Latest reports – Page 2537

PropertyEU Archive
DIC Asset secures 80% of 2014 debt refinancing

2013-08-09T00:00:00Z

Listed German investor DIC Asset has refinanced a €320 mln loan with two banks, thereby securing around 80% of the company’s 2014 refinancing volume.
PropertyEU Archive
Corestate gets capital injection for expansion

2013-08-09T00:00:00Z

Zurich-based investor Intershop Holding said it plans to acquire a stake in Corestate Capital as part of a €20 mln capital increase aimed at funding the Swiss company's expansion.
PropertyEU Archive
AEW Europe strengthens asset management team

2013-08-09T00:00:00Z

Pan-European real estate investment manager AEW Europe has appointed Tim Hennes as head of asset management for Germany and Central Europe.
PropertyEU Archive
GWM clinches Rome retail park deal for over €130m

2013-08-09T00:00:00Z

International financial services group GWM has acquired the Market Central Da Vinci retail park near Rome for over €130 mln.
PropertyEU Archive
TK Development sells Vilnius retail project

2013-08-09T00:00:00Z

TK Development has conditionally sold an 11,100 m2 retail park project in Vilnius, Lithuania to BPT Baltic Opportunity Fund.
PropertyEU Archive
Cordea Savills appoints Italian MD

2013-08-09T00:00:00Z

Investment manager Cordea Savills has appointed Giuseppe Oriani as managing director of its Italian subsidiary based in Milan.
PropertyEU Archive
Blackstone to refinance Hilton chain ahead of IPO

2013-08-09T00:00:00Z

US private equity firm Blackstone has hired four banks for a $13 bn (€9.7 bn) debt refinancing of its Hilton hotel chain ahead of an IPO in early 2014, according to US media reports.
PropertyEU Archive
Blackstone buys Swiss fund of funds manager

2013-08-09T00:00:00Z

US private equity firm Blackstone has acquired Strategic Partners, a Swiss fund of funds manager, from financial services group Credit Suisse.
PropertyEU Archive
Patrizia lifts mandates by €1 bn in Q2

2013-08-09T00:00:00Z

Patrizia Immobilien obtained new commercial mandates with a volume of more than €1 bn in the second quarter of 2013, the company reported last week.
PropertyEU Archive
Hermes Real Estate diversifies into mainland Europe

2013-08-09T00:00:00Z

Hermes Real Estate, one of the UK’s biggest fund managers, is inching closer to its first foray into continental Europe. Ben Sanderson, director of international investment, tells PropertyEU why the time is right for such a move. The article below is available to preimum subscribers only.
PropertyEU Archive
German investment volumes set to hit €30b: Savills

2013-08-09T00:00:00Z

Total turnover in the German commercial real estate market could reach €30 bn in 2013, outstripping the 2012 volume of around €25.3 bn, according to adviser Savills.
News
Blackstone buys Credit Suisse's fund-of-funds business

2013-08-08T16:30:00Z

GLOBAL – Private equity giant acquires $10bn Strategic Partners.
News
US roundup: Orange County Employees, New Mexico Educational Retirement Board

2013-08-08T16:00:00Z

NORTH AMERICA – KTR Capital Partners close to closing value-add industrial fund.
News
Private-equity property team leaves Cohen & Steers

2013-08-08T15:00:00Z

UNITED STATES – Firm sticks with listed after six years of limited traction for private strategy.
Analysis
Interest rates unsettle real estate investors

2013-08-08T12:00:00Z

GLOBAL – US market stalls, BoE ties policy to unemployment, REIT prospects suffer.
PropertyEU Archive
Corio posts H1 net loss on writedowns

2013-08-08T00:00:00Z

Listed retail specialist Corio posted a net loss of € 106.4 mln in the first six months of 2013 largely as a result of writedowns on shopping centres earmarked for disposal.
PropertyEU Archive
Mirland secures new loan with Sberbank

2013-08-08T00:00:00Z

Russian property developer Mirland said it has agreed a new $95 mln ( €71 mln) refinancing loan with Sberbank.
PropertyEU Archive
Dundee REIT buys office in Munich for €64.5m

2013-08-08T00:00:00Z

Dundee International REIT has acquired an office building in Munich for around CAD$86.3 mln (€64.5 mln), it emerged from the company's second-quarter results released last week.
PropertyEU Archive
CEE retail investment up 70% in H1

2013-08-08T00:00:00Z

Retail property investment in Central & Eastern Europe (CEE) reached nearly €2 bn in the first half of 2013, up around 70% year-on-year, according to the latest research from CBRE.
PropertyEU Archive
LaSalle wins €500m global mandate

2013-08-07T00:00:00Z

LaSalle Investment Management has been awarded a €500 mln global investment mandate by Germany's largest pension fund BVK.