Latest reports – Page 3253

  • PropertyEU Archive

    Multi wins Dutch-German trade award

    2009-10-13T00:00:00Z

    Multi Germany has received the 2009 Economy Award from the German-Dutch Chamber of Commerce for its innovative approach and substantial contribution to cross-border business between the two countries.

  • PropertyEU Archive

    European fund returns reflect currency and leverage effects: IPD

    2009-10-13T00:00:00Z

    The European real estate funds held by institutional investors delivered negative euro returns for the year to June 2009 of -24.5%, as measured by the IPD European Pooled Property Fund Indices (e-PPFI).

  • PropertyEU Archive

    Filip Rerko rejoins Colliers International.

    2009-10-13T00:00:00Z

    Czech office market specialist Filip Rerko is rejoining Colliers International after a six-month break. He will be responsible for tenant representation in a newly formed department. Rerko, 25, comes from consulting company King Sturge, which he joined earlier this year on leaving Colliers International.

  • PropertyEU Archive

    DG Hyp steps up business in Nordics

    2009-10-13T00:00:00Z

    German lender Deutsche Genossenschafts-Hypothekenbank (DG Hyp) announced on Tuesday that it has provided a SEK 415 mln (EUR 40.3 mln ) facility to Aberdeen Property Investors (API). The loan will be used to finance the acquisition of two properties in Sweden by a fund managed by API. The assets are ...

  • News

    Sovereign wealth funds hit by US property tax

    2009-10-12T18:11:00Z

    GLOBAL - Sovereign wealth funds (SWFs) have been dealt “a significant blow” by changes to the US tax regime, according to Steve Renna, president of the National Association of Real Estate Investment Managers (NAREIM).

  • News

    INREV sees continued delays to fund terminations

    2009-10-12T18:09:00Z

    EUROPE – Investors in unlisted real estate vehicles are more often than not opting to delay fund terminations due in the next two to three years.

  • News

    Sacramento County votes against fund extension

    2009-10-12T18:05:00Z

    UNITED STATES – The Sacramento County Employees’ Retirement System has said it will not support proposals to extend the investment period of the Hines US Office Value Added Fund II commingled fund.

  • News

    Liability-driven investment ‘should contain property’

    2009-10-12T18:04:00Z

    UK – Liability driven investment (LDI) portfolios should include commercial real estate, according to Pramerica Real Estate Investors.

  • News

    USS disposes of industrial space

    2009-10-12T18:03:00Z

    UK – The Universities Superannuation Scheme (USS) has sold 11 industrial assets from its recently acquired Equiton portfolio to Scottish Widows Investment Partnership Property (SWIP) Trust.

  • News

    Aberdeen pension fund goes shopping in East Anglia

    2009-10-12T18:01:00Z

    UK – Aberdeen Property Investors has purchased five retail units in the UK on behalf of the Aberdeen City Council Pension Fund.

  • News

    BBC pension fund moves out of London’s Regent Street

    2009-10-12T17:44:00Z

    UK – CB Richard Ellis Investors has confirmed the sale of Mutual House, owned by the pension scheme of the British Broadcasting Corporation (BBC), for £30m (€32.1m), reflecting a yield of 5.4%.

  • News

    Tesco continues property deals with pension funds

    2009-10-12T17:40:00Z

    UK – Tesco has formed a fourth joint venture with a UK pension fund to sell and leaseback property assets, in an effort to release value from its property portfolio.

  • News

    Heitman buys into shopping venture

    2009-10-12T17:35:00Z

    UNITED STATES – Heitman, the real estate asset manager, has formed a joint venture with Macerich, the US shopping centre owner, and bought a major stake in two US regional shopping centres.

  • PropertyEU Archive

    Risanamento obtains new EUR 76m loan

    2009-10-12T00:00:00Z

    Italian debt-laden property company Risanamento announced it has obtained a new credit line of up to EUR 76 mln from a consortium of five Italian banks. The syndicate comprises lenders Intesa Sanpaolo, UniCredit, Banca Popolare di Milano, Banco Popolare and Banca Monte dei Paschi di Siena.

  • PropertyEU Archive

    Overseas buyers drive Q3 London investment higher: C&W

    2009-10-12T00:00:00Z

    Overseas investors were the dominant factor in the third quarter of this year as investment activity in London's commercial property market rose again for the second consecutive quarter, according to new figures from Cushman & Wakefield.

  • PropertyEU Archive

    IGD buys EUR 82m shopping centre in Faenza

    2009-10-12T00:00:00Z

    Bologna-based real estate investment trust IGD Siiq has acquired Le Maioliche shopping centre in the northern Italian city of Faenza. The vendor was Italian retail group Coop Adriatica.

  • PropertyEU Archive

    JC Flowers files suit against squeeze-out at HRE

    2009-10-12T00:00:00Z

    A group of investors led by US private equity firm JC Flowers has filed a suit with a court in Munich in an attempt to prevent Germany's bank rescue fund Soffin from squeezing out minority investors in Hypo Real Estate.

  • PropertyEU Archive

    Germans zero in on EUR 1bn of assets in France

    2009-10-12T00:00:00Z

    German investors are in talks to acquire up to EUR 1 bn of French property assets, according to Stephan Von Barczy, head of Capital Markets France at Jones Lang LaSalle.

  • PropertyEU Archive

    SFL secures new EUR 300m loan

    2009-10-12T00:00:00Z

    French property investment company Societe Fonciere Lyonnaise (SFL) has reached agreement with a consortium of eight banks on a new EUR 300 mln financing facility.

  • PropertyEU Archive

    UK professionals see 'significant improvement' in sentiment

    2009-10-12T00:00:00Z

    More than half of the panel of property experts taking part in Reita's quarterly Property Investment Perspective have seen a 'significant improvement' in investor sentiment towards UK property investment conditions in the past quarter.