All Real Assets articles in Web Issue – Page 584
-
PropertyEU Archive
Expo Real 2010 exhibitor numbers up 4%
The 13th edition of the Expo Real property trade fair which took place in Munich this week drew 1,645 exhibitors, 4% more than 2009, deputy managing director Eugen Egetenmeier of fair organiser Messe Muenchen said at the closing press conference on Wednesday.
-
PropertyEU Archive
BNP Paribas REIM to launch EUR 300m retail property fund
European fund manager BNP Paribas Real Estate Investment Management is working on a new retail property investment fund for institutional investors. The vehicle, which will have a volume of EUR 300 mln, will focus on retail box properties across Italy.
-
PropertyEU Archive
Economy, debt mountain and regulation are investor headaches: AEW
Investors are circling European real estate markets again, but the slowing economic recovery, a ‘mountain of debt’ hanging over the sector and the challenge posed by new regulatory requirements should keep the prudent focused on secure income-producing assets, AEW Europe analysts told investors and journalists at a seminar held in ...
-
PropertyEU Archive
Altarea to refocus on dominant shopping centres
French listed group Altarea is selling a EUR 300 mln portfolio of small city-centre retail assets this year as part of its strategy to re-focus the business on dominant shopping centres.
-
PropertyEU Archive
Institutional investors to switch from GOEFs to spezialfonds: CBRE
New legislative changes will see institutional capital leave the German open-ended fund (GOEF) sector and be invested instead in dedicated special funds (spezialfonds), according to a still to be published report by CB Richard Ellis (CBRE).
-
PropertyEU Archive
Taipei City targets retailers at EXPO REAL
Tapei city is represented for the first time ever at this year’s edition of EXPO REAL in a bid to attract international investors to the city, Li Yung-Cheng, deputy commissioner of the Department of Finance of Tapei City Government, told PropertyEU in an interview.
-
PropertyEU Archive
Market still divided into prime 'and the rest’
The current situation whereby the real estate market is divided into 'prime and then everything else' is not going to change just yet, according to Michael Kröger, general manager of real estate finance at German bank Helaba.
-
PropertyEU Archive
PEPR renews leases on 250,000m[sup]2[/sup] in southern Europe
Euronext-listed Prologis European Properties (PEPR) has completed lease renewals, totalling 250,600 m[sup]2[/sup] of distribution space, in France and Spain.
-
PropertyEU Archive
Real I.S. in EUR 150m fundraising for German retail fund
Real I.S. has unveiled plans for a new EUR 300 mln investment fund focusing on German retail properties. The German fund manager is looking to raise EUR 150 mln of equity from institutional investors for the German Retail Fund. With leverage, the fund will have a spending power of EUR ...
-
PropertyEU Archive
Hardstone buys CB16 tower at La Défense
The Parlyo II investment fund, managed by Hardstone, has acquired the CB16 tower in the Parisian business district of La Défense. The property was sold by Aberdeen Immobilien KAG, acting on behalf of the frozen Degi Europa open-ended real estate fund.
-
PropertyEU Archive
Deutsche Euroshop buys Hamburg mall for EUR 160m
Hamburg-based shopping centre investor Deutsche Euroshop has announced the purchase of the Billstedt-Center in Hamburg, its second shopping centre in the region. The property was acquired from Prime Commercial Properties. The transaction, expected to be completed on 1 January 2011, represents an investment of EUR 160 mln, and a net ...
-
PropertyEU Archive
Aberdeen gloomier on market conditions
Aberdeen Asset Management is more pessimistic on the real estate sector than at the beginning of the year. ‘Back then investors had a little more appetite for risk. Then after Easter the debt crisis appeared on the horizon in Greece and sentiment tightened,’ Alessandro Bronda, Head of Investment Strategy at ...
-
PropertyEU Archive
SFL appoints Unibail-Rodamco director as CEO
French listed real estate group Societe Fonciere Lyonnaise (SFL) has announced the appointment of Bertrand Julien-Laferriere as the company's CEO.
-
PropertyEU Archive
Deka office building rated gold by German green building council
Deka Immobilien has announced that its Kranhaus Sud office building in Cologne has been awarded a gold certificate by the German Green Building Council. Deka bought the building in April this year for EUR 65 mln and added it to its global property fund. The main tenant of the 16,400 ...
-
PropertyEU Archive
Greenprint launches first carbon index
Greenprint Foundation, a worldwide alliance of leading real estate owners, investors, and financial institutions committed to reducing carbon emissions across the global property industry, has launched its first Greenprint Carbon Index.
-
PropertyEU Archive
Perella Weinberg closes purchase of Ruhrpark mall
US financial services group Perella Weinberg has completed the acquisition of the Ruhrpark shopping centre in Bochum, Germany. The investment volume is believed to be in the region of EUR 300 mln. The property is earmarked for Perella Weinberg Real Estate Fund I, which focuses on European real estate and ...
-
PropertyEU Archive
Development resumes at La Défense
Around 100,000 m[sup]2[/sup] of office space has been delivered at La Défense this year, according to Raphael Catonnet, deputy managing director of EPAD, the body overseeing development in the Parisian business district.
-
PropertyEU Archive
European property stocks return 6.7% in September: GPR
European real estate stocks as represented in the GPR 250 Europe Index registered a strong return of 6.7% in September.
-
PropertyEU Archive
FdM buys EUR 85m of B&B hotels, plans capital increase
Foncière des Murs (FdM) has signed a purchase agreement with the B&B group for a portfolio of hotels, representing 1,980 rooms, for a price of EUR 85 mln, including fees. The portfolio consists of hotels located in France and Germany, in use and under development.
-
PropertyEU Archive
Citadel acquires Colt Telecom's French HQ
London-listed CLS has announced that its subsidiary, Citadel Holdings, has acquired Colt Telecom’s data centre and French HQ in the southern suburb of Malakoff, Paris. The investment volume comes to EUR 14.33 mln.
