008
Les reportages et interviews d'ImmoTele.net
03/09/2008
Votanikos building permit
03/09/2008
Coperfil Real Estate creates CORE ENERGY, an investment society in renewable energies for its commercial real estate projects
03/09/2008
Cabinet du logement et de la ville : Les matinales du Ministre
02/09/2008
Burj Dubai now a record 688 meters tall and continues to rise
02/09/2008
Quantum erwirbt Gebäudeensemble in der Münchener Ludwigstraße
02/09/2008
UniImmo: Europa erwirbt Class-A-Bürogebäude in Mexiko City
02/09/2008
Fairtrade Foundation and Field Fisher Waterhouse take space at Ibex House
02/09/2008
Multi-Estate Industrial Portfolio Sales Totalling £110M
01/09/2008
Terreis : signature d’une promesse d’achat de bureaux pour 23,5 MEuros
01/09/2008
Akron Group and R-quadrat develop top office real estate project in Kiev
01/09/2008
CB Richard Ellis advises Irish Life in acquisition of Belgian shopping center
01/09/2008
CBRE closes sale of Airport Plaza in Brussels region
01/09/2008
Scandinavian Property Development postpones decision on construction start at Storøya
01/09/2008
Commerz Real acquires another two office projects at TownTown in Vienna
01/09/2008
CLS Holdings plc announces its 2008 interim results
01/09/2008
Emaar is first developer to set up special desk at Dubai Land Department
01/09/2008
Immobilier : Le grand écart
01/09/2008
Banimmo : résultats semestriels
31/08/2008
Global office markets still posting solid fundamentals
31/08/2008
Development Securities PLC - Interim results for the six months ending 30th june 2008
31/08/2008
Vinci : comptes semestriels 2008
31/08/2008
ING Real Estate appoints Fred Bunker to its capital advisory team as Director
31/08/2008
Hamleys, the world’s most famous toy shop, opens flagship store at The Dubai Mall
31/08/2008
REA Group new CEO: Greg Ellis of Microsoft Asia
30/08/2008
NB Real Estate awarded management contract for St Martin’s Courtyard
29/08/2008
GPT Halverton concludes letting deal in Zwolle for Dutch active fund
29/08/2008
Barwa Real Estate Company et le groupe Rosebud s'accordent sur la mise en oeuvre des projets hôteliers prévus sur le Bürgenstock ainsi qu'à Berne et à Lausanne
29/08/2008
Les dernières transactions de DTZ France
29/08/2008
conwert with strong development of operating business in first half of 2008
29/08/2008
Cls Holdinges PLC announces two new lettings at Vänerparken in Vänersborg, Sweden
29/08/2008
CLS Announces the sale of two properties in Hammersmith, London
29/08/2008
Wincor Nixdorf loue 6 158 m² de bureaux à Vélizy-Villacoublay
28/08/2008
Une enquête de l'IFOP plébiscite le réseau immobilier Solvimo
28/08/2008
Development Securities PLC completes 93,000 sq ft letting at PaddingtonCentral to Vodafone
28/08/2008
Banimmo : nouvelles acquisitions en France
28/08/2008
Banimmo : new acquisitions in France
28/08/2008
Vastned Retail strengthens position in westermarkt shopping center in Tilburg
28/08/2008
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NEWS
DTZ Holdings plc: Annual General Meeting and Interim Management Statement
Tim Melville-Ross, Chairman of DTZ, made the following statement at the Group's AGM at 11.00am today at One Curzon Street, London W1:
"The Group's results for the year to 30 April 2008 were inevitably impacted by the deterioration in global economic conditions which had – and continue to have - a...
SPF Justice sets up Its electronic surveillance service in rue de Louvain
The Belgian Ministry of Justice, the Service Public Fédéral Justice, has taken advantage of the services provided by the global property consultant Cushman & Wakefield and decided to convert the 4,000 m² of office space at Rue de Louvain 38 in Brussels to accommodate its electronic surveillance service.
...
CBRE|Eurisko negotiated the transaction between OTZ Logistic Group and EYEMAXX Real Estate
OTZ Logistics Group, a company that provides logistic integrated solutions for its partners and customers, along with modern warehousing and transport services, signed a lease contract for 5000 sqm of logistic spaces and 500 sqm of offices in LOG Center Timisoara, a project developed by EYEMAXX Real Estate and it finalized...
J.P. Morgan research points to growing influence of sustainability in real estate
At 9th annual European Public Real Estate Association (EPRA) conference, J.P. Morgan presented research entitled ‘Survival of the Fittest' highlighting how sustainability can act as a key differentiator for European listed real estate companies in their drive to enhance shareholder value. Drawing on
an innovative...
