All Real Assets articles in Web Issue – Page 1254
-
PropertyEU Archive
Beni Stabili extends leases on €1.7b package, sells assets for €126m
Italian REIT Beni Stabili has agreed to sell back two Imser assets to its occupier, Telecom Italia, as part of a larger restructuring of its €1.7 bn portfolio let to the telecoms operator.
-
PropertyEU Archive
SMABTP sells 38% stake in Eiffel Tower company for €140m
French mutual insurer SMABTP has sold a 38% interest in Société de la Tour Eiffel, the company that manages the Eiffel Tower, to allow the Paris-based office landlord to retain its tax-efficient REIT status.
-
PropertyEU Archive
Ivanhoé Cambridge closes €175m London office buy
Canadian investor Ivanhoé Cambridge has announced the acquisition of 21 Lombard Street, an office property located in the City of London, from an undisclosed seller for £130 mln (€175 mln).
-
PropertyEU Archive
CLS Holdings inks €24m Munich office buy
CLS Holdings has exchanged contracts to acquire a fully-let office building near Munich, Germany, from an unnamed buyer for €24.4 mln.
-
PropertyEU Archive
Pbb lends €387m for Nordic logistics portfolio
German lender pbb Deutsche Pfandbriefbank has extended its existing financing to Swedish listed firm Sagax by providing two loans of SEK 2.34 bn (€252 mln) and €135 mln to Sagax’ subsidiaries in Sweden and Finland.
-
PropertyEU Archive
Redefine refinances German retail portfolio with €83m loan
UK REIT Redefine International has completed the first part of a refinancing deal for a €156.8 mln German retail property portfolio acquired in a joint venture with Redefine Properties.
-
PropertyEU Archive
DEBT FINANCE BRIEFING: Alternative lenders thrive in diversified market
Europe’s real estate financing landscape is becoming more diversified as alternative lenders increase their share of the market, PropertyEU’s debt finance investment briefing in Frankfurt heard on Tuesday.
-
PropertyEU Archive
Catella hires exec trio for new IM business area
Swedish financial advisory Group Catella said on Wednesday that it has hired property veterans Timo Nurminen, Andreas Kneip and Francois Brisset to head its newly-launched property investment management business area.
-
PropertyEU Archive
Chinese insurer in talks to buy German lender Pbb
Anbang Insurance Group of China is reportedly in talks to buy pbb Deutsche Pfandbriefbank from its parent Hypo Real Estate Holding (HRE) in a deal said to be valued at €1.5 bn.
-
PropertyEU Archive
JLL takes over Polish fit-out provider
Broker JLL has acquired Polish property fit-out provider Neo-Oewiat with the aim of incorporating the business into its Tétris design and fit-out brand.
-
PropertyEU Archive
Ediston secures 10-year loan from Aviva at 3%
Ediston Property, a newly-launched UK REIT, said on Thursday that it has entered into a 10-year, £40 mln (€54 mln) secured term loan agreement with Aviva Commercial Finance.
-
PropertyEU Archive
Check out the May 2015 edition of PropertyEU Magazine
The May edition of PropertyEU charts how a wave of global investors including a slew of new exotic names has descended on London in recent months as the battle for new iconic developments heats ups. The names of the buildings themselves are often more mundane and range from the ‘Cheesegrater’ ...
-
PropertyEU Archive
Valad Europe acquires €25m Marseille office for VEDF
Valad Europe has acquired two office buildings in Marseille for €25 mln on behalf of its Valad European Diversified Fund.
-
PropertyEU Archive
AEW Europe acquires City of London building for €32m
AEW Europe has acquired 24-28 Martin Lane, a refurbished office building in the City of London, for a price of £24 mln (€32 mln).
-
PropertyEU Archive
Kesko, AMF, Ilmarinen set up €652m retail JV in the Nordics
Finnish retailing conglomerate Kesko Corporation has inked a €652 mln sale and leaseback deal with Swedish life insurance company AMF Pensionsförsäkring and pension fund Ilmarinen.
-
PropertyEU Archive
BNP Paribas sells 7% of Klépierre for €870m
French banking group BNP Paribas has sold a 7% stake in European listed retail specialist Klépierre in a private placement to institutional investors for a total of €870 mln.
-
PropertyEU Archive
Berlin investor poised to buy Checkpoint Charlie for €85 mln
Berlin-based investor Trockland Management is on the brink of buying the land at the city’s former Checkpoint Charlie border crossing for €85 mln, according to Bloomberg.
-
PropertyEU Archive
ANALYSIS: German lenders say goodbye to thrift
It is a great time for borrowers in Germany as the competition for extra lending business heats up further.
-
PropertyEU Archive
DEBT FINANCE BRIEFING: Asian financiers slow to get off the ground in Europe
Asian financiers are starting to emerge in the European real estate sector but so far they have not made a big splash, PropertyEU's debt finance investment briefing in Frankfurt heard this week.
-
PropertyEU Archive
Editor’s Choice: The return of the unicorn
It takes a brave person to advocate a contrary view to Blackstone’s global head of real estate Jon Gray.
