All Real Assets articles in Web Issue – Page 745
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PropertyEU Archive
LaSalle fund buys into German offices
LaSalle Investment Management has purchased two German properties on behalf of its E-REGI special fund. The assets are the 2-Scheiben office building in the Place 4 business park, Ratingen near Dusseldorf, and the office building 13/15 Junghofstraße, Frankfurt. Financial details were not disclosed.
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PropertyEU Archive
CBRE strengthens global corporate services team in Italy
CBRE has recruited Raimondo Cogotti as head of its global corporate services team in Italy.
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PropertyEU Archive
TAG snaps up residential complex in Chemnitz
Listed German property firm TAG Immobilien has acquired a residential complex with 420 units in Chemnitz, Saxony, Germany from a private investor for EUR 24 mln. The deal is being funded with a capital increase in the amount of EUR 7 mln as well as a bank loan of just ...
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PropertyEU Archive
SWIP to forward fund Dev Secs' spec project near London
Scottish Widows Investment Partnership Property Trust (SWIPPT) has agreed to commit £50 mln (EUR 58 mln) to the forward funding of the first phase of Development Securities' speculative Hammersmith Grove project in the heart of the town centre.
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PropertyEU Archive
Edinburgh House wins new mall management mandates
UK property investor and developer Edinburgh House has been appointed to manage two UK shopping centres placed into receivership by Bank of Ireland, bringing its portfolio of shopping centres under management to six.
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PropertyEU Archive
IVG refinances Pegasus portfolio
German property group IVG Immobilien has extended the financing for the Pegasus-Portfolio expiring in the fourth quarter of 2011.
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PropertyEU Archive
La Française REM buys office in Montrouge for EUR 101m
La Française Real Estate Managers has bought Le Minéralis office building in the southern Paris suburb of Montrouge from German insurer Munich Ergo Asset Management for EUR 101 mln.
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PropertyEU Archive
MSREF set to buy EUR 204m Teal portfolio - report
Morgan Stanley Real Estate Funds is said to be closing in on the purchase of a £180 mln (EUR 204 mln) portfolio of industrial properties from Prologis.
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PropertyEU Archive
Immofinanz's Maritimo mall opens 99% let
Listed Austrian property group Immofinanz has announced the opening of its Maritimo shopping centre in Constanta, Romania.
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PropertyEU Archive
Prelios appoints new CFO
Listed Italian property firm Prelios has appointed Riccardo Taranto as its new chief financial officer. He succeeds Gerardo Benuzzi who is leaving the group to pursue new professional opportunities.
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PropertyEU Archive
Colliers to sell last available island in Venice lagoon
Colliers International has received an exclusive mandate to market for sale the last island available in the Venice Lagoon, San Spirito.
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PropertyEU Archive
Partners provides mezzanine finance for hotel buy
Partners Group, the Swiss private markets investment manager, is said to have provided mezzanine financing for Blackstone's acquisition of the Mint hotel chain.
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PropertyEU Archive
TIAA-CREF buys Munich mall for record low yield
TIAA-CREF, the pension fund manager for teachers in the US, has signed a preliminary agreement to buy a shopping centre in Munich for about EUR 415 mln, according to those who track the market. The price reflects a net initial yield of 4.6%, which is a record low for prime ...
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PropertyEU Archive
Hines strengthens European capital markets team
US private investor and developer Hines has appointed Michael Husung as director of capital raising with a focus on German-speaking investors in Germany, Austria and Switzerland.
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PropertyEU Archive
Neinver opens outlet centre in Krakow
European outlet centre operator Neinver has announced the opening of the Futura Park shopping scheme in Krakow, Poland's second-largest city. The centre, which welcomed a total of 28,000 visitors on its first day of trading, consists of a retail park and a factory outlet centre, with a total GLA of ...
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PropertyEU Archive
Equity Estate unveils management changes
European fund and asset manager Equity Estate has announced the departure of Hilbert Vedder per November 1, 2011.
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PropertyEU Archive
Economic risk reduction drives corporate sustainability: IVG
Reducing economic risk is the major driver for committing to corporate sustainability, followed by improvement of image and increased productivity, according to a new survey carried out by listed German property company IVG Immobilien.
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PropertyEU Archive
Real estate stocks 'likely to produce outsize returns'
Global real estate stocks are emerging from the recession leaner, better financed, and well-placed to take advantage of the expected pick-up in demand for commercial property space when economic recovery gathers pace, equity specialist AXA Framlington said in new research report.
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PropertyEU Archive
ING REIM sells logistics site in Frankfurt to Rewe
ING Real Estate Investment Management has sold the bulk of the MainLog Gehespitz logistics park near Frankfurt Airport to Cologne-based Rewe Group. Financial details were not disclosed.
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PropertyEU Archive
Holiday Inn to operate KPP hotel in Poland
InterContinental Hotels Group has become the operator of the hotel being built by Keen Property Partners Retail next to its Galeria Victoria retail and entertainment complex in Wa³brzych in southwestern Poland.
