All Real Assets articles in Web Issue – Page 284

  • PropertyEU Archive

    Raven signs financing agreement with Aareal Bank

    2008-08-18T00:00:00Z

    Raven Russia, the AIM-listed property investment group focussed on warehouses in Russia and Ukraine, has announced the signing of a 5-year term loan facility agreement for $89mln (EUR 60.5mln) with Aareal Bank.

  • PropertyEU Archive

    Vivacon secures financing for ground lease acquisitions

    2008-08-18T00:00:00Z

    German residential property company Vivacon has secured a 'triple-digit million' credit line from Frankfurt office of Dutch bank NIBC. The credit line will enable Vivacon to acquire commercial and residential leasehold properties 'arising from market opportunities'.

  • PropertyEU Archive

    European property stocks claw back ground in July - GPR

    2008-08-18T00:00:00Z

    European real estate shares finished on a slight loss of -0.9% last month, clawing back ground from the 12% loss in June, according to Amsterdam-based Global Property Research in its latest monthly update of the 250 GPR Index series. The GPR 250 Property Securities Index consists of the 250 most ...

  • PropertyEU Archive

    Economic uncertainty hitting European office markets - CBRE

    2008-08-18T00:00:00Z

    Office take-up across the major European markets has run at about 2 million m[sup]2[/sup] per quarter so far this year, 20% below last year's levels as short-term economic uncertainty has begun to bite, according to a forthcoming report from property adviser CB Richard Ellis. But the EMEA Office Market View ...

  • PropertyEU Archive

    Segro chief sees no prospect of European REIT

    2008-08-18T00:00:00Z

    National governments in Europe will continue to block the emergence of a pan-European REIT, according to Ian Coull, CEO of UK-based logistics supplier Segro. 'There will be further harmonisation of REIT regimes, but I do not believe a European REIT will be in place in my working lifetime, or in ...

  • PropertyEU Archive

    Europe edges up in FTSE EPRA/NAREIT index

    2008-08-18T00:00:00Z

    European property stocks edged up slightly in July as the FTSE EPRA/NAREIT Global Real Estate Index finished the month up 1.8%. In the same period global equity markets fell -1.4% and the global bond market added 110 basis points.

  • PropertyEU Archive

    IPD index reveals regeneration risks and rewards

    2008-08-18T00:00:00Z

    Property in regeneration areas is still 'a solid option for investors looking for long term returns' but is more vulnerable to market downturns. This was the conclusion drawn by research organisation Investment Property Databank (IPD) at the launch of its latest IPD Regeneration Index in London this week.

  • PropertyEU Archive

    Who's Who Listing

    2008-08-18T00:00:00Z

    PropertyEU's Who's Who 2009 is the most comprehensive and authoritative directory of executives active in all areas of the European commercial property sector. Click on the link below to make sure you are included!

  • PropertyEU Archive

    Niam acquires 41 Swedish properties for EUR 750mln

    2008-08-19T00:00:00Z

    Niam, the Stockholm-based private equity property group, has acquired 41 properties in Sweden from real estate firm AF Fastigheter for EUR 750mln. The majority of the portfolio consists of properties obtained by AP Fastigheter in its recent acquisition of Swedish state-owned property company Vasakronan.

  • PropertyEU Archive

    Arora acquires more airport property assets

    2008-08-19T00:00:00Z

    Arora Family Trust (AFT) has agreed to acquire three development properties from Airport Property Partnership, a joint venture between the UK airport group BAA and asset manager Morley, for £73mln (EUR 92.5mln). Back in March Arora agreed to buy over 30 properties from the joint venture for £265mln. It was ...

  • PropertyEU Archive

    XXI sells interest in Kharkiv business centre

    2008-08-19T00:00:00Z

    Ukrainian real estate firm XXI Century Investments has announced that its 50.01% subsidiary, IC XXI Century Kharkiv, has entered into an agreement to sell its interest in Business Centre Kobzar in Kharkiv, Ukraine's second largest city.

  • PropertyEU Archive

    CLS Holdings sells in France

    2008-08-19T00:00:00Z

    London-listed property investment company CLS Holdings said on Monday that its wholly owned subsidiary Citadel Holdings has completed the sale of three properties in France.

  • PropertyEU Archive

    EXPO REAL and PropertyEU launch search for Europe's greenest developer

    2008-08-19T00:00:00Z

    PropertyEU has joined forces with the EXPO REAL international property fair in Munich to identify and honour the development company with the greenest environmental strategy in Europe.

  • PropertyEU Archive

    Prologis European Properties invests further in PEPF II

    2008-08-19T00:00:00Z

    Prologis European Properties has invested a further EUR 20mln in Prologis European Properties Fund II (PEPF II), a private equity fund established to acquire assets from Prologis' development pipeline in Europe as well as assets from third-parties. The investment, entirely funded from cash in hand, increases PEPR's gross investment in ...

  • PropertyEU Archive

    GLL acquires office building in Brussels

    2008-08-20T00:00:00Z

    GLL Real Estate Partners, a real estate investment company jointly owned by Italian insurance firm Assicurazioni Generali and the management of the firm, has acquired an office property in Brussels for around EUR 40mln.

  • PropertyEU Archive

    HSBC fund enters Romania with trade park buy

    2008-08-20T00:00:00Z

    HSBC's European Active Real Estate Fund has acquired a 50% interest in Expo Market Doraly business park in Bucharest from the developers, Gheorghe and Dorina Iaciu. The transaction volume amounts to EUR 104mln.

  • PropertyEU Archive

    IVG sells office complex in Krefeld

    2008-08-20T00:00:00Z

    Germany's IVG Development has sold the Europa Europark Fichtenhain B project development in the Western German city of Krefeld for an undisclosed amount. The property will consist of a four-storey office and administration building connected to a facility for production, service, and shipping of goods. The buyer is a ...

  • PropertyEU Archive

    Credit Suisse launches global property stocks fund

    2008-08-20T00:00:00Z

    Credit Suisse has recently launched a global real estate equities fund to tap an expected recovery in share prices following sharp declines over the past 18 months, as the bank believes the sector is now approaching the bottom of its freefall.

  • PropertyEU Archive

    'Hundreds' express interest in Dawnay Day's UK portfolio

    2008-08-20T00:00:00Z

    Administrator BDO Stoy Hayward said on Tuesday that it has received several hundred of inquiries about the UK portfolio of ailing UK property group Dawnay Day. BDO Stoy Hayward and real estate services firm DTZ are arranging the sale of over 200 investment properties owned by Dawnay Day in the ...

  • PropertyEU Archive

    Unite obtains planning approval for 2 London schemes

    2008-08-21T00:00:00Z

    Unite Group, the UK's largest manager of branded student accommodation, said on Wednesday that it has secured planning approval for two London sites, which will provide a further 355 beds for students. The company will invest a total of £57.5 mln on the development of the sites.