All PropertyEU Archive articles – Page 884
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PropertyEU ArchiveNew KanAm fund targets €500m spend in southern Germany
A new KanAm Grund Group institutional fund dubbed Fokus Süddeutschland has carried out initial acquisitions in Frankfurt and Stuttgart as it targets a fund volume of €500 mln.
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PropertyEU ArchiveUBS AM spends €57m on Madrid retail gallery
UBS Asset Management's (UBS-AM) Real Estate & Private Markets (REPM) business has acquired the retail gallery section of Las Rosas Shopping Centre in the San Blas district of Madrid for €57 mln from Hispania Retail Properties.
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PropertyEU ArchivePatrizia announces share buyback following strong H1 results
Augsburg-based Patrizia Immobilien is on target to lift its assets under management by more than €2 bn in full-year 2017 after reporting a 45% increase in operating income over the first six months of the year to €35 mln.
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PropertyEU ArchiveAlstria upgrades 2017 earnings forecast after strong H1
Lower financing costs and a €23.3 mln profit from the sale of the Kaisergalerie in Hamburg in the first six months of the year helped Frankfurt-listed office specialist Alstria lift net profit by 49% over the period.
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PropertyEU ArchiveHines sells Warsaw office to Czech fund for €117m
US developer Hines has sold the Proximo I office building in Warsaw to a fund managed by Czech investor Reico for €116.6 mln.
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PropertyEU ArchiveLondon development land sales rebound in Q2
Some £722 mln (€797 mln) of development land changed hands in London in the second quarter of 2017, representing a 48% increase on Q1 and the strongest three-monthly figure since before the EU referendum, according to figures from adviser CBRE.
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PropertyEU ArchiveLondonMetric buys retail park for €31m
UK REIT LondonMetric Property has acquired Burlington Retail Park in southwest London for £28.3 mln (€31.2 mln) from a large, unnamed UK institution.
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PropertyEU ArchiveBlackstone bags 51% of Banco Popular toxic assets
Blackstone has emerged as the winner in the race to buy a 51% stake in failed Spanish bank Banco Popular’s €30 bn portfolio of distressed loans and real estate assets.
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PropertyEU ArchiveHenley clinches €77m assisted living deal for new fund
UK private equity firm Henley has acquired a portfolio of assisted living homes for £70 mln (€77.3 mln) for its new Henley SIPUT fund which held its first close in July.
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PropertyEU ArchiveItalian H1 investment volumes rise 43% - Colliers
Investment volumes in Italy reached €5 bn in the first six months of 2017, 43% higher than the year-earlier period which saw just €3.5 bn of deals, Colliers Italy has revealed.
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PropertyEU ArchiveAllianz RE buys two Milan offices from Blackstone
Allianz Real Estate has acquired two office assets in Milan by taking over Blackstone's Italian closed-end investment fund 'Kensington' on behalf of German Allianz entities.
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PropertyEU ArchiveColliers Poland appoints new equity partners
Colliers International has appointed two new equity partners in Poland, Marta Machus-Burek and Jonathan Cohen.
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PropertyEU ArchiveBreevast owner arrested in Italy on fraud charges
Frank Zweegers, owner of Dutch property company Breevast which is reportedly in talks to sell an office tower in Brussels to Irish investor Derek Quinlan for €1.3 bn, has been arrested in Italy on allegations of fraud.
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PropertyEU ArchiveThor Equities and AEW buy Oxford Street asset for €200m
Global property investors Thor Equities and AEW have acquired 100 New Oxford Street, a prime mixed-use building in London’s West End for £180 mln (€200 mln) from Tishman Speyer.
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PropertyEU ArchiveBarings acquires €43m Finnish residential portfolio
Barings Real Estate Advisers, part of global real estate investment manager Barings, has acquired a €43 mln portfolio of seven residential properties in Finland from Varma Mutual Pension Insurance Company on behalf of an institutional investor.
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PropertyEU ArchivePatrizia strikes €94m residential deal in Edgbaston
The UK arm of German real estate investor Patrizia has struck a deal with Warwickshire County Cricket Club and the UK's Homes and Communities Agency (HCA) to develop 375 new build-to-rent (BTR) homes with a gross development value of around £85 mln (€94 mln).
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PropertyEU ArchiveRBS picks Amsterdam for post-Brexit EU trading hub
Some two years after Royal Bank of Scotland (RBS) all but closed down its operations in Amsterdam, the bank plans to beef up what’s left into a post-Brexit European Union trading hub.
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PropertyEU ArchiveCBRE Hotels appoints UK & Ireland investment head
CBRE Hotels has today announced the appointment of Paul Collins as head of hotel investment properties for the UK & Ireland. Collins will be responsible for leading the hotels transactional business across the UK and Ireland.
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PropertyEU ArchiveHenderson Park enters UK hotels market with double Hilton deal
Henderson Park, the pan-European real estate investment platform, has entered the UK hotels market with the acquisition of two Hilton Metropole hotels in London and Birmingham from Tonstate.
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PropertyEU ArchiveTunstall launches Dutch debt fund
Tunstall Real Estate Asset Management, the pan-European alternative investment management firm created recently by London-based M7 Real Estate, has made its first investment for a new Dutch-focused discounted pay-off debt fund, after receiving €55 mln of initial commitments from a number of international investors at its first closing.
