All Real Assets articles in Web Issue – Page 1146
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PropertyEU Archive
Deka pays €257m for mixed-use complex in Munich
German fund manager Deka Immobilien has acquired the Theresie mixed-use complex in Munich from Canadian property company Ivanhoe Cambridge for around €257 mln.
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PropertyEU Archive
Qatari SWF bids €330m for Paris hotel Le Grand
Less than two months after acquiring a portfolio of five luxury Intercontinental hotels across Europe, Qatar’s sovereign wealth fund has made a binding €330 mln cash offer for the Intercontinental Le Grand in Paris.
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PropertyEU Archive
Oaktree-Patrizia JV clinches €540m UK business park deal
Funds managed by LA-based Oaktree Capital Management and Germany's Patrizia Immobilien have acquired three mixed-use business parks in the UK. The investment volume of £430 mln (€539 mln) reflects a net initial yield of 7.3%.
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PropertyEU Archive
pbb provides €67m financing for Designer Outlet Berlin
pbb Deutsche Pfandbriefbank has provided a € 67 mln medium-term acquisition facility to TIAA Henderson Real Estate’s European Outlet Mall Fund for the refinancing of Designer Outlet Berlin.
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PropertyEU Archive
Delin ready for new acquisitions after €88m UK refinancing
Delin Capital Asset Management has said it is ready for new acquisitions in the UK and the Netherlands after obtaining a £70 mln (€88 mln) facility from pbb Deutsche Pfandbriefbank to refinance a portfolio of logistics assets in the UK.
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PropertyEU Archive
Secure acquires logistics asset in first Greek deal
Secure Property Development & Investment is buying a logistics park in Athens in the London AIM-listed investor's first deal in Greece, and second outside of Ukraine.
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PropertyEU Archive
TIAA Henderson fund invests in AEW Europe's logistics vehicle
TIAA Henderson Real Estate’s Indirect Property Fund has completed an investment in AEW Europe's Logistis fund, the company announced on Monday.
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PropertyEU Archive
BNP Paribas finances Tishman office buy in London
BNP Paribas Corporate and Investment Bank has provided a £115.5 mln (€86 mln) loan to investor-developer Tishman Speyer for the acquisition of a prime office building in London.
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PropertyEU Archive
Timisoara chalks up largest post-crisis logistics deal in Romania
Asset and development manager Invest4SEE plans to continue developing logistics space in Romania after securing the largest investment sale in the sector over the last five years.
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PropertyEU Archive
Rockspring expands fund management team
Rockspring Property Investment Managers has strengthened its fund management team with the appointment of Kim Sardar as assistant director.
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PropertyEU Archive
German fund investors play local game in H1 – IPD
Investors in German institutional property funds continued to favour domestic real estate in the first six months of 2014 with a preference for retail and diversified portfolios, the latest IPD/BVI German Quarterly Spezialfonds Index (SFIX) results show.
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PropertyEU Archive
Hibernia secures €100m loan with Bank of Ireland
Irish property company Hibernia REIT has agreed a €100 mln, three-year revolving credit facility with the Bank of Ireland, secured against a corporate level debenture.
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PropertyEU Archive
Norges-Crown Estate JV expands into Mayfair in €478m deal
Norway’s giant oil pension fund and The Crown Estate have expanded their joint London property holdings by acquiring a chunk of prime Mayfair real estate in a £381 mln (€478 mln) transaction.
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PropertyEU Archive
Eurosic and SIIC de Paris unveil almost €500m in asset sales
French REIT Eurosic and its majority owned subsidiary SIIC de Paris are selling five office assets in the Paris region in two transactions to institutional investors for close to €500 mln.
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PropertyEU Archive
Aareal Bank lifts profit as new lending grows
Aareal Bank Group reported consolidated operating profit rose 44% in Q2 2014 year-on-year, but warned that the market environment remained 'challenging'.
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PropertyEU Archive
CBRE GI offloads Spanish offices to Blackstone
CBRE Global Investors has sold a Spanish office portfolio to US private equity giant Blackstone for an undisclosed amount.
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PropertyEU Archive
AXA RE takes 50% in Cabot Circus mall for €336m
AXA Real Estate Investment Managers has reached agreement on the acquisition of a 50% stake in Cabot Circus shopping centre in the UK city of Bristol for £267.8 mln (€335.5 mln).
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PropertyEU Archive
Swiss Life buys Germany's Corpus Sireo to extend asset management platform
Pension and insurance group Swiss Life is acquiring Germany's Corpus Sireo as it moves to create a real estate platform with over 1,000 staff managing €36 bn of real estate assets across four countries.
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PropertyEU Archive
Patrizia on course to meet AUM growth target
Listed German property investor Patrizia Immobilien said it is on course to meet its earlier announced target of boosting assets under management in Europe by around €2 bn to €14 bn in 2014.
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PropertyEU Archive
Capital & Regional takes control of The Mall Fund
UK shopping centre investor Capital & Regional has acquired a controlling stake in The Mall Fund and plans to take over the remaining minority holdings in due course.
