All Real Assets articles in Web Issue – Page 724
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PropertyEU Archive
Unibail Rodamco sells in Paris for EUR 140m
Generali France Immobilier has purchased an office complex at 3-5, boulevard Malesherbes in the eigth arrondissement of Paris for a price of over EUR 139 mln. The vendor is Franco-Dutch property group Unibail Rodamco.
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PropertyEU Archive
Aberdeen acquires mixed-use asset in Munich
Aberdeen's European Balanced Property Fund has acquired the Bayerstraße 25 office and commercial building in Munich from closed-end fund manager HIH Hamburgische Immobilien Handlung (HIH). Financial details were not disclosed.
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PropertyEU Archive
LGP acquires Soho office scheme
Legal & General Property (LGP) has acquired the freehold interest in 76-88 Wardour Street from Scottish Widows Investment Partnership (SWIP) for £32.8 mln (EUR 37 mln). The deal was carried out on behalf of its Managed Fund.
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PropertyEU Archive
Activum SG launches German special situations fund
Activum SG Capital Management, the European real estate fund manager, is launching a new EUR 238 mln investment fund targeting distressed real estate assets and 'special situations' assets in Germany.
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PropertyEU Archive
CBRE adds to its retail team in Berlin
CB Richard Ellis has announced the appointment of Alexander Torwegge as senior consultant in its Berlin office's retail team. Torwegge has been active for eight years in the retail leasing department and previously served as head of the retail team of Engel & Völkers in Berlin.
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PropertyEU Archive
Fornebu Utvikling appoints new CFO
Fornebu Utvikling has appointed Gisle Glück Evensen as new chief financial officer. Evensen will assume his position on 1 January 2012.
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PropertyEU Archive
CBRE appoints new office head in Russia
Real estate adviser CB Richard Ellis has announced the appointment of Elena Denisova as director and head of office agency in Moscow. Prior to CB Richard Ellis, Denisova worked at Jones Lang LaSalle in the office agency department for nearly nine years.
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PropertyEU Archive
CBRE mandated to sell massive Solvay site in Brussels
CB Richard Ellis (CBRE) has been picked as exclusive adviser for the sale of industrial firm Solvay's head quarters in the Ixelles municipality of Brussels.
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PropertyEU Archive
Non-listed funds catch up with wider economy: INREV
Total returns for all non-listed real estate funds suffered a significant drop from 1.5% to 0.8% in local currency in the second quarter of 2011, according to the latest INREV Quarterly Index. Capital growth moved sharply down from 1.0% to 0.2%, marking a backwards step from the first quarter ...
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PropertyEU Archive
CBRE strengthens CEE regional office
CB Richard Ellis (CBRE) has strengthened its Central and Eastern Europe (CEE) team with the appointment of Marcus Berger as Chief Operation Officer to oversee the regional offices.
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PropertyEU Archive
Polish railway offers land plots in central Warsaw
Polish state railway group PKP is offering for sale three plots of land located at the Chmielna and Al. Jana Paw³a II streets in the city centre of Warsaw. The combined asking price amounts to PLN 190 mln (EUR 40 mln).
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PropertyEU Archive
Colliers names new head of project management in Poland
Iain Leyden has been appointed to lead Colliers International's project management activities in Poland.
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PropertyEU Archive
Genesta hires Haraldsson for controller position
Genesta Property Nordic has recruited Per Haraldsson for a controller position. Haraldsson, who has nearly 15 years of experience in property finance, property valuation and analysis, most recently worked as business controller at Steen & Ström.
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PropertyEU Archive
Spain's Metroinvest shops in Frankfurt
Metroinvest, an investment fund of Spanish group Grupo Metrópolis, has acquired a property in Hamburg, Alstertor 9, from German property company Norddeutsche Grundvermögen for EUR 23.2 mln.
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PropertyEU Archive
Porschke returns to his 'property roots' at JLL
Frank Pörschke sees his new role as CEO at Jones Lang LaSalle Germany as an opportunity to get back to his ‘property roots’ following a four-year stint in banking. Pörschke, who left Eurohypo as CEO at the end of August by mutual consent, will officially join JLL as CEO on ...
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PropertyEU Archive
Goodman sells 10 hectares in Birmingham
Global property group Goodman has agreed to sell a plot of land at its Birmingham Business Park to Aero Engine Controls, the joint venture between Rolls-Royce plc and Goodrich Corporation.
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PropertyEU Archive
REI buys Midlands properties at 12% yield
Real Estate Investors, the AIM-listed property group based in the West Midlands, has acquired three properties for a total of £13.05 mln (EUR 15 mln) in cash.
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PropertyEU Archive
Echo granted EUR 18m funding for Szczecin outlet centre
Polish developer Echo Investment has concluded a credit agreement valued at EUR 18 mln with PKO BP bank. The acquired funds will be allocated to the development of Outlet Park Szczecin - the first outlet centre in the West Pomeranian region in Poland.
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PropertyEU Archive
SEB acquires office building in Helsinki
SEB Asset Management has acquired the Säterinkatu 6 office building in the Helsinki Metropolitan Area. The vendor is Finnish insurance group OP Life Assurance.
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PropertyEU Archive
PREI expands presence in Asia Pacific
Prudential Real Estate Investors (PREI) has increased its Asia-Pacific presence by hiring several professionals for its Singapore-based Asian arm.



