Monday 20. July 2009
PFE/PIE takes summer publishing break; next PFE issue on 24 August
Property Finance Europe and Property Investor Europe is taking its traditional publishing break following PFE 130,...
Monday 20. July 2009
Special PIE Package offers 45% savings for EXPO Real 2009 promotion
Property Investor Europe will publish a specially expanded issue for EXPO Real 2009, taking place 5-7 October in...
Monday 20. July 2009
UK's Laxey nears takeover of Pirelli's Spazio at 66% discount to NAV
London-based Laxey Partners has taken 37.5% of AIM-listed Spazio, an Italian industrial property investor launched by...
Monday 20. July 2009
Spain's Afirma, former Astroc, to close e1.4bn refinancing by end July
Valencia-based Afirma, formerly Astroc Mediterraneo, aims to conclude refinancing of its e1.4bn debt at end-July,...
Monday 20. July 2009
Sweden's Castellum boosts RE management income, takes portfolio charge
Sweden's listed Castellum reported 18% first half growth in property management income but took a hefty depreciation...
Monday 20. July 2009
Düsseldorf's WGF sees strong opportunities in German market, redeems bond
Düsseldorf's private real estate trader WGF has been approached with some e300m of property assets over the last few...
Monday 20. July 2009
Swiss bank Sarasin launches world's first sustainable property fund
Basel-based private bank Sarasin is launching what it calls the world's first fund to specialise in shares of...
Monday 20. July 2009
Goldstein's Activum buys second property in Germany, from WestLB
Activum SG, the Jersey-based opportunity fund founded and run by former Cerberus Europe MD Saul Goldstein, has acquired...
Monday 20. July 2009
Italy's giant Enel picks Fimit to manage e190m non-core property fund
Italy's largest power company, the giant formerly state-owned Enel, has approved a plan to create a fund to be endowed...
Monday 20. July 2009
Baltics' retail returns seen still strong as locals fill funding gap
Despite the property market slide in Baltic nations due to the global economic crisis, strong returns can still be...
Friday 17. July 2009
Special Package offers 45% savings for EXPO Real 2009 advertising exposure
Property Investor Europe is pleased to announce publication of a specially expanded issue for EXPO Real 2009, taking...
Friday 17. July 2009
Goldstein's Activum buys second property in Germany, from WestLB
Activum SG, the Jersey-based opportunity fund founded and run by former Cerberus Europe MD Saul Goldstein, has acquired...
Thursday 16. July 2009
Spain's Afirma, former Astroc, close to e1.4bn refinancing
The Valencia-based listed real estate group Afirma, formerly Astroc Mediterraneo, aims to conclude refinancing of its...
Monday 13. July 2009
Australia's Valad rejigs Europe operations in JV with Bank of Scotland
The Australian-listed property group Valad is making a major restructuring of its European operations, founded just two...
Monday 13. July 2009
Patriciu RE group grows; Rutley European recommends 21% raised offer
AIM-listed Rutley European Properties has recommended an improved takeover offer by Black Sea Global Properties, the...
Monday 13. July 2009
French REIT Gecina makes new sale, to exceed e700m disposal target
French REIT Gecina has sold a 92,000 sq.m office building in the west of Paris for e98m as part of a disposal program...
Monday 13. July 2009
ECB's e60bn covered bond plan boosts issuance; need to diversify funding
The European Central Bank's announced program to buy up to e60bn in Pfandbrief covered bonds already boosted new...
Monday 13. July 2009
European real estate heartened by new e3.1bn Blackstone fund
European real estate has been strongly heartened by news that the US-based private equity group Blackstone has made a...
Monday 13. July 2009
Sweden's Kungsleden sells office assets at loss, 7% average yield
Swedish listed real estate group Kungsleden has sold seven commercial properties at a profit over book value but under...
Monday 13. July 2009
Dutch REIT VastNed Offices/Industrial completes e370m refinancing
The Dutch VastNed Offices/Industrial, an externally managed REIT/FBI, has completed the refinancing of the Dutch and...
