All Real Assets articles in Web Issue – Page 886
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PropertyEU Archive
Savills appointed to sell Ashford castle in Ireland
International real estate advisor Savills has been appointed to sell Ashford Castle by receivers Ernst & Young. The historic, five-star resort hotel and estate is located in County Mayo, Ireland on the shores of Lough Corrib and the River Cong, and is on the market for a guide price of ...
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PropertyEU Archive
Befimmo simplifies its corporate structure
Belgian REIT Befimmo has reached an agreement with AG Real Estate to fully internalise property management activities currently performed by AG Real Estate Property Management and to take full control of the statutory manager of Befimmo SCA for a consideration of EUR 21 mln.
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PropertyEU Archive
Meyer Bergman lifts stake in major Polish mall
Meyer Bergman, the European retail real estate investment management firm, said on Wednesday that it has acquired an additional stake in Galeria Katowicka in southern Poland, and that it has completed the first phase of the development with the delivery of a new railway station at Katowice.
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PropertyEU Archive
Lending to UK real estate businesses continues to fall
UK bank exposure to real estate fell to 8.4% in the third quarter of 2012, the lowest level since 2002, according to the latest Bank of England quarterly lending figures.
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PropertyEU Archive
Deka buys InterContinental Warsaw hotel from Warimpex, UBM
Joint owners Warimpex Finanz- und Beteiligungs and UBM Realitätenentwicklung have announced the signing of a preliminary agreement on Warsaw's flagship InterContinental hotel to the WestInvest InterSelect retail real estate fund of Germany’s DekaBank.
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PropertyEU Archive
NREP acquires 86,000m[sup]2[/sup] of Swedish logistics
Nordic Investor NREP has increased its exposure to core logistics markets in Sweden with the purchase of 86,000 m[sup]2[/sup] in Gothenburg, Jönköping, Örebro and Stockholm.
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PropertyEU Archive
European listed property finishes 5.1% higher in October: GPR
The European listed real estate sector, as represented by the GPR 250 Europe Index. closed 5.1% higher in October.
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PropertyEU Archive
German office take-up above 10-year average in 2012
Take-up across Germany’s six key office markets amounted to 2.1 million m[sup]2[/sup] in the first nine months of the year, new research from Savills reveals.
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PropertyEU Archive
St Modwen raises EUR 100m with debut retail bond
UK regeneration specialist St. Modwen Properties has raised £80 mln (EUR 100 mln ) by issuing its first retail bond. The 6.25% Sterling Bonds are due on 2019.
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PropertyEU Archive
Italy sees just EUR 100m of retail deals in 2012
Italy saw less than EUR 100 mln of retail deals closed so far this year, according to a new research reported published by Jones Lang LaSalle. The figure compares to over EUR 900 mln registered in the same period a year before.
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PropertyEU Archive
Hemsö purchases two properties for EUR 30m
Swedish community services property company Hemsö is purchasing two properties for a total price of SEK 255 mln (EUR 30 mln) including transaction costs. The deal generated a yield of 7.1%.
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PropertyEU Archive
Multi and partners open town square in Amersfoort
European developer Multi has announced the opening of Eemplein town square in the Dutch city of Amersfoort. The project was executed in a partnership with Green, The Alliance housing corporation and the municipality.
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PropertyEU Archive
Occupiers' appetite spurs Poland's building frenzy
A combination of higher property yields and positive economic prospects has turned Poland into an investor darling and fuelled construction activity across the country’s major markets.
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PropertyEU Archive
ECE appoints Claudia Plath as head of finance arm
Germany's ECE Projektmanagement has announced that Claudia Plath will take over the responsibility for ECE's Finance division as managing director as of 1 January 2013. She will replace Karsten Hinrichs and be responsible for Asset Management, Corporate Finance, Accounting & Controlling as well as Risk Management.
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PropertyEU Archive
ECB measures boost attractiveness of European property: DTZ
The European commercial property market looks better value in Q3 with the DTZ Fair Value Index score for Europe rising to 62 from 53 in the previous quarter. The rise was attributed to falls on bond yields in the wake of the European Central Bank announcement that it will support ...
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PropertyEU Archive
Czech Republic to hit EUR 750m of deals in 2012, says Colliers
The Czech Republic has witnessed EUR 354 mln of deals so far this year, 80% below last year’s figure but well ahead of other CEE markets like Romania, Hungary and Bulgaria.
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PropertyEU Archive
25% of corporations fail to make FM a strategic priority
Nearly a quarter of major corporate companies do not treat facilities management (FM) as a strategic priority and, as a result, fail to take full competitive advantage in their sector, new research published by RICS shows.
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PropertyEU Archive
Arcapita weighs options as P3 flotation is scrapped
Bahraini investment company Arcapita has said it is 'weighing its options' after cancelling the planned IPO of asset manager PointPark Properties (P3). The IPO was designed to enable P3 to acquire a portfolio of institutional-grade logistics valued at EUR 760 mln which it manages for its parent company.
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PropertyEU Archive
European logistics direct returns beat other sectors: Prologis
Logistics real estate has delivered a higher direct return over the last 10 years than the other two main property segments, new research indicates.
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PropertyEU Archive
New European logistics fund buys Dutch distribution centre
Delin Capital Asset Management has raised EUR 200 mln of equity for its inaugural core logistics fund and made the first acquisition for the vehicle.
