All Real Assets articles in Web Issue – Page 830
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PropertyEU Archive
Green leases gaining traction, says Pramerica's COO
Green leases are gaining traction, according to Dale Taysom, chief operating officer at Pramerica, the real estate investment management business of Prudential Financial of the US.
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PropertyEU Archive
Goodman eyes logistics opportunities as e-retailing grows
Online shopping is having a massive impact on the retail property market, boosting demand for built-to-suit warehouses to support e-retailing, according to research published by Goodman Group.
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PropertyEU Archive
European weighting in GPR global index plunges
The cumulative weight of European property stocks in the global listed property sector - as represented in the GPR 250 Index - has plunged to 14% from 21% in the past four years, according to Global Property Research. From 1 January 2008 to 31 December 2011, the number of European ...
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PropertyEU Archive
Deutsche Hypo, BayernLB grant EUR 145m loan to Mfi
German lenders Deutsche Hypothekenbank and BayernLB have provided a EUR 144.5 mln loan facility to local developer Mfi for the construction of the Mönchengladbach Arcaden shopping centre in North Rhine-Westphalia, Germany.
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PropertyEU Archive
Befimmo closes EUR 150m private placement in the US
Belgian property firm Befimmo said on Thursday it has concluded a private placement of EUR 150 mln of notes in the US.
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PropertyEU Archive
St George buys News Int HQ in London for EUR 190m
St George, part of the Berkeley Group, has acquired News International's 15-acre former headquarters in Wapping, East London for £150 mln (EUR 190 mln).
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PropertyEU Archive
Debt crisis dampens deal activity in Mediterranean region
The Mediterranean region continues to be off institutional investors’ radar screens as its largest economies accounted for less than EUR 500 mln of property investment in the first quarter of 2012.
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PropertyEU Archive
Aguirre Newman hired to sell Bankia's Kio tower
Beleaguered Spanish property lender Bankia has appointed Aguirre Newman to divest its flagship Kio office tower in Madrid as part of a major property sell-off aimed at strengthening its finances.
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PropertyEU Archive
More distress ahead in Dutch office market, says Kempen
More distressed office portfolios are expected to come onto the market in the Netherlands, following the recent sales of the Uni-Invest and Orange portfolios, according to a research report issued by Kempen & Co.
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PropertyEU Archive
JLL appointed to market Plaza Centers' new Lodz project
Listed CEE property developer Plaza Centers has selected Jones Lang LaSalle to market its most recent project in Lodz, Poland. JLL will provide advisory services and will be responsible for renting the retail space of the Lodz Plaza scheme, comprising 120 shops, supermarket, and an entertainment area including a multiplex ...
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PropertyEU Archive
Prelios JV wins mandate to manage Italian pension fund assets
A consortium of companies led by Prelios has won a bid to manage a 13,000-property strong portfolio owned by INPS, Italy's largest public pension fund.
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PropertyEU Archive
Cordea Savills’ new French boss targets Benelux expansion
Cordea Savills’ new head of investment in France, Clement Pigott, aims to boost the fund manager’s presence in the country and use its Paris office as a springboard for expansion in the Benelux.
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PropertyEU Archive
Tristan/AEW Europe fund sells Finnish shopping centre
EPI, a fund co-advised by pan-European real estate investment managers Tristan Capital and AEW Europe, has sold the Myllykeskus shopping centre in Lappeenranta in south-eastern Finland through its strategic local partner Amplion Asset Management. The buyer is the centre's anchor tenant Etelä-Karjalan Osuuskauppa (EeKoo), part of the Finnish S-Group retailing ...
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PropertyEU Archive
Yield gap widens in Swedish investment market: Savills
The gap between yields for prime and secondary properties is set to continue to widen in Sweden as investors concentrate on prime product and the availability of debt for secondary assets remains tight, according to research from property adviser Savills.
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PropertyEU Archive
Prologis buys 60,000m[sup]2[/sup] Spanish distribution portfolio
Global industrial owner and operator Prologis has announced the acquisition of three distribution facilities in Barcelona from Morgan Stanley's P2 Value open-ended real estare fund. The financial details of the transaction were not disclosed.
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PropertyEU Archive
Wallenstam sells in Gothenburg for EUR 105m
Swedish listed property group Wallenstam has sold six commercial buildings in Gothenburg to Platzer Fastigheter, another listed company, for SEK 950 mln (EUR 105 mln). The deal was funded with SEK 150 mln worth of newly issued Platzer shares which will lift Wallenstam's stake in the Gothenburg-based company to around ...
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PropertyEU Archive
GPE acquires mixed-use scheme from Henderson fund
Great Portland Estates (GPE) has acquired the head leasehold interests in French Railways House and 50 Jermyn Street in London from Henderson Global Investor's Central London Office Fund 1. The purchase price of £39 mln (EUR 48 mln) reflects a net initial yield of 5.1%.
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PropertyEU Archive
Carrefour appoints new head of property arm
French retail giant Carrefour has announced the appointment of Francis Mauger as executive director of property development. He will supervise the activities of Carrefour Property in France, Spain and Italy working alongside Yves Cadelano, who is reinforcing the real estate division as director Carrefour Property France.
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PropertyEU Archive
De Paepe delivers Belgium's MG tower to KBC Bank
Developer De Paepe Group has handed over the 119-metre high MG Tower in the Belgian city of Ghent to investor and occupier KBC Bank.
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PropertyEU Archive
EU must sort its governance issues, says CBRE GI's Hendrikse
The European Union needs to address shortcomings in the way it is governed if it is to emerge stronger from the current eurozone crisis, says Pieter Hendrikse, CEO of CBRE Global Investors EMEA.
