All Real Assets articles in Web Issue – Page 733
-
PropertyEU Archive
Sonae Sierra has most sustainable funds in Europe, GRESB finds
Sonae Sierra, the international shopping centre specialist, has been ranked by Global Real Estate Sustainability Benchmark (GRESB) as the company with the most sustainable property funds in Europe and the third one worldwide.
-
PropertyEU Archive
Catella raises over EUR 100m from initial tranches of Kefren sale
Stockholm-based adviser Catella Group expects to raise just over EUR 100 mln from the first two days of the auction of the Kefren portfolio which it is holding on behalf of special servicer Capita Asset Services (formerly Barclays Capital Mortgage Servicing).
-
PropertyEU Archive
Tristan closes in on EUR 140m logistics deal in Czech Republic
European fund manager Tristan Capital Partners is finalising the purchase of an 80% stake in a portfolio of seven logistics parks in the Czech Republic for some EUR140 mln, well-informed sources have told PropertyEU. The vendor is Central and Eastern European listed logistics development group VGP.
-
PropertyEU Archive
Corio eyes EUR 2.5 bn German portfolio
Dutch retail specialist Corio aims to double its German retail portfolio to EUR 2.5 bn in the next few years, Corio’s new CEO for Germany Hubertis Kobe said in an interview with PropertyEU TV at EXPO REAL.
-
PropertyEU Archive
German investment volumes to exceed EUR 20bn in 2011: CBRE
Transaction volume in the German real estate investment market is set to exceed EUR 20 bn in 2011, CBRE´s CEO for Germany Peter Schreppel told PropertyEU at EXPO REAL. ´This will be a very good year for the German market,´ he said. ´In the first nine months we already recorded ...
-
PropertyEU Archive
RBS to launch EUR 200m mall sale
UK lender RBS is set to place three Swedish shopping centres on the market, PropertyEU has learned. The three inner-city malls are to be marketed as a portfolio valued at about EUR 200 mln.
-
PropertyEU Archive
Cost of mezzanine financing to halve by end-2012: CBRE
The cost of mezzanine financing is forecast to decrease to 8% by the end of 2012 as a result of increased competition in the market, Natale Giostra, head of CBRE’s debt advisory unit in London, told PropertyEU during the EXPO REAL fair in Munich.
-
PropertyEU Archive
London captures 40% of investment from outside Europe: CBRE
London attracted almost half of the EUR 24 bn placed in European real estate by investors from outside Europe over the past 18 months, according to new research from real estate adviser CBRE.
-
PropertyEU Archive
CBRE completes acquisition of ING's Asian operations
CBRE (formerly known as CB Richard Ellis) said on Tuesday it has completed the acquisition of the Asian real estate investment operations of Dutch financial group ING. The move means that CBRE remains on course to take over the bulk of ING’s property investment arm ING REIM by the end ...
-
PropertyEU Archive
Expo Real is 'oasis of calm against backdrop of volatility'
Despite the volatility engulfing European markets, Expo Real is powering ahead as a beacon of stability, at least according to Eugen Egetenmeir, managing director of Messe München. 'In 2010, the mood was quite optimistic. However, since this summer, we have been engulfed by a new crisis,' he said at the ...
-
PropertyEU Archive
Allianz seeking to underwrite ‘billions of euros’ of loans
German insurer Allianz is seeking to underwrite ‘billions of euros’ of real estate loans over the next five years, in a bid to beef up its exposure to the sector, Helmut Mühlhofer, head of debt and capital markets at Allianz Real Estate in Munich, told PropertyEU on Tuesday.
-
PropertyEU Archive
Alternative lenders dominate hotel financing market, says Blackstone
Traditional bank lending is being replaced on a large scale by alternative lenders including sovereign wealth funds and insurance companies, Blackstone’s managing director Marty Kandrac said during a conference on hotel refinancing at EXPO REAL. The US private equity group, which last month took control of UK hotel chain Mint ...
-
PropertyEU Archive
Anti-cyclical investors eye distressed loans in Germany
Distressed loans are continuing to attract investors with an opportunistic, anti-cyclical approach, according to Thomas Köntgen, the new chairman of the board at Eurohypo, who has replaced Frank Pörschke.
-
PropertyEU Archive
UK banks set to replace eurozone peers in Savills lenders list
Property adviser Savills expects some of the eurozone banks in its list of big-ticket lenders to the UK property market to be replaced by UK institutions in the future and others by insurance companies benefiting from the Solvency II regulations.
-
PropertyEU Archive
Expo Real panel calls on insurers to plug debt gap
There is a growing need for insurance companies to become the ‘Seventh Cavalry’ to plug the debt gap in Europe, according to Paul Rivlin, co-founder of Palatium Investment Management in London.
-
PropertyEU Archive
WP Carey eyes major leaseback
Global investment manager WP Carey aims to finalise a major sale-and-leaseback transaction with a pan-European retailer before the end of the year, Cabot Lodge, president and head of European Investments at WP Carey told PropertyEU on the first day of Expo Real.
-
PropertyEU Archive
No shelter from Europe's sovereign debt crisis, says Dundee REIT CEO
Investors cannot avoid the European sovereign debt crisis by simply turning to other locations, Michael Cooper, vice-chair and CEO of Canada’s Dundee REIT, said during a conference at the Expo Real property fair in Munich.
-
PropertyEU Archive
Sonae draws up mall success checklist
International shopping centre specialist Sonae Sierra has presented a checklist at EXPO REAL to help evaluate whether a revitalisation of a mall in Germany will be a success or not.
-
PropertyEU Archive
'Ongoing financial crisis will overshadow Expo Real'
The ongoing financial turmoil in the eurozone will cast a shadow over Expo Real this year, Joe Valente, head of European real estate research and strategy at J.P. Morgan Asset Management in London, told PropertyEU. ‘The atmosphere is more depressed than last year. Sentiment is driving the market more than ...
-
PropertyEU Archive
Euro crisis dampens German market sentiment: King Sturge
Sentiment in the German real estate market is darkening in the wake of the current crisis afflicting the euro, according to the latest market survey from property adviser King Sturge.
