PropertyEU Week Edition: Billionaire offers 'exit' to beleagured investors

Romanian billionaire businessman Dan Costache (Dinu) Patriciu has kicked off a new round of takeovers and stake-building in beleaguered UK-listed funds which invest in European commercial real estate.

Acting through Black Sea Global Properties (BSGP), a subsidiary of his privately owned oil group Rompetrol, Patriciu has bid to acquire all the shares in Rutley European Property he does not already own.

The full story appears in PropertyEU Week Edition dated 17 June. Other stories include:

* Hammerson sells Queensgate stake
* Arcandor assets hang in the balance
* Lenders and investors still bearish
* Southern markets see rising yields
* IPD UK Index slides further
* UK developers: bottom in sight

Regular features:
* Market report: Opportunity dawns
* Deal digest: Paris in the picture
* Top 10 deals of the week
* PropertyEU Barometer: Rare Reversal
* Comment: No need for distress

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