Latest reports – Page 2702

PropertyEU Archive
Peakside secures EUR 106m refinancing for Polish arm

2012-10-01T00:00:00Z

European real estate private equity firm Peakside Capital said on Monday that its recently-acquired Polish subsidiary as secured refinancing of over EUR 106 mln from Westdeutsche ImmobilienBank (WestImmo).
PropertyEU Archive
Wereldhave sells two non-core assets in the UK and France

2012-10-01T00:00:00Z

Dutch listed commercial property group Wereldhave has announced the sale of the Foley Street office building in London, UK, and the Pole Marine shopping centre in Dunkirk, France.
PropertyEU Archive
Orchard Street snaps up Cambridge mall from British Land

2012-10-01T00:00:00Z

Orchard Street Investment Management has acquired The Beehive Centre in Cambridge from British Land for £109 mln (EUR 137 mln), reflecting a net initial yield of 5.25%.
News
CalPERS hires Canyon Capital for emerging manager programme

2012-09-28T16:45:00Z

NORTH AMERICA – Programme limited to managers with less than $1bn of assets under management.
News
Real estate industry warns against AIFMD remuneration conflicts

2012-09-28T16:30:00Z

EUROPE – INREV supports ESMA proportionality approach, but highlights potential problems.
Analysis
News analysis: Will distress depress European real estate pricing?

2012-09-28T16:15:00Z

Some say a new wave of disposals will drive down pricing. Shayla Walmsley investigates.
News
Deutsche Pfandbrief heads to Sweden, targets Nordic investors

2012-09-28T15:45:00Z

EUROPE – Scandinavian markets 'stable, mature, transparent and well known', bank says.
News
Pension funds should 'beware' calls to boost domestic investment

2012-09-28T15:30:00Z

EUROPE – Experts at AGI event say diversification best antidote to financial repression.
PropertyEU Archive
Italian investors set to beef up real estate allocations

2012-09-28T00:00:00Z

Italian institutional investors are expected to increase their allocations to real estate from 6.9% to 7.6% over the next three years, according to a survey by INREV, the association for the non-listed real estate sector. This will lift the overall value of the Italian real estate allocation from EUR 38.5 ...
PropertyEU Archive
Prelios boardroom battle erupts as rescue talks begin

2012-09-28T00:00:00Z

Prelios is mulling legal action against a board member for allegedly suggesting the loss-making listed Italian real estate company may not be in a position to continue as a going concern.
PropertyEU Archive
Savills appoints financial asset director in Madrid

2012-09-28T00:00:00Z

Property adviser Savills has appointed Nicolás Llari de Sangenis as financial asset director at its office in Madrid. He will be responsible for strengthening Savills' relationship with both domestic and international financial institutions based in Spain as well as advising investment funds on the sale of non-performing loans (NPLs) on ...
PropertyEU Archive
Stam sells office property in Lyon

2012-09-28T00:00:00Z

Real estate investment manager Stam Europe and French financial services group Caisse des Dépôts Group have sold an office property in the French city of Lyon to the SCPI PF02 vehicle operated on behalf of Perial Asset Management.
PropertyEU Archive
IPD fund indices show north-south divide

2012-09-28T00:00:00Z

IPD real estate fund indices for Europe are starting to show a pronounced north-south divide, with vehicles investing in the Nordic region turning in the strongest returns through the last four six-month periods, and those focused on Italy the weakest, with their underlying values falling significantly during the last year.
PropertyEU Archive
Saturn store and food court open at Boulevard Berlin

2012-09-28T00:00:00Z

European shopping centre developer Multi has announced the opening of a Saturn electronics good store and a food court at Boulevard Berlin.
PropertyEU Archive
Pbb provides Pramerica with office refinancing in London

2012-09-28T00:00:00Z

German lender pbb Deutsche Pfandbriefbank has provided Pramerica Real Estate Investors with a £24 mln (EUR 28.8 mln ) five-year facility, secured against 55 Old Broad Street, which it recently acquired.
PropertyEU Archive
Retailer H&M expands to Lithuania

2012-09-28T00:00:00Z

Property adviser Newsec has announced that budget clothing retailer H&M is expanding into Lithuania and will open its first store in the capital Vilnius next autumn.
PropertyEU Archive
Investors and occupiers boost focus on sustainability: C&W

2012-09-28T00:00:00Z

The importance of sustainability in commercial property has grown sharply during the last 12 months according to a survey by Cushman & Wakefield. In 2012, 96% of respondents had implemented a sustainability policy, compared to 40% in 2011. Over three quarters consider poor sustainability credentials a factor in disposal, the ...
PropertyEU Archive
Estavis acquires Berlin residential portfolio

2012-09-28T00:00:00Z

German listed real estate company Estavis is acquiring a portfolio of 3,100 residential units in the Hohenschönhausen district of Berlin. The purchase price of EUR 110 mln is roughly 12 times current rental income.
PropertyEU Archive
Occupier caution blunts upturn in mall development: C&W

2012-09-28T00:00:00Z

Market jitters among retailers and developers threaten to hinder an anticipated upturn in shopping centre development, Cushman & Wakefield has warned.
News
Interest in joint ventures, RE debt funds on the rise

2012-09-27T15:30:00Z

GLOBAL – A third of investors opt for joint ventures, according to Preqin.