Latest reports – Page 2331
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PropertyEU Archive
St James’s buys hotel in Stratford-upon-Avon
St James’s Hotel Group, a wholly owned unit of the privately held Somerston Group, has acquired The Legacy Falcon hotel in Stratford-upon-Avon, UK from the administrators of Noblelarge Limited, Grant Thornton.
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PropertyEU Archive
DeAWM launches €700m open-ended fund
DeAWM, the asset management arm of Deutsche Bank, is launching a new open-ended real estate fund that will seek to carry out €700 mln of investments in Germany.
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PropertyEU Archive
Irish hotel deals could hit €1b in 2014: Dalata
The value of Irish hotel deals could reach €1 bn in 2014, according to hotel group Dalata which has announced plans to spend €500 mln on acquisitions over the next three years.
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PropertyEU Archive
OVG takes full control of German JV
Dutch green office developer OVG is to take full control of its joint venture in Germany as Jürgen Bischoff, co-founder of OVG Bischoff, is retiring.
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News
Rhode Island Employees’ to invest $380m in real estate
Core and non-core focus for next two years
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NewsHong Kong latest Asian market to index REITs
APREA welcomes decision for Hang Seng Index to include REITs
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News
AXA Real Estate to create €1bn data centre portfolio
Fund manager hires John Eland, CEO of Data City Exchange
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News
Meyer Bergman raises €750m for value-add retail fund
Final close for European Retail Partners II
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News
Standard Life's sale to Manulife could have RE implications
Merger of Canadian insurance businesses could affect real estate business
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News
Investors recapitalise CBRE European industrial fund
New and existing investors inject €140m via secondary market
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News
Partners Group buys investors out of Niam property portfolio
Finnish and Swedish portfolio bought for €300m, allowing Niam Fund III to wind up
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PropertyEU Archive
Blackstone, TPG funds to acquire UK resi mortgage lender
Funds managed by Blackstone Tactical Opportunities and TPG Special Situations Partners have agreed to acquire Kensington, a specialty UK residential mortgage lender, from Investec in a deal said to be valued at £180 mln (€225 mln).
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PropertyEU Archive
GledenInvest acquires Prague hotel from Raiffeisen
Russian private investment firm GledenInvest has completed the acquisition of the Augustine hotel in Prague from Austrian group Raiffeisen Evolution for an undisclosed amount.
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PropertyEU Archive
Equity-rich investors grab the action in Spain
Foreign investors wishing to buy commercial real estate in Spain need to put cash on the table given the relative dearth of debt financing, according to Aldolfo Ramirez-Escudero, president of CBRE in Spain.
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PropertyEU Archive
Prologis names country managers in Southern Europe
Industrial property giant Prologis has announced the appointments of new country managers for France and Italy.
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PropertyEU Archive
Publity buys 38,000 m2 business centre in Munich
Leipzig-based property firm Publity has bought the 38,000 m2 Wappenhalle business centre in Munich from landlord SynergyOnline for an undisclosed amount.
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PropertyEU Archive
Aviva secures €44m from UK pension fund
Aviva Investors' Lime Property Fund has received £35 mln (€44 mln) of equity from the Cumbria Local Government Pension Scheme (LGPS) in the UK.
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PropertyEU Archive
Skanska signs largest lease ever in CEE
Skanska Property Poland has announced the letting of 16,400 m2 at its flagship Dominikanski office project in the Polish city of Wroclaw in its largest lease agreement ever in Central and Eastern Europe.
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PropertyEU Archive
Citycon to buy Swedish mall project for €120m
Finnish retail specialist Citycon is to join forces with Nordic construction group NCC for the development and letting of Mölndals Galleria, a 32,000 m2 retail scheme located south of Gothenburg in Sweden.
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PropertyEU Archive
CBREGI raises €140m for restructured industrial fund
CBRE Global Investors has recapitalised its European Industrial Fund with €140 mln of new equity sourced from two existing investors and three new investors which entered the fund mainly through secondary transactions.
