All Real Assets articles in Web Issue – Page 908
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PropertyEU Archive
PSPI divests non-core assets in US and Switzerland
London-listed property investor PSPI has disposed of its US portfolio and one investment property in Switzerland.
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PropertyEU Archive
Deka trades bank buildings in France and Spain
Deka Immobilien has acquired the Austerlitz II property in Paris for EUR 169 mln. Completed in 2003, Austerlitz II has a total lettable area of approximately 22,600 m2, which is almost fully leased by French investment bank Natixis.
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PropertyEU Archive
Conwert buys majority stake in German resi firm KWG
Austrian listed property investor Conwert Immobilien has purchased a stake of around 60% in Hamburg-based residential company Kommunale Wohnen AG (KWG), which manages some 9,700 units in Germany.
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PropertyEU Archive
Cordea Savills buys office property in Helsinki
Asset manager Cordea Savills has acquired a 7,000 m[sup]2[/sup] office building in Helsinki for EUR 27 mln.
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PropertyEU Archive
JLL Hotels completes sale of CEE portfolio
Jones Lang LaSalle Hotels has announced the sale of the Austria Hotels International Portfolio on behalf of subsidiaries of Uniqa Versicherungen, one of Europe's largest insurers. The investment volume was not disclosed.
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PropertyEU Archive
LaSalle closes in on Paris office deal
LaSalle Investment Management has bought an office complex in the Montparnasse business district in Paris on behalf of ADIA, the Abu Dhabi Investment Authority, PropertyEU has learned.
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PropertyEU Archive
Immofinanz starts Nimbus construction in Warsaw
Vienna-listed Immofinanz has begun work on The Nimbus, its first office development project in Warsaw.
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PropertyEU Archive
Warimpex JV finalises Warsaw hotel sale to Deka
Joint owners Warimpex and developer UBM have concluded the sale of Warsaw's flagship InterContinental hotel to Germany’s DekaBank for over EUR 100 mln, the companies said on Friday. The transaction, first announced at end-October, is the largest hotel deal ever in Poland.
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PropertyEU Archive
Hansteen acquires €73m industrial portfolio
Hansteen acquires a portfolio of multi-let industrial estates in the UK.
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PropertyEU Archive
Top Deals 2012: Norges heads 2012 ranking
Norway’s sovereign wealth fund took the investment crown last year with German players also beefing up their weight Norway’s sovereign wealth fund tops PropertyEU’s ranking of top investors by total transaction volume in 2012. The SWF chalked up a transaction volume of more than €2.6 bn over ...
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PropertyEU Archive
Top Deals 2012: Investors cling to the core
Big Three Western European markets take 70% slice of investment pie Cross-border investors continued to play it safe in 2012, focusing mainly on the Big Three Western European markets - the UK, Germany and France. Aside from Poland and Russia, investment dried up across Central and ...
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PropertyEU Archive
DEAL WATCH 2012: End-of-year deal flurry
A slew of big-ticket deals in the final weeks of 2012 came after a lacklustre Q3 which saw risk-averse investors tread water Prologis proved the finish is more important than the start when it rounded off a year of ups and downs by sealing a 50:50 joint ...
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PropertyEU Archive
Top Deals 2012: Office transactions trump retail
Niche infrastructure-type assets become more attractive Large cross-border real estate investors focused on best-in-class office properties in stable locations in 2012 to lock in revenue streams.
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PropertyEU Archive
Outlook 2013: German cities outperform as safe havens
Investors will continue to head for German safe-haven cities in 2013, according to the ULI/PwC Emerging Trends report. Munich, Berlin and Hamburg all feature in the top 5 cities for existing property investments as investors search for dependable locations that can withstand economic turbulence.
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PropertyEU Archive
Industry leaders/Outlook 2013: Forecast 2013
PropertyEU asked six leading European real estate organisations to give their views on the challenges facing them and their members in the year ahead. Despite the downturn and weak industry sentiment - some even say because of it - all six have increased their membership over the past year and ...
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PropertyEU Archive
Allianz and Tristan consortium buys Warsaw Financial Center
A consortium of Allianz Real Estate and Tristan Capital Partners is acquiring the Warsaw Financial Center (WFC) for about EUR 210 mln. The vendors are Vienna-listed real estate company CA Immo and international investment manager Pramerica Real Estate Investors. They each hold a 50% share in the tower high-rise office ...
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PropertyEU Archive
Column: Same destination, better directions
December 2008 marked a milestone for the non-listed real estate funds industry. The introduction of the INREV Guidelines established the code of conduct for professional standards as a crucial first step towards greater cohesion and consistency. It had always been our intention to review and update the guidelines after three ...
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PropertyEU Archive
Interview: Pursuing the daily shopper
Retailers which succeed in drawing in the daily shopper are the key to growth and should be pampered, says French mall operator Klépierre A sharper focus on retail, further deleveraging and continued diversification of its financial sources are what lie in store for French REIT Klépierre in ...
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PropertyEU Archive
AXA raises £125 mln for £1bn Long Lease UK fund
AXA Real Estate Investment Managers is seeking to raise £1 bn (€1.2 bn) over the next five years for its recently launched UK Long Lease Property Fund. The fund aims to offer UK institutional investors, pension schemes and investment consultants a new property-based, liability matching solution with long and secure ...
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PropertyEU Archive
Corio sells 5 non-core properties for €118 mln
Amsterdam-listed shopping centre specialist Corio has sold four non-core retail properties and one office building for a total of €118 mln.
