All Real Assets articles in Web Issue – Page 727
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PropertyEU Archive
F&C trust to fund student housing development
F&C Commercial Property Trust has purchased the freehold of land at Burma Road, Winchester and entered into a development agreement with Osborne Developments to fund and develop student accommodation.
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PropertyEU Archive
Finnish investors favour home market: INREV
Institutional investors in Finland show a significant preference for the domestic market in their real estate investments, according to INREV's Investor Universe Finland Survey 2011. Around 80% of Finland's total real estate exposure is in domestic direct core investments. Only 12% of all Finnish real estate investments are made abroad.
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PropertyEU Archive
Hines' Postquartier project nears full lease-up
The Stuttgart office of US private developer and investor Hines has signed a long-term lease with the federal state of Baden-Württemberg for 14,000 m[sup]2[/sup] of office space in Postquartier. Joining existing office tenant Deutsche Bahn, the project's office space is now fully leased, Hines said in a statement on Tuesday.
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PropertyEU Archive
Patrizia to launch EUR 100m residential fund
German listed company Patrizia Immobilien is partnering with an unnamed pension scheme to launch a residential real estate fund. The fund will have an initial volume of EUR 100 mln.
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PropertyEU Archive
Immofinanz snaps up Park Postepu in Warsaw for EUR 102m
Austrian listed real estate investor-developer Immofinanz has carried out its largest acquisition since the onset of the credit crisis in 2008 with the purchase of the Park Postepu prime office complex in Warsaw. The scheme was bought from local developer Echo Investment for EUR 102 mln.
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PropertyEU Archive
Hiberno Saxon to launch EUR 115m property fund
Property investor and asset manager Hiberno Saxon aims to raise some £100 mln (EUR 115 mln) from institutional investors and from private wealth managers for its first fund which will target commercial real estate in the UK.
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PropertyEU Archive
RREEF clinches EUR 117m deal with Degi in Warsaw
RREEF, the property fund management arm of Deutsche Bank, has acquired the Focus Filtrowa office complex in Warsaw for a total of EUR 117 mln. The vendor is Aberdeen's Degi International open-ended property fund.
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PropertyEU Archive
Longbow raises EUR 278m for new UK debt fund
Longbow Real Estate Capital has announced the final close of its debt fund, Longbow UK Real Estate Debt Investments II, with £242 mln (EUR 278 mln) of commitments from a range of institutional investors.
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PropertyEU Archive
Hercules trust secures EUR 400m loan from Aareal
Specialist retail warehouse fund Hercules Unit Trust (HUT) has signed a £350 mln (EUR 400 mln) five-year loan facility underwritten by Aareal Bank.
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PropertyEU Archive
Alecta begins EUR 60m mixed-use project in Sweden
Swedish insurer Alecta has mandated development and construction group NCC to build a mixed-use scheme for SEK 550 mln (EUR 60 mln).
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PropertyEU Archive
Dios takes over Swedish peer for EUR 600m
Swedish real estate investment company Diös Fastigether is doubling the size of its portfolio with the acquisition of peer Norrvidden for SEK 5.6 bn (EUR 600 mln).
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PropertyEU Archive
Anneke de Vries to head Ahold Europe RE
Anneke de Vries has been appointed as the new director of the European real estate arm of Netherlands-based international retail group Ahold.
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PropertyEU Archive
MSREI becomes largest shareholder in Orco
Morgan Stanley Real Estate Investing (MSREI) has completed the purchase of a 19.2% stake in Orco Property Group, becoming the largest shareholder in the Euronext-listed CEE real estate developer.
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PropertyEU Archive
Bishopsfield recruits former RBS real estate specialist
Bishopsfield Capital Partners, the European structured finance firm, has recruited Arjan van Bussel as a new partner to further build its advisory, real estate and structured finance capabilities.
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PropertyEU Archive
Multi sells half-share in Forum Liberec to Tesco
European retail space developer Multi has divested its 50% interest in the Forum Liberec in the Czech Republic to UK supermarket giant Tesco for an undisclosed amount.
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PropertyEU Archive
Unibail-Rodamco sold Dutch mall for EUR 110m
Europe's largest listed property company Unibail-Rodamco sold its Piazza mall in the Dutch city of Eindhoven to a Dutch consortium for just under EUR 110 mln, PropertyEU has learned. The consortium of buyers initially reported the deal on 21 September as the largest retail property transaction in the Netherlands this ...
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PropertyEU Archive
AEW Europe raises EUR 176m for French retail fund
Pan-European real estate investment manager AEW Europe has raised a further EUR 176 mln from institutional investors for its French core retail fund, Fondis. With leverage, the capital raise will provide the fund with a further EUR 320 mln of buying power.
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PropertyEU Archive
European hotels return 6.9% in 2010: IPD
The European hotel property sector returned 6.9% last year, compared to returns of 14.9% reported in the UK, according to the recently-launched IPD European Hotel Performance Report, which is sponsored by Jones Lang LaSalle Hotels, Invesco Real Estate and HVS.
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PropertyEU Archive
German central bank to sell EUR 4b of Lehman loans - report
The Bundesbank, Germany's Central Bank, has mandated AgFe to advise on the sale of over EUR 4 bn of property loans left by the collapse of Lehman Brothers in 2008, according to a news report in PropertyWeek.
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PropertyEU Archive
Bouwfonds buys residential assets in Germany and Sweden
Dutch real estate investment manager Bouwfonds has announced the acquisition of a student residential home in Stuttgart and two residential properties in Stockholm for a total of EUR 33 mln.
