All Real Assets articles in Web Issue – Page 1221
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PropertyEU Archive
CBRE to manage 850,000 m2 IDI Gazeley package
IDI Gazeley, the logistics unit of US-based Brookfield Property Partners, has hired CBRE to manage a portfolio of 39 logistics assets covering a total area of 850,334 m2.
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PropertyEU Archive
Australian fund buys 20% of major London project - report
Australia’s largest pension fund AustralianSuper has reportedly agreed a deal to buy a 20% stake in the King’s Cross Central mixed-use development in London for £200 mln (€270 mln).
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PropertyEU Archive
Banco Sabadell puts €250m Cadi package up for sale
Following the sale of Project Tritón last month, Spanish lender Banco Sabadell is understood to be marketing another €250 mln non-performing loan portfolio known as Cadí.
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PropertyEU Archive
Meyer Bergman acquires London site for €400m retail project
A fund advised by European retail property investment manager Meyer Bergman has acquired a site in Central London with plans to develop 18,000 m2 of boutique stores in an investment totalling more than £300 mln (€405 mln).
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PropertyEU Archive
Adler bids for Westgrund in latest German resi tie-up
Listed German housing firm Adler Real Estate has secured the takeover of a majority of peer Westgrund in what is set to be the third major M&A transaction in the country's listed housing sector in the past three months.
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PropertyEU Archive
Tishman Speyer to build new Frankfurt office tower
Tishman Speyer, the developer of Frankfurt's Taunus, Messe and Opern towers, has acquired the former head office of Metzler Bank for the development of a new high-rise office project in the German city.
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PropertyEU Archive
Land Secs buys London plot for new office development
UK REIT Land Securities has agreed to purchase the leasehold interest in a 1.9 acre site at London's 21 Moorfields where it plans to develop a new 500,000 sq ft (46,500 m2) office scheme.
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PropertyEU Archive
Colliers poaches C&W execs to set up Russian investment office
Colliers International, which is to be spun off by major shareholder FirstService Corporation as a separate unit, has launched its first office sales and acquisition department in Russia.
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PropertyEU Archive
Hypo launches two-track sale of Deutsche Pfandbriefbank
The sale of German lender Deutsche Pfandbriefbank has officially been launched with parent group Hypo Real Estate Holding (HRE) looking to divest its entire stake or exit through an initial public offering.
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PropertyEU Archive
Hammerson pre-tax profit more than doubles as values rise
UK retail property REIT Hammerson saw its pre-tax profit more than double to £703 mln in 2014 from £341 mln (€458 mln) in 2013 on the back of ‘a significant uplift in asset valuation and continuing income growth’.
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PropertyEU Archive
AXA raises €1.5b for Europe's largest property debt fund
AXA Real Estate has raised more than €1.5 bn as it seeks to build Europe’s largest commercial real estate debt fund.
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PropertyEU Archive
L&G lends €102m against London airport hotels
Insurer Legal & General has issued a £75 mln (€102 mln) loan to a private client secured against five hotels at London’s Gatwick and Stansted airports.
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PropertyEU Archive
Prudential provides €115m for new Scottish hospital
UK insurance group Prudential has provided £85 mln (€115 mln) of financing for a new children’s hospital in Edinburgh, Scotland.
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PropertyEU Archive
Springer sells part of Hamburg base to city government for €130m
German media giant Axel Springer has sold part of its Hamburg office complex to the city state’s government for €130.6 mln.
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PropertyEU Archive
Helical Bar concludes €190m of retail asset sales
Helical Bar has disposed of two major retail schemes in the Scottish city of Glasgow and the UK East Midlands town of Corby for a total of £140 mln (€190 mln) as it seeks to recycle capital into new opportunities.
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PropertyEU Archive
VIB acquires two southern German assets for €22m
German commercial property company VIB Vermögen has spent €22.3 mln on a retail park and a service station, at a total yield of more than 7%.
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PropertyEU Archive
Deka fund acquires €30 mln in loans to finance German office deal
German lender DekaBank has offloaded around €30 mln in liabilities to the Deka Realkredit Klassik debt fund.
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PropertyEU Archive
International Campus takes Unite director on board
Student housing specialist International Campus has appointed James Granger to its executive board as it looks to grow its expertise in the sector.
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PropertyEU Archive
Portfolio sales to drive German market this year
Portfolio sales are expected to dominate the German real estate landscape this year as both lenders and open-ended funds accelerate their sales programmes. PropertyEU spoke to market experts about some of the biggest deals hanging over the market.
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PropertyEU Archive
LGP begins 10,200m2 spec project in the UK
Legal & General Property (LGP) and its joint venture partner DB Symmetry, have secured planning consent for the development of up to 182,556 sq ft (17,000 m2) of warehousing space at their industrial site in Wigan, northwest England.
