Latest reports – Page 2868
-
PropertyEU Archive
Tristan confirms VGP logistics buy in Czech Republic
European fund manager Tristan Capital Partners has confirmed the acquisition of an 80% stake in six logistics parks in the Czech Republic from developer and manager VGP for around EUR 135 mln.
-
PropertyEU Archive
Perella Weinberg sells Spanish retail park
Sociedad Industrial Cartagenera de Desarrollo (SICD), the owner of Mediterráneo retail park in Cartagena, has acquired the Mandarache retail park, also in Cartagena, from private equity group Perella Weinberg Capital Partners. Financial details were kept confidential.
-
PropertyEU Archive
ECE's Auxideico gets 2nd new management contract in Spain
Auxideico, the Spanish shopping centre manager owned by Germany's ECE, has been picked by owner Union Investment Real Estate to manage the Área Sur shopping center in Jerez de la Frontera near Cádiz in southern Spain.
-
PropertyEU Archive
VTB Capital poised to sell Moscow business centre - report
VTB Capital is reportedly selling the Lesnaya Plaza business centre in Moscow to 01 Properties owned by Russian banker Boris Mints for an undisclosed amount.
-
PropertyEU Archive
Multiple bids for EUR 450m Catalan portfolio
A EUR 450 mln portfolio being sold by the Catalan government in an effort to boost finances has drawn several bids from both local and international players, Spanish brokerage firm Aguirre Newman told PropertyEU.
-
PropertyEU Archive
Fund managers outsource more services to focus on investment
European real estate fund managers are looking to outsource more services to third parties in order to meet increased investor requirements and respond to burgeoning regulation, according to new research from financial services provider State Street Corporation.
-
PropertyEU Archive
Värde closes in on Spanish retail portfolio deal at hefty discount
Värde Partners is poised to close the purchase of a retail portfolio across Spain at a massive discount, PropertyEU has learnt.
-
PropertyEU Archive
Hatfield Philips accelerates EUR 156m loan on Berlin mall
Hatfield Philips is demanding repayment in full of the loan backed by the Quartier 206 shopping centre in Berlin after the borrower defaulted on the debt and interest payments due in October.
-
PropertyEU Archive
GSW closes purchase of EUR 330m Gagfah portfolio
GSW Immobilien, the German housing firm which went public earlier this year, has completed the purchase of 4,800 apartments for EUR 330 mln from Gagfah, the largest listed residential property owner in Germany.
-
PropertyEU Archive
On-line retail just as costly as shops: ICSC conference hears
The high costs of transport and returning products make selling on-line no cheaper than running a traditional store, delegates at ICSC's European Research Seminar in Copenhagen heard last week. Customers spend four times more in-store than online, according to research, confirming the importance of shopping centres and high streets to ...
-
PropertyEU Archive
Fornebu agrees EUR 100m sale of commercial asset near Oslo
Norwegian listed real estate company Fornebu Utviklings has announced the sale of a commercial property at Fornebu, to the west of Oslo, for NOK 780 mln (EUR 100 mln) in cash. The buyer is Aker ASA, a Norwegian holding company engaged in offshore fishing, construction and engineering.
-
PropertyEU Archive
Aareal lifts new business in Q3
Wiesbaden-based Aareal Bank reported new lending surged to EUR 3 bn in the third quarter of 2011, boosting the total of new business originated so far this year to EUR 6.2 bn. This marks an increase of more than 50% over the EUR 4.1 bn generated in the year-earlier period.
-
PropertyEU Archive
Prologis leases 285,000 m[sup]2[/sup] of European space in Q3
Industrial property specialist Prologis signed a total of 285,000 m[sup]2[/sup] of new lease agreements in its European portfolio during the third quarter of 2011. Lease renewals totalling 608,000 m[sup]2[/sup] were also signed during the same period.
-
PropertyEU Archive
Catella advises on five new bank-related mandates
Catella Group is currently advising on five bank-related mandates involving distressed assets or loans, Erik Westerlund, partner at the Stockholm-based adviser told PropertyEU. He declined to reveal the identity of the owners, but said the assets range from small to large portfolios and had a total value of EUR 500 ...
-
PropertyEU Archive
Capco obtains EUR 350m loan from BNP Paribas-led consortium
UK investor Capital & Counties Properties (Capco) was granted a new £300 mln (EUR 350 mln) debt facility to refinance its 2013 Covent Garden loan. The refinancing includes £60 mln of debt capital for acquisitions and is led by BNP Paribas and HSBC Bank along with a further consortium of ...
-
PropertyEU Archive
Global hotel chains eye Starwood Capital's hotel portfolio - report
Global private equity real estate firm Starwood Capital has reportedly received four bids for its eight-strong hotel portfolio from major hotel chains, backed by sovereign investor equity, as well as its former hotel company subsidiary.
-
PropertyEU Archive
DTZ picks Australia's UGL as preferred bidder
International property broker DTZ said on Tuesday it has selected Australian listed property services firm UGL as its preferred bidder.
-
PropertyEU Archive
Syrdall business park faces forced sale
The Syrdall business park in Munsbach, Luxembourg is facing a forced sale after its owners defaulted on the loan backing the asset due in April 2011.
-
PropertyEU Archive
BNP Paribas signs new alliance in Switzerland
BNP Paribas Real Estate is expanding its international presence with the signing of a new strategic alliance in Switzerland.
-
PropertyEU Archive
German savings bank takes control of Corpus Sireo
German savings bank Sparkasse KölnBonn is raising its interest in Cologne-based Corpus Sireo to 50%, from 25% held previously. The shares are to be acquired from company co-founder Michael Zimmer for an undisclosed price.