Sponda finalizes hotel property transaction
On 3 July 2008, real estate investment company Sponda announced the signing of an agreement to sell real estate company Kluuvikatu 8 to real estate equity fund managed by Exilion Capital Oy for approximately €42 million. Closing of the transaction took place yesterday.
The property, with a floor area of...
Sustainable Investment Conference at EXPO REAL
How are leading European and US real estate investors incorporating sustainability criteria into their investment strategies? Are there already robust business models out there? If so, what do they look like?
The property sector can find answers to these questions at the first Sustainable Investment...
Ogmios Real Estate opens Forum Cinemas Babilonas in Lithuania
On August 28, 2008 Ogmios Real Estate has opened the shopping and entertainment center Forum Cinemas Babilonas, operated by OI Finnkino in Lithuania. Babilonas now has three multiplex halls for more than 700 spectators with additional retail space on the first floor that is directly connected to the shopping center
...
NAI Pickard closes deal for Uniqa Real Estate for 25,000 m² retail complex in Mykolaiv
The Full Service Property Consultancy NAI Pickard represented the buyer Uniqa Real Estate AG, a part of the
Uniqa Insurance Group, on their aquisition of the City Centre Retail & Entertainment Complex in Mykolaiv.
City Centre with a total area 25,000 m² enjoys a superior location, in the...
HSH Nordbank finances market leader of selfstorage properties in UK about £325m
HSH Nordbank has arranged and underwritten a £325 million, 5-year facility for Big Yellow, the leading provider of self storage facilities in the UK. The facility will replace a similar facility provided by a syndicate of banks led by the Royal Bank of Scotland Group PLC.
The facility will be...
MIPIM Horizons presents the first carbon-neutral city
Special conference with Khaled Awad, Director of property development for “Masdar Initiative” - Abu Dhabi
MIPIM Horizons, the first international professional property market dedicated to high-growth regions, today announces that Khaled Awad, Director of Property Development at Abu Dhabi Future Energy –...
Votanikos building permit
The management of BVIC S.A. is pleased to announce that on Friday 29 August 2008 it received the building permit allowing it to complete the construction work for the shopping mall that is being developed in the area of Votanikos on land plot 45A.
Aris Vovos, CEO of BVIC said: ‘ The issuance of the...
Coperfil Real Estate creates CORE ENERGY, an investment society in renewable energies for its commercial real estate projects
The new company will initially deploy and operate solar panels in its logistic parks
Coperfil Real Estate Group, specialists in property development and investment in logistics, retail and business parks, has created CORE ENERGY (Coperfil Real Estate Energy), a new investment company in renewable energies...
Burj Dubai now a record 688 meters tall and continues to rise
Burj Dubai, the iconic tower being developed by Emaar Properties PJSC, has reached a new record height of 688 meters (2,257.2 ft). The tower became the world's tallest after surpassing North Dakota, USA's KVLY-TV mast (628.8 metres; 2,063 ft) in April 2008. Currently at over 160 storeys, the tower also has the largest number of...
Fairtrade Foundation and Field Fisher Waterhouse take space at Ibex House
LaSalle Investment Management has let 2 floors (over 36,000 sq ft) at Ibex House, 42-47 Minories, EC3.
The 1930's Art Deco building has undergone a comprehensive floor by floor refurbishment programme, with further works carried out to the entrance and common parts. The Fairtrade Foundation has taken...
The Ethical Property Compagny expands its business in Namur
The Ethical Property Company became the new owner of a 2,700m² office building at Rue Nanon 98, Namur (near the railway station). Cushman & Wakefield has been involved in this acquisition.
The Ethical Property Company is a British fund which specialises in buying properties, which it then manages and...
Multi-Estate Industrial Portfolio Sales Totalling £110M
Portfolios acquired by The Crown Estate and Protego
SEGRO plc, the leading provider of Flexible Business Space in Europe, has agreed the sale of two industrial portfolios, one to The Crown Estate for £64.4m, and the other to a client of Protego Real Estate Investors LLP for £45.8m.
...
Akron Group and R-quadrat develop top office real estate project in Kiev
Within the framework of a forward purchase, the AKRON Group has contractually agreed to a 100% purchase of the project Prospekt Peremogi 67 in the Ukranian capital Kiev, which was initiated by R-QUADRAT Immobilien GmbH. With today's signing, AKRON has directly purchased a 40% share of the project and will develop this together...
CBRE closes sale of Airport Plaza in Brussels region
According to Maxime Xantippe, Managing Partner at CB Richard Ellis, the transaction perfectly suits the investors' strategy in securing a large office portfolio of key buildings on prime locations in Brussels and its Periphery. In doing so, the new investor is prepared to handle the commercial risk in terms of
...
