All Real Assets articles in Web Issue – Page 730
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PropertyEU Archive
Wereldhave in talks to buy London mall - report
Dutch investor Wereldhave is in exclusive negotiations with Legal & General Property to acquire the Ealing Broadway shopping centre in west London, according to reports in the UK and Dutch press. The price is said to be around £152 mln (EUR 175 mln), representing a yield of 6.1%.
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PropertyEU Archive
Capman partners with NEP to create pan-Nordic fund platform
The real estate arm of private equity group Capman is teamning up with NEP Partners to create a pan-Nordic property fund management platform.
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PropertyEU Archive
Upturn expected in shopping centre development: C&W
An upturn in shopping centre development in Europe is on the horizon, according to a report from Cushman & Wakefield. Although development has been subdued in some countries for the past few years, improving retailer demand and concerns about potential shortages of prime space are contributing to expectations of a ...
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PropertyEU Archive
Sonae Sierra presents checklist for successful malls
Around half of all shopping centres in Germany need to be modernised and reworked. But developers and investors waiting in the wings to cash in on the multi-billion euro opportunity are faced with a puzzling question: why are some shopping centres successful, while others are not?
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PropertyEU Archive
Deka takes control of German mall
German fund management group Deka Immobilien has acquired the third and final section of a major retail outlet in the German city of Neu-Isenburg.
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PropertyEU Archive
Henderson creates new UK distribution role
Asset manager Henderson Global Investors has appointed Andrew Friend to head up the UK distribution team for its £12.4 bn (EUR 14.2 bn) property business.
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PropertyEU Archive
Leisure and infrastructure dominate September deals
The biggest European property deals recorded across the first three weeks of September were in the infrastructure and leisure sectors, as office and retail transactions took a hit.
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PropertyEU Archive
Property stocks to see NAV discounts widen
Investment bank Morgan Stanley expects European property stocks will see discounts to net asset value (NAV) widen due to concerns over medium-term growth and the risk of a fresh liquidity squeeze.
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PropertyEU Archive
ECE joins sustainability initiative ISA
German-based shopping centre specialist ECE has become the latest founder member to join global real estate network the International Sustainability Alliance (ISA).
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PropertyEU Archive
Investors flock to Eurohypo jumbo issue
The two-year Pfandbrief placed by real estate lender Eurohypo last month was oversubscribed by 20%.
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PropertyEU Archive
Expo Real attracts 1,600 exhibitors
Some 1,610 exhibitors from 34 countries have signed up to showcase their wares at the Expo Real property fair in Munich next week. The figures is roughly similar to last year's event.
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PropertyEU Archive
European loan trades to hit EUR 15b in 2012
US real estate advisory firm The Situs Companies predicts loan portfolios worth as much as EUR 15 bn could be exchanged in Europe during 2012, as banks increasingly look to reduce the number of maturing loans on their books.
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PropertyEU Archive
Cofinimmo sells 2 offices and acquires nursing home
Cofinimmo has sold two office buildings for almost EUR 70 mln as part of its strategy to increase its holdings in the nursing home sector.
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PropertyEU Archive
WP Carey takes over EUR 300m Metro Italia fund
Global investment manager WP Carey has acquired control of a closed-end fund that owns 20 stores leased to Metro Cash & Carry Italia. The value of the investment, which was made by CPA 17, a subsidiary of WP Carey's publicly-held non-traded REIT affiliates, was around EUR 300 mln.
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PropertyEU Archive
IVG extends EUR 500m debt on The Squaire
German property company IVG Immobilien has clinched the restructuring of roughly EUR 500 mln of debt securitised against the The Squaire office project at Frankfurt International Airport.
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PropertyEU Archive
Pbb issues EUR 500m Pfandbrief
Pbb Deutsche Pfandbriefbank has issued a five-year EUR 500 mln mortgage Pfandbrief, a company spokesman confirmed to PropertyEU.
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PropertyEU Archive
Unibail-Rodamco issues EUR 500m bond
Unibail-Rodamco, the largest listed property group in Europe, has issued a EUR 500 mln bond to strengthen its liquidity. The issuance was four times oversubscribed, the order book reaching over EUR 2 bn.
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PropertyEU Archive
Barclay brothers buy EUR 800m of debt from NAMA
Maybourne Finance, a compeny controlled by David and Frederick Barclay, has purchased more than EUR 800 mln of debt held by the Maybourne Hotel Group, owner of the Claridges, Connaught and Berkeley luxury hotels in London.
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PropertyEU Archive
Aareal jumps, Westimmo falls in PropertyEU ranking
Aareal Bank jumped to second place in PropertyEU’s ranking of leading German financiers for 2010 and H1 2011, based on new loan production. The Wiesbaden-based bank saw new lending business surge 76% in 2010 and lifted volume by another 10% in the first six months of 2011.
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PropertyEU Archive
Miller JV acquires Walnuts shopping centre in Kent
A joint venture, comprising UK builder Miller Developments, Ellandi and an unnamed Middle Eastern investment group advised by WW Advisors, has exchanged contracts to purchase the Walnuts Shopping Centre in Orpington, near London, from clients of Aberdeen Asset Management. The partnership is also buying the Crown House, an adjoining vacant ...
