Friday 25. July 2008
Australian Mariner engages HSH Nordbank to buy e500m in German property
Hamburg's HSH Real Estate has been engaged to purchase e500m of German health-care real estate for Australian...
Friday 25. July 2008
Fidelity's Pembroke makes first Nordic acquisitions to follow French assets
Pembroke Real Estate, the real estate investment arm of the Boston-based Fidelity funds group, has made its first...
Friday 25. July 2008
French REIT Altarea raise e375m; founders' stake falls below 60%
French shopping centre REIT/SIIC Altarea has raised e375m through a capital increase to existing shareholders and...
Friday 25. July 2008
Turkey gears up to match Spain in attracting foreign housing capital
Following the rejection by Turkey's Constitutional Court of legislation banning foreigners from owning real estate and...
Friday 25. July 2008
Italy's Monte Paschi, Lehman in JV to move e100m assets off book
Italy's Sansedoni and Lehman Brothers have completed the acquisition of Vim, a unit of Siena-based bank Monte Paschi di...
Friday 25. July 2008
French prime office rents show no sign of slowdown - Keops
French prime office rents in the first six months continued to rise and there is no sign of a slowdown, according to...
Friday 25. July 2008
Russian hotel chain Azimut to spend $600m in Germany, Austria
The Russian-owned hotel chain Azimut is to invest $600m by the end of 2010 in hotel assets in Austria and Germany after...
Friday 25. July 2008
Frankfurt's Opera, Exhibition, Japan Center towers all said for sale
Three major office buildings or development projects in Frankfurt are currently up for sale, including the prestigious...
Friday 25. July 2008
Madrid's Four Towers begin leasing into Spain's reeling property sector
The four skyscrapers in the Cuatro Torres Business Area of Madrid, the highest buildings in Spain, are starting to...
Friday 25. July 2008
PFE closes office in first two August weeks for vacation; next issue 25 August
Property Finance Europe Edition 84 is the last before a nearly four-week summer break, with the next Edition scheduled...
Monday 21. July 2008
Swiss Global Property buys 10% of Czech developer, option for 49%
Global Property Capital investment company of Switzerland has bought a 10% stake in Czech residential developer Central...
Monday 21. July 2008
Austria's Meinl to invest e370m in three Romanian malls with partner
Austrian listed investment company Meinl European Land, recently taken over by Tel Aviv-based property company Gazit...
Monday 21. July 2008
Ireland's Quinlan Private Golub in Polish, Slovakian moves, enters Lithuania
Ireland-based group Quinlan Private Golub is starting a number of developments across the central and eastern Europe...
Monday 21. July 2008
Spain's NH Hotels stops domestic expansion, to focus on international
Spain's NH Hotels, one of Europe's largest business hotel chains, is to cease expansion in Spain and concentrate on...
Monday 21. July 2008
INREV launches fund style classification white paper
The European property funds association INREV has proposed overhauling definitions of investment styles for Europe's...
Monday 21. July 2008
Private holding company boosts German DIC Asset stake to nearly 40%
The private holding group for German commercial property investor DIC Asset, Deutsche Immobilien Chance, has boosted...
Monday 21. July 2008
CEO Mitterrand boosts stake in French Nouveaux Constructeurs as share suffers
The founder and CEO of French listed housing developer Les Nouveaux Constructeurs, Olivier Mitterrand, nephew of the...
Monday 21. July 2008
Not only credit crunch boosting financial dimension of real estate - handbook
The financial dimension of real estate is on the rise and cannot be overlooked in an increasingly global marketplace,...
Monday 21. July 2008
Spain's Martinsa-Fadesa collapse intensifies worries across continent
The collapse of a second major real estate firm in Spain, the listed housing developer and investor Martinsa-Fadesa,...
Friday 11. July 2008
Aging trend is opportunity for German housing investors - Aengevelt
German housing topped office and retail property as an interesting asset class for 1,000 real estate professionals...
Friday 11. July 2008
New RE investment opportunities opening in Europe - Europa Capital's Manns
A range of new real estate opportunities are opening up in Europe as a result of difficulties caused by the credit...
Friday 11. July 2008
French retail mall REIT/SIIC Klépierre raises e750m syndicated loan
French shopping centre REIT/SIIC Klépierre has signed a term loan to raise new funding of e750m with a syndicate of six...
Friday 11. July 2008
Greece finally launches land registry process to regulate development use
Greece has finally launched its long-delayed land registry project in a bid to regulate the country's chaotic system of...
Friday 11. July 2008
German open-ended property funds lift foreign buying - BVI
German open-ended property funds have boosted their European purchases in the past year while trimming their exposure...
Friday 11. July 2008
Germany's Hesse restarts auction of e400m Leo III portfolio
The German federal state of Hesse has restarted its auction sale of the state facilities and office buildings bundled...
Friday 11. July 2008
Spain's Colonial to yield stake in builder FCC; reinstate Bruguera as chairman
Listed Spanish property group Colonial has decided to surrender its 15% stake in builder FCC - for around e50 per...
Friday 11. July 2008
France moves toward single administrator for e45bn of state property assets
France is moving to set up a single body to administer around e45bn in state property, reflecting moves in Italy. "I...
Friday 11. July 2008
Kalmyk billionaire plans chess-shaped hotels
Kirsan Iljumzinov, a billionaire and chess fanatic from Kalmykia, southwest Russia, is seeking land in Tallinn,...
Friday 11. July 2008
European real estate enters eye of credit storm as summer takes hold
European real estate is entering the eye of the credit crunch storm as summer begins, with most professionals seeing...
Monday 07. July 2008
German IVG stock slides after EPRA disqualification from EPRA/NAREIT index
The European Public Real Estate Association, the transcontinental body that represents listed property firms, has...
Monday 07. July 2008
Sweden sells Vasakronan property group to domestic AP fund for e4.4bn
The Swedish government has finally announced the sale of the state-owned property company Vasakronan to AP Fastigheter,...
Monday 07. July 2008
Natixis, Credit Suisse close e150m facility for Colony, Eurozeo fund
The French and Swiss banks Natixis and Credit Suisse have closed a e150m senior secured revolving credit facility for...
Monday 07. July 2008
Four European banks in e700m club deal on Lone Star's Deutsche Post acquisition
Four European banks have announced a club deal to provide e700m financing for the acquisition of more than 1,000...
Monday 07. July 2008
AXA REIM closes e466m French, Swiss Accor hotel deal
AXA Real Estate Investment Managers, part of the AXA insurance group, has closed the acquisition of the first tranche...
Monday 07. July 2008
Swiss Züblin maintains intention to launch G-REIT despite postponement
The Zurich-based listed property investor Züblin Immobilien is maintaining its intention to launch a German REIT...
Monday 07. July 2008
French SIIC Gecina pays e157m for Khapa Boulogne Billancourt
French REIT/SIIC Gecina, still in the midst of a separation from Spanish listed group Metrovacesa, has bought the mixed...
Monday 07. July 2008
Risanamento confirms LOI from Dubai World's Limitless on Falck, Santa Giulia
Struggling Milan-based real estate developer Risanamento has confirmed it has received a letter of intent from Dubai...
Monday 07. July 2008
Austria's Immofinanz, Immoeast to buy out Constantia real estate; launch funds
One of the most closely-watched events in recent Austrian real estate finance - the sale by Constantia Privatbank of...
Monday 07. July 2008
Merrill German housing study encounters scepticism; Lehman says overstated
A study released in late June by Merrill Lynch that led to falls in the share prices of German listed groups focused on...