All Real Assets articles in Web Issue – Page 1859
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PropertyEU ArchiveColony Capital seeks Irish property exit to retrieve cash
US investment firm Colony Capital has reportedly initiated a process with a view to disposing of its interests in Irish real estate, which it holds directly and indirectly.
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PropertyEU ArchiveGlobalia hires EY to sell Spanish hotel platform
Spanish tourist group Globalia has reportedly recruited Ernst & Young (EY) to sell its Be Live hotel platform in Spain.
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PropertyEU ArchiveOptima wins go-ahead for acquisition of Lone Star’s stake in €2.3b Polish landlord GTC
Hungarian investor Optima Thursday received approval from the local competition authorities to acquire private equity firm Lone Star Funds’ 61.5% stake in Warsaw-listed CEE-focused real estate developer Globe Trade Centre (GTC).
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PropertyEU ArchiveDWS, Societe Generale close €205m refinancing of Paris’ Défense Plaza
Asset manager DWS has partnered with Societe Generale Corporate & Investment Banking to complete a €205 mln refinancing secured by the Défense Plaza office scheme in Paris’ La Défense.
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PropertyEU ArchiveBVK is first third-party investor in Allianz’s €3b European debt fund
Allianz Real Estate has secured its first third-party client for its €3 bn Luxembourg-based debt vehicle, having received a commitment by German pension fund Bayerische Versorgungskammer (BVK) to take a €300 mln stake in a sub-fund alongside Allianz.
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PropertyEU ArchiveIWG raises £320m via share issue for M&A drive
UK office space provider IWG announced on Thursday that it will raise gross proceeds of £320 mln through the issue of new shares, as it looks to benefit from future demand for flexible workspace amid the coronavirus crisis.
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PropertyEU ArchiveCromwell sells a 6-asset portfolio in Helsinki
Australian real estate investor and manager Cromwell Property Group has announced the sale of a 6-asset portfolio, including four office buildings and two unbuilt plots in the Helsinki Metropolitan area, to a fund managed by EAB Group.
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PropertyEU ArchiveExpo Real's chances rise after Bavaria permits trade fairs from September
The prospects of Expo Real taking place as planned in October have increased following the Bavarian state government's decision to allow trade fairs to take place in the German region from 1 September.
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PropertyEU ArchiveMcArthurglen announces rent relief package for any centres closed
Europe’s designer outlet group McArthurGlen announced on Thursday that it is to offer its stores a new support package offering rent relief from the 1st of April through to the 31st of December 2020.
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PropertyEU ArchiveCommercial Park wins green light for major London office development
The Commercial Park Group - a partnership between UK property developer John Baker and Sir Robert McAlpine – said on Thursday that it has been granted planning permission for 140,000 sq ft (13,006 m2) of office buildings at Bromley Park in London.
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PropertyEU ArchiveConfidence rises in the flex space, survey shows
Around 42% of flexible office providers are now positive about the prospects for the next three months, compared to only 25% in April, according to Workthere’s second sentiment survey.
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PropertyEU ArchiveWorkplace will no longer be a single location, C&W says
Despite mostly working from home during the pandemic, productivity remained strong and team collaboration has reached new heights through better leverage of remote technology, according to a new survey carried out by C&W.
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PropertyEU ArchiveUrban Logistics REIT secures £151m loan to finance new purchases
Urban Logistics REIT said on Friday that it has obtained a new £151 mln (€167 mln) five-year facility from lenders Barclays, Santander and Lloyds banks.
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PropertyEU ArchiveColonial’s SFL raises €500m with oversubscribed bond issue
Colonial’s French arm SFL said on Friday that it has raised €500 mln with the issue of seven-year bond with an annual coupon of 1.5%, maturing on 5 June 2027.
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PropertyEU ArchiveCommodus announces two senior hires to support growth
German private equity investor Commodus has announced the appointment of Alexander Weißflog to the new role of head of asset and portfolio management, which involves overall responsibility for the existing portfolio including development.
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PropertyEU ArchiveDeka buys Vienna office tower project
German property investor Deka Immobilien has acquired the Austro Tower office tower development in Vienna from developer Soravia.
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PropertyEU ArchivePatron Capital gets good news on Sheraton Grand Warsaw investment
The Sheraton Grand Warsaw hotel is to reopen on June 15 to the relief of owner, Patron Capital.
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PropertyEU ArchiveIngka Centres re-opens its Meeting Places in Italy
Ingka Centres, the shopping centre division of Ingka Group, an Ikea company, announced on Friday that a further three of its Meeting Places have re-opened, with malls in Italy and Spain joining those across Europe and China which had already resumed trading.
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PropertyEU ArchiveWeekly data sheet: Investors test market with new portfolios
Substantial portfolios in Germany and Ireland are newly available for sale, while Allianz Real Estate landed its first external investor for its €3 billion European debt fund.
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PropertyEU ArchiveOpinion: DWS senior ESG strategist welcomes €1.29trn EU financial package
Murray Birt says there is no better place for a green economic recovery than starting to renovate the 210 million buildings in the EU.
