All Real Assets articles in Web Issue – Page 426
-
PropertyEU Archive
Nannette books loss in H1
Nanette Real Estate Group, the Central & Eastern European focused residential real estate developer, reported a pre-tax loss of EUR 5.6 mln in the first half of 2009 compared to a profit of EUR 4.4 mln in the year-earlier period. Turnover plunged to EUR 2 mln from EUR 10.6 mln ...
-
PropertyEU Archive
Santander provides £55m financing to London & Stamford
Santander Corporate Banking has provided refinancing of £55.3 mln (EUR 63.4 mln) to London & Stamford Property for its City office building at One Fleet Place, London EC4.
-
PropertyEU Archive
Conwert appointed asset manager for German fund
Alt+kelber, part of Vienna-listed residential property company Conwert, is taking on the asset management for a new closed-end property fund established by DWS, Germany's largest fund company. The planned fund volume of DWS ACCESS Wohnen is EUR 120 mln.
-
PropertyEU Archive
Court backs Brixton takeover scheme
The Board of Brixton announced on Monday that a London court has approved the share exchange scheme whereby the UK industrial real estate investment trust is to be taken over by its rival Segro.
-
PropertyEU Archive
Profile: Ian Coull of Segro
When Ian Coull moved from Sainsbury's to become CEO of Slough Estates (now Segro) in 2003 he was embraced as a the person who could shake up the company. After a few years his critics had become more vocal about the perceived lack of progress in transforming the company’s fortunes. ...
-
PropertyEU Archive
Eurohypo, RBS sign debt facility with Threadneedle
Eurohypo, Europe's largest commercial real estate bank, has acted as agent and co-underwriter, on a 50/50 basis with Royal Bank of Scotland, to provide Threadneedle Strategic Property Fund IV - the latest open-ended property fund to be launched by Threadneedle - with a £130 mln (EUR 150 mln) debt facility.
-
PropertyEU Archive
UK entrepreneur sets up UK investment venture
Martin Barber, the co-founder and former chief executive of Capital & Regional, is to return with a business aiming to buy UK commercial property, Financial Times reported on Monday.
-
PropertyEU Archive
Epra pushes for transparency
Cross-border comparability of investment metrics such as net asset value (NAV) is becoming increasingly important. Epra's Best Practice Recommendations aim to raise the bar, writes Epra's Fraser Hughes, Mike Speelman and Gareth Lewis.
-
PropertyEU Archive
Aberdeen sees improved performance outlook for Benelux
The performance outlook for the Benelux property markets is improving, according to the latest report from Aberdeen Property Investors. Occupier markets may have weakened, but market re-pricing has reduced the scope for further outward yield shifts and rental growth prospects in the medium to longer term are improving, according to ...
-
PropertyEU Archive
C&W acquires Japanese asset manager
Cushman & Wakefield has acquired Pacific Investment Corporation, the private fund asset management subsidiary of Japanese real estate fund giant Pacific Holdings Group. The firm will operate in future as Cushman & Wakefield Asset Management KK.
-
PropertyEU Archive
NAI apollo: Frankfurt market is stabilising
The investment market in Frankfurt has reached a level of attractiveness that has not been seen for the last eight years, according to the latest office market report of NAI apollo for the first half of 2009.
-
PropertyEU Archive
Segro finalises Brixton takeover
London and Paris-listed Segro has become the leading industrial property REIT in Europe following the completion of the takeover of Brixton on Tuesday. The combined group has EUR 6.4 bn of property under management.
-
PropertyEU Archive
New development falls sharply in the Netherlands
The volume of new office developments in the Netherlands fell 30% in 2008 compared to 2007 while the number of building permits for new offices plunged by almost half. These are the key findings of the annual survey of the Dutch developers association Neprom in conjunction with PropertyNL.
-
PropertyEU Archive
Prime Property Management set to expand its German portfolio
Prime Strategic Germany has changed its name to Prime Property Management and intends to expand in the following months. The company, which was founded in October 2007, specialises in asset management of commercial properties on behalf of national and international investors.
-
PropertyEU Archive
Max to take over Industrious Group as planned
UK real estate firm Max Property has received confirmation from the receivers of failed Industrious Group that it may complete the £232 mln (EUR 265 mln) acquisition as planned by 7 October.
-
PropertyEU Archive
Westfield books loss in H1 after more writedowns
Westfield Group, the world's largest owner of shopping centres, reported a first-half net loss of A$708 mln (EUR 411 mln) reflecting a A$2.9 bn writedown on the value of its property portfolio.
-
PropertyEU Archive
Plaza Centers books loss in H1
Plaza Centers, the emerging markets property developer, reported a net loss of EUR 28.4 mln in the first half of this year mainly reflecting fair value changes of issued bonds. In the year-earlier period, the Amsterdam-listed company booked a profit of EUR 44.5 mln.
-
PropertyEU Archive
London hotel occupancy exceeds 2008 levels
London hotel occupancy figures for July 2009 exceeded levels achieved in the same month last year, according to the latest HotStats survey by industry experts, TRI Hospitality Consulting.
-
PropertyEU Archive
Global CEO LaSalle IM moves to Asia
LaSalle Investment Management announced on Wednesday that its CEO Jeff Jacobson will relocate to LaSalle's Asia headquarters in Singapore effective 1 January 2010.
