Latest reports – Page 3083
-
PropertyEU Archive
ING REIM raises EUR 67m for European Property Strategy
ING Real Estate Regulated Fund Management, part of ING Real Estate Investment Management Europe, said on Tuesday it had raised EUR 67 mln for its European Property Strategy (EPS), an open-ended core fund investing in ING REIM Europe’s platform of non-listed funds.
-
PropertyEU Archive
Catella plans more special funds to meet demand
European advisory firm Catella plans to launch two to three new special funds (spezialfonds) focusing on niche segments. ‘There is significant institutional demand for this type of fund,’ Bernhard Fachtner, head of Catella’s KAG responsible for German funds, told PropertyEU at EXPO REAL.
-
PropertyEU Archive
SWIP, C&WI unveil EUR 500m pan-European retail fund
Scottish Widows Investment Partnership (SWIP) is teaming up with Cushman & Wakefield Investors to launch a new pan-European retail fund which is expected to have a spending power of EUR 500mln and will target city centre retail assets. ‘We are in the process of raising equity for a new fund ...
-
PropertyEU Archive
SEB's Knoflach: special funds are the way of the future
Mixed German open-ended funds (GOEFs) are going through the 'painful process of disappearing' while vehicles exclusively for retail investors or those just for institutional investors 'definitely have a future', according to Barbara Knoflach, CEO of SEB Asset Management..
-
PropertyEU Archive
WP Carey looks at opportunities in Spain, Italy
WP Carey, an international sale-and-leaseback specialist, expects to carry out more deals in Spain following the completion of EUR 115 mln in acquisitions from retailer Eroski earlier this year. 'Prior to those two Eroski deals we had not done anything in Spain before,' WP Carey president Cabot Lodge told ...
-
PropertyEU Archive
Opernturm deal raises eyebrows during EXPO panel
Reports that JP Morgan is closing in on the acquisition of the Operturm office tower in Frankfurt for EUR 500-600 mln raised some eyebrows during a panel discussion at EXPO REAL on Tuesday. German newspaper Handelsblatt reported that JP Morgan is the last remaining bidder for Tishman Speyer’s 168-metre tower ...
-
PropertyEU Archive
Alstria Office REIT plans EUR 220m acquisition spree
Germany’s Alstria Office REIT is planning to spend up to EUR 220 mln on the acquisition of office properties in its home market in the coming few months. In an interview with PropertyEU during the EXPO REAL fair, CEO Olivier Elamine said that the company will use the EUR 50 ...
-
PropertyEU Archive
DIC Asset embarks on mixed-use project in Frankfurt
German property company DIC Asset is taking on a new challenge: the development of a large mixed-use project encompassing eight buildings over 100,000 m[sup]2[/sup] in the heart of Frankfurt.
-
PropertyEU Archive
Orion chief: bank property sales are on the cards
The current low interest rates are enabling banks to hang onto assets for longer, but change is in the air, Van Stults, managing director of Orion Capital Managers in London, told PropertyEU. ´The attitude is changing somewhat and we feel that banks actually will sell more, particulary in 2011 and ...
-
PropertyEU Archive
CBRE sees EUR 35b European funding gap
The UK and Continental European markets are still suffering from a lack of funding for non-core assets, with a funding gap estimated to amount to EUR 35 bn this year, Natale Giostra, head of CBRE's UK & EMEA Debt Advisory team, said during EXPO REAL in Munich. ‘Bridging the funding ...
-
PropertyEU Archive
SilenceSolutions joins Bayer’s EcoCommercial Building Program initiative
Cologne-based SilenceSolutions, a specialist in acoustics for office and industrial buildings, has joined the EcoCommercial Building Program, a global network led by Bayer MaterialScience, both companies announced on Tuesday at the property trade fair EXPO REAL in Munich.
-
PropertyEU Archive
'Regulated by RICS’ designation coming to Europe
The Royal Institution of Chartered Surveyors (RICS) is introducing its quality standard for companies in Continental Europe. The ‘regulated by RICS’ designation provides a system to ensure compliance with the organisation’s requirements and deal with complaints. RICS pioneered the designation in the UK two years ago. RICS president Robert Peto ...
-
PropertyEU Archive
PGGM CIO Johan van der Ende steps down
Dutch pension fund PGGM’s Chief Investment Officer (CIO) Johan van der Ende will leave the company on 1 November 2010. PGGM cited differences in ‘mutual expectations’ within the company’s executive committee as the reason for Van der Ende’s departure.
-
PropertyEU Archive
Unibail-Rodamco CDO resigns in surprise move
Unibail-Rodamco said on Tuesday that its chief development officer Bertrand Julien-Laferrière is resigning as of 15 October. The company said it thanked Julien-Laferrière for his 'significant contribution' to the company but made no further comment about the reasons behind the resignation.
-
PropertyEU Archive
European Industrial investment rises 80% in H1 - JLL
European industrial investment activity rose by 80% in the first half of 2010 from a market bottom 12 months ago, property adviser Jones Lang LaSalle said at EXPO REAL in Munich. Despite this significant increase, volumes are still below pre-credit crisis levels with recovery in the industrial investment market still ...
-
News
Germany's IntReal makes board appointments
GERMANY – The Warburg-Henderson subsidiary IntReal KAG has named two new board members to cover the areas of risk management and client services.
-
News
L&G annuities arm gets first real estate exposure
UK – Legal & General Pensions (LGPL) is to invest in UK real estate for the first time on behalf of its £23bn (€26.6bn) annuity business.
-
News
BNP Paribas Real Estate takes over AEW Europe subsidiaries
EUROPE – BNP Paribas Real Estate Property Management has acquired the central European real estate management business of AEW Europe.
-
News
Property derivatives fund backed by major fund managers
UK – The first pure property derivatives fund, offering cheap exposure to the UK real estate market index, has been launched with backing from a number of institutional real estate fund managers.
-
News
Institutional investors back AEGON healthcare strategy
UK – AEGON Asset Management has secured two more institutional investors, through DTZ Investment Management, for its new healthcare real estate fund.
