All Real Assets articles in Web Issue – Page 223

  • PropertyEU Archive

    Sharia funds set to continue growth: HDG Mansur

    2008-03-11T00:00:00Z

    Property fund manager HDG Mansur expects the high levels of growth in Sharia-compliant funds to continue in the coming years, CEO Harold Garrison told PropertyEU TV in an interview at MIPIM. 'We've seen growth in excess of 200% to 300% and we think it's likely this will continue in the ...

  • PropertyEU Archive

    High street retail resists credit crunch

    2008-03-11T00:00:00Z

    The European high street retail market is showing no signs of being affected by the current credit crunch, Boris van Haare-Heijmeijer, partner in retail services at Cushman & Wakefield said at the MIPIM property trade fair in Cannes.

  • PropertyEU Archive

    Moscow and Istanbul top investment markets: ULI

    2008-03-11T00:00:00Z

    Moscow and Istanbul ranked first and second as this year's top real estate markets in Europe for both investment and development prospects, according to Emerging Trends in Real Estate® Europe 2008, a real estate forecast released at the MIPIM real estate fair in Cannes by the Urban Land Institute (ULI) ...

  • PropertyEU Archive

    Tchenguiz in A$1.13 bn bid for Australia's CIF

    2008-03-12T00:00:00Z

    Property tycoon Vincent Tchenguiz has made a A$1.13 bn (EUR 677 mln) unsolicited bid for Australia's Challenger Infrastructure fund (CIF). The A$3.50 (EUR 2.09) per share offer, unveiled by Tchenguiz on Tuesday, is being made through Australian investment vehicle Arkmile, a subsidiary of Tchneguiz's Consensus Business Group. CIF’s share price ...

  • PropertyEU Archive

    ING fund buys Madrid mall for EUR 130m

    2008-03-12T00:00:00Z

    ING Retail Property Partnership Southern Europe Fund (RPPSE) has acquired Alcala Magna, a 34,000 m[sup]2[/sup] shopping centre in Madrid, for EUR 130 mln. The two-level urban shopping centre, previously owned by ING Real Estate’s Development division, has been fully let since its opening last October. It also boasts 1,200 car ...

  • PropertyEU Archive

    Realkapital, C&W launch EUR 200m CEE residential fund

    2008-03-12T00:00:00Z

    Equity fund manager RealKapital teamed up with property adviser Cushman & Wakefield's residential arm for the launch of a new CEE Residential Fund at this year's MIPIM trade fair in Cannes. Realkapital said it is launching the fund in response to the strong demand driving an overhaul of the existing ...

  • PropertyEU Archive

    CBRE upbeat on 2008, rental growth will drive investment

    2008-03-12T00:00:00Z

    Real estate adviser CB Richard Ellis is cautiously optimistic on the investment outlook for the European property sector in 2008. Speaking at a presentation at MIPIM, CBRE’s head of EMEA research Nick Axford pointed to the fact that despite the overall dip in the fourth quarter of 2007, investment levels ...

  • PropertyEU Archive

    Italy's property market to slow down in 2009, says C&W

    2008-03-12T00:00:00Z

    Italy’s real estate market is likely to slow down next year due to a combination of the global credit crunch and an increase in real estate taxes, according to Cushman & Wakefield head of Rome office Joaquim Sandberg.

  • PropertyEU Archive

    Colliers targets 30% growth in south-east Europe

    2008-03-12T00:00:00Z

    Property advisory firm Colliers is expecting to book between 20% to 30% annual growth in south-east Europe and plans to add offices in Macedonia and Bosnia, Jovan Jovica Jacovac, managing director of Colliers Serbia told PropertyEU TV at MIPIM.

  • PropertyEU Archive

    JLL predicts UK investment to fall as much as 40%

    2008-03-12T00:00:00Z

    UK investment turnover is set to drop by as much as 40% in 2008, creating real opportunities in the market, Jones Land LaSalle said at a presentation at MIPIM. This compares with a predicted 25% drop for Europe as a whole - a EUR 60 bn decrease on the total ...

  • PropertyEU Archive

    Russia is 'biggest growth opportunity'

    2008-03-12T00:00:00Z

    Russia is not immune to the ‘debt squeeze’ but is the most dynamic real estate market in Europe, according to Jones Lang LaSalle. 'We really do see Russia as a very strong growth market,' said Mark Jagger, managing director of Jones Lang LaSalle in Russia.

  • PropertyEU Archive

    Industrial real estate braced for slowdown

    2008-03-12T00:00:00Z

    Industrial real estate markets are braced for a global slowdown as the economy decelerates, according to a new report from Colliers International. But while the slowdown has the potential to cause a decline in leasing and letting in warehouse markets, most markets are predicting stable if not rising rents over ...

  • PropertyEU Archive

    Savills well poised for 'challenging year'

    2008-03-12T00:00:00Z

    UK property agents Savills said on Wednesday that 2008 will be a challenging year for the property industry worldwide although not all areas and sectors will be affected equally. 'The outlook for our UK and US commercial capital markets businesses depends on how quickly confidence returns to the financial markets,' ...

  • PropertyEU Archive

    'German vendors underestimate credit crunch'

    2008-03-12T00:00:00Z

    German property vendors are wrong in thinking they will soon be able to demand the high prices that were prevalent in the 18 months prior to the onset of the credit crisis, says Andreas Krone, CEO of Apollo Real Estate.

  • PropertyEU Archive

    Portugal to double its retail stock in the next four years

    2008-03-12T00:00:00Z

    The retail market will continue to outperform in Portugal according to Luis Antunes, head of C&W Capital Markets in Portugal. A total of 4.6 million m[sup]2[/sup] of retail stock is set to come to the market within the next three to four years, Antunes said. This compares to a current ...

  • PropertyEU Archive

    E&Y: German prime property prices to remain stable

    2008-03-12T00:00:00Z

    The prices for premium properties in Germany are set to remain stable this year, Hartmut Frund, CEO of Ernst & Young RE Germany told PropertyEU TV at MIPIM.

  • PropertyEU Archive

    ING wins fifth regeneration project

    2008-03-12T00:00:00Z

    ING Real Estate has won a EUR 200 mln contract to redevelop Maidenhead town centre in the UK, including some 30,000 m[sup]2[/sup] of retail space, 1,250 car parking spaces and 7,000 m[sup]2[/sup] of office accommodation.

  • PropertyEU Archive

    New investors go for fund of funds, says INREV

    2008-03-12T00:00:00Z

    The fund of funds sector is opening up the non-listed property funds market to new investors, according to new research by the non-listed real estate investor association INREV.

  • PropertyEU Archive

    Henderson outlet fund targets EUR 1.5bn, eyes UK market

    2008-03-13T00:00:00Z

    Henderson Global Investment expects to attract total investment of EUR 1.5 bn for its Outlet Mall Fund over the next 18 to 24 months, head of investment Mike Sales, told PropertyEU TV at MIPIM.

  • PropertyEU Archive

    MiNC to raise EUR 130m for Dubai, UK investment

    2008-03-13T00:00:00Z

    London and Dubai-based management firm MiNC Property Enterprises said at MIPIM it plans to raise up to £100m (EUR 130 mln) in equity across Europe, Turkey, Russia, and South Africa. The equity will be used to fund investment in London and Dubai hotels and residential properties.