All Real Assets articles in Web Issue – Page 657

  • PropertyEU Archive

    Empty offices loom across Europe

    2011-04-07T00:00:00Z

    If no action is taken, office vacancy rates could increase substantially in Europe in the coming years, writes Paul Wessels MRICS, director Research at PropertyEU in the April edition of the magazine.

  • PropertyEU Archive

    Deal Analysis: CMBS deals creep back

    2011-04-07T00:00:00Z

    Despite continuing concerns about the economic fundamentals, activity in the European real estate investment market is picking up. January and February saw more and bigger deals in the real estate market, the return of creative financing and strong interest in alternative property investments and secondary markets.

  • PropertyEU Archive

    MAB sells Haarlem Raaks shopping area to Generali

    2011-04-07T00:00:00Z

    MAB Development and Generali Real Estate Investments have signed a sales agreement for the Raaks project in the centre of Haarlem, the Netherlands. The investment volume was not disclosed.

  • PropertyEU Archive

    MSREF offloads Berliner Bogen in Hamburg

    2011-04-07T00:00:00Z

    German real estate mogul Dieter Becken has bought back the Berliner Bogen office complex four years after selling the asset to Morgan Stanley Real Estate Funds (MSREF), well-informed market souces have confirmed to PropertyEU. The businessman, which sold the property to Morgan Stanley's real estate fund management arm in January ...

  • PropertyEU Archive

    Standard Life fund buys Gateway shopping centre

    2011-04-07T00:00:00Z

    Standard Life Investments (SLI) has announced the freehold acquisition of The Gateway Shopping Park, Trowbridge in the UK from developer Parkridge. The £21 mln (EUR 24 mln) transaction reflected an initial yield of 5.7% and was carried out on behalf of SLI's UK Property Fund.

  • PropertyEU Archive

    Castellum buys and sells in Gothenburg

    2011-04-07T00:00:00Z

    Listed Swedish real estate group Castellum has acquired a 10,800-m[sup]2[/sup] mixed property the area Lindholmen, Norra Älvstranden in Gothenburg for SEK 183 mln (EUR 20 mln) and sold land in the Kallebäck region of Gothenburg for SEK 21 mln.

  • PropertyEU Archive

    Northcliffe completes sale-and-leaseback deal in Germany

    2011-04-07T00:00:00Z

    Northcliffe Asset Management, a global sale-leaseback investment manager, announced that its affiliated investment vehicle ThreadGreen Industrial has completed the acquisition of the primary production and office properties of German manufacturing company Coperion. The total transaction size of the sale-and-leaseback transaction was EUR 27 mln.

  • PropertyEU Archive

    New Henderson fund makes first UK investments

    2011-04-07T00:00:00Z

    Henderson's EUR 419 mln Indirect Property Fund Europe (HIP) has made its first investment in the UK with the acquisition of units in two funds for a total EUR 23.5 mln. A sum of EUR 11.7 mln has been placed in the Standard Life Core UK Shopping Centre Trust and ...

  • PropertyEU Archive

    Moorfield launches 'White Knight' partnership

    2011-04-07T00:00:00Z

    Moorfield Group (Moorfield) has unveiled 'The White Knight Partnership' to provide partnered solutions for property owners and lenders battling today's difficult market conditions.

  • PropertyEU Archive

    Private equity RE fundraising hits 7-year low in Q1

    2011-04-08T00:00:00Z

    Private equity real estate fundraising remained slow in the first quarter of 2011, with $5.8 bn (EUR 4 bn) raised by funds holding a final close, according to Preqin, which provides data on the alternative assets industry.

  • PropertyEU Archive

    French real estate returns 10% in 2010

    2011-04-08T00:00:00Z

    French commercial real estate saw a recovery in capital values last year, recording 4.0% growth, according to the IPD France Annual Property Index. The rebound in values led to a total return of 10%.

  • PropertyEU Archive

    LGP raises another EUR 113m for UK property fund

    2011-04-08T00:00:00Z

    Legal & General Property (LGP) announced that it has secured a further £100 mln (EUR 113 mln) of equity for its UK Property Income Fund. The new equity comes from an internationally diverse group of major global institutional investors based in France, Finland, Switzerland and Japan. The further investment ...

  • PropertyEU Archive

    Italian pooled funds rebound in H2 2010, says IPD

    2011-04-08T00:00:00Z

    Italian pooled property funds delivered positive returns for the second consecutive year in 2010, at 1.7%, a solid improvement on the 0.2% booked in 2009, according to the Italian Pooled Property Fund Indices (Italian PPFI).

  • PropertyEU Archive

    Real IS's BGV IV fund adds third asset to porfolio

    2011-04-08T00:00:00Z

    German fund manager Real IS announced that its BGV IV spezialfonds has acquired the Saarbasar retail property in Saarbrücken, Germany from a Luxembourg fund managed by Natixis Capital Partners.

  • PropertyEU Archive

    IntReal takes over fund administration arm of Warburg Henderson

    2011-04-08T00:00:00Z

    International Real Estate Kapitalanlagegesellschaft (IntReal) said on Thursday that it has taken over the fund administration unit of Warburg Henderson in a move which brings its total assets under management to EUR 4.5 bn, from EUR 600 mln previously.

  • PropertyEU Archive

    Santander aims to triple size of listed property fund

    2011-04-08T00:00:00Z

    Banco Santander subsidiary Luresa Inmobilaria has appointed property adviser Gresham Down and Knight Frank Investors to help it expand the fund's assets under management from £65 mln (EUR 74 mln) to more than £150 mln (EUR 171 mln).

  • PropertyEU Archive

    Le Millénaire mall near Paris awarded BREEAM cert

    2011-04-08T00:00:00Z

    Le Millénaire near Paris has been awarded a BREEAM Very Good certificate. The shopping centre will open to the public on 27 April 2011.

  • PropertyEU Archive

    States seek bank exits

    2011-04-08T00:00:00Z

    European governments have injected billions into ailing banks since the beginning of the financial crisis in 2008. But now, as pressure to return these banks to the commercial sector mounts, governments are considering a number of strategies to get the banks off their hands.

  • PropertyEU Archive

    Cross-regional capital flows into Europe double: CBRE

    2011-04-08T00:00:00Z

    Data for the first months of 2011 suggest a further broadening of non-European investor demand for European real estate in terms of both investor type and nationality, thereby continuing a trend that started to emerge in the second half of 2010. In 2010, cross-regional flows of capital from outside Europe ...

  • PropertyEU Archive

    Sistema-Hals puts Danilovsky Fort on the market

    2011-04-08T00:00:00Z

    Cushman & Wakefield and Knight Frank have been mandated to sell the first and second buildings of the Danilovsky Fort business centre in Moscow. The properties, which are owned by local property developer Sistema-Hals, provide a total area of 27,500 m[sup]2[/sup] and will be offered for a price of $3,000 ...