Latest reports – Page 2930
-
News
French institutional investors snap up €133m portfolio of European hotels
Investment in EMEA hotels increases by 73% in first half, Jones Lang LaSalle report shows.
-
PropertyEU Archive
Real I.S. to launch EUR 250m German fund
German fund manager Real I.S. is transferring its Hamburger Meile shopping and office complex on the Hamburger Straße to the new Bayernfonds Deutschland 23 closed-end fund which will be marketed to investors in the third quarter.
-
PropertyEU Archive
Immofinanz inks Russian refinancing deal with Rosbank
Austrian property group Immofinanz has agreed a deal to restructure debt backed by its Shushary logistics facility in St Petersburg, Russia with Rosbank, the Russian subsidiary of French financial group Société Generale. Financial details were not disclosed.
-
PropertyEU Archive
MGAM buys land plot for Essen mall development
Metro Group Asset Management (MGAM) has announced the purchase of a 6.3 hectare plot of land in Essen, Germany, for a new 24,000-m[sup]2[/sup] shopping centre. The vendor is the German industrial conglomerate ThyssenKrupp. Financial details were not disclosed and the project is conditional on approval by the supervisory board of ...
-
PropertyEU Archive
PropertyEU expands sales team
PropertyEU has expanded its sales team with the appointment of Michiel Foekens as Sales Manager effective 15 August. Foekens, 31, will join the team led by Sales Director Arno van Grondelle and Sales Coordinator Gillian Brown. Foekens was previously employed at Real Estate Publishers in The Hague, publisher of Europe ...
-
PropertyEU Archive
LaSalle sells Hyde Park Hayes offices for EUR 34m
European fund manager LaSalle Investment Management (LaSalle) has closed the sale of the Hyde Park Hayes business park for just over £30 mln (EUR 34 mln), reflecting a net initial yield of 8.2%. The buyer is the Melford Special Situations LP fund, which is managed by UK real estate investor ...
-
PropertyEU Archive
CLS unveils 18,000-m[sup]2[/sup] development plans for Vauxhall
London-listed office investor CLS Holdings said it intends to submit a planning application in the autumn for an 18,100-m[sup]2[/sup] mixed-use development, adjacent to Spring Gardens in Vauxhall, south London. The project will cost around £46 mln (EUR 52 mln) to develop.
-
PropertyEU Archive
Dev Secs links up with S Harrison in UK mall project
UK listed property investment and development company Development Securities has entered into a 50/50 partnership with local builder S Harrison Developments to develop the Friarsgate shopping centre in Lichfield.
-
PropertyEU Archive
UBS RE offloads Oslo property for EUR 108m
UBS Real Estate has announced the sale of an office building in central Oslo to Norwegian financial services group Storebrand. The sales price of NOK 845 mln (EUR 108 mln) reflects a 14% profit on the amount the asset was acquired for three years ago, UBS said in a statement.
-
PropertyEU Archive
Deka invests EUR 37m in Italian logistics centre
German fund management group Deka Immobilien has purchased a logistics property near Piacenza, northern Italy, from local logistics operator Vailog for EUR 37 mln. The asset is earmarked for the Deka Immobilien Europa open-ended fund.
-
News
Grosvenor enters deal with CPPIB, seeks other joint ventures
Teams up with Canada Pension Plan Investment Board on project to invest in London offices.
-
News
London office 'no safeguard' despite increase in cash targeting UK capital
Second-quarter investment in London office increased by 64% over previous quarter, says C&W.
-
News
Core shortage driving German property investors up risk curve
Lack of core assets in major cities coincides with 'gearing up' in office market, says Colliers.
-
News
Infrastructure India expands in ports, roads despite 'challenging' market
Company also announces acquisition of wind-energy project developer Indian Energy.
-
News
Brazilian property: A good time to sell – or buy
CalPERS claims still to be 'excited' by Brazil. But at least one economist is warning of a bubble.
-
PropertyEU Archive
HDG seeks to grow by M&A
International real estate investment manager HDG is seeking to grow its fund and asset management business through a merger or acquisition in Europe, HDG founder Harold Garrison told PropertyEU. Most of the M&A conversations over the last nine months have been with European companies, he said.
-
PropertyEU Archive
MPC invests EUR 63m in first German student housing fund
German listed fund manager MPC Capital plans to launch several closed-end vehicles for student housing by end-2013. To obtain the assets MPC has formed a joint venture with Youniq, the Frankfurt-listed student accommodation specialist. The partnership has already carried out its first transaction, with the sale of four student residential ...
-
PropertyEU Archive
Hotel investment picks up in Germany: Colliers
Investment in the German hotel market heated up in the second quarter of 2011 and generated a total volume of EUR 325 mln for the period, according to data from Colliers International. The Q2 volume was higher than the previous two quarters, according to Andreas Trumpp, head of Research at ...
-
PropertyEU Archive
AXA Real Estate bags European hotel portfolio
AXA Real Estate Investment Managers has acquired a portfolio of six hotels from Foncière des Murs (FdM) for EUR 132.9 mln in cash on behalf of a joint venture between an investment vehicle of an AXA Group insurance company, Caisse des Dépôts and Sogecap. The transaction, which was sourced off-market ...
