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13 September 2010
Tuesday 29. June 2010
Former Metrovacesa investor Sacresa files for protection
Spanish real estate developer Sacresa, the holding company for the Sanahuja family which staged a board coup three...
Monday 28. June 2010
Austria's CA Immo pays E272m for Europolis
Ending a long sales process, Austrian listed property group CA Immobilien is to acquire the investment and asset...
Monday 28. June 2010
French Viveris sets E1.3bn investment plans
Marseille-based real estate manager Viveris REIM is looking to invest E400m over the remainder of the year and E900m in...
Monday 28. June 2010
Berlin said reversing course on fund writedowns
The German government is backing off from imposing stringent and potentially damaging new laws on open-end property...
Monday 28. June 2010
Russian Hermitage signs on E2bn La Défense tower
Russian-owned developer Hermitage Immobilier has signed an agreement with La Défense management company EPAD to deliver...
Monday 28. June 2010
Helsinki's Citycon boosted by Katzman, funding
Shares in Helsinki-based shopping centre group Citycon received a boost in mid-June when it announced that Chaim...
Monday 28. June 2010
Aareal starts early repayment of SoFFin stake
Wiesbaden-based property financier Aareal Bank is starting repayment of the silent participation by the German...
Monday 28. June 2010
Moody's affirms German Hudson Advisors rating
Hudson Advisors Germany, a non-performing loan workout unit of the Texas-based private equity group Lone Star Funds,...
Monday 28. June 2010
French Nexity to buy back 4.5% of shares
Listed realtor Nexity, the largest integrated real estate developer in France, is to carry out a share buyback program...
Monday 28. June 2010
Schomberg, Ohl found RE consulting firm
The former head of the Frankfurt-based fund manager Degi, Bärbel Schomberg, has set up, along with partner Dr. Karl...
Monday 28. June 2010
Bahrain's Arcapita in Romanian logistics project
Bahrain-based Arcapita's distribution facilities unit PointPark Properties is partnering local property advisory and...
Monday 28. June 2010
Capital Park to start E145m office in Warsaw
Warsaw-based Polish office, retail and residential developer Capital Park Group has obtained a building permit for the...
Monday 28. June 2010
Hungary's SCD in E200m office development
Hungarian property developer SCD Group is investing E200m in a Budapest office project to convert a 100-year-old...
Monday 28. June 2010
French Viveris sets E1.3bn investment program
Marseille-based real estate manager Viveris REIM is looking to invest E400m over the remainder of the year and E900m in...
Monday 28. June 2010
Russian Hermitage signs to build E2bn La Défense towers
Russian-owned developer Hermitage Immobilier has signed an agreement with La Défense management company EPAD on the...
Monday 28. June 2010
Austria's CA Immo wins Europolis with E272m bid
Austrian listed property group CA Immobilien has agreed to acquire the property investment and asset manager Europolis...
Monday 28. June 2010
Aareal starts early repayment of SoFFin silent stake
Wiesbaden-based property financier Aareal Bank is starting repayment of the silent participation by the German...
Tuesday 22. June 2010
Berlin may back off from fund writedowns after all
The German federal government may finally be backing off from imposing strict and potentially damaging new laws on the...
Monday 21. June 2010
AXA Real Estate mulls bid for ING REIM
AXA Real Estate, the property investment arm of France's largest insurer, is considering a bid for ING Real Estate...
Monday 21. June 2010
Vienna's listed conwert bids for associate ECO
Vienna's listed group conwert has launched a takeover bid for associated firm ECO at E6.50 per share, a premium of...
Monday 21. June 2010
German house prices up 1.4% in May
German house prices rose by 0.3% in May and were 1.4% up over the year, helped by the strongest monthly gain in...
Monday 21. June 2010
Spanish house price decline to continue - Fitch
Spanish house prices will likely continue to decline and remain under pressure at least until 2012, says ratings agency...
Monday 21. June 2010
Swiss Züblin back to profit in 2009/10
Zurich-based listed group Züblin turned in a net profit in its financial year to end-March of CHF10m, reversing a loss...
Monday 21. June 2010
Allianz shops for E235m French mall
The Allianz shopping spree continues - with another shopping mall. The Munich-based insurance giant has signed a deal...
Monday 21. June 2010
UK's Continental pays E142m for Madrid hotel
UK-based Continental Property Investment, the investment fund controlled by British investor Boutros El Khoury, has...
Monday 21. June 2010
German RE funds to grow to E24bn - INREV
German institutions could invest up to E8.1bn into non-listed real estate funds over the next three years and the total...
Monday 21. June 2010
First activity expansion in London, Paris - CBRE
Signs of a turning point in Europe's office sector were evident in first quarter, says realtor CB Richard Ellis. Its...