Scandinavian Property Development postpones decision on construction start at Storøya
Scandinavian Property Development ASA (SPDE) has, on behalf of subsidiary company Fornebu Boligspar AS, decided to delay construction start for Storøya (section 6.0) at Fornebu. SPDE will reconsider the question in the spring 2009, regarding a possible construction start in the summer 2009.
The decision...
CLS Holdings plc announces its 2008 interim results
* Adjusted Net Asset Value per share* 765.8 pence, up by 0.2 per cent from 764.2 pence at 31 December 2007 (Statutory NAV per share 623.9 pence, up 4.8 per cent from 595.1 pence at 31 December 2007).
* Adjusted net assets* compared to market capitalisation £501.3 million compared to market capitalisation...
Emaar is first developer to set up special desk at Dubai Land Department
Emaar Properties has become the first developer to open a special desk at the Dubai Land Department office in Deira to facilitate ease of transaction for Emaar's customers. Dedicated Emaar personnel will be at hand to assist customers on a variety of property related transactions from Sunday through Thursday between 8am and...
Development Securities PLC - Interim results for the six months ending 30th june 2008
Development Securities, the leading property development and investment company, today announces interim results for the six months ended 30th June 2008. Highlights:
• Net Asset decline of 6.7%, reducing to £213.6 million (31st December 2007: £228.9 million), equivalent to 526 pence per share (31st December 2007: 564...
ING Real Estate appoints Fred Bunker to its capital advisory team as Director
ING Real Estate today announced the appointment of Fred Bunker Director of its capital advisory team effective 1 September 2008. Fred (age 38) joins from ABN AMRO Bank where he led the European Real Estate sector team as Senior Vice President M&A Advisory. Earlier in his career he was an equity capital markets specialist at...
Hamleys, the world's most famous toy shop, opens flagship store at The Dubai Mall
The Dubai Mall, the flagship shopping mall development of Emaar Malls has confirmed that it will host the first-ever Hamleys store in Dubai. Hamleys at The Dubai Mall will be the Middle East flagship store for the world famous toy shop. The Dubai Mall is set to be one of the world's largest shopping, lifestyle and...
REA Group new CEO: Greg Ellis of Microsoft Asia
The Chairman of the REA Group (ASX:REA, realestate.com.au Ltd and its subsidiary companies), Richard Freudenstein, today announced the appointment of Greg Ellis as the company's new Chief Executive Officer.
Ellis is currently Marketing Director Asia Online Services for Microsoft. He will take on the new...
NB Real Estate awarded management contract for St Martin's Courtyard
NB Real Estate has been appointed by Shaftesbury PLC to manage St Martin's Courtyard, a two acre mixed use joint venture scheme between Shaftesbury PLC and The Mercers Company. NB will manage the existing properties, working closely with the occupiers whilst the redevelopment takes place. The scheme will be completed in...
GPT Halverton concludes letting deal in Zwolle for Dutch active fund
PT Halverton concluded a large letting deal for the Dutch Active Fund (DAF) at Dr. Stolteweg 68-74 in Zwolle.
Approximately 1,000 sqm and six car parking spaces have been let to the Luzac Lyceum – a secondary school providing students with customised education programmes. This leaves only 340 sqm vacant...
Barwa Real Estate Company et le groupe Rosebud s'accordent sur la mise en oeuvre des projets hôteliers prévus sur le Bürgenstock ainsi qu'à Berne et à Lausanne
"Barwa Real Estate Company", société du Qatar qui contrôle les biens hôteliers du Bürgenstock, du Schweizerhof, à Berne, ainsi que du Royal Savoy, à Lausanne, a décidé de mener à leur terme par ses propres moyens les projets de transformation et de rénovation déjà portés à la connaissance du public. C'est pourquoi la...
conwert with strong development of operating business in first half of 2008
conwert Immobilien Invest SE (Vienna Stock Exchange: CWI, Reuters: CONW.VI, Bloomberg: CWI AV) recorded strong operating performance during the first half of 2008 against the backdrop of challenging conditions on global financial markets. In addition to sustainable asset management as well as selective acquisitions and...
Development Securities PLC completes 93,000 sq ft letting at PaddingtonCentral to Vodafone
Development Securities PLC, the leading property development and investment company, announces today that the 93,000 sq. ft. letting to Vodafone at its One Kingdom Street, PaddingtonCentral development, funded by Morley Fund Management and Union Investment, has been completed.
The completion of this...
Banimmo : new acquisitions in France
Banimmo reinforces its position in the commercial area of « Cent Arpents » , a Carrefour retail Center in SARAN (Orléans) further to the acquisition of a retail unit of 600 m². This shop has already been prelet to a BIO supermarket.
Banimmo is now owning a complex of 3,000m² retail space in SARAN...
Vastned Retail strengthens position in westermarkt shopping center in Tilburg
The pan-European property investment fund VastNed Retail has strengthened its position in the Westermarkt shopping centre by swapping a number of retail properties.
