Latest reports – Page 3132
-
PropertyEU Archive
GE Capital to halve property portfolio
GE Capital Real Estate has unveiled plans to shrink its real estate holdings worldwide on the back of mounting losses in its commercial property portfolio.
-
PropertyEU Archive
Bank JV to invest EUR 300m in Austria's highest tower
A consortium of Bank Austria's real estate arm Bauträger Austria Immobilien and Wiener Entwicklungsgesellschaft für den Donauraum (WED) has started the development of the DC Tower in Vienna.
-
News
Czech investors and foreign institutions go separate ways
CZECH REPUBLIC – Property transaction volumes in the Czech Republic have picked up in the first quarter of 2010 relative to the same period last year, as cross border and local investors targeted different ends of the market, according to DTZ.
-
News
No risk of major crash in Chinese property market, says Henderson
GLOBAL – The Chinese real estate market may be surging, but it is at no risk of crashing and burning, according to Henderson Global Investors.
-
News
Swiss pension funds to invest in India and Japan this year
GLOBAL – AFIAA, the global property investor owned by 18 Swiss pension funds, is aiming to make real estate investments in Japan and India before the end of 2010.
-
News
Texas Municipal selects ORG Portfolio as first-ever consultant
UNITED STATES – The Texas Municipal Retirement System has chosen ORG Portfolio Management as its first-ever real estate consultant.
-
News
CalSTRS makes €81m allocation to Thomas Properties Group
UNITED STATES – The California State Teachers Retirement System (CalSTRS) has awarded a $100m (€81.3m) allocation to Thomas Properties Group.
-
PropertyEU Archive
Immac invests EUR 31m in Austrian nursing homes
Hamburg-based fund manager Immac said that it has invested around EUR 31 mln in the purchase of four properties in the Austrian federal state of Carinthia for its new nursing centre fund, Austria VIII.
-
PropertyEU Archive
Panattoni starts development of Lodz business park
Panattoni Europe said on Thursday that it has started development of its Panattoni Lódz business centre in Poland. This is Panattoni's first investment of this type, offering office space and logistics accommodation for small business units.
-
PropertyEU Archive
Immofinanz sells portfolio in Germany for EUR 100m
Vienna-listed Immofinanz has sold a German portfolio of 28 properties to Bauen und Wohnen (Buwog) for EUR 100 mln. This is the first major acquisition by Bauen und Wohnen, an Austrian firm, in the German property market.
-
PropertyEU Archive
WP Carey completes second leaseback deal with Eroski
New York-listed WP Carey & Co has acquired two warehouse logistics facilities in Elorrio and Mallorca from Spanish retail group Eroski for EUR 43 mln.
-
PropertyEU Archive
Moody's assigns Corio Baa1 rating
Moody's Investors Service has assigned Dutch REIT Corio a Baa1 long-term issuer rating with a stable outlook. Executives of the retail property specialist have had regular meetings with Moody’s in recent months as part of a ratings application process aimed at broadening its funding base.
-
PropertyEU Archive
WestLB sales process to start on 30 September
German bank stabilisation fund Soffin has said the process to sell the wholesale bank West LB must begin by 30 September. Meanwhile, WestLB is seeking to auction its real estate financing unit Westimmo.
-
PropertyEU Archive
Qatari investor acquires Land Secs development for EUR 300m
Qatar-based Barwa Real Estate is to acquire the Park House development in Mayfair, London from UK REIT Land Securities for £250 mln (EUR 299 mln) .
-
PropertyEU Archive
Allianz RE takes 75% stake in Paris mall from Hammerson
Allianz Real Estate has exchanged conditional contracts to acquire a 75% interest in Hammerson's Espace Saint Quentin shopping centre, Saint Quentin-en-Yvelines near Paris. Hammerson, a real estate investment trust in both the UK and France, said it will continue to manage the asset which will be held in a 75:25 ...
-
PropertyEU Archive
AXA eyes ING REIM in expansion drive
The real estate arm of insurance giant AXA is considering making a bid for ING Real Estate Investment Management (ING REIM). Speaking at the Reuters Global Real Estate and Infrastructure Summit in London this week, AXA chief investment officer Dennis Lopez said a bid for ING REIM was being mulled ...
-
PropertyEU Archive
John Clare appointed chairman of Capital & Regional
Capital & Regional, the UK co-investing property asset manager, has announced the appointment of John Clare as chairman with effect from 29 June 2010.
-
PropertyEU Archive
Development Secs completes acquisition of Manchester arena
London-listed Development Securities has completed the acquisition of the Manchester Evening News Arena (MENA) for £62.2 mln (EUR 75 mln), reflecting a net initial yield of 7.15%.
-
PropertyEU Archive
Plaza's US jv take 48% stake in Macquarie DDR Trust
Emerging markets property developer Plaza Centers has announced that its joint subsidiary, EPN, has completed its first investment in the US, with its $116 mln investment in Macquarie DDR Trust (MDT).
-
PropertyEU Archive
Newsec to expand in the Baltic region
Newsec, the northern Europe full-service property advisor, is expanding in the Nordics through the takeover of broker Re&Solution. On Wednesday Newsec announced it had acquired an additional 16% of the shares in the leading property consultant in the Baltic region. Newsec now owns 51% of Re&Solution. The operation will be ...
