All Real Assets articles in Web Issue – Page 791
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PropertyEU Archive
Segro offloads 3 UK industrial assets for EUR 73m
UK industrial REIT Segro has divested three multi-let industrial park assets to the UK Commercial Property Trust Limited, managed by Ignis Asset Management, for a total of £60.5 (EUR 73 mln), reflecting a net initial yield of 7.34%.
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PropertyEU Archive
Green Rating Alliance elects Hendrikse as chairman
Pieter Hendrikse, CEO of CBRE Global Investors EMEA, has been elected chairman of the Green Rating Alliance for 2012, succeeding Pierre Vaquier, CEO of AXA Real Estate.
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PropertyEU Archive
BNP Paribas appoints Nicolas Becker as deputy CFO
BNP Paribas Real Estate has announced the appointment of Nicolas Becker as new deputy Chief Financial Officer.
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PropertyEU Archive
Henderson to redevelop Birmingham office tower
Henderson Global Investors has submitted a planning application for the redevelopment of a landmark office tower in Birmingham into housing units.
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PropertyEU Archive
Qatar's SWF buys Credit Suisse's London HQ
Qatar Investment Authority, the country's sovereign wealth fund, has confirmed the purchase of Credit Suisse's London headquarters at One Cabot Square in Canary Wharf, London. Although financial details were not disclosed, the deal price is understood to amount to some EUR 400 mln.
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PropertyEU Archive
ECE Türkiye, Carrefour expand Maltepe park in Istanbul
ECE Türkiye, the Turkish arm of German retail specialist ECE Projektmanagement, and retail group CarrefourSA have announced plans to nearly double the size of their CarrefourSA Maltepe Park in Istanbul. The planned investment cost was not disclosed.
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PropertyEU Archive
C&W names new head of industrial in Slovakia
Cushman & Wakefield has promoted Martin Balaz to the post of head of the Industrial and Retail Warehouse team in Slovakia. Balaz joined C&W's Bratislava office in 2008.
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PropertyEU Archive
BNP Paribas RE to launch record 250,000m[sup]2[/sup] of office development
BNP Paribas Real Estate is launching 250,000 m[sup]2[/sup] of office development in 2012, a recorded compared with the annual average of 100,000 m[sup]2[/sup] over the last 10 years. The international real estate advisory arm of French banking group BNP Paribas said that 206,000 m[sup]2[/sup] of offices was delivered in 2011.
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PropertyEU Archive
AXA seals 175,000 m[sup]2[/sup] French office lettings in 2011
AXA Real Estate signed 96 leases representing a total of 175,000 m[sup]2[/sup] of space across its French office portfolio in 2011. This is a 23% increase on the total of 142,000 m[sup]2[/sup] of lettings in 2010.
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PropertyEU Archive
Multi Mall Management celebrates 2 billion visitor milestone
Multi Mall Management (MMM) has celebrated reaching the two billion footfall milestone across its 46 shopping centres in eight European countries. The figures corresponds to 30% of the world's population, or the entire population of China and Europe.
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PropertyEU Archive
Segro prepares ground for 20 new developments
UK industrial property REIT Segro has 20 developments under way or contracted as part of its strategy of reshaping its European portfolio.
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PropertyEU Archive
Aareal cautious on 2012 after 38% rise in profits
Aareal Bank Group saw consolidated operating profit rise 38% to EUR 185 mln in 2011 compared to the previous year after a 17% increase in fourth-quarter operating profit. Full-year net income doubled to EUR 93 mln.
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PropertyEU Archive
RBS gives EUR 47m boost to Kwit Fit landlord
The RBS Real Estate Finance team in Scotland is providing a £39 mln (EUR 47 mln) funding facility to support the expansion of the fast-fit tyre business Kwik Fit in the UK. The lender agreed to provide the facility to GE Prem KF, a joint venture real estate investment vehicle ...
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PropertyEU Archive
Income tops the priority list for most property investors: Aviva
Investment professionals have noted an increased focus on income among clients across most asset classes, according to a recent survey conducted by Aviva Investors' multi-manager team. The results show that 83& of real estate managers believe clients are more focused on income today than they were previously, followed by 71% ...
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PropertyEU Archive
Bernhard Kraus joins management at Union Investment Institutional Property
Bernhard Kraus has joined the management team at Union Investment Institutional Property. He is responsible for securities transactions as part of pooled real estate solutions. In addition to his new role, Kraus is a director of Frankfurt-based sister company Union Investment Institutional, a position he has held since 2008 and ...
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PropertyEU Archive
Housing co-op takes over Oslo-listed developer
Cooperative housing association Oslo Bolig- og Sparelags' (OBOS) is launching a mandatory offer to acquire the 8% of shares it does not already own in Oslo-listed property company Fornebu Utvikling (FBU).
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PropertyEU Archive
Most investors unclear on sustainability criteria: research
Optimising lifecycle costs is becoming more important but only one in five European real estate investors feel there are clear evaluation criteria for sustainable buildings in their respective countries, according to research carried out by German proeprty company Union Investment.
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PropertyEU Archive
HB Reavis gets financing for Slovakian office project
CEE developer HB Reavis has secured EUR 12 mln bank financing from Tatra banka for its office building project Aupark Tower in the Slovakian city of Košice. The financing was granted for a term of four years.
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PropertyEU Archive
Real IS spends EUR 1b on real estate in 2011
Real IS acquired EUR 1 bn of real estate during 2011, adding properties in Germany, the Netherlands, France and Australia to its portfolio, the German closed-end property fund manager said on Wednesday.
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PropertyEU Archive
Warburg-Henderson buys Hague office for EUR 27m
UK-German joint venture Warburg-Henderson has bought Haagsche Hof, an office complex in the centre of The Hague, from IVG Institutional Funds for EUR 27mln. The building has lettable space of 11,000 m[sup]2[/sup] spread over six floors and 303 parking places.