In this swap, VastNed Retail has acquired the properties Westermarkt 17 and 33 as well as a
retail property at Utrechtsestraat 13...
The Armani Residences in Marassi, Egypt
Emaar Properties PJSC in partnership with Armani S.p.A have announced the highly sought-after Armani Residences in Marassi, Emaar's flagship resort development in Egypt. Personally designed by fashion icon Giorgio Armani, this will be the first villa offering under the Armani Residences collaboration.
...
Bilfinger Berger wins concession project in Canadian health-care sector
A project company owned by Bilfinger Berger and infrastructure developer John Laing has been selected to carry out a privately-financed hospital project in Canada. The company, in which both Bilfinger Berger and John Laing hold a 50% stake, will finance, design, build and then, over a period of 30 years, operate two health-care...
Hypo Real Estate Bank AG to provide €241 million for portfolio financing of Oaktree
Hypo Real Estate Bank AG, a member of the Hypo Real Estate Group, is to provide € 241 million for financing a senior tranche of the Herkules portfolio within the framework of a syndication. This real estate portfolio was acquired by Oaktree from DEKA Fonds in the summer of 2006. This participation comprises a senior tranche,...
DEGI EUROPE RETAIL purchases building in Zeil, Frankfurt's main retail street
DEGI has acquired the fully let commercial building, Zeil 127, in Frankfurt am Main for over 30 million euros. The property was sold by Nassauische Sparkasse (NASPA), which will remain in the building as a long-term tenant. DEGI was advised in this transaction by Kempers Jones Lang LaSalle Frankfurt.
...
Reliably high profitability - profit before revaluation effects up 7.2%
In the first half of 2008 Swiss Prime Site increased its rental income by 2.1% year-on-year to CHF 103.2 million and reduced the loss of earnings rate to below 5%. Net profit (before revaluation effects) grew 7.2% year-on-year to CHF 47.5 million and the value of the real estate portfolio rose by CHF 48.6 million to CHF 3.73...
IPD: Australian direct property returns start to feel the crunch
IPD announced the results of the Property Council / IPD Australian Property Index for the 12 months to end June, 2008.
The total return to Australian ungeared direct property investments was 13.5%, a significant drop from the 17.3% return achieved over the same period to June 2007. The main driving...
Atenor sells Vue Sur Hain project
ATENOR GROUP announces the disposal of the Vue Sur Hain company that is developing a 9,000-m² residential area in Braine-Le-Château (Walloon Brabant).
ATENOR GROUP has taken the opportunity to make an immediate profit as well as a significant profitability on capitalization with a view to focusing its...
SEB Asset Management acquires Cäcilium inCologne from Kölbl Kruse
SEB Asset Management is expanding the proportion of German properties in its SEB ImmoPortfolio Target Return Fund openended real estate fund. Following its recent acquisitions in Poland, the Company has now signed an agreement to purchase a construction project in Cologne: the total investment volume for the Cäcilium, which is...
Emaar Properties unveils 'smart living' with 18 Burj Dubai Boulevard residential tower
Emaar Properties will unveil one of Dubai's pioneering urban professional residential towers, designed by international architects and centrally located within Downtown Burj Dubai. A two tower complex, 18 Burj Dubai Boulevard elegantly incorporates curvilinear architecture, and is designed to maximize its spatial dimensions and...
Corio acquires shopping centre project in Tarsus (Turkey)
Corio has acquired Tarsus shopping centre, a project of 25,000 m² GLA in the city of Tarsus, province Mersin, in the Eastern Mediterranean part of Turkey. In cooperation with ACTEEUM Group (hereafter: 'ACTEEUM') a shopping centre with approximately 25,000 m² GLA, for which the commercial zoning has been obtained, will be...
Jer-Catalyst sells two buildings in the center of Brussels
Cushman & Wakefield has been involved in the acquisition of two buildings in the centre of Brussels, with JER – Catalyst, the former owners of the premises, selling the property to a private Belgian investor.
The first building with some 2,400 sqm of space behind its magnificent facade is located at Rue...
Sjælsø sells 275 apartments to Essex for DKK 900 million
Sjælsø has signed a final agreement with Essex for the sale of 275 residential units in Greater Copenhagen for DKK 900 million (approx. €110 mln.). Comprising approximately 30,000 m², the agreement covers projects in progress where Sjælsø has already sold 50-95% to individual buyers. Under the agreement, Essex acquires the...
Cofinimmo obtains environmental certification for 3 office buildings
Cofinimmo announces having obtained the ISO 14001 certification of its Environmental Management System for its buildings Souverain 36, Montoyer 40 and Woluwe 58 (administrative office of the company).
As leading company on the Belgian real estate market preoccupied by the potential impact of its...
