All Property Week articles in 14 December 2007 – Page 10
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Chelsfield Partners forms French fund
Chelsfield Partners the private property group, said that it has formed a €300 million (£215 million) French commercial property fund in partnership with Bank of Scotland Corporate and Milestone Capital, the Paris-based property agency. The Times
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ProLogis refinances
Europe’s largest industrial warehouse developer, has refinanced with a €900 million unsecured credit facility syndicated to 19 banks. The Times
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Plaza Centers in Belgrade buy
Plaza Centers, the London-listed and Warsaw-listed Eastern European property developer, has bought a 30,000 sq m plot in Belgrade, Serbia, to develop into a shopping and leisure complex at an estimated cost of €105 million. The Times
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Aberdeenshire council reverses decision for Trump’s golf course
Aberdeenshire Council has reversed its decision to oppose Donald Trump’s golfing resort plans after sacking a committee chairman.
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OnlineArcandor agrees €4.5bn property sale
German retail and leisure group Arcandor has confirmed it is to sell its 49% stake in one Europe’s biggest property portfolios to Deutsche Bank’s property fund management arm RREEF, Italy’s Pirelli Real Estate and Borletti Group.
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£77m St Austell development
Bank of Scotland is to fund David McLean Developments £77m redevelopment of St Austell in Cornwall.
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First development decline in four years
Commercial development declined in November for the first time in four and a half years, and the situation could get worse, according to research from Savills.
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WSP U-turn in London's midtown
WSP Group has signed up to move to 70 Chancery Lane for its new UK headquarters.
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Walsall Gigaport plans lodged
Walsall Regeneration Company (WRC) has revealed plans for phase one of the £400m redevelopment of Walsall Gigaport, a technology quarter for the West Midlands town.
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OnlineChelsfield and Bank of Scotland in €300 French fund tie up
Sir Stuart Lipton and Elliott Bernerd’s Chelsfield Partners has joined up with Bank of Scotland Corporate for a €300m (£216m) French property fund.
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Plaza Centres buys in Serbia
Central European shopping centre developer Plaza Centres has purchased its third scheme in Serbia, near Belgrade.
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OnlineLondon still top European property market with investors
London’s property market still ranks top in popularity with investors and has strong growth prospects according to the latest Knight Frank European Investment Commentary Research Report published today.
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Doughty Hanson exits from Italian scheme
European private equity firm Doughty Hanson has sold the Maciachini Center office building in Milan to a joint venture between Luxembourg investment company Milareal Sarl and Italian developer Via Imbonati, for €380m (£273m).
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OnlineOldham Athletic gets go ahead for new stadium
A£80m stadium project for Oldham Athletic got the go-ahead last night.
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OnlineProLogis completes €900m refinancing
ProLogis European Properties, the European arm of logistics giant ProLogis, has completed a €900m refinancing.
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OnlineGovernment to review the private rented sector
Housing minister Yvette Cooper is today expected to announce a review of the private rented sector by an academic at York University.
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Plaza centres buys third retail scheme in Serbia
Plaza Centers, the listed European shopping centre investor, has bought a €105m (£75.4m) retail development project in Belgrade, Serbia.
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Goodman buys in Germany
Goodman has bought a business park developer in Germany as part of a major push into the country.
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News
Aberdeen moots commercial property fund
Aberdeen Asset Management is planning to launch a British property fund to buy into a commercial property market that it believes should bottom out from the middle of next year. The Times
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Tesco to Czech into central Europe
Tesco is believed to have taken the latest step in expanding its £13bn overseas empire by lodging a bid to buy a chain of discount stores in the Czech Republic. The Times
