Latest reports – Page 2464
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PropertyEU Archive
Victoria Park buys Swedish resi assets for €112m
Victoria Park has agreed the purchase of 1,337 residential units in the Swedish cities of Kristianstad and Stockholm from Fastighets Tornet for SEK 1 bn (€112 mln), or an initial yield of 5.5%.
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PropertyEU Archive
HIH acquires office project in Amsterdam's South Axis
German fund manager Hamburgische Immobilien Handlung (HIH) has acquired an office building under development in Amsterdam's Zuidas, or South Axis district.
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PropertyEU Archive
Tristan fund acquires German shopping centre
CCPIII, a fund advised by Tristan Capital Partners, has acquired a shopping centre in the German town of Witten in North Rhine-Westphalia.
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PropertyEU Archive
RBS appoints head of €45b internal bad bank
The Royal Bank of Scotland (RBS) has appointed Rory Cullinan, currently CEO of the bank's non-core division, to lead newly created bad bank the Capital Resolution Group (CRG).
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PropertyEU Archive
Edwardian Group refinances €445m of UK hotels
Privately-owned Edwardian Group London has received £375 mln (€445 mln) of new finance for its UK hotels in two separate transactions with German lender Aareal Bank and insurer Metlife.
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PropertyEU Archive
Union Investment picks up Helsinki office in sale-leaseback
Acquisitive German fund manager Union Investment has bought a newly built office property in the Finnish capital Helsinki for around €74 mln.
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PropertyEU Archive
Catella buys retail property in Stockholm
Catella Real Estate has acquired a fully let retail property in Stockholm’s Barkarby Retail Park for around SEK 170 mln (€18.8 mln), or a net initial yield of over 6.6%.
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PropertyEU Archive
SNS Reaal property arm to be hived off into ‘bad bank’
Nationalised Dutch financial services group SNS Reaal’s property financing arm is to be hived off into a bad bank as part of a split-up of its banking and insurance activities, the European Commission said on Wednesday.
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PropertyEU Archive
Dassault sells in Paris to Swiss Life for €59m
French listed property firm Immobilière Dassault has sold the building at 6 place de la République Dominicaine in the 17th district of Paris to insurer Swiss Life for €59 mln.
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PropertyEU Archive
Blackstone snaps up 6 office properties in the Netherlands
US private equity firm Blackstone has completed the acquisition of six office buildings in the Netherlands from the CBRE Dutch Office Fund. Click on the link below for more details.
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PropertyEU Archive
Ireland's Nama lodges criminal complaints against two ex-staffers
Ireland's bad bank Nama has called in the police to investigate allegations that two former employees may have leaked confidential information.
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PropertyEU Archive
Unibail-Rodamco launches new Spanish REIT
The Spanish division of Unibail-Rodamco is adopting the tax-efficient SOCIMI status, the Spanish equivalent of a real estate investment trust or REIT.
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PropertyEU Archive
Abu Dhabi SWF buys €750m Docks Lyonnais assets
Abu Dhabi Investment Authority (ADIA) is buying Les Docks Lyonnais, the owner of a €750 mln property portfolio in France, from UBS Wealth Management.
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News
US roundup: LACERA, Prologis, Teachers of Illinois, Blackstone
NORTH AMERICA – LACERA approves €100m commitment into Prologis Targeted Europe Logistics.
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News
Tuesday people roundup
GLOBAL – Pramerica Real Estate Investors, Deutsche Hypo, Orchard Street IM, Allianz Real Estate
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News
Norwegian oil fund enters US office joint venture with MetLife
GLOBAL – Partnership to acquire One Financial Center in Boston $700m deal
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News
Keva, LocalTapiola tap into Finnish power network
FINLAND – Fortum’s distribution network largest in Finland.
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PropertyEU Archive
Goodman picks up 70,000m2 of German logistics space
Goodman Group has acquired two logistics assets comprising more than 70,000 m2 of warehouse space in Germany.
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PropertyEU Archive
Islamic agency acquires Unilever's UK headquarters
An Islamic institution has acquired the UK regional headquarters of global consumer products group Unilever.
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PropertyEU Archive
Skanska invests €75 mln in Typhoon project in Malmö
Swedish development and construction firm Skanska is investing SEK 680 mln (€75 mln) in the Tyfonen (Typhoon) project in Malmö, Sweden.
