Latest reports – Page 2123
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PropertyEU Archive
Demire tenders over 50% of Fair Value REIT shares
German listed office landlord Demire announced on Monday that it has tendered 50.1% of Fair Value REIT's shares, the minimum acceptance rate to make its offer unconditional.
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PropertyEU Archive
Citycon takes full control of three Norwegian malls for €31m
Listed Nordic retail specialist Citycon has agreed to acquire the 31% minority stakes in the Storbyen and Sjøsiden shopping centres in the Oslo region and the Oasen mall in Bergen, on Norway’s southwestern coast, for an equity sum of €31 mln.
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PropertyEU Archive
Marriott, Starwood merger creates world's largest hotel group
Marriott International and Starwood Hotels & Resorts announced on Monday that they have approved a definitive merger agreement under which the companies will create the world's largest hotel company.
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PropertyEU Archive
Mint Investments fund inks largest Czech single office deal of 2015
A fund managed by asset manager Mint Investments has closed the largest Czech single office investment transaction of 2015 with the acquisition of the Olbrachtova 9 building in Prague 4 for €50 mln.
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PropertyEU Archive
Deka buys The Bank building in Amsterdam for €275m
German asset manager Deka Immobilien has signed an agreement to acquire The Bank building in Amsterdam from developer Kroonenberg Group for a price of over €275 mln.
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PropertyEU Archive
Rocket Investments secures €340m loan for London tower project
Private property developer and investment manager Rocket Investments has secured a £240 mln (€340 mln) loan to finance the development of the Atlas Building mixed-use development in London.
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PropertyEU Archive
M&G hires new investment head for mainland Europe
M&G Investments' real estate arm M&G Real Estate has appointed Olivier Vellay as new head of investment for Continental Europe.
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PropertyEU Archive
PREI, Qatari bank acquire 16-property retail portfolio in Germany
Pramerica Real Estate Investors and Qatar’s investment bank QInvest have acquired a portfolio of 16 retail properties located across Germany through a newly formed joint venture.
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PropertyEU Archive
Singapore's First Sponsor leads €226m acquisition of Dutch offices
Singapore-listed First Sponsor has expanded its real estate holdings in the Netherlands by leading the €226 mln consortium acquisition of offices from Dutch insurer Delta Lloyd.
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NewsCalPERS sells $3bn fund interests to Blackstone’s Strategic Partners
Largest secondary market transaction involving 43 funds
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PropertyEU Archive
Q3 DEALS: European logistics sector on course to deliver record volume
Logicor's €500 mln acquisition of Immofinanz's logistics platform is one of the latest signs that the European logistics property sector is well on its way to smashing the €20 bn investment record for the second year in a row.
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PropertyEU Archive
Wereldhave sells last office in Paris for €50m
Dutch listed property company Wereldhave has sold its remaining office building in Paris for total net proceeds of €50 mln.
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PropertyEU Archive
TLG acquires seven offices in Germany for €85m
German listed company TLG Immobilien has acquired a portfolio of seven offices and one hotel for almost €85 mln, reflecting a yield of 6.7%.
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PropertyEU Archive
Blackstone acquires €2.8b of Calpers' non-strategic real estate
Blackstone has acquired $3 bn (€2.8 bn) of global real estate fund interests from California Public Employees’ Retirement System (Calpers) in what is described as the 'largest secondary transaction to date'.
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PropertyEU Archive
LEG steps up pace of growth; raises earnings outlook
German listed residential landlord LEG Immobilien said it is pushing ahead with its regionally focused expansion strategy and has upgraded its earnings outlook for 2016.
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PropertyEU Archive
Atrium 9-month earnings hit by continued Russian slump
CEE shopping centre developer Atrium European Real Estate reported lower earnings for the first nine months of 2015 as rental income continued to be hit by the economic downturn in Russia.
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PropertyEU Archive
SLI acquires London hotel building for sub-4% yield
Standard Life Investments (SLI) has acquired a hotel building in Shoreditch, an increasingly popular district of London, for £20.65 mln (€29 mln), reflecting a net initial yield below 4%.
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PropertyEU Archive
WP Carey acquires Dutch car showrooms for €58m
WP Carey, the New York-listed sale-and-leaseback specialist, has acquired a 10-property car dealership portfolio in the Netherlands for $63 mln (€58 mln).
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PropertyEU Archive
ANALYSIS: Beware of Pinel Law pitfalls in France, experts warn
Investors and tenants seeking to sign or renew commercial property leases in France should be wary of changes to the legislation governing lease agreements, say two experts at Paris-based law firm CMS Bureau Francis Lefebvre.
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PropertyEU Archive
Aareal provides €215m loan for pan-European hotel deal
German lender Aareal Bank has provided €215 mln in cross-border financing to three investors for the €420 mln purchase of a European hotel portfolio.