Sparkassen Immobilien AG publishes excellent results for first half 2008
For the first half of 2008, stock exchange listed Sparkassen Immobilien AG (Bloomberg: SPI.AV, Reuters: SIAG.VI) has again posted increases in its major financial indicators. “We are very pleased with the Group's operating performance in the first six months of this year, particularly in the light of the prevailing conditions....
Rezidor announces 3 new hotels in Russia
he Rezidor Hotel Group once again increases its portfolio in Russia and announces 3 new hotels with a total of 969 rooms: The Park Inn Volgograd (173 rooms) is scheduled to open in Q2 2010, followed by the Park Inn Kaliningrad (276 rooms) in Q1 2011 and the Radisson Grand Hotel Rostov-on-Don (520 rooms) in Q3 2011.
...
Kaare Frydenberg takes over as new CEO of Scandinavian Property Development ASA
Kaare Frydenberg will with effect from 1 September 2008 replace Stein Haugbro as CEO of Scandinavian Property Development ASA.
"Stein Haugbro has been the CEO of the company from its start, and in connections with discussions about the future organization he has asked the board to be relived from his...
CB Richard Ellis: Christopher Millen appointed National Director of Capital
CB Richard Ellis announced the appointment of Christopher Millen as National Director of Capital Markets, CB Richard Ellis Poland. In his new role, Christopher will focus on the strategic growth of the Capital Markets division across the country.
Christopher was formerly with the company's Institutional...
Emaar Hospitality Group appoints Philip Grant as General Manager of Dubai Polo and Equestrian Club
Emaar Hospitality Group, the hospitality & leisure subsidiary of Emaar Properties, has appointed Philip Grant as General Manager of Dubai Polo and Equestrian Club, the premier leisure destination in Dubai dedicated to polo and equestrian activities. In his new role, Mr Grant will further strengthen the equestrian components of...
MIPIM Horizons: how to invest successfully in Latin America?
Exclusive interview:
Mr. José Peixoto Accyoli, Executive Director, ADIT (Brazil)
Four months before the first edition of MIPIM Horizons, the world's property market dedicated to fast-growing regions, the leading Brazilian property association ADIT Nordeste has confirmed its participation along...
PSP Swiss Property – Continuing strong operating earnings as a result of the measures introduced last year. Full year's forecast confirmed
For the reporting period January to June 2008, PSP Swiss Property has improved its earnings compared to last year's first six months: Net income excluding revaluations gains amounted to CHF 60.5 million (first half-year 2007: CHF 58.8 million). Corresponding earnings per share increased by 6.8% to CHF 1.42. Instrumental for...
BWG Homes delivers increased revenues and strong results
Operating revenues for the 2nd quarter 2008 amounted to NOK 937 million, up NOK 81 million (9.5 %) compared to the 2nd quarter 2007 (pro forma). EBIT for the quarter was NOK 112 million, up 9.1 %, and the EBIT margin was 12.0 %.
Despite a demanding market situation, the Group increased its operating...
Land Securities sells 50% share in Empress State, Earl's Court
Land Securities announces that it has completed the sale of its holding in Empress State, Earls Court, London, to a 50:50 Joint Venture with Liberty International PLC (Liberty).
The prominent 470,000 sq. ft (43,664 m2) building is let wholly to the Metropolitan Police at a current rent of £12.27m, with...
CBRE sells Brighton Office for Morley
CBRE has represented Morley Fund Management in the sale of their freehold interest in Mocatta House, Trafalgar Place, Brighton to Invista for £8.845 million reflecting a net initial yield of 6.75%.
The office measures 3,421 sq m (36,824 sq ft) over ground and 5 upper floors, with 63 car parking spaces...
Miguel Hernández elected as Chairman of the ULI in Madrid
Miguel Hernández, Director in DJ's Madrid office has been elected as Chairman of the Madrid branch of the Urban Land Institute (ULI). His election, which was contested with some of the leading figures in the Spanish property industry, is for a period of three years, starting in September 2008.
...
Echo Investment's Bottom Line in the 2nd Quarter of 2008
Echo Capital Group closed the 2nd quarter of 2008 with net profit exceeding PLN 31 million (15% growth as compared to the 1st quarter of 2008). Net income exceeded PLN 91 million and is equivalent to earnings of the 1st quarter of year. Accrued net profit after 2 quarters of 2008 equals PLN 54 million and the value of revenues...
RICS: Lettings market shines bright in housing gloom
The rental market boomed as housing sales in July diminished, says the RICS Lettings Survey published today. New instructions (an indicator of supply) to let increased at the fastest pace in the survey's history as many would-be-sellers found that becoming a landlord is a better option than selling in the current climate.
...
