All Real Assets articles in Web Issue – Page 993
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PropertyEU Archive
Hammerson invests further €90m in luxury retail outlets
UK-based REIT Hammerson has invested further in the European luxury retail sector with a £78 mln (€90 mln) equity injection in Value Retail’s European Villages.
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PropertyEU Archive
ECE to manage Acity mall in Ankara
The Turkish arm of German developer ECE has been mandated by the Turkish A1 Group to design, lease and manage the Acity Shopping Center in the northwest of Ankara.
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PropertyEU Archive
Acron snaps up Swiss retail asset
Indirect investment specialist Acron has announced the acquisition of the Westcenter St Gallen retail centre in Switzerland for CHF 61 mln (€50 mln).
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PropertyEU Archive
Spain set for run of new buyers, experts agree
Spain's property market is experiencing a revival of interest among foreign investors keen to get into the game before recovery takes hold.
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PropertyEU Archive
EXCLUSIVE: Henderson loses head of Italian arm
Alberto Albertazzi is resigning his post as head of property at Henderson Global Investors' Italian office and as general manager of the Sgr fund management arm with effect from August 1.
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PropertyEU Archive
AXA RE sells food store portfolio in Germany
AXA Real Estate Investment Managers has completed the sale of a portfolio of 21 food retail assets located across Germany to Fairvesta Real Estate Fund for an undisclosed amount.
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PropertyEU Archive
Luxury existentialism takes hold in European capitals
Growth in Asian tourism is driving up rental values in luxury retail locations across Europe and pushing down initial yields
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PropertyEU Archive
New luxury retail locations emerge in European capitals
Growth in Asian tourism is providing a major boost to rental values in luxury high streets in major European capitals and the trend is not expected to reverse any time soon.
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PropertyEU Archive
Panattoni kicks off major project for Castorama in Poland
Logistics property specialist Panattoni Europe has started the construction of Castorama Polska, Poland's biggest development project of its kind so far this year.
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PropertyEU Archive
McAleer & Rushe JV sells Invest Northern Ireland's HQ
The Northern Irish government has acquired Invest Northern Ireland’s Belfast headquarters by buying the holding company Bedford Street Developments for close to the guide price of £40 mln (€46 mln).
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PropertyEU Archive
Logistics deals reach post-Lehman record in H1
European industrial investment volumes reached €5 bn during the first half of 2013, according to preliminary figures from global logistics giant Prologis.
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PropertyEU Archive
Abu Dhabi investor sells Bradford student housing
The Hayaat Group, a private investment company headquartered in Abu Dhabi, has completed the sale of The Green student housing facility in Bradford to a private Kuwait-based fund for over £40 mln (€46 mln).
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PropertyEU Archive
IVG shares plunge after restructuring talks with creditors collapse
German listed property company IVG Immobilien saw its share price plunge over 50% early on Wednesday after announcing late on Tuesday that debt restructuring talks with its creditor groups have collapsed.
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PropertyEU Archive
German hotel specialist closes Spanish hotel buy
German hospitality specialist Seaside Hotels has emerged as the buyer of 100% of the Westin Valencia hotel in Spain, PropertyEU has learned.
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PropertyEU Archive
Capital markets drive revenue growth at JLL
Jones Lang LaSalle reported earnings and revenue growth in the second quarter of 2013, boosted by a strong performance by capital markets & hotels in all regions.
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PropertyEU Archive
Carlton clinches Westin hotel sale in Valencia
Carlton, an international private equity firm headquartered in New York, has finalised the sale of the Westin Valencia hotel in Spain on behalf of a local financial institution.
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PropertyEU Archive
Qataris close purchase of French department store group Printemps
Private investors from Qatar have completed the acquisition of the Printemps department store business in France from Deutsche Asset & Wealth Management’s (DeAWM) real estate business and Italian businessman Maurizio Borletti.
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PropertyEU Archive
Cofitem-Cofimur merges with Foncière Paris France
Cofitem-Cofimur has finalised its merger with French office landlord Foncière Paris France (FPF) with an exchange ratio of nine Cofitem-Cofimur shares for seven FPF ones.
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PropertyEU Archive
Colliers International lifts revenue and earnings
Colliers International saw revenues rise 7% in the second quarter to $311.7 mln (€234 mln) compared with the year-earlier period.
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PropertyEU Archive
GPE sells Intesa Sanpaolo's London office
Great Portland Estates has exchanged contracts to sell Intesa Sanpaolo's London office at 90 Queen Street, for £61 mln (€70 mln), reflecting a net initial yield of 5.39% and 1.7% ahead of the June 2013 valuation.
