All Real Assets articles in Web Issue – Page 739
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PropertyEU Archive
Union bags H19 mixed-use asset in Düsseldorf
Germany's Union Investment has acquired the H19 mixed-use asset in Düsseldorf's Medienhafen area from an unnamed Luxembourg company. Financial details were not disclosed.
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PropertyEU Archive
NSI, Vastned O/I merge to create EUR 2.3b Dutch REIT
NSI has announced the completion of its merger with Vastned Offices/Industrial. The combination of the two Amsterdam-listed property companies will be known as NSI and will have a mixed real estate investment fund with a portfolio of EUR 2.3 bn.
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PropertyEU Archive
Global investment up 36% in Q3 despite sovereign debt crisis
Global direct real estate investment volumes in the third quarter of 2011 totalled $99 bn (EUR 72 bn), up 36% on the same period in 2010, according to figures released on Thursday by Jones Lang LaSalle.
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PropertyEU Archive
Dutch EUR 865m office portfolio attracts seven offers
The special servicer division of German financier Eurohypo has received seven indicative cash bids for the Dutch Uni-Invest office portfolio and is moving forward to collect binding offers by mid-December.
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PropertyEU Archive
INREV strengthens public affairs team
INREV, European Association for Investors in Non-Listed Real Estate Vehicles, has strengthened its public affairs team with two apppointments. Andreas Guth has been named public affairs manager and Claudia Kapp is the research manager.
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PropertyEU Archive
Leeming joins C&W's UK office agency team
Global property adviser Cushman & Wakefield has appointed Tom Leeming as a partner and head of its UK National Office Agency team. He joins Cushman & Wakefield after seven years with Jones Lang LaSalle.
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PropertyEU Archive
Savills appoints new head of retail agency in Germany
International property adviser Savills has appointed Stephan Jung to head its retail agency operations across Germany. He joins from Knight Frank where he was director of investment responsible for shopping centres and high street deals.
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PropertyEU Archive
JLL appoints MD for EMEA corporate finance team
Global property adviser Jones Lang LaSalle has confirmed that Philip Marsden is to become a managing director in the firm's EMEA corporate finance team and will look after business development across EMEA alongside Andreas Quint.
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PropertyEU Archive
LaSalle appoints head of strategic partnerships
LaSalle Investment Management has appointed Chris Brett to the newly created position of European head of strategic partnerships.
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PropertyEU Archive
Goebel to head German business at Berlin Hyp/LBB
Leonhard Goebel will become the new head of sales for real estate financing at Berlin Hyp and LBB's German business from January 2012.
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PropertyEU Archive
LaSalle takes over JER European business
LaSalle Investment Management has reached agreement with JER Partners to assume the management of its European real estate fund operations. Under the accord, LaSalle will be responsible for advising or managing the 13 investments in JER's European portfolios.
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PropertyEU Archive
Grand City in talks to buy Munich's JK Wohnbau
Listed Munich residential firm JK Wohnbau has confirmed that it has received an offer from Berlin-based Grand City Property Group aimed at taking control of the company. According to news reports, Grand City - which is owned by Israeli investors - is offering up to EUR 10 per share valuing ...
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PropertyEU Archive
Overseas buyers will continue to invest in London: C&W
Whilst uncertainty about the global economy is affecting levels of investment in commercial property in London, the West End saw relatively strong volumes in Q3 2011, according to global property consultant Cushman & Wakefield. With the potential for rental growth continuing to attract overseas and domestic investors' attention, there were ...
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PropertyEU Archive
Rockspring client buys student scheme in London
Rockspring Property Investment Managers has acquired a student accommodation scheme in London from UK property company Quintainon on behalf of a discretionary single client account.
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PropertyEU Archive
Immofinanz opens Silesia City Centre's extension
Austrian listed property group opened the extension this week to its Silesia City Center retail scheme in the Silesia region of Poland.
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PropertyEU Archive
Malmaison CEO steps down
MWB, the UK-listed hotels and serviced office group, said on Thursday that Robert Cook is stepping down from his position as CEO of its boutique hotels business.
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PropertyEU Archive
David Hunt named CEO of Pramerica Investment Management
David Hunt has been named chief executive officer of Pramerica Investment Management. Hunt joins from McKinsey & Company, where he was a senior partner and co-leader of its North American Asset Management practice.
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PropertyEU Archive
Cerberus-Whitehall to place half of their stake in GSW
GSW's majority shareholders Cerberus and Whitehall said they are planning to sell 8.2 million shares in the Berlin-based residential property company.
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PropertyEU Archive
Redevco names Eggenkamp as CFO
Redevco has appointed Marcel Eggenkamp as chief financial officer of Redevco. He formally began as CFO on 1 October after filling the position in an interim capacity for the past 4 months, following the departure of former CFO Dennis de Vreede.
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PropertyEU Archive
Kirby quits as London property director at CSC
Capital Shopping Centres (CSC) has confirmed that London property director Caroline Kirby is leaving as the UK shopping centre REIT reverts to a single regional operating structure.