Niam acquires 41 properties from Vasakronan for €750 million
Niam will purchase a portfolio of 41 properties located throughout the 5 major cities in Sweden from AP Fastigheter for €750 million. The portfolio consists mainly of properties from AP Fastigheter's acquisition of Vasakronan.
Niam has signed an agreement to acquire a portfolio of properties from AP...
AMP NZ Office Trust (ANZO), New Zealand's largest listed investor in prime commercial office property, has posted a 27.2 percent rise in distributable profit for the full year to 30 June 2008
ANZO chief executive Robert Lang confirmed that as previously signalled, the 2008 full-year gross distribution of 8.385 cents per unit is 8.0 percent higher than in 2007 and is ANZO's highest-ever gross distribution derived from operating earnings.
Mr Lang said ANZO's gross distributions have grown at...
Brixton plc 2008 Half Year Results
Brixton continues to achieve positive rental growth against a market characterised by low and declining income growth levels.
The business model we use is unrivalled: attentive customer and asset management; a dominant position in the industrial and warehousing markets of West London at Park Royal and...
Best of et rendez-vous d'ImmoTele.net
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Colliers Albania the exclusive leasing agent for leading office project in Albania
Millennium Business Center will be eight storey Class A office building in Tirana
Colliers International Albania has announced that it will be the exclusive leasing agent for the Millennium Business Center in Tirana, the leading office project in the country.
The Millennium Business...
CBRE London Team strikes deal for ICE Futures Europe
CB Richard Ellis has closed a deal for global trading company ICE Futures Europe. CBRE acted on their behalf in acquiring the entire fifth floor of 25,226 sq ft at Milton Gate, Chiswell Street, EC2.
ICE Futures Europe is the leading fully electronic regulated futures and options exchange for global energy...
IC Increases Turnover and Operating Income, Depreciation on Real Estate Stocks Causes Mid-Year Loss
IC Immobilien Holding AG raised its turnover to 9.716 million Euros during the first semester of 2008 (compared to 9.533 million Euros for the same period last year). The decisive factor here was the continued growth in the area of property and asset management services above all. The operating profit rose from 1.482 million...
Savills enters into Joint Venture with HNA Property Group
Under the JV, the management portfolio is expected to include HNA Plaza (an 85,040 sq.m. GFA complex comprising of Marriott Hotel, office and retail, with expected completion in October 2008) and Grand China Air Building (a 42,080 sq.m. GFA office building in move-in condition).
The management portfolio...
Emaar Properties unveils eco-friendly Mushrif Heights
Emaar Properties has unveiled the eco-friendly Mushrif Heights, an integrated community focused on sustainable development features. The AED 12 billion project is the latest addition to Emaar's rich property roster in Dubai including Downtown Burj Dubai, Arabian Ranches, Emirates Living, Dubai Marina and Warsan Estate. Sale of...
Bilfinger Berger : Interim Report Q2 2008
Bilfinger Berger will once again increase earnings in full-year 2008. The reported earnings charge in Civil is countered by strong growth in the earnings contribution from the Services segment.
Very positive development of the Services business segment continues to drive the Group forward. The segment...
Asia Investments of Commerz Real Fund hausInvest global Top 1bn Euro
The acquisition of an office building in Tokyo brings the real estate investments of Commerz Real on behalf of its hausInvest global open-ended real estate fund in Asia up to a total volume of approximately one billion euros. The Asian portfolio of hausInvest global, a globally investing fund, includes office properties and...
Asteco response to media questions on Morgan Stanley's forecast for Property Values in Dubai
From our studies of the property market, our research and our continued review of property supply and demand, Asteco's comments are as follows:
We believe there are a number of factors and strong indicators in the Dubai property market that bode well for the next 18 months to 3 years during which period...
IVG sells project development Europark Fichtenhain B in Krefeld to private investor
Already prior to completion, IVG Development, IVG Immobilien AG's project developer, has placed the entirely pre-leased project development Europa Europark Fichtenhain B in Krefeld. At present a four-storey office and administration building, a two-storey connecting wing and a facility for production, service, and receiving...
Cls Holdinges PLC : sale of three properties in France
The Board of CLS is pleased to announce that its wholly owned subsidiary Citadel Holdings plc (“Citadel”) has completed the sale of three properties in France, located at 1, 15 and 21 Avenue Edouard Belin, Rueil Malmaison in a western suburb of Paris.
The corporate structures owning the properties listed...
Engel & Völkers Commercial sets sights on European cities
Engel & Völkers Commercial is continuing to realize its international expansion strategy embarked upon four years ago. The licence assignment for Portugal and the opening of a subsidiary in the Czech Republic now brings the overall number of offices both in Germany and abroad to a total of 34. “Over the
coming three...
Jones Lang LaSalle predicts Beijings future beyond the Games
The paper outlines how planners and government bodies are collaborating to achieve their objectives via incentives, land zoning, expansion of new underground lines and integration of retail into these spaces. It also highlights a clear correlation between underground expansion and residential development opportunities. Lastly,...