Monday 21. June 2010
Poland's Echo unveils E1.2bn 5yr investment plan
Warsaw-listed Polish property group Echo plans, by 2015, to invest over E1.2bn to construct 13 commercial centres, 16...
Monday 21. June 2010
UK's Resolution buys first Polish mall at 10% yield
UK-based European property investor Resolution has made its first acquisition in Poland buying retail mall Galeria...
Monday 21. June 2010
AXA mulls bid for ING REIM
AXA Real Estate, the property investment arm of France's largest insurer, is considering a bid for ING Real Estate...
Friday 18. June 2010
European mortgage arrears stable but may worsen - Fitch
Arrears on European housing mortgages are down or stable across most jurisdictions, with the best performance in the...
Thursday 17. June 2010
German house prices rise in May; existing homes revive
German house prices rose by 0.3% during May and were 1.4% up over the year as a whole, helped by the strongest monthly...
Thursday 17. June 2010
Allianz to acquire 75% of E235m French mall
The Allianz shopping spree continues - with another shopping mall. The Munich-based insurance giant has signed a deal...
Wednesday 16. June 2010
Augsburg's Patrizia buys E125m housing portfolio
Augsburg-based listed residential investor Patrizia is paying around E125m to acquire 508 apartments with floor space...
Wednesday 16. June 2010
Swiss Züblin back to profit in 2009/10; France improving
Zurich-based listed group Züblin Immobilien Holding turned in a net profit in its financial year to end-March of...
Wednesday 16. June 2010
RE funds need to improve governance - INREV
The real estate fund industry in Europe can and should improve corporate governance, particularly transparency,...
Wednesday 16. June 2010
Proposed Karstadt sale has no rating impact - Fitch
The announced sale of Germany's struggling department store chain Karstadt has no immediate rating impact on a...
Tuesday 15. June 2010
German 10% RE fund discount still on table
The German government has not dropped plans to impose a 10% across-the-board valuation discount on open-end property...
Tuesday 15. June 2010
Corporate raider likely to extend IVG shareholding
One of Germany's better known corporate raiders, Clemens Vedder, says he still intends to expand his shareholding in...
Tuesday 15. June 2010
French ILAT lease index blocked again
The French constitutional council has again blocked creation of the new ILAT rental index intended to provide a less...
Tuesday 15. June 2010
Poland's GTC earmarks E350m for Bulgaria projects
Warsaw-listed developer Globe Trade Centre has earmarked E350m for development projects in Bulgaria where it is...
Tuesday 15. June 2010
Spain's Realia to cut stake in SIIC de Paris
Listed Spanish real estate group Realia Patrimonio is to reduce its stake in French REIT SIIC de Paris to enable it to...
Tuesday 15. June 2010
Distressed RE `thunderous cloud' still there - RICS
Real estate professionals across 19 of 25 countries in a survey by the Royal Institution of Chartered Surveyors expect...
Tuesday 15. June 2010
REGISTER NOW FOR PIE NORDIC PROPERTY BREAKFAST - 2 July in London
Register now for PIE's Nordic Property Breakfast on Friday 2 July in London, the latest in our expert seminar series,...
Tuesday 15. June 2010
TriGranit transfers Romanian mall to Immofinanz
Hungarian developer TriGranit has transferred Polus Center mall under construction in Constantia, Romania, to...
Tuesday 15. June 2010
Orco restructuring approval contested
Troubled Czech listed CEE developer Orco Property Group, undergoing restructuring and recently emerged from court...
Tuesday 15. June 2010
Mayland plans new mall in Polish Torun
CEE mall developer Mayland Real Estate is to develop a new shopping centre in Torun, north-central Poland in...
Tuesday 15. June 2010
Spanish house price correction to continue - Fitch
Spanish house prices will likely continue to decline over the near-term and remain under pressure at least until 2012,...
Tuesday 15. June 2010
Vienna's conwert makes takeover bid for associate ECO
Vienna's listed residential property group conwert Immobilien has today announced a takeover bid for associated company...
Monday 14. June 2010
Italy's Risanamento to keep Paris portfolio
Italy's debt-laden listed group Risanamento wants to keep its Paris property portfolio even though it will carry out an...
Monday 14. June 2010
NL office yields stabilise; tenant demand up - Savills
Yields in the Netherlands office market are stabilising, and the majority of cities are seeing a significant increase...
Monday 14. June 2010
Distressed RE `thunderous cloud' still there - RICS
Real estate professionals across 19 of 25 countries in a survey by the Royal Institution of Chartered Surveyors expect...
Monday 14. June 2010
Property Direct scouts Europe for housing portfolios
The Paris-based Property Direct Group, headed by British-born Danny Silver, is scouting western Europe for residential...
Monday 14. June 2010
German 10% open property fund discount still on table - sources
The German federal government has not dropped plans to impose a 10% across-the-board discount on open-end property fund...
