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Posts from CIJ Europe.com for 03/01/2018

Daily Commercial Real Estate News from Europe and USA
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In this edition: 03/01/2018

CEDER Real Estate Conference Romania, 17th of May – First Confirmed speakers

Mar 01, 2018 10:50 am
CEDER has set itself as the most important real estate conference in Romania. With hundreds of key property professionals gathering at this single venue, CEDER has a very strong networking opportunity for both locally and internationally companies. CEDER will take place this year on 17th of May, at Radisson Blu Hotel, in Bucharest. Now in its 11th year, CEDER has become...
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Sky Office Center to extend BREEAM In-Use Certification

Mar 01, 2018 10:38 am
Sky Office Center’s BREEAM In-Use International certificate was extended in the asset performance and building management categories with an Excellent rating. The class A office building, located on Gintrowskiego in Warsaw, offers 4,800 sqm of space as well as an underground car park with 55 spots. The property, completed in September 2013, is currently fully leased. Sky...
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Barings Real Estate appoints Daniel Köhler

Mar 01, 2018 10:32 am
Barings Real Estate has appointed Daniel Köhler director of debt capital markets and structured real estate investments in Europe. Köhler will be responsible for executing financing solutions for Barings’ European portfolio of equity investment properties and levered-loan strategies. He will operate across Europe and will be based in Munich. Köhler, who will report to...
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Frank Noé named partner at BrickVest Germany

Mar 01, 2018 10:27 am
Frank Noé was named partner of the European investment platform BrickVest’s German division. He will oversee business strategy and product development for Germany. Noé is an expert in crowdinvesting as well as developing innovative solutions for financing real estate projects. Prior joining BrickVest, Noé was CIO and COO at Zinsbaustein and director European assets at...
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ČSA boosts connections between Prague and Ostrava

Mar 01, 2018 05:31 am
Until now, there have been just two flights a day between the town of Ostrava and Prague, but this is set to change. As of May, ČSA will not only be doubling the number of flights on certain days of the week, but it will offer some tickets at half the price. Return tickets will be available for just CZK 1,490. Four flights will be made on Mondays and Friday, while three...
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Česká spořitelna profits fall to CZK 14.6bn

Mar 01, 2018 05:22 am
Česká spořitelna's net profit fell 5.5 percent last year to CZK 14.6bn, but it claims that without the sale of Visa Europe in 2016, its profits would have risen by 2.1 percent. But the country's biggest bank also saw a 5.4 percent decline in operational profits to CZK 19bn thanks to lower earnings in charges and commissions as well as earning from the leasing of...
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CEFC mortgages Slavia stadium to finance new projects

Mar 01, 2018 05:18 am
The Chinese financial group CEFC has mortgaged several of its properties, including the Slavia football stadium, the former Živnobanka building and the Le Palais Art Hotel Prague. Czech Radio reports that the group made the move in order as part of what's described as an "enormous" transaction worth an alleged CZK 10bn. It's unclear what CEFC needs the...
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Campari America moves HQ from San Francisco to NYC

Feb 28, 2018 03:26 pm
Campari America, the stateside arm of Italy’s Campari Group, has signed a 65,000 square foot lease at the Grace Building on Bryant Park. The alcohol beverages producer inked a 10 year lease with the building's owners, Brookfield Property Partners and the Swig Company. The company’s lease covers the full 18th and 19th floors in the 48-story building, which is located at...
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Blue Mountain Capital acquires Queens site for resi development

Feb 28, 2018 03:23 pm
Blue Mountain Capital has picked up a residential development site near the Astoria Waterfront for $8.2 million. Located at on 31st Drive in Astoria, Queens, the property is zoned as R7A/R5B, which allows for a maximum 33,982 buildable square feet for residential development. The lot totals approximately 9,850 sqf and features an estimated 98 feet of frontage on 31st Drive....
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Terreno Ralty sells off $20m Maryland industrial asset

Feb 28, 2018 03:19 pm
San Francisco-based Terreno Realty Corporation has closed on the $20.3 million disposition of an industrial property located in Capitol Heights, Maryland. Located on a 7.7 acre site at 1000 Hampton Park Boulevard, the 139,000 square foot building was 44 percent leased to one tenant at the time of the sale. Terreno Realty bought the asset in May of 2014 for $18.1 million and...
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Jack Hoskins joins Newmark Knight Frank office in Tampa

Feb 28, 2018 03:17 pm
Newmark Knight Frank has hired Jack Hoskins as senior managing director for the firm's Tampa office. A 20-year corporate real estate veteran, Hoskins’ focus includes tenant representation in the office, law firm, regional headquarter and shared service center sectors. Prior to joining NKF, Hoskins served as senior vice president with CBRE for the last 16 years....
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Ostrava at MIPIM 2018: attractive areas in the historical centre of the city

Feb 28, 2018 12:41 pm
Ostrava is to offer investors at the upcoming MIPIM property market (Cannes, France) the locations next to the Masaryk Square, adjacent to the original historical core of Morava Ostrava, in addition to the areas of the District of Karolina, which is being developed in proximity to the modern shopping and office centre. Their location enables synergy between future functions...
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New Business A+ class facility in Belgrade, Serbia

Feb 28, 2018 11:52 am
Mayor of Belgrade, Siniša Mali and member of the Board of Directors, Tijana Vujović, have solemnly laid the foundation stone on the site of building a new A+ class business facility, Ušće Tower Two. This marks the beginning of another successful project of MPC Properties, whose value is estimated at around EUR65m. Located at the very heart of business events in Belgrade,...
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