Deutsche EuroShop: H1 2008 with jump of revenue and earnings
Revenue during the first six months of 2008 totalled €55.2 million, representing a 21% rise year-on-year (€45.6 million). Galeria Baltycka in Gdansk and Stadt-Galerie Hameln, which opened in October 2007 and March 2008 respectively, contributed significantly to this revenue increase. Revenue from
existing properties...
NCC to build about 135 apartments in Uppsala
NCC Construction has been commissioned to build about 135 apartments at the Mjölnaren property block in Uppsala. The customer is Uppsalahem AB and the project will be implemented on a partnering basis. The order value is estimated at approximately SEK 160 million (approx. €16 mln.). The partnering process and preparations for...
TIAA-CREF Opens Office in London
TIAA-CREF Asset Management, an asset management group of TIAA-CREF, today announced the opening of a new office in London, England, TIAA-CREF's first international office. Located at 33 Cavendish Square, the office will be staffed by local investment professionals who will extend TIAA-CREF Global Real Estate's activities in...
The Dubai Mall unveils retail world's most sophisticated multimedia systems
The Dubai Mall, one of the world's largest shopping and entertainment destinations, has unveiled the retail world's most sophisticated multimedia systems ever installed in a shopping mall. Building on the premise of assuring total ‘shopper-tainment', visitors are taken on a visual journey as a combination of dynamic and static...
Catella broadens its operations and recruits new personnel
Catella Corporate Finance Sweden is broadening its operations and strengthening its organisation through a number of new recruitments in both Stockholm and Gothenburg. Catella Corporate Finance is the market leader in Sweden as regards property-related transactions and is included in Catella Financial Advisory Group.
...
Union Investment acquires retail property in Tokyo
Hamburg-based Union Investment Real Estate AG has purchased the Solado Harajuku commercial building in Tokyo's Harajuku district for its open-ended real estate fund UniImmo: Global, in a transaction worth some €91 million.
The vendor of the property, which has a rental area of 1,380 m², is a local...
Leasinvest Real Estate further expands its Luxembourg portfolio
Leasinvest Immo Lux, 96,5% subsidiary of Leasinvest Real Estate, has acquired a strategically located office project at the avenue Monterey 35 in the City of Luxembourg. By this acquisition Leasinvest Real Estate will increase its Luxembourg portfolio by almost €10 million, after completion and delivery of the project.
...
Public to be consulted on plans for £70 million development in Colmore Row Conservation Area
Henderson Global Investors' property fund management arm is to hold a two day consultation event on 21 and 22 August to gather views on a proposed £70million redevelopment scheme at 55 Temple Row, opposite St Philip's Cathedral in central Birmingham. Following feedback from the consultation process, a planning application will...
Property continues its decline, rental growth slows, IPD shows
IPD, the world-leader in commercial real estate performance analysis services, today released the results for its UK Monthly Property Index for July 2008. The Index showed all property total returns fell to -1.3% in July 2008, just slightly less than in the preceding month when all property total returns stood at -1.5%.
...
Aareal Bank Group remains on course in the 2008 financial year
Aareal Bank Group's positive development continues during the course of the 2008 financial year, despite the persistently challenging market environment. In the second quarter of 2008 the international property specialist posted operating profit of € 48 million (Q2 2007: € 53 million), after € 27 million in the first quarter of...
GPT Halverton concludes letting deal for the Dutch Active Fund in Rosmalen
GPT Halverton concluded a large letting deal for its Dutch Active Fund (DAF) at Burgemeester Burgerslaan 40 in Rosmalen, The Netherlands.
The entire office complex was let to the Dutch energy company, Essent, for a 10 year term. The Rosmalen property will become the new head office for Essent from 1st...
Northern Logistic Property ASA - Results Q2 2008
Northern Logistic Property ASA released its results for second quarter and first half year 2008.
Highlights
* Rental income NOK 91 mill (NOK 76 mill), year to date NOK 182 mill (NOK 161 mill)
* Operating income before fair value adjustments NOK 78 mill (NOK 69 mill), YTD...
DIC Asset AG with results for the first half of 2008
DIC Asset AG presented its interim report for the first half of the 2008 financial year. DIC Asset AG was once again successful in generating a stable return, in a market environment that remains challenging. Rental income was the main contributor to this result, with another strong (70 per cent) increase, to € 67.7...
One of the Great Houses of Scotland
Yester Estate, Gifford, East Lothian - superb early 18th century house of national significance in 500 acres at the foot of the Lammermuir Hills.
'It is a house that possesses an odd fascination, not easily defined, though it may be connected with its secluded, quiet site. Yester…has shunned publicity. A...
