All Real Assets articles in Web Issue – Page 765
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PropertyEU Archive
Kungsleden sells industrial property for EUR 40m
Listed Swedish property company Kungsleden is selling a commercial property for SEK 385 mln (EUR 40 mln) to automation technologies company ABB. The price reflects a property yield of 7.1%.
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PropertyEU Archive
Blackstone invests EUR 586m in UK industrial sector: report
Blackstone has reportedly invested some £500 mln (EUR 587 mln) in industrial real estate assets in the UK in recent weeks.
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PropertyEU Archive
JV acquires seven Von Essen hotels in the UK
A joint venture of Patron Capital and Halcyon Hotels has acquired 30% of the Von Essen hotel portfolio out of administration in the UK. The financial details were not disclosed.
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PropertyEU Archive
CBRE Global Investors appoints manager in France
CBRE Global Investors has announced the appointment of John Ozinga as country manager in France, effective in early 2012.
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PropertyEU Archive
Redevco withdraws from Asia; Gillis and Lie to leave
International real estate investor-developer Redevco has announced it is ceasing its activities in emerging markets and will temporarily withdraw from Asia to focus on its core European markets.
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PropertyEU Archive
ING RE sells Australian entertainment fund
ING Real Estate is selling a fund that owns entertainment and leisure venues in Australia and New Zealand. The Australian Entertainment Fund (IEF) is listed in Sydney and has total assets under management of AUD $235.6 mln (EUR 180 mln).
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PropertyEU Archive
FPF negotiates 'solution' with PHRV on takeover bid
Foncière Paris France (FPF) is negotiating a solution with PHRV regarding its hostile takeover bid and has asked shareholders not to tender their shares, the company said ahead of a shareholders meeting held in Paris on Thursday.
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PropertyEU Archive
UK property values slow in November: CBRE
UK commercial property values stalled in November After seven months of incremental capital value increases. Last month's total returns came to 0.4%, down from the 0.6% recorded in October, according to CBRE's latest UK Monthly Index.
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PropertyEU Archive
CEE investment volume set for record year
Commercial property investment volumes in Central and Eastern Europe (CEE) totalled EUR 8.7 bn at the end of November 2011, twice the level registered in the same period in 2010, according to the latest data from CBRE.
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PropertyEU Archive
IRE ramps up cross-border client focus
Invesco Real Estate (IRE), the international property investment manager, has announced a re-organisation in its European business and new appointments in its Paris office.
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PropertyEU Archive
Slow recovery forecast for global office market: C&W
Global office real estate markets will undergo a slow recovery, with several key markets poised to see growth continue through 2012 and 2013, according to Cushman & Wakefield's Global Office forecast. While 2011 began strongly in office markets around the world, apprehension and uncertainty led to a major bump in ...
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PropertyEU Archive
GE pension fund sells stake in London & Stamford
General Electric's pension fund has sold its entire stake in UK-listed REIT London & Stamford Property (LSP). General Electric Pension Trust had initially planned to sell 50 million shares, equating to 9.2% of the UK REIT's issued capital.
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PropertyEU Archive
Befimmo completes EUR 110m bond offering
Belgian listed property firm Befimmo has raised EUR 110 mln in an early closing of a public bond offering.
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PropertyEU Archive
Allianz RE spends EUR 260m in France
Allianz Real Estate has acquired two office buildings at Issy-les-Moulineaux near Paris for EUR 260 mln. The vendor is a property fund managed by Credit Suisse Asset Management.
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PropertyEU Archive
IMG acquires 70% stake in Russian retail park project
Investment Management Group (IMG) has completed the acquisition of a 70% stake in a retail park development project in Tver, Russia. The acquisition is earmarked for the group's Russia Development Fund.
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PropertyEU Archive
Rockspring strengthens research team new appointment
Ben Lonsdale has joined Rockspring Property Investment Managers' research team as senior research analyst. He will report to Jose Luis Pellicer, associate partner and head of research.
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PropertyEU Archive
Blackstone snaps up Paris office scheme
US private equity group Blackstone Group has acquired an office scheme in the ninth arrondissement of Paris from Aberdeen Immobilien KAG's frozen Degi International open-ended property fund. Financial details were kept confidential.
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PropertyEU Archive
INREV: Non-listed funds to draw more capital than overall sector
Future capital allocations to non-listed real estate will grow at a faster rate than the general real estate sector, according to a new Capital Sources Survey published by INREV.
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PropertyEU Archive
CBRE, DTZ picked to market London development
Investment manager Prupim has appointed CBRE and DTZ to let the 2 Waterhouse Square development in the heart of London's Midtown area.
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PropertyEU Archive
MAGAZINE: Frankfurt office landmark changes hands
Silberturm is the latest high-profile tower to be traded in the German financial capital this year as investors' run on defensive assets continues. The transaction is the focus of a deal in depth article in the December edition of PropertyEU Magazine.
