All Real Assets articles in Web Issue – Page 686
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PropertyEU Archive
Warburg-Henderson launches second Austrian fund
Warburg-Henderson, Henderson Global Investors' Hamburg-based joint venture partnership, has launched its second Austrian property fund which will focus on investment in a diversified portfolio of 10 to 15 commercial property assets in the core/core-plus segment. It will target a 7% yield.
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PropertyEU Archive
ICSC unveils European Shopping Centre Award winners
The International Council of Shopping Centers (ICSC) announced the winners on Wednesday of the 2011 European Shopping Centre Awards. Eleven shopping centres from nine countries across Europe (Austria, Belgium, Bosnia-Herzegovina, France, Germany, Russia, Sweden, Turkey and the UK) came away with recognitions.
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PropertyEU Archive
ICSC: Retail developmemt market bounces back faster than expected
The market for retail development has recovered more strongly than expected a year ago. Parts of CEE, Russia and Turkey are seeing particularly vibrant growth.
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PropertyEU Archive
Quantum snaps up Commerzbank building in Cologne
German property company Quantum Immobilien KAG has acquired a building occupied by Commerzbank in Cologne from Aberdeen Immobilien for an undisclosed sum. A Quantum spokesperson on Wednesday declined to reveal the name of the funds buying and selling the asset.
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PropertyEU Archive
CEE industrial development shifts to regional cities: CBRE
Increased manufacturing productivity and its link with regional CEE markets is causing development activity to move from capital cities towards regional cities, according to CB Richard Ellis.
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PropertyEU Archive
ECE in the running for Portuguese mall
German shopping centre specialist ECE Projektmanagement is in talks with Sonae Sierra to acquire the AlgarveShopping centre in Guia, near the town of Albufeira in the south of Portugal, well-informed market sources told PropertyEU. Due diligence has yet to start on the asset, which is expected to fetch around EUR ...
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PropertyEU Archive
Nouvel plans five towers for Paris Renault site
French star architect Jean Nouvel has unveiled plans for the redevelopment of the Parisian suburb of Boulogne-Billancourt which includes five towers measuring up to 120 metres in height.
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PropertyEU Archive
Swedish pension funds' new JV poised for investment
The First and Second Swedish National Pension Funds' new joint property investment company will operate under the name Cityhold Property AB and be headed by Per Sjöberg, a former managing director of CLS Holdings in London.
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PropertyEU Archive
Capital growth fuels non-listed funds in Q1: INREV
Capital growth from non-listed real estate funds in continental Europe increased to 1.0% in local currency in the first quarter of 2011, according to the latest INREV Quarterly Index. This marks a turnaround on the last four quarters, when performance in continental European markets was driven by income returns and ...
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PropertyEU Archive
ING REIM wins EUR 193m Korean mandate
ING Real Estate Investment Management has been selected by the Public Officials Benefit Association (POBA) of Korea to invest £170 mln (EUR 193 mln) in the central London office market.
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PropertyEU Archive
DTZ buys 4x4 portfolio for EUR 32m
DTZ Investment Management said on Thursday that it has completed the purchase of the 4x4 Portfolio for £28.5 mln (EUR 32.5 mln), reflecting a net initial yield of 7.58%. The vendor is Liverpool Victoria Asset Management.
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PropertyEU Archive
Land Securities sells two London assets to USS for EUR 55m
Land Securities has sold two office assets in East London - 110 Cannon Street and Martin House - to the Universities Superannuation Scheme (USS) for around £48.5 mln (EUR 55 mln). 110 Cannon Street is currently at the preliminary stages of a major 6,800 m[sup]2[/sup] refurbishment due to complete in ...
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PropertyEU Archive
Aberdeen appoints new head of business development
Aberdeen Asset Management has appointed Roberto Varandas as Global Head of Business Development - Property, a newly created role designed to meet the increased complexity and diversity of Aberdeen’s global client base. Varandas and his four-strong team will work closely with the group’s generalist Business Development and wider Distribution teams. ...
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PropertyEU Archive
Union reopens global fund after revaluation of Japan portfolio
German fund manager Union Investment said on Thursday it has reopened its UniImmo: Global fund for redemptions following a three-month closure.
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PropertyEU Archive
Engel & Völkers opens residential agency in Chelsea
Property adviser Engel & Völkers is expanding its network within Europe and has now opened a residential office in Central London.
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PropertyEU Archive
Altarea buys Nimes retail park project from Icade
French retail specialist Altarea Cogedim has signed an agreement with Icade to buy a 28,500 m[sup]2[/sup] retail park project in Nîmes in southern France, located next to Carré Sud and Cap Costières. Financial details were not disclosed.
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PropertyEU Archive
Skanska, BL among top green companies in UK
Swedish construction and development giant Skanska has been named as the greenest company in the UK by the Sunday Times newspaper, which ranked the firm first in all categories of its 2011 Best Green Companies Awards.
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PropertyEU Archive
BNP Paribas RE appoints two directors in Ireland
BNP Paribas Real Estate has appointed David Browne and Ian Given as divisional directors within its Property Management and Professional Services Departments in Ireland.
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PropertyEU Archive
Mazzocco named new president of Assoimmobiliare
Aldo Mazzocco, Chief Executive of Italian REIT Beni Stabili, will be the new president of industry association Assoimmobiliare, long-time head Gualtieri Tamburini told delegates at the Expo Italia Real Estate fair held in Milan last week.
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PropertyEU Archive
AXA Real Invest II wins IPD award
AXA Real Invest II has won the 2011 IPD European Property Investment Award for Outstanding Investment Real Estate Performance, having achieved 'the highest total return relative to the national sector benchmark, annualised over three years to December 2010 for a specialist fund in Germany'.
