All PropertyEU Archive articles 鈥� Page 1023
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PropertyEU ArchiveCorestate acquires German high-street portfolio for 鈧�115m
Swiss asset manager Corestate Capital has announced the acquisition of a portfolio of 31 high-street retail properties in 30 German mid-sized cities for a price of €115 mln.
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PropertyEU ArchiveSamsung Life emerges as buyer of Paris office building for 鈧�330m
South Korean investor Samsung Life Insurance has emerged as the buyer of Unibail-Rodamco’s So Ouest office building in Levallois-Perret, Paris, PropertyEU can reveal.
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PropertyEU ArchiveMadison closes 鈧�420m sale of Statoil complex in Oslo at 5.4% yield
New York-based investor Madison International Realty has completed the sale of the Statoil office complex in Oslo to a club of local investors, established by Norwegian investment bank, Arctic Securities, for NOK 3.9 bn (€420 mln), representing a 5.4% cap rate.
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PropertyEU Archive90 North inks 鈧�70m Dutch office buy from Standard Life
90 North Real Estate Partners said this week that it has advised on the acquisition of the newly constructed global headquarters of Heerema Marine Contractors (HMC) in Leiden, The Netherlands, for €70 mln.
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PropertyEU ArchiveBrexit contagion spreads as major UK property funds suspend redemptions
As three of the largest UK open-ended real estate funds halt redemptions, Mark Carney, governor of the Bank of England, has warned that commercial property is a key risk for the British economy after the shock vote to leave the EU.
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PropertyEU ArchiveMetro plans largest retail logistics park in Germany
German retail giant Metro said on Tuesday that it plans to build its largest logistics hub in Marl to service the German wholesale stores of Metro Cash & Carry and theReal hypermarkets.
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PropertyEU Archive'Brexit clause' derails 鈧�1 bn of London real estate transactions
Many buyers are invoking a 'Brexit clause' to pull out of commercial property deals in London. Just in the last few days office and retail deals worth at least £850 mln (over €1 bn) have collapsed or are under review because of post-referendum jitters.
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PropertyEU ArchiveUK property stocks worst performer in June with 18% decline
The Brexit vote in the UK dragged down the country's listed property sector in June, according to data compiled by Global Property Research (GPR).
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PropertyEU ArchiveOUTLOOK H2 Opportunistic players circle UK real estate amid Brexit uncertainty
'My conviction is that smart capital will move if there are dislocations,' Alexander Fischbaum, managing director, AF Advisory, told PropertyEU's Outlook Investment Briefing held last week in New York.
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PropertyEU ArchiveOUTLOOK H2 'Best not hold your breath for a Brexit bounce'
Investors waiting for a 'Brexit bounce' shouldn't hold their breath, as the uncertainty following the EU referendum in the UK is likely to continue for months to come, according to Robert White, founder and president, Real Capital Analytics, speaking at PropertyEU's Outlook Investment Briefing in New York on 29 June.
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PropertyEU ArchiveOUTLOOK H2 'Don't just blame Brexit for all property jitters'
The UK's Brexit vote cannot take all the blame for the current property market jitters, Charles Ostroumoff, director of Arca Property Risk Management, told PropertyEU's Outlook Investment Briefing in New York last week.
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PropertyEU ArchiveBalder, AP3 buy 鈧�212m Swedish resi package from Aberdeen
Swedish-listed property company Balder and national pension fund AP3 have agreed to acquire a portfolio of 21 residential properties in Sweden from asset manager Aberdeen.
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PropertyEU ArchiveAXA IM - Real Assets bags Il Sole 24 Ore's HQ in Milan for 鈧�220m
AXA Investment Managers - Real Assets has completed the acquisition of the headquarters of newspaper Il Sole 24 Ore and PricewaterhouseCoopers at Milan's Via Monterosa 91 in an off-market deal valued at €220 mln, or a yield of just over 6%.
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PropertyEU ArchiveMeyer Bergman-Thor JV to sell Champs-Elysees asset for 鈧�490m - report
Meyer Bergman and Thor Equities have reportedly agreed to sell a retail-led mixed-use building on the Champs-Elysees in Paris for about €490 mln.
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PropertyEU ArchiveRedevco snaps up Belgian retail park for 鈧�60m
Retail real estate investment manager Redevco has acquired the Hydrion retail park in Arlon, capital of the southern Belgian province of Luxembourg, on behalf of one of its clients.
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PropertyEU ArchiveDavidson Kempner makes 鈧�72m counterbid for Italian hospitality fund
US private equity groups Davidson Kempner Capital Management and Capstone Equities Manager have announced plans to launch a public volontary offer for 60% of the units in the listed Delta Immobiliare closed-end fund managed by Italy's Idea Fimit.
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PropertyEU ArchiveCanterbury city council buys 鈧�94m mall from CPPIB
The Canterbury City Council has concluded the purchase of half of the city’s Whitefriars shopping centre in a deal worth £79 mln (€94 mln).
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PropertyEU ArchiveBlackRock launches alternative income fund for UK pension schemes
Asset manager BlackRock has announced the launch of the UK Strategic Alternative Income Fund, which will provide UK defined benefit (DB) pension schemes with access to a range of alternative income sources in one portfolio.
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PropertyEU Archive
Brexit is a surprise, but not a shock, says Tristan's Spry
The Brexit panic is overdone. ‘For real estate investors it is business as usual,’ according to Cameron Spry, head of Investments at Tristan Capital Partners.
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PropertyEU Archive'Brexit impact will be ultimately positive for euro-zone prime property'
Slower economic growth in the euro-zone, as a result of the recent Brexit vote, will dampen rental growth somewhat. However, this will be more than counter-balanced by the positive impact on prime property yields of looser monetary policy, according to a study published by Capital Economics.
