Latest reports – Page 3079
-
PropertyEU Archive
SEB AM outlines top picks for Asia
Choy-Soon Chua, managing director at SEB Asset Management, tells PropertyEU he is on the hunt for investment opportunities in Asia.
-
PropertyEU Archive
Rockspring enters UK student housing market
Rockspring Property Investment Managers has entered the student accommodation market for the first time through the acquisition of 123 Fountainbridge, Edinburgh, in joint venture with Mansion Group. The £14.2 mln (EUR 16.2 mln) acquisition was made on behalf of the Rockspring UK Value Fund.
-
PropertyEU Archive
Invista to wind up following loss of EUR 2.7bn mandate
Invista Real Estate Investment Management announced on Tuesday that it is to sell all its assets and return the proceeds to its shareholders. The move follows the decision by Lloyd Banking Group to transfer a £2.4 bn (EUR 2.7 bn) fund management contract from Invista to Scottish Widows Investment Partnership ...
-
PropertyEU Archive
Kanam Grundinvest fund pays out EUR 1.25 dividend
German fund manager Kanam said its Grundinvest fund paid out a tax-free dividend of EUR 1.25 and posted a 1.1% increase in value over the financial year ended 30 June 2010.
-
PropertyEU Archive
Commerz Real acquires French logistics platform
Commerz Real has acquired a 62,000-m[sup]2[/sup] logistics platform in Mer near Orléans in France from Concerto Développement, a subsidiary of French listed group Affine. Colliers International advised the buyer. The transaction price amounted to EUR 33 mln, excluding transfer taxes, and is in line with the appraisal value at end-2009.
-
PropertyEU Archive
PCP sells Cologne mall for EUR 70m
British Prime Commercial Properties (PCP) has sold the City-Center Chorweiler shopping centre in Cologne for around EUR 70 mln to a property company in which the German Otto family holds shares. The shopping centre is operated by ECE, which is headed by Alexander Otto.
-
PropertyEU Archive
DTZ predicts 22% increase in capital for global RE investment
DTZ Research estimates that $281 bn (EUR 203 bn) of capital will be available to invest in global real estate in 2011, a 22% increase on DTZ's previous estimate in December 2009. However, no increase is anticipated for Europe.
-
PropertyEU Archive
C&W makes appointment to client solutions group
Cushman & Wakefield has appointed Waheed Aslam as Strategic Business Planner in its Client Solutions Group. The group, headed by Michael Creamer, provides corporate and institutional occupier clients with an integrated service that covers strategic account management, project management, facilities management, lease administration, property management and building consultancy.
-
PropertyEU Archive
Risanamento's sale of Falck area hits delay
Italian listed real estate developer Risanamento said that a planned sale of its Falck development site on the outskirts of Milan has been postponed as banks failed to back the deal in time.
-
PropertyEU Archive
Norwegian insurer takes control of EUR 430m Kista Galleria in Stockholm
Norwegian insurer Vital Forsikring has acquired the 50% stake it did not already own in Stockholm's massive Kista Galleria. The parties did not disclose the exact investment volume but it is believed that the shopping centre is valued in excess of SEK 4 bn (EUR 430 mln).
-
PropertyEU Archive
Kungsleden issues EUR 65m bond loan
Listed Swedish property company Kungsleden has issued an unsecured bond loan on the Swedish market. The loan has a value of SEK 600 mln (EUR 65 mln), carries a variable interest and is set to mature in 2015.
-
PropertyEU Archive
Pension funds invest in telecoms infra vehicle
Dutch pension giants ABP and PGGM are investing in the Rabo Bouwfonds Communication Infrastructure Fund. Fund manager Bouwfonds REIM said that the existing investors, Pensioenfonds Vervoer and DNF, have made further commitments to the vehicle.
-
News
First Property wraps up USS mandate, returns to Poland
POLAND – First Property Group has returned to its previous business model of launching successive Polish opportunity funds, having concluded its mandate with the Universities Superannuation Scheme (USS).
-
News
German institutions swapping bonds for real estate, says Greenwich Associates
GERMANY – German institutional investors, in their search for stable returns without increasing risk, are turning away from European fixed income to real estate, while faith in external managers and consultants remains low, according to a survey by Greenwich Associates.
-
News
Aberdeen, ING REIM see capital inflows for core property
EUROPE – European institutional investors have committed close to €200m of capital to a number of core real estate funds managed by Aberdeen Asset Management and ING Real Estate Investment Management, respectively.
-
News
ABP, PGGM invest Dutch telecommunications networks
NETHERLANDS – The €220bn Dutch civil service scheme ABP and PGGM, the asset manager for the €91bn healthcare scheme PFZW, have committed to large investments in telecommunications infrastructure in the Netherlands.
-
News
Global investors flocking to German real estate market
GERMANY – The German commercial real estate market has seen in influx of international investors in 2010, accounting for 40% of all transactions in the first half of the year, according to Savills.
-
News
Invesco Real Estate backs hotels with second European fund
EUROPE – Invesco Real Estate has identified a €168m seed portfolio of hotels to help raise capital for its new pan-European hotel fund.
-
News
Scottish minister calls on pension funds to invest in affordable housing
GLOBAL – Pension funds have been called upon to invest as much as £1bn (€1.1bn) into affordable housing in Scotland in an effort to meet the growing demand in the sector.
-
PropertyEU Archive
Mountgrange opp fund invests in renewable energy facility
Mountgrange Real Estate Opportunity Fund (MoREOF) has invested £16.7 mln (EUR 19 mln) to facilitate the next phase of the development of a large-scale waste-to-biomass power generation plant in the UK.
