Latest reports – Page 2632
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PropertyEU Archive
Cambridge fund buys into Tesco assets
The Cambridge University Endowment Fund has taken a 50% equity stake in a £490 mln (€570 mln) retail portfolio being sold in a sale-and-leaseback by UK supermarket giant Tesco.
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PropertyEU Archive
New Unibail-Rodamco chief is luxury retail specialist
Christophe Cuvillier, who takes over in April as CEO of listed shopping centre owner Unibail-Rodamco, has over two decades of experience in the retail and luxury brand sectors.
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PropertyEU Archive
Austria's Immofinanz withdraws offer for GBW resi package due to ' lack of time'
Austrian listed property group Immofinanz has withdrawn its non-binding offer for the 32,000 GBW apartments being sold by Bayerische Landesbank.
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PropertyEU Archive
Corio set for 'transition year' in 2013
Dutch listed retail property group Corio expects market circumstances to remain 'challenging' in 2013 after reporting a decline in retail sales last year.
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PropertyEU Archive
Topland acquires UK mall from SWIP
UK private investor Topland has bought the Saddlers shopping centre in the English industrial town of Walsall from Scottish Widows Investment Partnership.
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PropertyEU Archive
Ireland to introduce REITs
The Irish government's Finance Bill includes provisions for the creation of a national real estate investment trust (REIT) market.
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PropertyEU Archive
Moscow makes haste to cut red tape
The city of Moscow is taking a number of steps to improve its image abroad in a bid to attract more foreign investment, Andrei Sharonov, deputy mayor of Moscow, told PropertyEU.
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PropertyEU Archive
LGP buys Dolphin Centre at discount
Legal & General Property (LGP) is buying the Dolphin Centre in the UK city of Poole from Dutch firm Wereldhave for £57.7 mln (€67 mln), reflecting a net initial yield of 7.81%.
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PropertyEU Archive
Prisma Sgr appoints new managing director
Prisma Sgr, an Italian asset management group with €800 mln of assets under management, has promoted Federico Musso to the post of managing director.
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PropertyEU Archive
Blackstone spends €240m to enter Polish logistics market
LogiCor, Blackstone's newly created logistics platform, has made its first foray into Poland with the acquisition of two portfolios totalling 402,000 m2 from joint venture partners Panattoni Europe and Pramerica Real Estate Investors.
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PropertyEU Archive
Tenants overlooked in sustainability loop
End-users of commercial properties in Europe continue to be overlooked in the sustainability equation, according to a new report from Hamburg-based Union Investment Real Estate.
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PropertyEU Archive
Alpha, Tristan seal €30m logistics deal
A joint venture between Tristan Capital Partners and Alpha Industrial has acquired two existing logistics properties in Germany for over €30 mln.
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PropertyEU Archive
Corestate sells upgraded German portfolio to institutions for €250m
Swiss real estate investor Corestate has announced the sale of a German mixed-used portfolio for €250 mln to a number of unnamed German institutional buyers.
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PropertyEU Archive
LaSalle bags Irish Sainsbury’s store
LaSalle has acquired a Sainsbury’s food store in Ballymena, Ireland, for £17.85 mln (€21 mln) on behalf of the Northern Ireland Local Government Officers Superannuation Committee.
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PropertyEU Archive
RREEF Real Estate buys green office in Manchester
RREEF Real Estate, the real estate investment business of Deutsche Bank, has acquired a 'zero carbon emission’ property in Manchester for £142 mln (€164 mln) on behalf of clients.
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PropertyEU Archive
LGP gets green light for Croydon scheme
Legal & General Property has received planning permission for a residential development in the London borough of Croydon.
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PropertyEU Archive
Macquarie snaps up German loan portfolio
Macquarie Group has bought a package of 700 German residential mortgages with a face value of €90 mln from the Royal Bank of Scotland.
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News
Quantitative impact study for revised IORP Directive a 'complete failure'
EUROPE – German pension fund association VFPK says QIS contains 'grave technical mistakes'.
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News
Over-55s to transform UK retail property market, report says
EUROPE – Fewer, larger, out-of-town stores represent future of UK retail, Hammerson says.
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News
German roundup: IVG, Cordea Savills, SEB
GERMANY – IVG acquires portfolio from investment fund on behalf of German pension scheme.
