All Real Assets articles in Web Issue – Page 681

  • PropertyEU Archive

    IVG issues first sustainability report

    2011-06-01T00:00:00Z

    Listed German real estate giant IVG Immobilien has issued its first sustainability report as part of its drive to foster greater transparency.

  • PropertyEU Archive

    Künzinger to be new MD at restructured Patrizia

    2011-06-01T00:00:00Z

    Sabine Künzinger is to take over as managing director of Patrizia, the German listed property company and fund manager, in November. The moves follows on from the company's shift from being predominantly a residential property player to one that embraces the 'twin pillars' of residential and commercial.

  • PropertyEU Archive

    Beltane acquires two City buildings for EUR 17m

    2011-06-02T00:00:00Z

    Beltane Asset Management has acquired two buildings in the City of London business district from ING for £15.14 mln (EUR 17.2 mln).

  • PropertyEU Archive

    Fiabci and Icrea sign alliance agreement

    2011-06-02T00:00:00Z

    International real estate federations Fiabci and Icrea have taken a formal step towards creating a unified organisation. The pair signed an alliance agreement during the Icrea board meetings in Berlin last week.

  • PropertyEU Archive

    Land Secs secures consent for 35,000-m[sup]2[/sup] City scheme

    2011-06-03T00:00:00Z

    UK REIT Land Securities has secured planning permission for its 35,000 m[sup]2[/sup] office redevelopment project at 30 Old Bailey and 60 Ludgate Hill in the City of London.

  • PropertyEU Archive

    Kennedy Wilson buys EUR 1.6b foothold in Europe

    2011-06-03T00:00:00Z

    New York-listed real estate investment firm Kennedy Wilson has acquired Bank of Ireland Real Estate Investment Management (BOI REIM), a business that manages commercial real estate on behalf of the bank's clients.

  • PropertyEU Archive

    McArthurGlen opens EUR 100m designer outlet in Greece

    2011-06-03T00:00:00Z

    European outlet specialist McArthurGlen Group has invested EUR 100 mln in the Greek outlet market. The Group opened McArthurGlen Designer Outlet Athens to the public on 2 June.

  • PropertyEU Archive

    Park Plaza clinches EUR 129m refinancing

    2011-06-03T00:00:00Z

    Hotel group Park Plaza has secured a £115 mln (EUR 129 mln) refinancing facility from Bank Hapoalim. The Israeli lender agreed to refinance an existing £93.4 mln of bank facilities in relation to the Park Plaza Westminster Bridge London. The deal with Park Plaza's subsidiary Marlbray also includes an additional ...

  • PropertyEU Archive

    Degi Intl fund sells Teil portfolio for EUR 204m

    2011-06-03T00:00:00Z

    German property fund manager Aberdeen Immobilien KAG said on Friday that its frozen Degi International open-ended fund has disposed of the four-asset Teil portfolio for EUR 204 mln. The properties were acquired by an unidentified German institutional investor.

  • PropertyEU Archive

    Matrix to sell off EUR 380m portfolio

    2011-06-03T00:00:00Z

    London-listed investor Matrix European Real Estate Investment Trust (MEREIT) has announced plans to sell off all of its property assets by 2013.

  • PropertyEU Archive

    CBRELS recovers 76% of failed White Tower CMBS

    2011-06-03T00:00:00Z

    CB Richard Ellis Loan Servicing (CBRELS) has announced that it has recovered £1.1 bn (EUR 1.2 bn), or 76%, of the failed £1.6 bn White Tower 2006-3 CMBS loan through sale of the underlying assets.

  • PropertyEU Archive

    Unicredit agrees major Prague leasing

    2011-06-03T00:00:00Z

    Banking group Unicredit has leased the new Filadelfie building in the BB Centrum complex, Prague in one of the largest transactions of its kind in the Czech Republic in recent years. The leasing deal was arranged by global real estate adviser DTZ in a process that took two-and-a-half years.

  • PropertyEU Archive

    AMB, Prologis finalise merger

    2011-06-03T00:00:00Z

    US listed firms Prologis and AMB Corporation have announced the completion of their merger, forming a giant industrial property specialist with about $46 bn (EUR 34 bn) of assets under management.

  • PropertyEU Archive

    Berlin deal whets FDL's appetite

    2011-06-03T00:00:00Z

    French REIT Foncière Développement Logements (FDL) is on the prowl for further acquisitions in Germany after purchasing a portfolio of 1,000 residential units in Berlin in April. The move, which marked the return of the French real estate investment trust to the acquisition trail, reflects the company's efforts to diversify ...

  • PropertyEU Archive

    Rapp appointed IMF Immobilien chairman

    2011-06-03T00:00:00Z

    German listed developer-investor IFM Immobilien has appointed Gordon Rapp as chairman of its supervisory board. He replaces Luca Pesarini who will become vice-chairman.

  • PropertyEU Archive

    Expo Italia boosts partnerships with public bodies

    2011-06-03T00:00:00Z

    Expo Italia Real Estate (EIRE) 2011 is strengthening its partnership with the public sector as it widens the range of conferences and events promoted by municipalities and regional development agencies.

  • PropertyEU Archive

    Rockspring gets green light for UK spec development

    2011-06-03T00:00:00Z

    UK-based Rockspring Property Investment Managers and its development partner, Exton Estates, have received planning consent for a new 9,600 m[sup]2[/sup] office development at The Arrows Site, Brooklands, Weybridge, Surrey.

  • PropertyEU Archive

    Distressed sales increase in Spain, Ireland: RICS

    2011-06-03T00:00:00Z

    Spain, the Republic of Ireland and the US have seen the largest reported increases in distressed property listings in the past three months, according to the latest RICS Global Distressed Property Monitor.

  • PropertyEU Archive

    IVG strengthens private fund management

    2011-06-03T00:00:00Z

    IVG Immobilien, Germany's largest listed property company, has appointed Wolfgang Kurt Müller as co-managing director of its private funds division. Müller will work alongside fellow co-managing director Jörn Heidrich.

  • PropertyEU Archive

    PropertyEU Magazine - June 2011

    2011-06-06T00:00:00Z

    The June 2011 edition of PropertyEU Magazine looks at the 'Top Retail Developers'. The retail sector has become a battleground for the best locations, the best tenants and the best sale strategies. Our cover story looks at current retailing trends, the leading retail developers in Europe and what this year's ...