Latest reports – Page 3550
-
PropertyEU Archive
PIK Group acquires two development sites in Yaroslavl, Russia
Russian real estate group PIK has purchased two land plots, comprising 88 hectares, in the city of Yaroslavl for an undisclosed sum. The London-listed company plans to develop 880,000 m[sup]2[/sup] of housing on the sites. The plots are located close to PIK's current developments in Yaroslavl and the latest acquisitions ...
-
PropertyEU Archive
ING RE: strong fund performance helps weather property storm
ING Real Estate has reported lower than expected levels of revaluations in its investment portfolio for the fourth quarter of 2007, but the company is positive that overall returns are good and that investor demand for property investment remains robust.
-
PropertyEU Archive
Vastned Retail to issue bid update in March
Dutch-listed property fund Vastned Retail confirmed on Friday that it expects to make further announcements in the middle of March on offers made for all or part of Vastned Retail. Earlier this month, Vastned Retail said it had received a number of indicative offers but added that potential bidders needed ...
-
PropertyEU Archive
Mercialys posts double digit growth figures for 2007
Listed French commercial real estate company Mercialys reported strong growth in earnings and asset values in its 2007 results. Net asset value increased 28% over 12 months to EUR 25.7 per share against EUR 20.08 per share one year earlier and EUR 23.04 per share at 30 June 2007. ...
-
PropertyEU Archive
Develica invests a further EUR 33 mln in Germany
Develica Deutschland, the German property investment company, has announced the completion of three acquisitions totalling EUR 33 mln. This brings the total funds invested by the AIM-listed company to EUR 1 bn.
-
News
CalPERS approves €850m in real estate
UNITED STATES - California Public Employees Retirement System has allocation $859.8m (€587.9m) of new real estate investments in commingled funds containing a mixture of local and international real estate, and debt.
-
News
AVP Advisors raises $400m in ‘alternative real estate’ play
UNITED STATES - AVP Advisors attracted $400m ($273.5m euros) of institutional capital, including pension fund assets, to a new type of commingled fund combining indirect investment with direct holdings.
-
News
NYSTRS creates new industrial JV
UNITED STATES - New York State Teachers Retirement System (NYSTRS) has created a new joint venture to invest in western US industrial properties.
-
News
SanFran Employees selects global REIT managers
UNITED STATES - San Francisco Employees’ Retirement System has selected European Investors and ING Clarion Real Estate Securities as its global Reit managers.
-
News
Russell Investments adds real estate staff
UNITED STATES - Russell Investments has expanded its real estate staff with the hiring of Dawne Clark as a portfolio manager.
-
News
Join us in Berlin for IPE Real Estate Awards 2008
EUROPE - The 4th IPE Real Estate Investor Forum & Awards will take place in Berlin on Thursday 22 & Friday 23 May 2008, and pension funds are now being invited to join us for this important gathering.
-
PropertyEU Archive
Fonciere des Murs to expand in Italian hotel sector
Fonciere des Murs (FDM), the leisure and healthcare subsidiary of French property group Fonciere des Regions, has established a new company to expand in the Italian hotel sector.
-
PropertyEU Archive
Befimmo disposes of semi-industrial portfolio
Belgian real estate company Befimmo has agreed to sell its non-strategic portfolio of semi-industrial assets to American firm AIG Global Real Estate Investment and London-based property investor Rockspring for EUR 72 mln. The seven-building portfolio comprises 45,000 m[sup]2[/sup] of semi-industrial space and 15,000 m[sup]2[/sup] of office space in Zaventem, Belgium.
-
PropertyEU Archive
JLL: Europe's direct commercial investment hits EUR 244bn in 2007
Direct commercial real estate investment in Europe totalled EUR 244 bn last year, 4% lower than 2006, Jones Lang LaSalle has estimated in its European Capital Markets Bulletin 2007.
-
PropertyEU Archive
White Rock fund buys Dutch portfolio
White Rock Investments III, a White Estate Investments fund, has acquired the Penta portfolio in the Netherlands from British fund Cambridge Place Investments for EUR 68 mln.
-
PropertyEU Archive
CBRE opens new office in Ukraine
CB Richard Ellis has opened an office in the Ukrainian capital Kiev, where the global property consultant says it sees a 'huge potential for expansion'. The office will be headed by Sergiy Sergiyenko and Radomyr Tsurkan, both former managing directors of Colliers in Kiev.
-
PropertyEU Archive
Kungsleden purchases three assets in Gothenburg
Listed Swedish real estate company Kungsleden is acquiring three commercial properties near Gothenburg in Sweden from Nordic seasonings producer Santa Maria for SEK 180 mln (EUR 20 mln). The properties, with a total lettable floor space of 23,900 m2, are let to Santa Maria on five and six-year agreements. The ...
-
PropertyEU Archive
Savills: Spanish logistics demand leads to new submarkets
Strong demand for logistics space has led to the creation of new submarkets in Spain, according to a new research report by property adviser Savills. The logistics sector has experienced 3.9% growth per annum nationwide, while the logistics businesses in Madrid and Barcelona have grown by 4.1% and 4.2% respectively. ...
-
PropertyEU Archive
Harbert in EUR 200m Spanish logistics JV
Harbert European Real Estate Fund II has entered into its first joint venture with Promociona Hispania as part of a logistics and industrial development platform in Spain. The business partners expect to invest between EUR 150 mln and EUR 200 mln in the joint venture's projects over the next couple ...
-
PropertyEU Archive
Endurance launches two new sub-funds
Endurance Real Estate, a closed-end umbrella fund set up in 2005 by Orco Property Group, committed a total of EUR 275 mln of equity last year, up from EUR 200 mln in 2006.
