All Real Assets articles in Web Issue – Page 696
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PropertyEU Archive
Rockspring completes UK's first solar park
Rockspring Property Investment Managers has announced the completion of Phase I of the UK's first-ever solar park. Located on a former World War II airfield at Rockspring's Westcott Venture Park in Buckinghamshire, the solar park will initially produce around 365,000 kWh per year.
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PropertyEU Archive
Prime Office enters EPRA Europe Index
German real estate company Prime Office has entered the FTSE EPRA/NAREIT Developed Europe Index following its initial public offering on 1 July, making it the third German addition to the index since the beginning of the year. Prime Office adds a portfolio of over EUR 970 mln worth of real ...
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PropertyEU Archive
Norges Bank and AXA RE form EUR 1.4b office JV
Norges Bank Investment Management, which manages the Norwegian Government Pension Fund Global, and AXA Real Estate Investment Managers, acting on behalf of AXA France Insurance Companies, have formed a joint venture through which both parties will co-invest in Paris offices. AXA Real Estate will provide asset management services to the ...
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PropertyEU Archive
Central London poised for EUR 24b resi development surge
Central London faces a surge in new prime residential development activity valued at £21 bn (EUR 24 bn) over the next nine years, according to research carried out by UK built asset consultancy EC Harris.
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PropertyEU Archive
Grosvenor consortium completes EUR 416m Unibail deal
A consortium led by Grosvenor Fund Management (GFM) has acquired two shopping centres in France from European listed real estate giant Unibail-Rodamco.
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PropertyEU Archive
Pension fund acquires Degi fund asset in Helsinki
Nordea Pension Foundation (KOP) has acquired an office building in the central business district of Helsinki from Aberdeen Immobilien's open-ended Degi Global Business fund for EUR 104 mln.
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PropertyEU Archive
Schalk Visser to head investor relations at AEW Europe
European real estate investment manager AEW Europe has appointed Schalk Visser as managing director and head of investor relations. In this role he will develop and coordinate all the group's fundraising activities across Europe and handle contacts with existing and potential clients.
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PropertyEU Archive
Deka snaps up office building in Hamburg
German fund manager Deka Immobilien has bought the Lindley Carrée office building in Hamburg from developer Hochtief Projektentwicklung for an undisclosed sum.
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PropertyEU Archive
CBRE Investors fund tops ESG survey
A European fund managed by CBRE Investors has come out top in a global survey of environmental and social governance (ESG) awareness among asset managers by ING Real Estate Select.
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PropertyEU Archive
Commerz Real finalises Milan office deal
German real estate investor Commerz Real has completed the acquisition of the last of the three buildings in the Edison Park Center in Milan from French developer Nexity.
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PropertyEU Archive
Freemasons pay 'record price' for Stockholm hotel
The Swedish Order of Freemasons has acquired the Strand hotel building in Stockholm for SEK 600 mln (EUR 67 mln). Property adviser Tenzing, which acted for the vendor Home Properties, said the price for the 6,341-m[sup]2[/sup] building, originally known as Mons Bock 6, came to about EUR 10,500 per square ...
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PropertyEU Archive
Paul Muno named MD Internos Germany
Internos Real Investors, the EUR 1.5 bn owner-managed real estate fund management business, has appointed Paul Muno as a managing director of its German operations.
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PropertyEU Archive
Patrizia opens office in Stockholm
German listed residential investor Patrizia Immobilien is opening an office in Stockholm to supervise the company's operations in Scandinavia. The new office will be headed by Hendrik Österberg.
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PropertyEU Archive
Redevco snaps up retail block in Spain for EUR 22m
Private Dutch real estate company Redevco has further strengthened its retail portfolio in Spain with the acquisition of a block of commercial properties in San Sebastián for EUR 22 mln.
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PropertyEU Archive
MPC fund acquires Siemens complex for EUR 31m
Fund manager MPC Capital has acquired a Siemens complex in Erlangen, Germany for EUR 30.9 mln. The complex, consisting of three office buildings, a staff restaurant and parking garage, were purchased on behalf of a new fund, MPC Germany 10.
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PropertyEU Archive
Alstria buys VastNed office portfolio in Germany for EUR 85m
German REIT Alstria Office has signed an agreement to acquire a German office portfolio from VastNed Office/Industrial for EUR 85 mln.
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PropertyEU Archive
London remains world’s second-most expensive logistics market: CBRE
London has maintained its position as the world’s second-most expensive market for distribution/logistics centres after Tokyo, according to a new report from CB Richard Ellis.
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PropertyEU Archive
PIK reappoints Pavel Grachev as chairman
PIK Group, a London-listed Russian real estate developer, has announced the reappointment of Pavel Grachev as chairman of the board.
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PropertyEU Archive
Unibail-Rodamco sells Dutch urban development to JV
Unibail-Rodamco, Europe's largest listed property company, has sold a mixed-use development in the centre of the southern Dutch city of Breda to a 50-50 joint venture formed by developers MAB and Dura Vermeer. The takeover sum was not disclosed.
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PropertyEU Archive
Grainger secures two-year extension on resi fund
Grainger, the UK's largest quoted residential property owner, said that investors in its G:res1 Fund have voted to extend its maturity date by two years until October 2013.
