Latest reports – Page 2830
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News
German investors 'ready for Brazilian residential', says Pramerica
Pramerica to target institutional investors with Spezialfond focused on Brazil, Chile.
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News
BNP Paribas 'increasingly likely' to offload Klépierre stake
Green Street claims sale of majority stake in shopping centre investor is imminent.
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News
CalPERS cuts $250m losses on US housing JV with Newland Real Estate
Offloads share in housing developments to restructure portfolio away from residential.
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News
Residential conversions skewing London property performance – Savills
West End office would have underperformed last year 'had it not been for conversions'.
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PropertyEU Archive
Lone Star scoops EUR 1.8b Bundesbank debt portfolio
US private equity firm Lone Star has bought 50% of the EUR 1.8 bn Excalibur portfolio from Germany's central bank and is in exclusivity to buy the bulk of the remaining loans, according to a report from property wire CoStar Finance. It is unclear how much Lone Star will pay ...
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PropertyEU Archive
CatalunyaCaixa raises EUR 1.3b from housing activity
Catalan savings bank CatalunyaCaixa has sold nearly 6,500 housing units in 2011, raising a total of EUR 1.3 bn. In a statement on Friday, the lender said the volume represents an increase of 35% on the year before and includes the sale of roughly 4,700 assets and the leasing of ...
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PropertyEU Archive
Balder buys office in Malmö for EUR 45m
Swedish property firm Balder has acquired a property at Lilla Torg in central Malmö for SEK 400 mln (EUR 45 mln). The property has an area of ??approximately 11,000 m[sup]2[/sup] and is mostly leased to a hotel operating under the Marriott Renaissance brand.
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PropertyEU Archive
Credit Suisse fund shops in Munich, Rotterdam
Credit Suisse Real Estate Fund Global, a Swiss core property fund launched in November last year to invest in international property, has acquired two first-class commercial properties in Rotterdam and Munich for a total of CHF 79 mln (EUR 65 mln).
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PropertyEU Archive
Break-up looms for Eurohypo
German lender Commerzbank is gearing up to break up Eurohypo, its real estate lending arm, putting an end to months of uncertainty regarding the future of the troubled real estate lender, according to those who track the market.
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PropertyEU Archive
UK deal volume slips in 2011: CBRE
Investment in UK commercial property slipped 8% to £32.5 bn (EUR 42.1 bn) in 2011, according to new research from CBRE. This is still significantly higher than the £24.25 bn recorded in 2008 and £25.2 bn in 2009.
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PropertyEU Archive
Asian investment into London office market soars
Asian investors accounted for £1.7 bn (EUR 2.03 bn) worth of transactions in Central London’s office investment market during 2011, marking a 150% increase compared to the £668 mln recorded in 2010, according to latest figures issued from Jones Lang LaSalle.
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PropertyEU Archive
Investa buys Uferstadt business park from Doughty Hanson
Germany's Investa Immobiliengruppe has acquired the Uferstadt Fürth business and science park from UK private equity firm Doughty Hanson. The companies agreed to keep financial details confidential. Financing for the deal was provided by Eurohypo.
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PropertyEU Archive
Liebrecht&Wood, BBI tie up loan for Warsaw project
European property developer Liebrecht & Wood and Polish listed group BBI have been granted a EUR 105 mln loan to finance the construction of their joint office project in Warsaw.
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PropertyEU Archive
Cross-border investors raise market share in Europe
Commercial property investment volumes in Europe rose by a better-than-expected 17.7% in the final quarter of 2011 to EUR 36.8bn, according to Cushman & Wakefield. For the full year, investment volume totalled EUR 126.2bn, marking an increase of 7.8% on 2010. This is about 10% higher than the EUR 115 ...
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PropertyEU Archive
Accor divests Paris hotel to Bouygues for EUR 77m
French hotel group Accor has announced the sale of the Pullman Paris Rive Gauche hotel to Bouygues Immobilier for EUR 77 mln.
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PropertyEU Archive
German office take-up hits 3-year high
The five major German office markets of Berlin, Düsseldorf, Frankfurt, Hamburg and Munich ended 2011 on a three-year high in terms of take-up according to international real estate advisor Savills.
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PropertyEU Archive
Tishman Speyer snaps up London scheme for EUR 205m
US investor Tishman Speyer has acquired London's Eland House from UK REIT Land Securities for £171 mln (EUR 205 mln), reflecting a cap rate of 7.21%.
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PropertyEU Archive
Savills sees German deal volume holding firm in 2012
Transaction volumes for Germany’s commercial real estate market will exceed EUR 20 bn in 2012 with continued strong demand from both domestic and foreign investors, according to real estate adviser Savills. Last year, approximately EUR 22.6bn changed hands in the country, marking a 20% increase on 2010.
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PropertyEU Archive
Redevco pre-lets most of Alexanderplatz project
Retail property specialist Redevco has pre-let 70% of the retail and leisure space in its ALEA 101 development on Berlin’s Alexanderplatz.
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PropertyEU Archive
Vastned places EUR 50m bond with US investor
Amsterdam-listed retail property investor Vastned has issued a second long-term unsecured bond for a total amount of EUR 50 mln. The bond was placed with Pricoa Capital Group, a US institutional investor and issued in two equal tranches of EUR 25 mln, with maturities of seven and eight years. ...
