All Real Assets articles in Web Issue – Page 900
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PropertyEU Archive
MAPIC: Luxury goods lift retail property sector
The European retail property sector may be losing its lustre but luxury goods retailers are adding some shine as they become less of a niche The clear skies during the Mapic retail fair in Cannes in mid-November did much to temporarily disperse the sense of gloom in ...
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PropertyEU Archive
Hufvudstaden invests EUR 140m in Gothenburg
Swedish listed property group Hufvudstaden is acquiring a mixed-use property, located in the Nordstan shopping centre in central Gothenburg for SEK 1.3 bn (EUR 140 mln). The vendor is Swedish pension fund AMF.
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PropertyEU Archive
Deka makes 2nd major acquisition in Warsaw
Germany's Deka Immobilien has announced the acquisition of the International Business Center, an office and retail building, in downtown Warsaw for around EUR 148 mln. The vendor is an institutional European property fund of Munich-based GLL Real Estate Partners.
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PropertyEU Archive
AXA sees more growth in loan origination in 2013
AXA Real Estate is gearing up for a fresh round of lending in 2013 after successfully tapping the market for its debt platform in the past 12 months. The Paris-based investment manager has over EUR 2 bn to spend in the coming year after raising a total of EUR 7 ...
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PropertyEU Archive
MSCI completes acquisition of IPD
MSCI, a provider of investment decision support tools, has completed the acquisition of the Investment Property Databank (IPD).
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PropertyEU Archive
Italy's Prelios appoints new CEO
Struggling Italian real estate group Prelio has named Sergio Iasi as new Chief Executive Officer following the resignation of Paolo Bottelli in mid-November. Prelios also promoted Enrico Parazzini to deputy chairman, with a mandate to follow the development of the operation with Feidos aimed at the group's financial reorganization and ...
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PropertyEU Archive
MGPA leases Milan scheme to Aviva
European private equity group MGPA has leased the Light Building office scheme in Milan to insurance group Aviva, which intends to use the building as its new Italian headquarters.
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PropertyEU Archive
BlackRock taps into growing trend in European debt market
BlackRock’s move to launch a debt fund targeting infrastructure is part of a wider trend becoming visible in the European market. Indeed, there has been a sharp increase this year in the number of fund managers seeking to raise capital for infrastructure debt funds in Europe, according to Preqin.
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PropertyEU Archive
Pylos steers Volkswagen to Brussels pre-let
International real estate developer Pylos has secured a 2,000 m[sup]2[/sup] pre-letting agreement with Volkswagen Group Services at the E-Lite office redevelopment project in Brussels.
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PropertyEU Archive
Robert Sulentic takes helm at CBRE Group
Global property agent CBRE has announced the appointment of Robert E. Sulentic as new President and Chief Executive Officer effective from December 1, 2012.
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PropertyEU Archive
Goodman's Europe chief gets global exec role
Logistics property giant Goodman has announced two major changes to its senior management team, in a move which highlights the growing importance of Europe to the group's global development and investment platform.
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PropertyEU Archive
Peugeot clinches sale-and-leaseback in the UK
French automotive manufacturer PSA Peugeot Citroën has signed an agreement to sell and leaseback a portfolio of distribution assets in the UK to CBRE Global Investors for £30 mln (EUR 37 mln).
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PropertyEU Archive
Pik extends debt with Sberbank
Russian residential property developer PIK has reached an agreement with Sberbank, the group's largest creditor, to extend its existing debt repayment schedule with no change in interest rates.
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PropertyEU Archive
Corio signals EUR 1.4b mall sell-off
European retail specialist Corio intends to dispose of about 20% of its shopping centre assets, valued at EUR 1.4 bn, over the next three to four years as it focuses on its Favourite Meeting Places (FMP) strategy across its pan-European porfolio.
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PropertyEU Archive
Land Secs takes control of EUR 714m UK leisure portfolio
UK REIT Land Securities is taking a controlling stake in a fund that owns 16 entertainment and recreational properties in the UK. The investment volume for the aquisition of a 42% stake in the X-Leisure Unit Trust and its management business comes to £110 mln (EUR 135 mln).
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PropertyEU Archive
WDP acquires Dutch distribution centre
Closed-end real estate company WDP has acquired a distribution centre at Barneveld in the Netherlands for EUR 26 mln from local real estate company Pon Onroerend Goed.
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PropertyEU Archive
Real IS swims against the tide
The strong appetite for global property investments has prompted Real IS to develop another fund focusing on Australia, its ninth fund to date. Due to be launched in January 2013, Bayernfonds Australien 9 will be a pure equity fund with approximately A$130 mln (EUR 105 mln) and an initial annual ...
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PropertyEU Archive
AXA Real Estate sells four petrol stations in Spain
AXA Real Estate Investment Managers said its Alternative Property Income Venture (APIV) has sold four petrol stations from its 28-property portfolio in northern Spain.
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PropertyEU Archive
Tech and telecoms take-up outstrips banking for first time: CBRE
Take-up by technology and telecoms (T&T) companies has exceeded that of banking and finance companies across Europe for the first time ever, according to new research by CBRE.
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PropertyEU Archive
Redevco starts construction in Berlin
Redevco has officially started construction of its ALEA 101 scheme in Berlin. The mixed-use retail, office and residential property designed by Berlin architects Sauerbruch Hutton will be completed by early 2014, on Alexanderplatz, adjacent to the television tower.
