All Real Assets articles in Web Issue – Page 549
-
PropertyEU Archive
Rockspring's EUR 700m UK Value fund carries out acquisitions
London-based independent property fund manager Rockspring Property Investment Managers has announced the final closing of its EUR 700 mln UK Value fund. The closed-ended English Limited Partnership focuses on commercial property in the UK which offers scope for near-term capital appreciation and income growth.
-
PropertyEU Archive
Dev Secs acquires central London property
UK property firm Development Securities has announced that it has acquired Westminster Palace Gardens, Artillery Row in Victoria, London in a joint venture with Caenwood Ventures.
-
PropertyEU Archive
LaSalle appoints Gabbay as CIO Asia Pacific
LaSalle Investment Management (LaSalle) has announced the appointment of Mark Gabbay as international director and chief investment officer for Asia Pacific. He will be based in LaSalle's Hong Kong office.
-
PropertyEU Archive
SLI appoints new head of property investments
European fund manager Standard Life Investments has announced the appointment of David Paine to the position of new head of Property Investments. The initiative follows the decision by Alex Watt, managing director of SLI's Property Investments to take early retirement in November this year.
-
PropertyEU Archive
Ghelamco awarded first BREEAM cert in Poland for Trinity Park
Real estate developer Ghelamco has announced that it is the first company in Poland to be awarded the BREEAM sustainability certificate. The certificate is for the Trinity Park III office building in Warsaw.
-
PropertyEU Archive
AXA Real Estate launches US distribution platform
AXA Real Estate Investment Managers (AXA Real Estate), a leading real estate manager in Europe and 2nd globally with EUR 38.2 bn of assets under management, has announced the opening of its new US distribution platform.
-
PropertyEU Archive
LGP buys two retail schemes for redevelopment
Legal & General Property (LGP) has acquired two retail and leisure schemes with development potential in the UK. The assets, which comprise the Blenheim Centre in Hounslow and Castle Place Shopping Centre and St Stephen's Place in Trowbridge, were acquired for £35.5 mln (EUR 43 mln) and £7.8 mln (EUR ...
-
PropertyEU Archive
Real I.S. creates new fund unit
Real I.S. said that it has received approval from the German Federal Financial Supervisory Authority (Bafin) for the launch of a range of real estate investment funds for institutional investors.
-
PropertyEU Archive
Ukraine's largest retail scheme opens its doors
AIM-listed Argo Real Estate Opportunities Fund is opening the third and final phase of its Riviera Shopping City, Ukraine's largest shopping and entertainment complex. The 80,000 m[sup]2[/sup] scheme is the first Ukrainian retail project inaugurated by an international developer in the past year since the global credit crisis sparked a ...
-
PropertyEU Archive
Sponda sells residential land in Helsinki
Property investment company Sponda has sold a two-hectare land area in the Hakuninmaa district of Helsinki to Skanska Talonrakennus for some EUR 6.5 mln.
-
PropertyEU Archive
Valad fund secures EUR 204m refinancing
German nationalised lender Deutsche Pfandbriefbank and Bank of Scotland have renewed a EUR 204 mln facility to V+UK fund for the refinancing of a UK commercial portfolio. The fund is managed by Valad Property Group.
-
PropertyEU Archive
Sabadell sells Barcelona property for EUR 50m
Spanish banking group Sabadell has reached an agreement with clothing retailer Mango on the sale of a mixed-use asset located in Barcelona on the Paseo de Gracia high street. The transaction price amounts to over EUR 50 mln, representing a capital gain of EUR 30 mln for the financial institution.
-
PropertyEU Archive
Unilever pension fund commits EUR 70m to ING Dutch funds
Unilever's pension fund Progress has signed an agreement to commit over EUR 70 mln to two ING Dutch funds. The first investment has already been made in the ING Dutch Residential Fund, with an investment in the ING Dutch Retail Fund following later this year.
-
PropertyEU Archive
AEW Europe sells EUR 79m of logistics assets
Fund manager AEW Europe has sold three logistics facilities in France for a total of EUR 79 mln. The assets have been sold to an undisclosed German fund and to French property developer Argan on behalf of its Logistis II fund for an average yield of 7%.
-
PropertyEU Archive
Sweden removes rent impediment after EPF legal challenge
The European and Swedish Property Federations have welcomed the Swedish parliament's decision to adopt legislation to remove municipal housing companies' role in setting rents. The legislation is due to come into force on 1 January 2011.
-
PropertyEU Archive
ULI announces Awards for Excellence winners
The Urban Land Institute (ULI) Europe has announced four winners for its Awards for Excellence EMEA competition. They are: Citilab in Barcelona; Mumuth Music Theatre in Graz; Palazzo Tornobuoni in Florence and the new district Miasteczkzo Wilanow in Warsaw. The awards were announced on Monday at ULI Europe's Trends ...
-
PropertyEU Archive
Barbel Schomberg forms real estate consulting firm
Former Degi executive Bärbel Schomberg, together with Dr. Karl Ohl, have launched a new real estate consultancy firm called Schomberg & Co Real Estate Consulting which will provide investment strategy, fund management, and asset management advisory services.
-
PropertyEU Archive
Chamartín Meermann gears up for IPO
German developer Chamartín Meermann Immobilien has announced that it is preparing for an Initial Public Offering (IPO) on the Prime Standard segment of the Frankfurt stock exchange. 'We see the IPO as the next logical step in our growth strategy,' said Heinz Meermann, company founder and chairman of the supervisory ...
-
PropertyEU Archive
F&C launches UK open-ended fund
F&C is set to launch a new open-ended UK property fund, managed by F&C REIT, the specialist asset manager founded in 2008 through the merger of REIT Asset Management and F&C Property Asset Management. F&C REIT currently manages some £7.5 bn of property assets, making it one of the largest ...
-
PropertyEU Archive
Minerva, Northacre sells 11 exclusive apartments for EUR 132m
Joint venture partners Minerva and Northacre have announced that they have exchanged contracts with unnamed parties to sell 11 apartments in an exclusive residential project overlooking Hyde Park in London for a total of £107.5 mln (EUR 132 mln).
