All Real Assets articles in Web Issue – Page 639

  • PropertyEU Archive

    Italian fund industry enters crisis mode

    2011-02-28T00:00:00Z

    Serious market unrest prompted by proposed new rules for Italy's real estate funds is hampering the sector's profitability and reputation with international investors, market experts have warned. Luigi Pischedda, country manager Italy at IPD, says uncertainty reigns among Italian fund managers after the government failed to clarify the intent and ...

  • PropertyEU Archive

    OVG tops ranking office developers

    2011-02-28T00:00:00Z

    OVG, the Rotterdam-based developer led by Coen van Oostrom, heads this year's PropertyEU ranking of leading office developers in Europe thanks to new projects in markets outside its home country including Düsseldorf, Zaventum, Vienna and Grenoble. The bulk of the projects involve office or mixed-use developments, with the exception of ...

  • PropertyEU Archive

    Doughty Hanson snaps up Spanish malls for EUR 120m

    2011-03-01T00:00:00Z

    Doughty Hanson & Co Real Estate has acquired two shopping centres in Spain from Sonae Sierra for EUR 120 mln. The private equity real estate investor bought Plaza Eboli, a neighbourhood mall located in Pinto, one of the main towns in the southern Madrid metropolitan area, and El Rosal, a ...

  • PropertyEU Archive

    FdM, Predica in EUR 173m Campanile hotel deal

    2011-03-01T00:00:00Z

    Foncière des Murs (FdM) and Predica have stepped up their partnership in the hotel sector with a major property acquisition in France. The pair have signed a memorandum of understanding with Louvre Hôtels to acquire a portfolio of 33 Campanile hotels for EUR 173 mln.

  • PropertyEU Archive

    Warburg-Henderson raises EUR 200 mln for pan-European fund

    2011-03-01T00:00:00Z

    Henderson Global Investors’ joint venture partnership in Germany - Warburg-Henderson - has won the mandate of four local pension funds for a pan-European special fund - KOOP Fund. Two of the investors are new clients for the fund manager, while the other two are existing investors.

  • PropertyEU Archive

    Espais refinances EUR 630m debt load

    2011-03-01T00:00:00Z

    Spanish real estate developer Espais has clinched a refinancing deal for its EUR 630 mln debt pile. The Barcelona-based company has agreed to transfer properties to its creditor banks in exchange for debt reduction and liquidity.

  • PropertyEU Archive

    Vastned funds to abandon joint management

    2011-03-01T00:00:00Z

    Vastned Offices/Industrial and Vastned Retail have announced their intention to end their existing joint cooperation for the management structure from 1 January 2012. 'As a result of the termination of the cooperation both funds will have their own management team. With a view to the specific market conditions even more ...

  • PropertyEU Archive

    Sentiment hits all-time high in Germany: King Sturge

    2011-03-01T00:00:00Z

    The springtime recovery of the German macro-economy is spilling over into the real estate industry. This is the key conclusion of the monthly King Sturge Real Estate Economy Index in its February survey among 1,000 relevant market players.

  • PropertyEU Archive

    LaSalle gets green certs for Le Delage and Le Bleriot

    2011-03-01T00:00:00Z

    LaSalle Investment Management has announced that its French office buildings, Le Delage and Le Bleriot have been awarded green certification.

  • PropertyEU Archive

    JLL boosts UK Retail team

    2011-03-01T00:00:00Z

    Jones Lang LaSalle's Property and Asset Management business in the UK has announced that Catherine Lambert, head of its Retail Management team, has moved into a new role as chairman of Retail Management whilst Richard Davies takes the role of lead director. Lambert, who joined the firm from CBRE in ...

  • PropertyEU Archive

    Online shopping boosts European retail sales: CBRE

    2011-03-01T00:00:00Z

    Online retailing emerged as the big winner over the 2010 Christmas period as many European markets saw shoppers increase their spending via the internet, bolstering retail sales growth in Europe, according to the latest analysis by CB Richard Ellis (CBRE).

  • PropertyEU Archive

    Raven Russia buys warehouse project in Moscow

    2011-03-01T00:00:00Z

    Warehouse specialist Raven Russia has agreed to buy Karta Realty, the owner of the Southgate warehouse project in the Domodedovo district of Moscow, for $54.5 mln (EUR 39.5 mln). The Southgate project is located close to the international airport and comprises a Grade A warehouse complex of 76,550 m2, which ...

  • PropertyEU Archive

    EuropaFeldberg recruits Schaal for new core fund

    2011-03-01T00:00:00Z

    European property fund manager EuropaFeldberg has announced the appointment of Stephan Schaal to its investment team as investment director.

  • PropertyEU Archive

    Developers see project pipelines expand

    2011-03-01T00:00:00Z

    Europe's leading developers have slightly fuller pipelines in volume terms compared with 2010, marking a turnaround from the past three years when projects were put on ice or scrapped altogether due to lack of financing. The overall pipeline figure for the top 25 developers in Europe grew by around 5% ...

  • PropertyEU Archive

    European stocks outperform in February

    2011-03-01T00:00:00Z

    European listed stocks turned in the best performance globally in February, with the GPR 250 Europe Index rising 5.4% over the month. Asian stocks fared less well, with the GPR 250 Asia falling 0.8%.

  • PropertyEU Archive

    Savills expands in Sweden

    2011-03-01T00:00:00Z

    International real estate advisor Savills has acquired Stockholm-based property management firm Stadsmuren, providing a new service offering for its clients in Sweden and adding to its European property management network.

  • PropertyEU Archive

    Fahrer joins Warburg-Henderson to oversee Koop fund

    2011-03-01T00:00:00Z

    Hamburg-based Warburg-Henderson has appointed Daniel Fahrer as new senior portfolio manager with responsibility for the new Koop fund.

  • PropertyEU Archive

    Bouwfonds REIM to roll out 2nd European parking fund

    2011-03-02T00:00:00Z

    Bouwfonds Real Estate Investment Management plans to launch a second European parking fund for institutional investors in the first quarter of 2011. Bouwfonds European Real Estate Parking Fund II will invest in a diversified pan-European portfolio of prime car parks. The target size of the fund will be EUR 500 ...

  • PropertyEU Archive

    Resurgence in cross-border investment to continue in 2011: JLL

    2011-03-02T00:00:00Z

    The growth in cross-border investment seen in 2010 is expected to continue in 2011 as investors move up the risk curve, according to new research from Jones Lang LaSalle's global capital markets experts. Global cross-border investment increased by 60% year-on-year and accounted for 40% or $130 bn (EUR 94 bn) ...

  • PropertyEU Archive

    Sveafastigheter closes third fund with EUR 317m

    2011-03-02T00:00:00Z

    Nordic real estate private equity firm Sveafastigheter has held the third and final close in its latest fund, Sveafastigheter Fund III. Including previous commitments, the fund has now received capital commitments totalling EUR 317 mln.