All PropertyEU Archive articles – Page 910
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PropertyEU ArchiveLondonMetric sells UK retail asset for €38m
UK REIT LondonMetric Property has sold a Morrisons food store in Loughborough to a UK pension fund for £32.5 mln (€38 mln), reflecting a net initial yield of 4.25%.
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PropertyEU ArchiveZech Group and Log4Real split after four months
After taking a majority stake in Log4Real, a German industrial and logistics developer, four months ago, management holding company Zech Group has returned its shares and agreed to a rapid decoupling of the companies.
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PropertyEU ArchivePrimonial acquires €80m of Belgian high street retail
French asset manager Primonial REIM has purchased a portfolio of Belgian high street retail assets for around €80 mln from an unnamed vendor.
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PropertyEU ArchiveCA Immo seeks record €800m from German tower sale
Austrian investor and developer CA Immo has confirmed plans to put Tower 185 in Frankfurt on the market for a price likely to exceed €800 mln, which would make it the largest single-asset deal in German history.
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PropertyEU ArchiveBouwfonds launches fourth car park fund
Bouwfonds Investment Management has announced plans to launch Bouwfonds European Real Estate Parking Fund IV (BEREPF IV), a €200 mln mandate for a northern German pension fund.
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PropertyEU ArchiveBRIEFING Local knowledge crucial to Nordic investment success
Property is always a local business, but this is particularly true in the Nordics, where local knowledge and a presence on the ground are crucial to investment success, panellists agreed at PropertyEU's Nordics Investment Briefing, which was held in London this week.
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PropertyEU ArchiveLCN closes second European fund
US private equity firm LCN Partners has raised over $750 mln (€668 mln) for its second set of funds, comprising the euro-denominated LCN European Fund II, and the dollar-denominated LCN North American Fund II.
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PropertyEU ArchiveUS retailers set to converge on ReDI in Warsaw in June
A record-breaking number of new brands will be presented during the upcoming ReDI Fair organised by the Polish Council of Shopping Centres in Warsaw in early June, according to the council's director general Radoslaw Knap.
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PropertyEU ArchiveRICS launches dispute resolution service at Provada
RICS is hosting a conference at Provada on how Alternative Dispute Resolution (ADR) can help boost the development of cities by restoring confidence between public-private parties in a quick and cost-effective way.
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PropertyEU ArchiveChayton eyes €100m for SEE real estate fund
Chayton Capital, the London and Budapest-based investment manager, aims to raise up to €100 mln for what it says is the only regulated real estate fund dedicated to South Eastern Europe (SEE) to be launched in years.
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PropertyEU ArchiveHemfosa acquires €103m of Swedish property
Stockholm-listed Hemfosa Fastigheter has acquired a portfolio of properties in Sweden with a value of over SEK 1 bn (€103 mln). The assets are mostly social and community properties, sold by a range of vendors.
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PropertyEU ArchiveListed property investment lags direct by 18 months - EPRA
It takes about 18 months for an investment in listed real estate to shed the influence of the general equities market and to start mirroring the performance of the companies’ underlying portfolio, according to new research by MSCI for the European Public Real Estate Association (EPRA).
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PropertyEU ArchiveBRIEFING Nordic investment volumes set for new record in 2017
Real estate investment in the Nordic countries is expected to beat last year’s record in 2017 as target allocations are set to increase further, delegates heard at PropertyEU’s Nordics Investment Briefing, which was held in London on Tuesday at The Lansdowne Club in Mayfair.
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PropertyEU ArchiveKlépierre swoops on Spanish mall for €233m
Listed European shopping centre landlord Klépierre has purchased Nueva Condomina, the leading shopping mall in the Spanish region of Murcia, for a property value of €233 mln. The vendor was a subsidiary of BNP Paribas Fortis.
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PropertyEU ArchiveCrown Estate seeks buyer for €38m London asset
The Crown Estate, the British Monarch's land and property company, is seeking a buyer for its freehold interest in 10 Bloomsbury Way, a mixed-use commercial island site in central London. Advisor CBRE said it was inviting offers in excess of £33 mln (€38 mln).
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PropertyEU ArchiveApleona aims to boost turnover by 50% within five years
Former Bilfinger unit Apleona plans to lift overall revenue by 50% to €3 bn in 2021 and double the value of its UK business GVA over the same period, the company’s CEO Jochen Keysberg told PropertyEU in an interview.
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PropertyEU ArchiveSchroder acquires €52m Spanish shopping centre
Pan-European investor Schroder European Real Estate Investment Trust (SEREIT) has completed the purchase of the Metromar shopping centre in Seville, Southern Spain, from UBS Asset Management. The total purchase price of €52.5 mln reflects a net initial yield of 6.2%.
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PropertyEU ArchiveAkelius issues bonds worth €600m
International housing investor Akelius Residential Property has issued €600 mln of senior unsecured bonds.
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PropertyEU ArchiveCTP acquires logistics park in Budapest
CEE business park specialist CTP has acquired a logistics scheme in Budapest from international distribution group Challenger.
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PropertyEU ArchiveAXA IMRA appoints Stulp as Dutch AM head
Global investor and asset manager AXA Investment Managers - Real Assets (AXA IMRA) has appointed Crispijn Stulp (pictured) as head of asset management & transactions for the Netherlands market.
