All Real Assets articles in Web Issue – Page 1636
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PropertyEU ArchiveImmofinanz buys €390m S Immo stake, as Starwood circles
Vienna- and Warsaw-listed property group Immofinanz has purchased a €390 mln stake in Austrian peer S Immo, on the same day that US property investor Starwood Capital published its bid for minority shares in Immofinanz and CA Immo.
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PropertyEU ArchiveTriuva acquires fully-let Dublin office
Triuva, the German investor owned by Patrizia, has acquired a newly built, fully-leased office building in central Dublin from the joint venture vendor Ballymore/Oxley.
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PropertyEU ArchiveKanAm adds Munich asset to southern Germany fund
KanAm Grund Group, the German real estate fund manager, has purchased an asset in the suburbs of Munich for its southern Germany-focussed fund (Fokus Süddeutschland Fonds).
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PropertyEU ArchiveAdler creates Benson Elliot JV to shed non-core assets
German-listed residential firm Adler Real Estate has created a joint venture with Benson Elliot Capital Management to dispose of around €115 mln of non-core assets.
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PropertyEU ArchiveNorway's Storebrand buys Arcus HQ near Oslo
Norway's largest all-equity financed property fund, Storebrand Eiendomsfond Norge, has purchased a mixed-use industrial faciilty just outside Oslo from Canica Eiendom for NOK 1.7 bn (€177 mln).
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PropertyEU ArchiveCorpus Sireo inks 108,000 m2 value-add German portfolio deal
Swiss Life's German asset management arm Corpus Sireo has announced the off-market purchase of a portfolio of 108,000 m2 in Germany for an undisclosed amount.
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PropertyEU ArchivePrimonial REIM signs €100m care home JV in Italy
French asset manager Primonial REIM said that it has signed a partnership agreement with care home operator Colisée to boost growth across Europe and particularly in Italy.
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PropertyEU ArchiveM&G Real Estate unveils plans for new €114m Glasgow project
M&G Real Estate has unveiled plans for its new £100 mln (€114 mln) office development on the former Corunna House site in Glasgow city centre.
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PropertyEU ArchiveFrance's FdR in talks to buy out Italian arm to create €15b office giant
French office-focused REIT Foncière des Régions said on Friday that it is contemplating a merger with its 52.4% owned Italian arm Beni Stabili as part of plans to expand in Europe.
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PropertyEU ArchiveLothbury IM to fund €50m York hotel project
Lothbury Investment Management, acting on behalf of Lothbury Property Trust, has announced plans to fund the development of a new Malmaison boutique hotel in York.
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PropertyEU ArchiveImmofinanz launches sale of €700m CA Immo stake
Vienna- and Warsaw-listed property group Immofinanz has announced the launch of a structured bidding process to dispose of its 26% stake in peer CA Immo after completing a review of its strategic options.
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PropertyEU ArchiveHammerson 'bowed to shareholder pressure’ on Intu deal
Hammerson decided to abandon the €3.9 bn takeover of its smaller UK peer Intu almost wholly due to ‘shareholder pressure’, according to Hemant Kotak, managing director and head of Green Street Advisors’ UK and Swiss coverage.
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PropertyEU ArchiveDeka Immobilien sells major office complex in Düsseldorf
German fund manager Deka Immobilien has announced the sale of the Duo office complex in the eastern part of Düsseldorf to US-based Harbert Management Corporation's European Real Estate Fund IV.
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PropertyEU ArchiveBarings debuts in Benelux with €100m Amstel Building
Barings Real Estate, part of global real estate investment manager Barings, has acquired the Amstel Building in Amsterdam, the Netherlands, for more than €100 mln from Cromwell Property Group.
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PropertyEU ArchiveIndian developer buys Blackrock's 5 Strand for over €91m
International investment manager Blackrock has agreed to sell 5 Strand on Trafalgar Square in London to a private Indian developer for a price in excess of £80 mln (€91 mln).
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PropertyEU ArchiveM&G buys London mixed-use estate from GPE for €57m
UK asset manager M&G has purchased the freehold of 78/92 Great Portland Street and 15/19 Riding House Street in London from Great Portland Estates (GPE) for £49.6 mln (€57 mln), reflecting a net initial yield of 3.9%.
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PropertyEU ArchiveThor spends €75m on mixed-use Madrid asset
Global real estate specialist Thor Equities has strengthened its presence in Madrid with the acquisition of a mixed-use asset on Gran Via from New York-based Angelo Gordon for €75 mln.
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PropertyEU ArchiveWorkspace concludes Centro Camden buy with €87m deal
UK business space specialist Workspace Group has completed its acquisition of the Centro estate in London's Camden with the purchase of Centro 1 & 2 for £76.5 mln (€87 mln), reflecting a net initial yield of 4.9%.
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PropertyEU ArchiveAXA acquires Helsinki residential for German fund
AXA Investment Managers - Real Assets (AXA IMRA) has completed the acquisition of three core residential assets in Finland from LocalTapiola Real Estate on behalf of a German special fund focusing on housing.
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PropertyEU ArchiveAres Management acquires pan-European office portfolio
Asset manager Ares Management has completed the acquisition of a portfolio of seven office properties located in major cities in Germany, the Netherlands, Austria and Finland, through funds managed by its real estate group.
