Latest reports – Page 1193
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News
Ontario Teachers and UTA acquire TIF’s Sydney desalination plant stake
Ontario Teachers’, UTA and TIF acquired SDP in 2012 through a 50-year lease from the NSW Government
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PropertyEU ArchiveIrish hotel group expects Q1 revenue to drop by 16% on coronavirus
Irish hotel operator Dalata said on Wednesday that it expects first-quarter revenue to be down 16% compared to the same period in 2019 after experiencing a significant reduction in bookings following the spread of Covid-19.
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PropertyEU ArchiveMoorfield and Highbridge sell Newcastle office to US fund
UK real estate private equity fund manager Moorfield and UK commercial developer Highbridge Properties have sold a fully let office building in Newcastle Upon Tyne for £25 mln (€27 mln).
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PropertyEU ArchiveJosip Kardun joins Meyer Bergman as CIO
Josip Kardun has joined private equity real estate manager Meyer Bergman after stepping down from his former post as CEO of Multi Corporation late last year.
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PropertyEU ArchiveSpain’s Merlin forgoes rents for occupiers forced to close on coronavirus
Spanish listed property firm Merlin Properties has decided to suspend rent payments for all its retail and hotel occupiers which have been forced to close their doors due to the coronavirus pandemic.
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PropertyEU ArchiveFrom the editor: Tough decisions to come on letting people go
I am hearing of a 60-strong UK-facing real estate firm taking the decision to let people go within its investment team.
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PropertyEU Archive‘Green’ leases seen to be universal by 2026, Savills IM research shows
Institutional investors expect that so-called ‘green’ lease clauses will be universally implemented in the real estate industry before the end of this decade, according to new research in Savills Investment Management's annual sustainability report for 2019.
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PropertyEU ArchiveMipim moved to September in Paris amid coronavirus uncertainty
Mipim 2020 is no longer taking place in June or in the French Riviera town of Cannes, the organisers have announced.
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PropertyEU ArchiveSantander freezes €1.5b mortgage portfolio sale on coronavirus
Spanish lender Santander has reportedly halted the disposal of a €1.5 bn mortgage loan portfolio known as Prometeo as it gauges the impact of the coronavirus pandemic on the underlying assets.
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PropertyEU ArchiveCovid-19 to hit 'all parts' of Dutch real estate - report
A new report from Dutch pensions investor Bouwinvest sheds light on the impact Covid-19 is likely to have on the investing landscape of the Netherlands.
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PropertyEU ArchiveUnite to forgo rents for students for rest of academic year
Student housing giant Unite said on Wednesday that it will not charge rent for students who do not stay in their accommodation for the remainder of the 2019-20 academic year, effectively assuming costs estimated at between £90 mln and £125 mln.
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PropertyEU ArchiveCEREIT disposes of 12 assets across Western Europe for €66m
Cromwell European Real Estate Investment Trust (CEREIT) has completed the sale of 12 industrial/logistics assets in France, Denmark and the Netherlands for €65.7 mln to funds advised by US management group Blackstone.
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News
AustralianSuper devalues A$30bn unlisted real assets portfolio by 7.5%
The $180bn industry super fund is the first industry fund to devalue unlisted assets due to COVID-19 pandemic
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News
COVID-19 drives SPH to end C$233m Canadian senior housing deal
In February SPH agreed to buy six senior housing Columbia Pacific Advisers
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NewsUK freezes eviction for commercial tenants who miss rent payments
Protection will last until 30 June, with an option for the government to extend if needed
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News
Blue Colibri Capital fund invests in Austria’s office property sector
Warburg-HIH Invest has sold an eight-storey office building at Brehmstrasse 14 in Vienna to the Blue Colibri fund
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News
Moorfield and Highbridge sell Zeta office building ahead of plan
The 125,912sqft office building in northeast England was snapped up for £25m by an unnamed buyer
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PropertyEU ArchiveRetail landlords drop dividends, warn on value uncertainty
Shopping centre giant Unibail-Rodamco-Westfield (URW) has revealed plans to halve its dividend payments for 2019 in a scenario of 'significant uncertainty about the duration and impact of the Covid-19 pandemic on the operations of the group', the firm said in a statement.
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PropertyEU ArchiveEuropean hotel sector on standby for emergency role
Europe's hotel industry could have an important role to play in the management of the Covid-19 crisis, according to a new briefing note from Marie Hickey, commercial research director at Savills.
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PropertyEU ArchiveCEE landlords and occupiers hit by depreciation woes
Countries that have not adopted the Euro, or are not pegged to it, have on average seen a 10% depreciation in currency value during the period February to March 2020, according to a new report from Colliers.
