All Real Assets articles in Web Issue – Page 519
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PropertyEU Archive
German funds see EUR 1b inflows in February
Germany's 45 open-ended property funds raised EUR 1 bn in new equity in February, bringing total fund capital to EUR 89.4 bn, according to the latest figures from German fund industry body BVI. This compares with a total of EUR 88.3 bn at end-January and EUR 85.4 bn a year ...
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PropertyEU Archive
Banimmo acquires retail complex in Rouen at 7% yield
Brussels and Paris-listed Banimmo has signed a new sales agreement for the acquisition of a retail complex in the French city of Rouen for EUR 12 mln, reflecting a yield of 7%.
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PropertyEU Archive
Hines acquires Domkaskaden in Hamburg
The Hines Pan-European Core Fund (HECF) has acquired Domkaskaden, its first asset in Hamburg, from German developer Quantum Immobilien. The financial details of the deal were not disclosed.
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PropertyEU Archive
AEW Europe sells two retail units in Amersfoort
European Property Investors, a fund managed by AEW Europe, has sold two retail warehouses in Amersfoort to a private investor. The asset located at Amsterdamseweg 45-47 has a total area of around 6,200 m[sup]2[/sup] and 55 parking places and is let to Monkey Town, Golftime, Kwantum Nederland and Roobol Woontextiel.
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PropertyEU Archive
Assos Capital on the verge of new deals in Southeastern Europe
Assos Capital, the private equity real estate investor focused on Southeastern Europe, is looking at a number of new projects in the region after opening Bulgaria's largest shopping centre in Sofia this month. 'We've got a couple of projects in the pipeline although we have not pulled the trigger yet ...
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PropertyEU Archive
Delfin, Batipart dissolve shareholder pact in France's FdR
Batipart and Delfin, the two major investors in Fonciere des Regions (FdR) with 36% of the shares, have agreed to terminate a shareholder accord which gave them control of the French office REIT. In a statement, the two companies gave no explanation for their decision but said that they both ...
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PropertyEU Archive
Tenant demand likely to stimulate office development in London: C&W
London's key office markets of the West End, City and Docklands have returned to significant growth in the first three months of 2010 as companies have moved quickly to take advantage of relatively low rents and the gradually dwindling supply of best quality space.
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PropertyEU Archive
European deals hit EUR 13b in first quarter
PropertyEU Research recorded a total of EUR 13.4 bn in real estate investment deals in the first quarter of 2010. This figure is 15% up on the first three months of 2009.
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PropertyEU Archive
ULI announces 14 finalists for 2010 Awards
Fourteen developments have been selected as finalists in the Urban Land Institute's (ULI) Awards for Excellence: Europe, Middle East, and Africa (EMEA) competition, widely recognized as the land use industry’s most prestigious recognition programme.
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PropertyEU Archive
ICSC launches 2010 European remuneration survey
The International Council of Shopping Centers (ICSC) is launching a European Retail Real Estate Remuneration Survey, to deliver the first-ever shopping centre industry-specific comparative benchmarking source.
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PropertyEU Archive
Sveafastigheter raises EUR 90m for third Nordic fund
Swedish private equity real estate firm Sveafastigheter said it has raised around EUR 90 mln of equity in the first closing of its third Nordic property investment fund. The funds were collected from Swedish institutional investors, high network individuals and the company management, it added.
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PropertyEU Archive
Hines' Postquartier awarded LEED Gold pre-cert
The Stuttgart office of Hines announced that Postquartier has earned Gold pre-certification under the US Green Building Council's LEED for Core & Shell Rating System. Postquartier is positioned to be the first LEED certified property in Stuttgart and the first LEED certified redevelopment project in all of Germany.
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PropertyEU Archive
Diligentia hires Skanska to renovate Väla Centrum in Sweden
Diligentia, one of Sweden's largest real estate companies, has contracted construction giant Skanska to extend its Väla Centrum shopping centre outside the Swedish city of Helsingborg. The contract amounts to SEK 330 mln (EUR 34 mln).
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PropertyEU Archive
New CEO takes over at Sonae Sierra
Shopping centre specialist Sonae Sierra has announced that Fernando Guedes de Oliveira took over as CEO at the beginning of April following the departure of Álvaro Portela.
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PropertyEU Archive
Pointpark signs deal with Logflex
PointPark Properties (P3), has signed an agreement with transport company Logflex for a lease of 3000 m[sup]2[/sup] of warehouse and office space at PointPark Prague D1.
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PropertyEU Archive
Degi sells City office to Meag for EUR 115m
Degi, part of Aberdeen Property Investors, has sold the 30 Finsbury Square office scheme in the City of London to German fund manager Munich Ergo Asset Management for £102 mln (EUR 115 mln), well-informed sources told PropertyEU. A spokesperson for Meag has confirmed the acquisition, which reflects a yield of ...
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PropertyEU Archive
SEB acquires Cap de Paris office building for EUR 50m
SEB Asset Management has acquired the Cap de Paris office building in the Montrouge district of Paris for about EUR 50 mln. The property is fully leased to French publishers La Martinière Groupe for a fixed term of six years beginning from March 2010.
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PropertyEU Archive
Klepierre raises EUR 900m on capital markets
Klépierre has raised a total of EUR 900 mln in two transactions on the debt capital markets. The Paris-listed real estate group said the transactions will enable it to refinance its next debt maturities under satisfactory conditions and over long durations, while also reinforcing its ability to finance its ...
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PropertyEU Archive
Foruminvest completes sale of Belgian mall
European investor-developer Foruminvest announced the sale of the K shopping centre in Kortrijk, Belgium to Germany's Union Investment on Thursday.
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PropertyEU Archive
Holowent's bid for NR Nordic & Russia fails
Holowent, the investment vehicle of the Livingstone brothers, has failed in its takeover bid for NR Nordic & Russia Properties. Euronext-listed NR Nordic & Russia is a real estate investor focusing on Russia, the Baltics and the Nordic region.
