All Real Assets articles in Web Issue – Page 404
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PropertyEU Archive
BPF Bouwinvest to develop property funds for third parties
BPF Bouwinvest, the property arm of Dutch construction industry pension fund BPF Bouw, plans to develop real estate investment funds for other pension funds and asset managers.
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PropertyEU Archive
Multi signs contracts with Palace cinemas for Czech malls
Multi Development Czech Republic and cinema operator Palace Cinemas have signed lease contracts for three newly planned multi-cinemas.
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PropertyEU Archive
Homburg focuses exclusively on income-producing properties
Toronto and Amsterdam-listed real estate group Homburg Invest has decided to focus the company's activities exclusively on income producing properties.
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PropertyEU Archive
Kemper's: Spanish retailer expands into Germany
The Spanish young fashion chain store company Desigual has kicked off its expansion into Germany at Berlin's prime location Tauentzienstrasse 14. Real estate adviser Kemper's Jones Lang LaSalle said the fashion labels new flagship store is at the former location of Appelrath&Cüpper.
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PropertyEU Archive
Multi Turkmall groundbreaks Forum Kayseri
Multi Turkmall has celebrated a groundbreaking ceremony to mark the start of construction of Shopping and Lifestyle Centre Forum Kayseri in the Central Anatolia region of Turkey.
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PropertyEU Archive
London and Paris head new JLL/Experian retail ranking
London and Paris occupy first and second position in the 2009 European Retail Centre Rankings in terms of consumer spending have some of the highest prime rents.
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PropertyEU Archive
Time to invest in UK - King Sturge
International property consultant King Sturge is advising that it is now time to invest in property in the UK, and particularly in London.
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PropertyEU Archive
Klepierre refinances EUR 2.25bn debt with BNP Paribas
France's Klepierre has announced it has refinanced EUR 750 mln and EUR 1.5 bn of syndicated loans due for repayment in June 2011 and January 2013 respectively. As part of the deal, the French retail property company has agreed a new EUR 2.4 bn financing line with BNP Paribas, its ...
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PropertyEU Archive
San Jose sells 20% of Parquesol for EUR 50m
Argentinean businessman Diego Eduardo León has invested EUR 50 mln to buy a 20.25% stake in Spanish property company Parquesol.
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PropertyEU Archive
Italian real estate funds set to rise to EUR 40bn
Italian real estate funds are set to increase in value from EUR 34.7 bn in 2008 to EUR 39 bn by the end of 2009, according to the latest research report by Italy's research institute Scenari Immobiliari. This represents an increase of 11% and 17% compared to 2008 and 2007 ...
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PropertyEU Archive
Beni Stabili sells office building in Bologna for EUR 40m
Italian listed property company Beni Stabili has signed a preliminary agreement to sell an asset of the Imser 60 portfolio to an undisclosed buyer. The transaction price of EUR 39 mln compares to an appraised value for the asset of EUR 38 mln at end-2009.
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PropertyEU Archive
Cap & Reg: X-Leisure fund to raise EUR 59m
Capital & Regional, the co-investing property asset manager in the UK, has said it expects the open offer of units in the X-leisure fund will be fully subscribed and will raise £50 mln (EUR 59 mln).
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PropertyEU Archive
AEW Europe appoints head of European fund management
AEW Europe has appointed Rob Wilkinson as managing director, head of European Fund Management and Separate Accounts. Wilkinson, who joins on 6 July, will also head the London office of AEW Europe. He will report to European CEO Christian Delaire.
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PropertyEU Archive
Segro agrees all-share offer for Brixton
UK industrial REIT Segro said on Monday it had reached agreement with rival Brixton to make an all-share offer for the company subject to due diligence and final approval by the Segro board.
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PropertyEU Archive
Hanseatic Group pulls out of GWB capital increase
German real estate company GWB Immobilien has announced that it has been informed Hanseatic Group no longer intends to invest in GWB by taking part in a capital increase.
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PropertyEU Archive
SLI sells Fortis HQ in Madrid to private investor
Standard Life Investments, on behalf of its European Property Growth Fund (EPGF), has sold Fortis' headquarters at Serrano, 73, in the Salamanca district of Madrid to a private Spanish investor. Although the transaction price was not disclosed, the asset is understood to have fetched around EUR 35 mln.
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PropertyEU Archive
H&M renews leases at Vastned properties in France
Pan-European property investor Vastned Retail has renewed the lease at rue de Rivoli 118- 120 in Paris, its main retail property in France, with fashion retailer Hennes & Mauritz (H&M).
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PropertyEU Archive
German mall operator Mfi joins fray for Karstadt stores
Management für Immobilien (Mfi), one of Germany’s leading shopping centre operators, has said it would be interested in taking over 20 of insolvent retail group Arcandor's 91 Karstadt department stores. In an interview with financial daily Handelsblatt, Mfi ceo Matthias Böning said he had identified 20 store locations which could ...
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PropertyEU Archive
European investment plunges 74% in Q1
European investment volumes in the first quarter of 2009 plunged 74% year-on-year to just EUR 11.4 bn, according to the latest investment update from Cushman & Wakefield. No market was unscathed, the adviser said.
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PropertyEU Archive
Befimmo raises EUR 166m in rights issue
Listed Belgian property company Befimmo said its rights issue which closed on 22 June had been fully subscribed, generating the targeted gross proceeds of some EUR 166.6 mln which will be used to bolster its financial position.
