All Real Assets articles in Web Issue – Page 583
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PropertyEU Archive
ING REIM raises EUR 67m for European Property Strategy
ING Real Estate Regulated Fund Management, part of ING Real Estate Investment Management Europe, said on Tuesday it had raised EUR 67 mln for its European Property Strategy (EPS), an open-ended core fund investing in ING REIM Europe’s platform of non-listed funds.
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PropertyEU Archive
Leading European players join forces in green alliance
Twenty leading European property companies are joining forces in the International Sustainability Alliance (ISA), aimed at creating the world’s biggest environmental property database. Jaap Gillis, Co-Chair of ISA and Chief Operating Officer of Redevco said ISA already represents a growing proportion of Europe's commercial real estate players, operating or occupying ...
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PropertyEU Archive
DIC Asset embarks on mixed-use project in Frankfurt
German property company DIC Asset is taking on a new challenge: the development of a large mixed-use project encompassing eight buildings over 100,000 m[sup]2[/sup] in the heart of Frankfurt.
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PropertyEU Archive
Germany gets its mojo back - King Sturge
The mood at Expo Real this year is positively jubilant compared to a year ago, according to Sascha Hettrich, CEO of King Sturge in Germany. ´Compared to today, last year was very depressing,´ he told PropertyEU. ´This year is completely different, investors are very positive and there is a lot ...
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PropertyEU Archive
Orion chief: bank property sales are on the cards
The current low interest rates are enabling banks to hang onto assets for longer, but change is in the air, Van Stults, managing director of Orion Capital Managers in London, told PropertyEU. ´The attitude is changing somewhat and we feel that banks actually will sell more, particulary in 2011 and ...
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PropertyEU Archive
SilenceSolutions joins Bayer’s EcoCommercial Building Program initiative
Cologne-based SilenceSolutions, a specialist in acoustics for office and industrial buildings, has joined the EcoCommercial Building Program, a global network led by Bayer MaterialScience, both companies announced on Tuesday at the property trade fair EXPO REAL in Munich.
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PropertyEU Archive
Moscow best European city for business expansion: C&W
Moscow is the most favourable European city for businesses looking to expand, according to a survey by property broker Cushman & Wakefield. More companies (47) intend to expand in the Russian capital than any other European city, a jump from 35 in 2009.
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PropertyEU Archive
Colliers CEE boss sees investment market rebound next year
The gap between buyers' and vendors' yield expectations is set to close in the Central and Eastern European real estate market, bringing back investment to the region. ‘The gap between buyers' and vendors' yield expectations has actually halved from 100 basis points a year ago to about 50 bp at ...
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PropertyEU Archive
Rockefeller takes majority stake in Europa Capital
US property investor Rockefeller Group International (RGI) has acquired a majority stake in UK fund company Europa Capital, the companies said in a joint press release. The stake in Europa provides Rockefeller, a subsidiary of Mitsubishi Estate Co, with access to investment opportunities in European real estate, across multiple risk/return ...
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PropertyEU Archive
WP Carey looks at opportunities in Spain, Italy
WP Carey, an international sale-and-leaseback specialist, expects to carry out more deals in Spain following the completion of EUR 115 mln in acquisitions from retailer Eroski earlier this year. 'Prior to those two Eroski deals we had not done anything in Spain before,' WP Carey president Cabot Lodge told ...
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PropertyEU Archive
Catella plans more special funds to meet demand
European advisory firm Catella plans to launch two to three new special funds (spezialfonds) focusing on niche segments. ‘There is significant institutional demand for this type of fund,’ Bernhard Fachtner, head of Catella’s KAG responsible for German funds, told PropertyEU at EXPO REAL.
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PropertyEU Archive
Prime property yields will continue to fall - CBRE
The ‘polarised’ recovery of prime and secondary commercial property markets, which has seen investment interest highly concentrated at the prime end of the market, is expected to continue for the foreseeable future, property adviser CB Richard Ellis said today at Expo Real in Munich.
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PropertyEU Archive
Unibail-Rodamco CDO resigns in surprise move
Unibail-Rodamco said on Tuesday that its chief development officer Bertrand Julien-Laferrière is resigning as of 15 October. The company said it thanked Julien-Laferrière for his 'significant contribution' to the company but made no further comment about the reasons behind the resignation.
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PropertyEU Archive
PGGM CIO Johan van der Ende steps down
Dutch pension fund PGGM’s Chief Investment Officer (CIO) Johan van der Ende will leave the company on 1 November 2010. PGGM cited differences in ‘mutual expectations’ within the company’s executive committee as the reason for Van der Ende’s departure.
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PropertyEU Archive
'Regulated by RICS’ designation coming to Europe
The Royal Institution of Chartered Surveyors (RICS) is introducing its quality standard for companies in Continental Europe. The ‘regulated by RICS’ designation provides a system to ensure compliance with the organisation’s requirements and deal with complaints. RICS pioneered the designation in the UK two years ago. RICS president Robert Peto ...
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PropertyEU Archive
Opernturm deal raises eyebrows during EXPO panel
Reports that JP Morgan is closing in on the acquisition of the Operturm office tower in Frankfurt for EUR 500-600 mln raised some eyebrows during a panel discussion at EXPO REAL on Tuesday. German newspaper Handelsblatt reported that JP Morgan is the last remaining bidder for Tishman Speyer’s 168-metre tower ...
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PropertyEU Archive
PropertyTV at EXPO REAL
Click on the link below to watch the latest PropertyTV interviews with leading real estate professionals at the EXPO REAL fair in Munich. The interviewees include Olivier Piani, Allianz Real Estate; Van Stults, Orion Capital Managers; Menno Maas, DTZ; Johan Ericsson, Catella and Philip Dunne, Prologis Europe.
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PropertyEU Archive
German market not facing serious inflation threat - King Sturge
Property broker King Sturge says it sees no signs that the lively German real estate market is facing any serious threat of a rise in inflation, which is currently at about 1%. King Sturge expects inflation to increase slightly in the coming years, but is not aware of any signs ...
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PropertyEU Archive
Henderson to launch its first German retail fund
Henderson is to launch its first dedicated German retail fund, Mike Sales, the company's head of global property investment, told PropertyEU. 'We are marketing our German Retail Income Fund and talking to German retailers simultaneously. We would like to raise EUR100 mln by the year-end,' Sales said.
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PropertyEU Archive
SEB's Knoflach: special funds are the way of the future
Mixed German open-ended funds (GOEFs) are going through the 'painful process of disappearing' while vehicles exclusively for retail investors or those just for institutional investors 'definitely have a future', according to Barbara Knoflach, CEO of SEB Asset Management..