Saturday 12. June 2010
Corporate raider Vedder likely to extend German IVG shareholding
One of Germany's best known corporate raiders Clemens Vedder says he still intends to expand his shareholding in listed...
Friday 11. June 2010
German politicians said ignoring growing housing shortfall
German housing demand continues to rise while new homebuilding continues to decline, and the sector is being ignored by...
Thursday 10. June 2010
First signs of activity expansion in London, Paris - CBRE
Signs of a turning point in Europe's office sector were evident in the first quarter, says realtor CB Richard Ellis,...
Thursday 10. June 2010
German RE funds universe to grow to E24bn - INREV
German institutions could invest up to E8.1bn into non-listed real estate funds over the next three years and the total...
Thursday 10. June 2010
France says 2% of state property sell-off located in Paris
Some 28% of French state property earmarked for sale over by end-2013 will be office buildings and 2% of the total of...
Thursday 10. June 2010
UK's Continental Property pays E142m for Madrid hotel
UK-based Continental Property Investment, the investment fund controlled by British investor Boutros El Khoury, has...
Thursday 10. June 2010
Italian real estate targets coming social housing boom
The introduction of Italian government support for social housing via subsidised loans from state-owned banking group...
Monday 07. June 2010
Drivers Jonas Deloitte aims at wider Europe presence
The merger of commercial property realtor Drivers Jonas into Deloitte brings Nick Shepherd 680 new partners, and the...
Monday 07. June 2010
Gecina-Metrovacesa: Soon to be a major TV mini-series?
It reads like a story out of Dynasty or Dallas, those shoulder-padded 1980s tales of skullduggery and oil, mainly set...
Monday 07. June 2010
PIE NORDIC PROPERTY BREAKFAST 2 JULY IN LONDON - REGISTRATIONS NOW OPEN
Registrations are now open for the next in PIE's expert seminar series, the Nordic Property Breakfast on Friday 2 July...
Monday 07. June 2010
Moor Park's Spanish deal extends equity-provision strategy
Private equity group Moor Park Capital's e403m investment in Spain's Banco Sabadell in April was the latest corporate...
Monday 07. June 2010
Eurosic aims for growth to prepare for two-tier, limited-credit new world
Jean-Eric Vimont is preparing French property group Eurosic for the coming new world: a two-tier real estate market,...
Monday 07. June 2010
IPD conference highlights European uncertainty
European property professionals at the annual European conference of Investment Property Databank 10 days ago were...
Monday 07. June 2010
Colonia looks to expansion as restructuring draws to close
Cologne listed group Colonia Real Estate has almost completed its financial restructuring and re-focus in the aftermath...
Monday 07. June 2010
Fiduciary responsibility, alpha creation: Future pillars of RE investment
The real estate investment management industry did not emerge from the credit crisis with an enhanced reputation; too...
Monday 07. June 2010
Düsseldorf property trader WGF sets expansion, broadens financing
Düsseldorf's private property group WGF is on an expansion path and to support this it is placing a short-term debt...
Monday 07. June 2010
PIE German Property Breakfast sees investors returning, yields reverting
Property Investor Europe on 21 May brought together four experts to discuss the question: Can German real estate...
Monday 07. June 2010
GSW IPO failure may be correct response from capital markets
The international community has identified good reasons for the failure of the initial public offering of Berlin-based...
Monday 07. June 2010
Italy's EIRE trade fair expects 14,000 visitors
Italy's largest real estate trade fair, EIRE - Expo Italia Real Estate, is expecting more than 14,000 property...
Thursday 03. June 2010
Global property at inflection point - ING REIM
The global property market recovery is playing out rapidly in 2010, faster than forecast, and has now reached a crucial...
Thursday 03. June 2010
European commercial RE demand growing - Cushman
European commercial property was buoyed in first quarter by further growth in demand, particularly from foreign...
Thursday 03. June 2010
Poor performance expected for Greek real estate as austerity program bites
Poor performance is expected in the Greek real estate market for at least the next five years, mainly in retail as the...
Thursday 03. June 2010
Internet alters retail patterns amid significant demography shift - JLL
The internet and associated technologies will continue to liberate consumer power and are rapidly changing consumers'...
Wednesday 02. June 2010
Differing views aired on German housing after GSW cancels IPO
Sharply different attitudes to investment in German housing came under the spotlight at a conference last month, with...
Wednesday 02. June 2010
Sweden's Vasakronan in E565m housing sale
Sweden's largest property company Vasakronan, owned by national pension funds, has sold its residential property firm...
Tuesday 01. June 2010
Deutsche Wohnen boosts FFO by 55% at 2010 start
Berlin-based listed housing group Deutsche Wohnen posted a 55% rise in funds from operations for first quarter, to...