Latest reports – Page 2848
-
PropertyEU Archive
FPF negotiates 'solution' with PHRV on takeover bid
Foncière Paris France (FPF) is negotiating a solution with PHRV regarding its hostile takeover bid and has asked shareholders not to tender their shares, the company said ahead of a shareholders meeting held in Paris on Thursday.
-
PropertyEU Archive
UK property values slow in November: CBRE
UK commercial property values stalled in November After seven months of incremental capital value increases. Last month's total returns came to 0.4%, down from the 0.6% recorded in October, according to CBRE's latest UK Monthly Index.
-
PropertyEU Archive
JV acquires seven Von Essen hotels in the UK
A joint venture of Patron Capital and Halcyon Hotels has acquired 30% of the Von Essen hotel portfolio out of administration in the UK. The financial details were not disclosed.
-
PropertyEU Archive
CEE investment volume set for record year
Commercial property investment volumes in Central and Eastern Europe (CEE) totalled EUR 8.7 bn at the end of November 2011, twice the level registered in the same period in 2010, according to the latest data from CBRE.
-
PropertyEU Archive
Kungsleden sells industrial property for EUR 40m
Listed Swedish property company Kungsleden is selling a commercial property for SEK 385 mln (EUR 40 mln) to automation technologies company ABB. The price reflects a property yield of 7.1%.
-
PropertyEU Archive
IRE ramps up cross-border client focus
Invesco Real Estate (IRE), the international property investment manager, has announced a re-organisation in its European business and new appointments in its Paris office.
-
PropertyEU Archive
ING RE sells Australian entertainment fund
ING Real Estate is selling a fund that owns entertainment and leisure venues in Australia and New Zealand. The Australian Entertainment Fund (IEF) is listed in Sydney and has total assets under management of AUD $235.6 mln (EUR 180 mln).
-
PropertyEU Archive
GE pension fund sells stake in London & Stamford
General Electric's pension fund has sold its entire stake in UK-listed REIT London & Stamford Property (LSP). General Electric Pension Trust had initially planned to sell 50 million shares, equating to 9.2% of the UK REIT's issued capital.
-
PropertyEU Archive
Slow recovery forecast for global office market: C&W
Global office real estate markets will undergo a slow recovery, with several key markets poised to see growth continue through 2012 and 2013, according to Cushman & Wakefield's Global Office forecast. While 2011 began strongly in office markets around the world, apprehension and uncertainty led to a major bump in ...
-
PropertyEU Archive
Blackstone invests EUR 586m in UK industrial sector: report
Blackstone has reportedly invested some £500 mln (EUR 587 mln) in industrial real estate assets in the UK in recent weeks.
-
PropertyEU Archive
CBRE Global Investors appoints manager in France
CBRE Global Investors has announced the appointment of John Ozinga as country manager in France, effective in early 2012.
-
PropertyEU Archive
Redevco withdraws from Asia; Gillis and Lie to leave
International real estate investor-developer Redevco has announced it is ceasing its activities in emerging markets and will temporarily withdraw from Asia to focus on its core European markets.
-
News
Prudential sells real estate broker to Brookfield Asset Management
Deal makes Brookfield world's third-largest residential franchising business.
-
News
Pension funds could set up own REITs under new UK rules
Government aiming to incentivise institutional investment in UK residential sector.
-
News
Danish pension fund PKA acquires office project in Copenhagen
PKA buys Teglholmen Company House from NCC Property Development for €26m.
-
News
Infrastructure plan will see interest from younger pension funds – Hermes
UK's plans to spur investment could serve as inroads into asset class for younger schemes.
-
News
Dozens of pension funds sue Henderson over John Laing deal
Claimants understood to include Railpen, BBC Pension Scheme, Bupa and BAE.
-
News
German accounting body attacks IASB 'fair-value' stance on real estate
Practice a contributing factor in apparently 'intentionally incorrect' values, says FREP.
-
PropertyEU Archive
Real estate funds face tough time in 2012: Preqin
With a record number of funds on the road, and a smaller proportion of investors keen to make new commitments, conditions are set to remain tough for real estate managers, Preqin said in a recent research report.
-
PropertyEU Archive
LGP acquires the Meadows mall for EUR 62m
Legal & General Property (LGP) has acquired Meadows Shopping Centre in Essex, from Lend Lease. The investment volume of £56 mln (EUR 62 mln) reflects a net initial yield of 7.75%.
