Latest reports – Page 3408

  • PropertyEU Archive

    CBRE: German funds will be back

    2008-11-21T00:00:00Z

    German open-ended funds, which have been forced to halt redemptions temporarily, will start returning to the market towards the end of the second half of 2009, predicts Nick Axford, head of research at the world's biggest adviser CB Richard Ellis. 'The underlying confidence in the sector is still good,' he ...

  • PropertyEU Archive

    British Land portfolio sheds £1.4bn in value

    2008-11-21T00:00:00Z

    UK REIT British Land said it has seen the value of its portfolio plummet by 10.8%, or £1.4 bn, to £11.6 bn (EUR 13.8 bn) in the six months ending September 30, 2008.

  • PropertyEU Archive

    Electrical goods book biggest fall in turnover

    2008-11-21T00:00:00Z

    Electrical goods stores are suffering the most from the global financial crisis with average turnover down 2.5%, according to Josep Camacho, director of Eurocommercial Properties. Other sectors will also be hit, he added. 'With the recession, retailers will see negative to no turnover growth,' he said during an investment panel ...

  • PropertyEU Archive

    Hansteen spends EUR 18m in Germany, the Netherlands

    2008-11-21T00:00:00Z

    European industrial property investor Hansteen said it has purchased three properties in Germany and the Netherlands for a total EUR 18.2 mln. The deal reflects an initial yield of 8.4%. The assets generate a combined rent of EUR 1.52 mln.

  • PropertyEU Archive

    Plaza Centers may cut development pipeline by 81%

    2008-11-21T00:00:00Z

    Plaza Centers, the emerging markets shopping centre developer, said it could freeze up to 26 of its 32 projects, or over 81% of its development pipeline, in light of the ‘extraordinary market conditions.’ In a management statement for the three months ended September 30, Plaza Centers said that it has ...

  • PropertyEU Archive

    Zublin sees 10.4% drop in French portfolio

    2008-11-21T00:00:00Z

    Swiss property investor Züblin said the value of its real estate portfolio dropped CHF 100 mln (EUR 66 mln), or 5.2%, to some CHF 1.8 bn in the first six months of its fiscal year ending September 30.

  • PropertyEU Archive

    ING RE sees growth in shopping mall refurbishments

    2008-11-21T00:00:00Z

    Dutch property giant ING Real Estate said it sees shopping centre refurbishment becoming one of the major components of its retail development pipeline, adding to its current focus on major regeneration projects across Europe.

  • PropertyEU Archive

    Europe's 'Big 5' set to recoup retail market share in 2009

    2008-11-21T00:00:00Z

    The 'Big Five' countries of core Europe - France, Germany, Italy, Spain and the UK - are set to recapture their retail investment market share in 2009, according to new research released by Jones Lang LaSalle at the Mapic retail property fair on Thursday.

  • PropertyEU Archive

    Union Investment to spend EUR 270m on Hamburg revamp project

    2008-11-21T00:00:00Z

    German investor Union Investment said on Thursday that it has been granted planning permission to refurbish the landmark Unilever building at Dammtorwall 15 in central Hamburg. The company plans to add a separate new building featuring a hotel, apartments and office space alongside the office tower, which was built in ...

  • PropertyEU Archive

    Hans van der Linden named as Rabo's new property chief

    2008-11-21T00:00:00Z

    Dutch cooperative bank Rabobank Nederland plans to appoint Hans van der Linden (57) as the new board chairman of its real estate arm Rabo Real Estate (formerly Rabo Bouwfonds). Van der Linden, who previously held senior management positions within Rabobank Nederland, will take up his new post on February 1, ...

  • PropertyEU Archive

    Rockspring confirms purchase of Cadiz mall

    2008-11-21T00:00:00Z

    UK investor Rockspring confirmed on Thursday that it has acquired the Tres Caminos retail park located in Puerto Real, Cádiz. The deal, which was reported by PropertyEU at the end of October, represents an investment of over EUR 20 mln. The company was advised by Savills. The seller was not ...

  • PropertyEU Archive

    Turkey still a bright spot for retail property

    2008-11-21T00:00:00Z

    Turkey is one of the bright spots for the European retail property sector, according to Boris van Haare Heijmeijer, partner retail services at adviser Cushman & Wakefield. 'The demographic and economic growth figures are good, also in the longer term. Turkey has a young and dynamic population. And while economic ...

  • Opportunity knocked?
    Magazine

    Opportunity knocked?

    November 2008 (Magazine)

    In difficult times there is usually no shortage of predatory funds waiting to snap up a distress sell or to spot a niche opportunity. But with liquidity all but dried up, Mark Faithfull asks: is there anyone lending?

  • Baby boomer or enfant terrible?
    Magazine

    Baby boomer or enfant terrible?

    November 2008 (Magazine)

    Infrastructure is still a young asset class, but it has the potential to grow bigger than private equity or even real estate. First, though, it must attract sceptical investors Richard Lowe reports

  • Filling the void
    Magazine

    Filling the void

    November 2008 (Magazine)

    The absence of an unlisted index has been one of the biggest obstacles for institutions wishing to invest in infrastructure. But this will not be the case for very long, says Richard Lowe

  • Magazine

    On the right path?

    November 2008 (Magazine)

    A dearth of data on the risk-return profile of infrastructure is leaving investors with more questions than answers in assessing this diverse investment class, says Georg Inderst

  • Coming of age
    Magazine

    Coming of age

    November 2008 (Magazine)

    Infrastructure is considered by some as a subset of real estate, and by others as part of their private equity allocation or ‘alternatives’ bucket. Christine Senior looks at how increasingly investors treat it as a asset class in its own right

  • The ‘raspberry ripple’ effect
    Magazine

    The ‘raspberry ripple’ effect

    November 2008 (Magazine)

    There is no shortage of pension schemes looking to invest in infrastructure, so where are the funds to meet the demand? Shayla Walmsley investigates

  • Look and learn
    Magazine

    Look and learn

    November 2008 (Magazine)

    Working alongside fund managers allows pension schemes to build up in-house infrastructure expertise, APG’s Robbert Coomans tells Shayla Walmsley

  • Magazine

    Close to home

    November 2008 (Magazine)

    ‘We can’t buy an airport,’ KBC’s Edwin Meysmans tells Shayla Walmsley. It seems European infrastructure funds are the next best thing