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Posts from CIJ News Europe for 11/13/2015

Daily Commercial Real Estate News
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In this edition: 11/13/2015

Aareal Bank financing European hotel portfolio

Nov 13, 2015 11:55 am
Benson Elliot Capital Management LLP, Walton Street Capital L.L.C. and Algonquin SA secured €215m in cross-border financing from Aareal Bank AG for the...
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Spanish RE investment volume to exceed €13bn in 2015

Nov 13, 2015 11:45 am
The investment volume on the Spanish property sector is expected to hit nearly €13bn by the end of this year, up 6 to 7 percent from 2014, according to the...
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Skanska launches Green 2Day in Wrocław, undergo CEE leadership reshuffle

Nov 13, 2015 11:28 am
Skanska Property Poland has launched another office project in the city of Wrocław. Called Green 2Day, the scheme will add 17,000 sqm of new space to...
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Sainsbury's profits fall by 17.9%

Nov 13, 2015 10:58 am
Sainsbury's, the third biggest supermarket chain in the UK, reported a 17.9-percent decrease in its half-year pre-tax profits. Like-for-like sales dropped...
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UK unemployment hits seven-year low

Nov 13, 2015 10:56 am
Unemployment in the UK dropped to 5.3 percent between July and September, the lowest it’s been since the second quarter of 2008, according to new figures...
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Dedeman to buy 34,000 sqm plot in Lugoj

Nov 13, 2015 10:54 am
In a €1.2m deal, Dedeman is set to acquire a 34,000 sqm plot in Lugoj from Lugomet. The DIY retailer is planning to build a new store on the plot after it...
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TRUIVA sells City Point in Prague 4

Nov 13, 2015 10:54 am
Newly rebranded TRIUVA Kapitalverwaltungsgesellschaft, formerly IVG Institutional Funds, has completed the sale of City Point, an 8,000 sqm A class office...
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Kraków approves relaunch of Skeletor offices

Nov 13, 2015 10:45 am
The city of Kraków has reached an agreement with an investor of the Treimorf office building, nicknamed “Skeletor”, to relaunch the project. The tallest...
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Lidl to invest GBP 1.5m on ‘stores of the future’

Nov 13, 2015 09:58 am
Lidl is planning to invest GBP 1.5m on the UK market over the next three years. The German discount retailer intends to open between 40 and 50 stores per year...
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The largest single office investment transaction to be closed in the Czech Republic in 2015

Nov 13, 2015 09:49 am
Colliers International provided its advisory services on the sale of the Olbrachtova 9 office building in the popular Prague 4 office district to a local...
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