Latest reports – Page 2940
-
PropertyEU Archive
ING REIM pulls out of Aussie healthcare fund
ING Real Estate Investment Management (ING REIM) is selling its 60% interest in the company that manages its ING Real Estate Healthcare Fund (IHF) to Australian real estate investment manager APN Property Group. APN will also purchase the 1.4% stake in the fund owned by other ING entities. Financial details ...
-
PropertyEU Archive
Schroder fund acquires London asset for EUR 46m
The West End of London Property Unit Trust (Welput), a closed-end fund managed by Schroder Property, has acquired the mixed-use building at 7/8 St Martins Place in London from Italian fund manager EstCapital for £41 mln (EUR 45.7 mln). The price represents a net initial yield of 5.9%. Welput was ...
-
PropertyEU Archive
Corio seals EUR 600m revolving credit facility
Listed Dutch retail property investor Corio said on Thursday it has successfully closed the syndication of a EUR 600 mln Revolving Credit Facility (RCF) that refinances the EUR 600 mln RCF agreement signed in April 2005.
-
PropertyEU Archive
M&G raises EUR 343m for European mezz fund
M&G Investment has raised EUR 343 mln for a mezzanine debt real estate fund. The European institutional investor announced this week that the final tally was achieved following three closings for the M&G Real Estate Debt Fund.
-
PropertyEU Archive
ECE launches EUR 740m shopping centre fund
German shopping centre specialist ECE has launched its first pan-European real estate fund focussing on the acquisition of existing shopping centres in Europe with value-creation potential.
-
PropertyEU Archive
MSREI's De Poulpiquet relocates to Asia
Olivier de Poulpiquet, global co-head of Morgan Stanley Real Estate Investment (MSREI), is relocating from London to Singapore this summer in response to the 'exciting opportunities' in the Asian region.
-
PropertyEU Archive
MPC fund acquires Siemens complex for EUR 31m
Fund manager MPC Capital has acquired a Siemens complex in Erlangen, Germany for EUR 30.9 mln. The complex, consisting of three office buildings, a staff restaurant and parking garage, were purchased on behalf of a new fund, MPC Germany 10.
-
PropertyEU Archive
London remains world’s second-most expensive logistics market: CBRE
London has maintained its position as the world’s second-most expensive market for distribution/logistics centres after Tokyo, according to a new report from CB Richard Ellis.
-
PropertyEU Archive
PIK reappoints Pavel Grachev as chairman
PIK Group, a London-listed Russian real estate developer, has announced the reappointment of Pavel Grachev as chairman of the board.
-
PropertyEU Archive
Redevco snaps up retail block in Spain for EUR 22m
Private Dutch real estate company Redevco has further strengthened its retail portfolio in Spain with the acquisition of a block of commercial properties in San Sebastián for EUR 22 mln.
-
PropertyEU Archive
Alstria buys VastNed office portfolio in Germany for EUR 85m
German REIT Alstria Office has signed an agreement to acquire a German office portfolio from VastNed Office/Industrial for EUR 85 mln.
-
PropertyEU Archive
Grainger secures two-year extension on resi fund
Grainger, the UK's largest quoted residential property owner, said that investors in its G:res1 Fund have voted to extend its maturity date by two years until October 2013.
-
PropertyEU Archive
Unibail-Rodamco sells Dutch urban development to JV
Unibail-Rodamco, Europe's largest listed property company, has sold a mixed-use development in the centre of the southern Dutch city of Breda to a 50-50 joint venture formed by developers MAB and Dura Vermeer. The takeover sum was not disclosed.
-
News
Norges Bank to acquire 50% stake in €1.4bn Paris portfolio
Joint venture with AXA REIM follows similar deal on Crown Estate portfolio in London.
-
PropertyEU Archive
Pension fund acquires Degi fund asset in Helsinki
Nordea Pension Foundation (KOP) has acquired an office building in the central business district of Helsinki from Aberdeen Immobilien's open-ended Degi Global Business fund for EUR 104 mln.
-
PropertyEU Archive
Grosvenor consortium completes EUR 416m Unibail deal
A consortium led by Grosvenor Fund Management (GFM) has acquired two shopping centres in France from European listed real estate giant Unibail-Rodamco.
-
PropertyEU Archive
Patrizia opens office in Stockholm
German listed residential investor Patrizia Immobilien is opening an office in Stockholm to supervise the company's operations in Scandinavia. The new office will be headed by Hendrik Österberg.
-
PropertyEU Archive
Paul Muno named MD Internos Germany
Internos Real Investors, the EUR 1.5 bn owner-managed real estate fund management business, has appointed Paul Muno as a managing director of its German operations.
-
PropertyEU Archive
Central London poised for EUR 24b resi development surge
Central London faces a surge in new prime residential development activity valued at £21 bn (EUR 24 bn) over the next nine years, according to research carried out by UK built asset consultancy EC Harris.
-
PropertyEU Archive
Norges Bank and AXA RE form EUR 1.4b office JV
Norges Bank Investment Management, which manages the Norwegian Government Pension Fund Global, and AXA Real Estate Investment Managers, acting on behalf of AXA France Insurance Companies, have formed a joint venture through which both parties will co-invest in Paris offices. AXA Real Estate will provide asset management services to the ...
