All Real Assets articles in Web Issue – Page 762

  • PropertyEU Archive

    Italian market offers growth opportunities: JLL

    2011-11-30T00:00:00Z

    Italian real-estate investment has the potential to be a platform for growth in the medium term despite ongoing financial concerns across the Eurozone region, according to Jones Lang LaSalle research.

  • PropertyEU Archive

    Prologis leases 930,000 m[sup]2[/sup] in CEE

    2011-12-01T00:00:00Z

    Industrial real estate specialist Prologis has leased more than 930,000 m[sup]2[/sup] of space in Central and Eastern Europe in the first three quarters of the year, up 20% on the same period in 2010.

  • PropertyEU Archive

    Salans advised on EUR 135m Czech industrial park deal

    2011-12-01T00:00:00Z

    International law firm Salans confirmed it advised Tristan Capital Partners, on behalf of its Curzon Capital Partners III fund, on the purchase of an 80% stake in six industrial parks in the Czech Republic. The parks were previously owned, developed and managed by VGP. The value of the transaction was ...

  • PropertyEU Archive

    GPR 250 Europe Index closes 4.4% lower in November

    2011-12-01T00:00:00Z

    The European listed property sector - as represented by the GPR 250 Europe Index - finished October 4.4% lower in November, eating into the 6.2% return booked the previous month. Apart from Belgium (0.6%), the individual country market performances were all in negative territory. Spain and Italy were the worst ...

  • PropertyEU Archive

    Wihlborgs buys office in Lund for EUR 34m

    2011-12-01T00:00:00Z

    Swedish company Wihlborgs Fastigheter has acquired an office property in the Swedish city of Lund for SEK 310 mln (EUR 34 mln). The vendor was development and construction group Skanska.

  • PropertyEU Archive

    Orchard St expands after winning EUR 900m mandate

    2011-12-01T00:00:00Z

    Orchard Street has recruited six staff after winning an investment management mandate for St James's Place Wealth Management. The mandate is for £800 mln (EUR 932 mln) of property funds which brings Orchard Street's total funds under management to £2.5 bn.

  • PropertyEU Archive

    Aareal finances logistics portfolio in Germany and Poland

    2011-12-01T00:00:00Z

    German lender Aareal Bank has provided a loan of EUR 300 mln to refinance a logistics property portfolio owned by the Goodman European Logistics Fund (GELF). The portfolio comprises 34 properties in Germany and Poland with a total lettable area of over one million m[sup]2[/sup].

  • PropertyEU Archive

    Blackstone fund acquires fourth Polish mall

    2011-12-01T00:00:00Z

    US private equity group Blackstone has added a fourth shopping centre to the portfolio of its Polish fund, King's Street Retail. The acquisition of Galeria Pestka from a private German investor was completed on 30 November.

  • PropertyEU Archive

    OMERS gets German financing for major UK acquisition

    2011-12-01T00:00:00Z

    Oxford Properties, the real estate arm of the Canadian pension giant OMERS, has secured a £217 mln (EUR 253 mln) facility for the acquisition of Green Park business park in the UK city of Reading. The facility was provided by German lenders Eurohypo, pbb Deutsche Pfandbriefbank and Bayerische Landesbank.

  • PropertyEU Archive

    Knight Frank adds to Munich valuations team

    2011-12-01T00:00:00Z

    Knight Frank has appointed Peter Kaiser as associate director in the commercial valuation team in Munich. Kaiser previously worked at Hypo Real Estate Bank and Goldman Sachs' Archon Group in asset management and valuation.

  • PropertyEU Archive

    AEW names managing director for Italy

    2011-12-01T00:00:00Z

    Real estate investment manager AEW Europe has named Massimiliano Bernes as managing director of its business in Italy. In this role, he will be responsible for developing the company's European investment platform in the Italian market.

  • PropertyEU Archive

    HDG Mansur appoints new chief financial officer

    2011-12-01T00:00:00Z

    HDG Mansur has appointed Thomas Kmiecik as executive vice president and chief financial officer. Until recently Kmiecik was senior treasury officer at Forest City Enterprises, a $12 bn (EUR 9 bn) NYSE-listed real estate development company.

  • PropertyEU Archive

    Catella buys stake in Dutch asset manager

    2011-12-01T00:00:00Z

    Stockholm-based Catella has become the only institutional shareholder in IPM Informed Portfolio Management through the acquisition of just over 5% of the shares in IPM's Dutch holding company. In a press release, Catella said it intends to increase its ownership stake in the long term as part of its plans ...

  • PropertyEU Archive

    Henderson awards UK management mandate

    2011-12-01T00:00:00Z

    UK-based fund manager Henderson has appointed M J Mapp to manage 21 real estate assets in London and Edinburgh with a combined value of £420 mln (EUR 490 mln).

  • PropertyEU Archive

    Creditors call in debt at Battersea power station

    2011-12-01T00:00:00Z

    Lloyds Bank and Ireland's asset agency NAMA are on the verge of taking control of the landmark Battersea power station (BPS) development site on the River Thames in London.

  • PropertyEU Archive

    Boekel de Nerée names RE partner

    2011-12-01T00:00:00Z

    Ariën van Heesen is to become partner at Boekel De Nerée in January, joining 29 other shareholders in the Dutch law firm.

  • PropertyEU Archive

    Distressed loans enter critical phase, says Corestate

    2011-12-01T00:00:00Z

    Distressed real estate debt is the ‘critical issue’ affecting European real estate markets, according to Ralph Winter, founder and chairman of Swiss-based private equity group Corestate Capital.

  • PropertyEU Archive

    Thierry Juteau to head C&W's French investment team

    2011-12-01T00:00:00Z

    Thierry Juteau starts as head of the investment department (capital markets group) at Cushman & Wakefield France in January. Prior to this he has headed the office letting team in France and has 20 years of experience in commercial real estate.

  • PropertyEU Archive

    Helios hires Peeters from Goodman

    2011-12-01T00:00:00Z

    Helios Europe has appointed Peter Peeters as chief technical officer for the logistics developer's EUR 1 bn pan-European development programme.

  • PropertyEU Archive

    Östberg joins Savills Sweden

    2011-12-01T00:00:00Z

    Savills has appointed Fredrik Östberg to its Swedish investment team in Stockholm as a director. He will be part of the investment team's management group with a focus on building client relations and transactions.