All Real Assets articles in Web Issue – Page 719
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PropertyEU Archive
IVG shares hit historic low
Shares in German commercial property group IVG have continued to slide over the summer, plummeting more than 50% in July and August alone and hitting a historic low of EUR 2.45 per share on August 31. On Friday 2 September, the share closed at EUR 2.58. Back in May, IVG's ...
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PropertyEU Archive
EPRA panel sees institutional investors driving listed German market
Institutional investors will drive the further development of the listed market in Germany, predicted Ulrich Holler, CEO of DIC Asset, during a panel discussion at the annual EPRA conference in London last Friday. ´The retail market is still far away,´ he noted. ´It will have to go the institutional way.´
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PropertyEU Archive
Henderson gets go-ahead for EUR 120m scheme
Henderson Global Investors (Henderson) has been granted outline planning approval for its retail-led scheme in the market town of Bishop's Stortford in England.
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PropertyEU Archive
Russia sees largest ever deal volume in Q2: CBRE
Investment in Russian commercial real estate hit a record high in the second quarter of 2011, exceeding even the boom levels reached in the years of 2005 to 2008, according to new research released by CB Richard Ellis.
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PropertyEU Archive
Rockspring secures EUR 219m loan for O'Parinor mall
International property fund manager Rockspring has obtained a EUR 219 mln debt facility in one of the largest real estate financing deals in France this year. The loan is securitised against the O'Parinor shopping centre in the north of Paris. It was provided by German property lenders Helaba and Aareal ...
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PropertyEU Archive
Christie + Co brings 5-star London hotel to market
Christie + Co has been appointed to to sell a five-star hotel on London's South Bank. The property adviser received the mandate from Maurice Moses and Angela Swarbrick, joint administrators of Hotel Verta and Verta Properties.
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PropertyEU Archive
IRE spends EUR 55m on two UK acquisitions
Invesco Real Estate (IRE) has exchanged contracts to buy an office property in Bristol and a retail warehouse in north-east London for a total investment of £48 mln (EUR 55 mln). IRE is making the purchase on behalf of its UK III Fund.
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PropertyEU Archive
Skanska secures EUR 82m contract in Stockholm
Skanska has secured a construction contract for the redevelopment of a mixed-use property in Stockholm. The contract value is SEK 750 mln (EUR 82 mln), the company said.
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PropertyEU Archive
Foncière des Régions abandons merger with FPF
French REIT Foncière des Régions (FdR) has pulled the plug on its plan to merge with smaller peer Foncière Paris France (FPF) due to volatile market conditions.
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PropertyEU Archive
CWI, SWIP acquire first asset for PURetail fund
Cushman & Wakefield Investors (CWI) and Scottish Widows Investment Partnership (SWIP) have acquired Kasernenstrasse 1 in the CBD of Düsseldorf, on behalf of the Pan-European Urban Retail Fund (PURetail).
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PropertyEU Archive
CBREI shops in Berlin for Pan-European core fund
Global real estate investment manager CBRE Investors has made the first purchase in Germany for CB Richard Ellis Investors Pan-European Core Fund (PEC Fund). The fund - which has acquired four assets so far in Europe - has bought a retail complex in the centre of Berlin for an undisclosed ...
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PropertyEU Archive
LaSalle sells Mayfair site to Morgan Capital Partners
Morgan Capital Partners, acting for a private investor, has acquired a development property in Mayfair, London from LaSalle Investment Management. The financial details were not disclosed.
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PropertyEU Archive
C&W wins Grontmij management services mandate
Cushman & Wakefield (C&W) has been appointed by engineering consulting firm Grontmij as its sole provider of account management services and preferred provider for other transaction services.
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PropertyEU Archive
Goodman expands development team in Germany
Goodman has expanded its team in Germany with the appointment of Christof Prange and Lars Zimmermann. Both have extensive experience in the area of logistics real estate and will bolster Goodman's project development and acquisition activities in Germany.
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PropertyEU Archive
Investors push for disclosure of environmental performance
More than 340 property funds and companies, with real estate assets worth nearly $1 trl, have responded to a call for action by the GRESB Foundation to disclose information on environmental management and performance of their portfolio.
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PropertyEU Archive
Steen & Ström expands holdings for new Kristianstad mall
Nordic retail specialist Steen & Ström has announced the purchase of two further properties on a site in Sweden where it plans to develop a new 62,000-m[sup]2[/sup] shopping centre. The acquisitions of a cinema and a Burger King in Kristianstad, will allow the Scandinavian shopping centre group to start the ...
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PropertyEU Archive
McArthurGlen opens Roermond extension
Outlet centre specialist McArthurGlen has opened a 7,200 m[sup]2[/sup] extension at its Designer Outlet Roermond in the Netherlands. Based on the annual number of shoppers the Roermond asset is now the largest outlet centre in northern and western Europe, the company said.
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PropertyEU Archive
LNR Partners names new head of investment management
Commercial property finance specialist LNR Partners Europe has appointed Derek Rich as its new director of investment management and business development.
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PropertyEU Archive
Savills forecasts investment slowdown in H2
International real estate advisor Savills has forecast a slowdown of investment activity in the European property sector during the second half of 2011. Nevertheless, Savills said that some European markets - including France, Germany, Ireland and Norway - will beat 2010 levels in terms of annual turnover.
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PropertyEU Archive
Curzon fund acquires Glasgow office for EUR 23m
Pan-European property investment manager Tristan Capital has announced that one of its funds has acquired a newly-developed office building for EUR 23 mln. The vendor was Lloyds Bank through administrators Grant Thornton.
