Latest reports – Page 3438
-
PropertyEU Archive
Central London investment activity declines further in Q3
A total of £1.2 bn of transactions took place during the third quarter in the Central London commercial property investment markets, according to a research report issued by Cushman & Wakefield this week. The figure represents a 40% drop on the second quarter and about 20% of the total turnover ...
-
PropertyEU Archive
UBS fund shops in Oslo
UBS Global Asset Management's real estate arm said that its UBS (D) Euroinvest Immobilien fund has acquired an office building in central Oslo from listed real estate firm Norwegian Property. The transaction amount comes to NOK 738 mln (EUR 89 mln). The property, which totals over 22,000 m2, is multi-let ...
-
PropertyEU Archive
GPT Halverton buys for EUR 65m from White Estates
European real estate investment manager GPT Halverton has acquired six properties in the Netherlands for a total of EUR 65 mln. The seller is a consortium led by Dutch private investor White Estates Investments.
-
PropertyEU Archive
Savills: Higher risk premiums drive upward yield shift
Higher risk premiums have generated further upward pressure on yields, with average prime office yields having moved out by 60 basis points over the last 12 months, according to Savills' latest European office markets report. The report states that the average CBD yield is 5.5% with cities such as Amsterdam, ...
-
PropertyEU Archive
Helaba appoints head of Real Estate Finance France
German regional bank Helaba Landesbank Hessen-Thuringen has appointed Roland Fuchs to become the new Head of Real Estate Finance France. Fuchs, who has been active in pan-European real estate lending for 15 years, formerly built up the origination activities in continental Europe, including the origination office in Paris for Westdeutsche ...
-
PropertyEU Archive
Corio completes EUR 650m portfolio sale to White Estate
A consortium led by private investor White Estate Investments has finalised the acquisition from Corio of a EUR 650 mln portfolio of office and industrial assets in the Netherlands. In a statement, Corio said it received payment of EUR 622 mln at the end of September and added that it ...
-
PropertyEU Archive
UK real estate investment drops 58% in 2008
International property services firm Jones Lang LaSalle (JLL) estimates that direct real estate investment activity in the UK during the third quarter of 2008 stood at circa £5bn (EUR 6.3 bn), slightly below the £6bn recorded in the previous quarter. This translates into a year to date total of £18bn, ...
-
PropertyEU Archive
RICS members get paid more - survey
Members of the Royal Institution of Chartered Surveyors (RICS) working across all sectors of the property market in Europe continue to earn more on average than their non-chartered counterparts, according to the 2008 RICS and Macdonald & Company salary survey. The report, which polled more than 800 people, indicates that ...
-
PropertyEU Archive
Citycon opens first phase of Tallinn shopping centre
Finnish property company Citycon said on Wednesday that its Rocca al Mare shopping centre has opened the first of its new sections. The development project consists of three phases and completion is expected in December 2009. As a result of this project, Citycon now owns over a quarter of the ...
-
PropertyEU Archive
Renta Corporacion sells 12% stake in Mixta Africa
Spanish property company Renta Corporación has reached an agreement with private equity firm Kingdom Zephyr Africa Management to sell its 11.6% stake in Mixta Africa for EUR 25 mln. Following this transaction, the company holds a 3.1% stake in Mixta Africa.
-
MagazineSetting the standard
The UK unlisted funds industry is a global leader in terms of transparency, according to Rachel McIsaac, the energetic CEO of its representative body, AREF.
-
MagazineFar from the madding crowd
Banks with any real appetite for lending are few and far between and seem justified in their strict conditions and high margins. Yet while developers suffer, many pension funds could benefit. But how long will the new realism last?
-
MagazineBack to the future
As inflation creeps back into the system the need for an effective hedging strategy becomes clear. Property in general and real estate securities in particular can play a valuable role, as Robin Goodchild reports
-
Magazine
It’s big, it’s bad and it’s back
Inflation has returned; its impact on the housing market is apparent. To make matters worse, emerging markets – a major cause of inflation – are unlikely to change course.
-
MagazineDrive carefully
Gearing has done much to boost real estate fund performance during the boom years but the downturn has thrown the disadvantages of a highly levered strategy into sharp relief. Don’t abandon debt, just understand it and use it wisely, say Chris Hoorenman and Maarten van der Spek
-
PropertyEU Archive
Walter Hens resigns from Segro
UK property company Segro has announced that Walter Hens, director of Group Business Development, will be retiring at the end of the year after twenty years service. Ian Coull, Chief Executive of Segro, said: 'Walter has made an immense contribution to the development of Segro across Europe, initially as country ...
-
PropertyEU Archive
Catella RE launches 'Global Forest' fund
Catella Real Estate said on Tuesday that its capital investment company has launched the Focus Global Forests fund. Set up as an institutional real estate fund, the vehicle will invest worldwide in a portfolio of woodlands in Eastern Europe, Australia and the United States, among other places. 'The biological growth ...
-
PropertyEU Archive
Ireland sees 70% drop in 2008 investment activity - CBRE
Ireland's commercial property sector has deteriorated drastically in recent months against a backdrop of weakening economic indicators and financial market turmoil, according to a new report from CB Richard Ellis. The lack of bank funding is having a very significant impact on levels of transactional activity in the development and ...
-
PropertyEU Archive
Redema enters Poland with shopping centre project
Dutch developer Redema has entered the Polish retail market by acquiring a plot of land in Ostrow Wielkopolski to develop a new shopping centre. 'This is our first step on the Polish market as a part of our expansion in Central Europe and Turkey. Previously Redema has realised commercial and ...
-
PropertyEU Archive
MH Limited Partnership acquires Paris hotel for EUR 141.5m
French holding company MH Limited Partnership has acquired the celebrated Hotel Prince de Galles from France's Independent National Social Security Fund for Mines for around EUR 141.5 mln.