Monday 13. July 2009
European property to return to normal only after 2010 - Aberdeen Property Investors
Commercial property markets in Europe face a challenging time in 2009 and 2010, and more attractive returns are...
Monday 13. July 2009
French buy-to-let housing risks over-build despite new fund launches
A number of French mutual real estate funds are being launched to target investment in new housing, taking advantage of...
Monday 13. July 2009
ECB seen facing tough issues on new Frankfurt premises
Whether and when the European Central Bank goes ahead with its move to new premises in the east of Frankfurt, the site...
Thursday 09. July 2009
French OPCI real estate funds seen success, with 31 firms, e6bn AUM
The development of French OPCI real estate funds, non-listed vehicles bound by similar fiscal rules to French...
Thursday 09. July 2009
German commercial property seen trapped in regulated market
German commercial property investment reached e3.6bn in first half 2009, the lowest in recent years, and because banks...
Tuesday 07. July 2009
DekaBank pays Sweden's Skanska e117m for Warsaw office
Swedish construction firm Skanska has sold for e117m the Deloitte House office building in Warsaw CBD to a fund managed...
Tuesday 07. July 2009
Germany's Drees & Sommer sees 2009 net holding steady; firms cost drive boosting demand
The Stuttgart-based project management and real estate consulting group Drees & Sommer boosted net income last year by...
Monday 06. July 2009
Grosvenor still wary of property crisis; fund focus in Europe
The London-based Grosvenor, most famous for its 330-year history and extensive Mayfair and Belgravia holdings, is...
Monday 06. July 2009
Spain's Colonial may set up contribution vehicle for illiquid assets
Struggling Spanish quoted property group Inmobiliaria Colonial, for the last year in the hands of its creditor banks,...
Monday 06. July 2009
France to move more strongly to optimise state assets - minister
After years of neglecting real estate assets, the French government is now keen to reorganise state-owned property,...
Monday 06. July 2009
French REIT Tour Eiffel protected in crisis by lack of single large assets
The two British-born heads of French REIT/SIIC Société Tour Eiffel have taken quick action to trim their company to the...
Monday 06. July 2009
German office 'honeymoon period' to end with economic downturn later this year
German office valuations in major cities are likely to run up against growing macro-economic weakness later this year...
Monday 06. July 2009
Rivero, Prasa to sell Spanish Sanyres homes group
Spanish care homes group Sanyres, set up by private family firm Grupo Prasa, has hung out the For Sale sign. The firm,...
Monday 06. July 2009
Airrail Center spaceship lands at Europe's busiest transport hub
Airrail Center, the massive office-hotel-retail edifice being developed at Frankfurt Airport by Germany's IVG and...
Monday 06. July 2009
Greek state RE agency KED wins new head, new powers
Greece is one of the European nations about to renew efforts to reap value from state-owned real estate in an attempt...
Monday 06. July 2009
Former Copper Beech MD sets e100m distressed property fund
Diwaker Singh, the former MD of Romanian residential developer Copper Beech, is setting up a CEE property investment...
Monday 06. July 2009
Russian property specialists tour Germany to gain know-how
One sign of the maturing of the Russian real estate market was an event last month organised by the country's largest...
Friday 03. July 2009
French house prices fall again in May after small recovery in April
French existing house prices fell 0.2% in May, according to the national realtors association FNAIM. The slowdown hit...
Friday 03. July 2009
Spain's Colonial may set up contribution vehicle for illiquid assets
Struggling Spanish quoted group Inmobiliaria Colonial, for the last year in the hands of creditor banks, is considering...
Thursday 02. July 2009
Stuttgart's Drees & Sommer sees 2009 net holding around 2008 levels
The Stuttgart-based project management and real estate consulting group Drees & Sommer boosted net income last year by...
Thursday 02. July 2009
Aberdeen acquires more Danish properties for contribution fund
Aberdeen Property Fund Denmark, has acquired assets from a Danish pension fund in a partial contribution swap in which...