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Next Issue Monday
13 September 2010
Featured Events
- CoreNet Global Summit
27-29 September 2010
London, UK
- Commercial Real Estate Finance Council Europe
25-26 October
London, UK
- MAPIC 2010
17-18-19 November 2010
Cannes, France
Internos acquires remains of GPT Halverton for nominal e2
The London-based Internos Real Investors, launched in 2008 by Jos Short and Andrew Thornton, has acquired GPT Halverton, the European property fund management arm of Australia's GPT Group for the nominal sum of E2. This reflects the GPTH loss-making position and ongoing funding requirements of its restructuring program. GPTH manages some E1.7bn of gross assets in five funds and two separate account mandates in Germany and the Netherlands, in the industrial, office and retail sectors. (See upcoming PIE/PFE editions for full story)