Heads of Terms signed with Logistics Buyer
XXI Century Investments Public Limited (LSE: XXIC), one of Ukraine's leading real estate investment, development and property management companies, is pleased to announce that it has signed non-binding heads of terms with a major European developer (the "Buyer") regarding the prospective sale of Company's logistics portfolio in...
RICS UK housing market survey: some realism returns to the market
The average number of transactions per surveyor fell further in July as a lack of mortgage finance continued to weigh heavily on the market. However, sales expectations have improved, driven by sellers beginning to offer more realistic asking prices says RICS' UK housing market survey.
The RICS house...
Anders Danielsson appointed new President of Skanska Sweden
Anders Danielsson appointed new President of Skanska Sweden
Anders Danielsson has been appointed new President of Skanska Sweden. He will take office immediately, thus replacing Mats Williamson who recently assumed the position of President of Skanska UK
After joining Skanska in...
Hypo Real Estate Group continues to be profitable in Q2
Hypo Real Estate Group has presented its Q2 2008 results. The highlights are:
Adjusted pre-tax profit up to €40 million compared with Q1
Core capital ratio has increased to 8.6%
CDO effects of €145 million recognized in results
High-interest and high-margin new business in...
Commerz Real steps up its real estate investments on the logistics market
For the first time ever, Commerz Real acquired a logistics property for its hausInvest europa open-ended property fund. The total investment costs equal more than €50 million. Located in Harlow, 15 km north of London's orbital, the so-called Comet project development covers a gross lettable area of about 35,300 m².
...
Emaar Misr signs MoU with The Ritz-Carlton Company LLC to manage luxury beachfront resort in Marassi
Emaar Misr for Development S.A.E, the wholly-owned country subsidiary of Emaar Properties PJSC, has signed a Memorandum of Understanding (MoU) with The Ritz-Carlton Company LLC of Chevy Chase, Md., to manage a beachfront resort in Marassi, Egypt scheduled to open in 2012. The 6 km seafront land featuring the luxury resort is...
DM Properties expands into new territory
Having established its name as a respected specialist in luxury Marbella real estate over 25 years, DM Properties is now expanding its activities to the Western Hemisphere with the launch of www.dmproperties-int.com, their brand new international property website.
What has prompted this initiative? Has DM...
The first Buddha-Bar Hotel and legendary Buddha-Bar restaurant / bar / lounge coming to Prague in December 2008
The world-famous Buddha-Bar brand, an original vision from the adventurous and inventive spirit of its founder – Raymond Visan, prepares for the launch of the first Buddha-Bar Hotel in Prague. The brand new Buddha-Bar Hotels & Resorts group strives to exceed the highest standards of a five star hotel while enhancing every...
MIPIM Horizons special keynote session with urban development expert Prof. Dr. Frauke Kraas
MIPIM Horizons announces the participation of Prof. Dr. Frauke Kraas - international expert on urban development and Director of the geography department at the University of Cologne, Germany - in a special keynote session: "Megacities and Global Change: key challenges, action models and strategic solutions" - 2 December 12:00...
The Düsseldorf office market in the first half of 2008 - Success unbroken
The Düsseldorf office market was able to continue an unbroken run of success up to the end of the first half of 2008. In these first six months around 196,000 m² of office space were let in the city, which thus sets a new half-year record. In addition around 30% (+ ca. 45,000 m²) more space found new tenants than in the same...
Emaar to host special sales event on 08/08/08
Emaar Properties is hosting an exclusive sale of eight prestigious projects from its diverse portfolio on 08/08/08 to build on the appeal of the once in a lifetime date. To be held on a first-come-first-serve basis, the sale will take place on August 8, from 8am to 12pm and 2pm to 6pm at the Royale Ballroom of The Palace, The...
GE Real Estate Promotes Mark Hutchinson to President of Newly Created GE Real Estate International Business Unit
GE Real Estate, a leading global resource for commercial real estate capital, announced today that Mark Hutchinson has been promoted to president of the newly created GE Real Estate International, covering operations in Europe and Asia.
Hutchinson has broad experience as a global business leader, most...
Bovis Lend Lease wins A$344m retail redevelopment contract
Lend Lease Corporation Limited (”Lend Lease”) today announced that its subsidiary, Bovis Lend Lease Pty Limited (“Bovis Lend Lease”), has been awarded the contract for the redevelopment and expansion of The GPT Group's (“GPT”) major regional shopping centre, Charlestown Square, near Newcastle, Australia.
...
Bouwfonds European Residential Acquires Residential Property in Berlin
Bouwfonds Asset Management and Catella Germany acquired a high yielding residential property in an affluent area of Berlin for the account of the Bouwfonds European Residential fund.
The transaction price approximates EUR 13 million. Surrounded by greeneries, the asset encompasses 235...
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