All Real Assets articles in Web Issue – Page 1145
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PropertyEU Archive
Corio H1 rental income falls, but at slower rate
Listed Dutch retail specialist Corio, which is set to be taken over by French peer Klépierre, saw its net rental income fall 0.6% in the first six months of 2014 compared with a 4.4% decline in the year-earlier period.
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PropertyEU Archive
TIAA Henderson pays €220m for London bank property
TIAA Henderson Real Estate (TH Real Estate) has acquired an office building in the West End of London from Legal & General Property for £175 mln (€221 mln).
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PropertyEU Archive
Dream Global agrees €221m JV with Korean pension fund
Dream Global REIT has formed a joint venture with South Korean pension fund POBA under which the fund will acquire a 50% interest in seven of the Canadian company’s German office properties for around €221 mln.
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PropertyEU Archive
E-tailers require 3x more logistics space than brick-and-mortar retailers
The shift from in-store to online retailing is creating a favourable mix for logistics space suppliers, according to a new report by US logistics giant Prologis.
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PropertyEU Archive
WP Carey completes HQ deal in Norway for €85m
US property investor and financier WP Carey has finalised the acquisition of energy company Total’s Norwegian headquarters in Stavanger for NOK 716 mln (€85.2 mln).
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PropertyEU Archive
ANALYSIS: Corio set for accelerated shake-up after Klépierre takeover
Amsterdam-listed Corio is the latest in a string of Dutch retail specialists to fall into foreign hands.
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PropertyEU Archive
RBS analyst takes research post at INREV
Henri Vuong, associate director at Royal Bank of Scotland (RBS) is to take over from Casper Hesp as director of research and market information at non-listed funds body INREV.
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PropertyEU Archive
Pbb finances Westbrook office buy in Munich
Germany’s Pbb Deutsche Pfandbriefbank has provided a €63 mln loan to Westbrook Partners to finance its acquisition and redevelopment of an office building in Munich.
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PropertyEU Archive
Russia dominates shopping centre development pipeline - CBRE
Russia dominates the shopping centre development pipeline in Europe with more than 5 million m2 under construction, according to CBRE.
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PropertyEU Archive
Deka strikes first deal in Norway
German fund manager Deka Immobiliën has entered the Norwegian market with the acquisition of the first phase of a shopping centre outside Oslo for around €51 mln.
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PropertyEU Archive
DeAWM, pbb fund Indian office purchase in London’s Mayfair
Deutsche Asset & Wealth Management (DeAWM) and pbb Deutsche Pfandbriefbank have provided financing to Indian developer Indiabulls for its £155 mln (€193 mln) acquisition of an office property in London.
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PropertyEU Archive
Sanctions will have 'significant impact' on Russian real estate - JLL
The expanded US and EU sanctions against Russia will have a 'significant impact' on the Russian commercial real estate market, JLL has warned.
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PropertyEU Archive
Internos sells German hotel to private investor
European fund manager Internos Global Investors has sold the Steigenberger Hotel in the German city of Osnabrück to a private investor for an undisclosed sum.
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PropertyEU Archive
Allianz RE bags Munich property for €120m
Allianz Real Estate has acquired the mixed-use Isartor City property in the centre of Munich from UBS Real Estate for €120 mln.
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PropertyEU Archive
European property slightly more attractive in Q2 - DTZ
European real estate has become slightly more attractive to investors as they move up the risk curve, DTZ’s European Fair Value Index for the second quarter of 2014 shows.
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PropertyEU Archive
Rockspring acquires shopping centre in Leeds at 7.2% yield
Rockspring Property Investment Managers is acquiring Bramley Shopping Centre in the English city of Leeds in the second investment on behalf of its UK Value 2 fund.
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PropertyEU Archive
Globalworth lands Timisoara Airport Park in €35m deal
London AIM-listed investor Globalworth has confirmed its position as the leading investor in Romanian real estate with the acquisition of a light industrial complex in a deal valued at €35 mln.
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PropertyEU Archive
Colony Capital invests €40m in luxury Greek resort
US private equity group Colony Capital has injected €40.4 mln into a luxury resort hotel and villa complex in Greece owned by AIM-listed Dolphin Capital Investors.
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PropertyEU Archive
M&G Investments provides €50m loan to UK housing association
Non-bank lender M&G Investments has granted a £40 mln (€50.4 mln) loan to UK housing association One Vision Housing, which provides more than 11,500 homes across the Merseyside area in northwest England.
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PropertyEU Archive
M&G adds Welsh retail park to its basket for €196m
M&G Real Estate has acquired Parc Trostre retail park in Llanelli, southwest Wales for £156 mln (€196 mln), reflecting a net initial yield of 5.07%.
