All Real Assets articles in Web Issue – Page 722
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PropertyEU Archive
INREV signals disconnect between fund managers and investors
Investors and fund managers could benefit from more transparent conversations around fund termination decisions and a much earlier start to their discussions on the subject, according to Lonneke Löwik, director research and information at the European association of investors in non-listed real estate funds (INREV).
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PropertyEU Archive
Greek developer starts construction of Bulgaria's Sofia Ring Mall project
Greece's Danaos Development has selected Glavbolgarstroy and Arcon Constructions as the main construction companies for the Sofia Ring Mall project in the Bulgarian capital.
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PropertyEU Archive
Central London remains strongest sub-sector: CBRE
There was a slight slowdown in UK commercial property total returns this month, with the All Property figure dropping to 0.5% from 0.6% in July, according to the latest data issued by CB Richard Ellis. This was largely a result of a slight deterioration in retail sector performance, where continued ...
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PropertyEU Archive
LGP starts development at Coliseum leisure park
Legal & General Property (LGP) has secured a pre-let with Travelodge for its development site at Coliseum Leisure Park, near Liverpool, enabling it to kickstart its plans to build a 77-bed hotel based above two restaurant units.
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PropertyEU Archive
DIC Asset sees 'huge' demand for Frankfurt office scheme
Listed German office provider DIC Asset is confident it will secure significant pre-letting for its new MainTor office development in Frankfurt, CEO Ulrich Holler told PropertyEU. 'Frankfurt has a 12-13% vacancy rate, but there is huge demand for top-quality prime space. We have just started construction on the MainTor and ...
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PropertyEU Archive
Great Portland jv acquires London asset for EUR 155m
The Great Ropemaker Partnership, a 50:50 joint venture between Great Portland Estates and the BP Pension Fund is set to acquire two office buildings on 200 & 214 Gray's Inn Road in London from an affiliate of Beacon Capital for £132.75 mln (EUR 155 mln), or an initial yield of ...
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PropertyEU Archive
Valad buys 49% of ECREL, secures EUR 200m refinancing
European real estate investment manager Valad has acquired 49% of the equity in European Commercial Real Estate Limited (ECREL) with two places on the board alongside the original investors, who hold 51% of the equity.
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PropertyEU Archive
F&C REIT buys regional UK malls for 8.6% yield
F&C REIT has exchanged contracts for the acquisition of shopping centres in Barnsley and Middlesbrough in a club deal totalling £108 mln (EUR 126 mln). The acquisition marks a blended net initial yield of 8.6%.
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PropertyEU Archive
Allianz buys 80% stake in Frankfurt's Skyline Plaza mall
German insurer Allianz has acquired an 80% stake in the Skyline Plaza in Frankfurt/Main from CA Immo Deutschland and Hamburg-based developer ECE for EUR 360 mln. CA Immo and ECE have each retained a 10% stake in the shopping mall which is due to open in autumn 2013.
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PropertyEU Archive
Hines' first outlet centre in Russia hits 90% pre-let
Outlet Village Belaya Dacha, Russia's first outlet village project developed by a partnership of Hines and the Belaya Dacha Group, has reached a pre-leased occupancy rate of 90% nearly a year before opening.
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PropertyEU Archive
Amplion named adviser for Temple portfolio
AEW Europe and Tristan Capital Partners have mandated Amplion Asset Management as a strategic advisor for the Temple portfolio. The Temple portfolio comprises 259 retail properties over 224,000 m[sup]2[/sup] of space across Finland, mainly leased to Suomen Lähikauppa (SLK).
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PropertyEU Archive
IVG appoints new CFO and COO
Germany´s largest listed company IVG Immobilien has appointed Hans Volkert Volckens as chief financial officer (CFO) and Christian Kühni as chief operating officer (COO).
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PropertyEU Archive
Finnish investors set up Russian investment arm
Listed property firm Sponda has announced it is partnering with several other Finnish groups to establish a new real estate investment company focusing on investments in the Moscow and St Petersburg markets.
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PropertyEU Archive
Rockspring secures planning for Centurion House
Rockspring Property Investment Managers and its development partner, Charterfield Asset Management, have secured a resolution to grant planning permission for the redevelopment of Centurion House, EC3, into a new 80,000 sq ft (7,400 m2) Grade A office building.
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PropertyEU Archive
RICS launches valuer registration scheme in Continental Europe
The Royal Institution of Chartered Surveyors (RICS) has announced the launch of a Valuer Registration Scheme in continental Europe in a bid to raise confidence in valuation advice and reinforce professional standards in property valuation.
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PropertyEU Archive
Henderson forward funds French retail warehouse scheme
Henderson Global Investors' property business has agreed to provide equity funding for a 18,206 m[sup]2[/sup] retail unit being developed in the French town of Creil. Financial details were not disclosed.
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PropertyEU Archive
Patrizia buys apartments in northern Germany for EUR 126m
German residential specialist Patrizia Immobilien has acquired a total of 567 apartments with a total surface area of 55,000 m[sup]2[/sup] for EUR 126 mln so far this year for the real estate special funds and third-party mandates it manages. The properties are located in Berlin/Potsdam, Bremen, Hannover and Hamburg.
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PropertyEU Archive
Multi appoints new CEO, extends EUR 850m loan
Europe's largest retail developer Multi Corporation has announced the appointment of Heino Vink as its new chief executive, replacing Glenn Aaronson, who is switching to a new position as non-executive chairman of the Forum Turkey Fund. Aaronson will be charged with preparing the fund for a public listing within the ...
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PropertyEU Archive
InfraRed to acquire Cologne's highest office tower
UK fund manager InfraRed Capital Partners is partnering with AIRE KölnTurm Beteiligungs to acquire KölnTurm, the highest office scheme in Cologne, according to a notice published on the website of the Federal Cartel Authority. The vendor isTignato Beteiligungsgesellschaft, part of EH Estate Management, a subsidiary of Eurohypo.
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PropertyEU Archive
Klépierre included again in DJSI indices
French shopping centre REIT Klépierre has been included in both Dow Jones Sustainability Indices, the DJSI World and Europe indices, for the 5th year in a row, SAM Research
