All Real Assets articles in Web Issue – Page 906
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PropertyEU Archive
BlackRock and RREEF create UK property fund giant
US listed investment manager BlackRock and Deutsche Bank's RREEF division are merging their UK funds to create what they say will be the largest property unit trust in the UK market.
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PropertyEU Archive
Risk of eurozone breakup higher than ever: DTZ
The continuing uncertainty surrounding the European sovereign debt crisis has increased the probability of a downside scenario with multiple eurozone exits, according to DTZ’s Annual Outlook report.
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PropertyEU Archive
Catella KAG buys Copenhagen office property
Catella Real Estate KAG has acquired a newly refurbished office property with 6,000 m[sup]2[/sup] of leasable space in the Danish capital Copenhagen. The investment volume was DKK 175 mln (EUR 23.5 mln).
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PropertyEU Archive
Prologis leases 50,000m[sup]2[/sup] in southern Netherlands
Prologis, a global owner, operator and developer of logistics real estate, has signed long-term leases totalling 50,200 m[sup]2[/sup] at Prologis Park Tilburg in the Netherlands.
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PropertyEU Archive
London's West End ranks 2nd in world office ranking
London’s West End district is the second most expensive business location worldwide after Hong Kong Central, according to CBRE’s semi-annual Prime Office Occupancy Costs survey.
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PropertyEU Archive
French 2012 investment volumes exceed expectations, says JLL
Investment in commercial real estate in Paris is likely to surpass earlier full-year expectations of EUR 8-10 bn, with the current forecast put at EUR 10-11 bn worth of deals, according to Stephan von Barczy, managing director of French capital markets at Jones Lang LaSalle.
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PropertyEU Archive
Union acquires Motel One hotel project in Amsterdam
Union Investment has signed a turnkey purchase contract for the first hotel to be operated by Motel One in Amsterdam. Financial details were not disclosed.
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PropertyEU Archive
Lapthorn adds to real estate dispute resolution team
UK law firm Blake Lapthorn has appointed senior associate Joe Copping to its real estate dispute resolution team. Copping has over 10 years experience of all aspects of commercial and residential property litigation. He is based in Blake Lapthorn's London office.
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PropertyEU Archive
PwC appoints new head for real estate division
PwC has appointed partner Craig Hughes as the new leader of its real estate practice.
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PropertyEU Archive
Dev Secs appoints group finance boss
UK REIT Development Securities said on Wednesday that Marcus Shepherd will take up the position of group finance director from 18 February 2013.
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PropertyEU Archive
Wereldhave sells three office buildings in Europe
Dutch listed property firm Wereldhave said on Wednesday that it is selling an office development in Paris to an unnamed French bank for EUR 91.5 mln.
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PropertyEU Archive
Citycon teams up with Canadians to buy giant mall in Stockholm
Finnish listed retail specialist Citycon is joining forces with the Canada Pension Plan Investment Board (CPPIB) to acquire the Kista Galleria shopping centre in Stockholm for around EUR 526 mln (SEK 4.6 bn).
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PropertyEU Archive
LaSalle completes retail purchase in the UK
LaSalle Investment Management has bought the long leasehold of retail scheme The Parkway in Bury St Edmunds in the UK.
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PropertyEU Archive
IFM sells high-rise office in Frankfurt
Germany's IFM Immobilien has sold the high-rise Romeo & Julia office scheme in Frankfurt's Westend district to the Swiss AFIAA Investment Foundation for Property Investments Abroad. The transaction value amounts to EUR 97 mln, according to press reports.
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PropertyEU Archive
Norwegians and Prologis form EUR 2.4b JV in Europe
Prologis and Norway's massive oil-fuelled state pension fund have formed a joint venture in Europe to buy the EUR 2.4 bn logistics portfolio made up largely of assets held by the former ProLogis European Properties (PEPR) fund.
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PropertyEU Archive
Cityhold completes third London acquisition of 2012
Swedish real estate investor Cityhold has carried out its third transaction in London this year with the acquisition of The Peak freehold office property.
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PropertyEU Archive
Patrizia adds EUR 700m AUM via Tamar takeover
German listed property company Patrizia Immobilien is acquiring London-based real estate investment and asset management company Tamar Capital Group.
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PropertyEU Archive
Redevco appoints UK managing director
Private Dutch property company Redevco has appointed Adam Starr as managing director of its UK operations with effect from 1 February 2013.
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PropertyEU Archive
Azerbaijani SWF buys Paris asset from AXA
Azerbaijan's State Oil Fund has acquired a prime mixed-use asset in Paris from AXA Real Estate for EUR 135 mln, just days after snapping up an office property in London's West End.
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PropertyEU Archive
Luxury shopping boosts top retail cities: CBRE
Cities with international reputations for luxury shopping are witnessing strong demand from retailers and will continue to benefit from high rents, according to new research from property adviser CBRE.
