All PropertyEU Archive articles – Page 1146
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PropertyEU Archive
H1 DEALS: Residential and retail battle for supremacy in German Top-10
Consolidation and platform building led to the residential and retail property dominating the ranking of Top-10 real estate investment transactions in Germany during the first half of 2015.
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PropertyEU Archive
Klépierre boosts H1 revenues, revises full-year guidance
In its first combined operating results since taking over European retail specialist Corio, French REIT Klépierre reported higher rental income and revenues for the first six months of 2015 and upgraded its earnings guidance for the full year.
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PropertyEU Archive
CBRE earnings up 17% in Q2, targets $1.95 for full year
Global agent CBRE saw fee revenue rise 12% to $1.8 bn in the quarter ended June 30, up from $1.6 bn in the same period a year earlier.
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PropertyEU Archive
ECE's value-add fund buys €124m mall near Naples
German retail specialist ECE has carried out the second acquisition for its recently launched ECE European Prime Shopping Centre Fund II with the purchase of a shopping centre in Pompei, near Naples.
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PropertyEU Archive
JLL's Q2 earnings rise 20% despite negative forex impact
US real estate services giant Jones Lang LaSalle has seen its adjusted earnings per share rise 20% to $2.01 in the three months to end-June, up from $1.68 in the same period a year earlier.
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PropertyEU Archive
LaSalle IM offloads German mall to Deka for €213m
LaSalle Investment Management has sold a shopping centre in the German town of Hürth near Cologne to fund manager Deka Immobilien for around €213 mln.
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PropertyEU Archive
H1 DEALS: Blackstone remains voracious logistics buyer
US private equity firm Blackstone has continued its spending spree on European logistics and emerged as the biggest buyer in the first half of this year following a string of deals spanning the UK, France, Germany and the Netherlands.
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PropertyEU Archive
Prelios losses narrow in H1
Italian property services group Prelios, which sold its DGAG German residential portfolio to Buwog for €917 mln last year, reported lower losses for the first six months of 2015.
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PropertyEU Archive
Goldman Sachs JV buys Lloyds’ €3.7b NPL portfolio at 68% discount
A group of buyers including Goldman Sachs has emerged as the buyer of Lloyds Banking Group’s final Irish commercial property loan portfolio, paying £827 mln (€1.2 bn) for the €3.7 bn nominally-valued portfolio.
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PropertyEU Archive
China's Fosun closes €345m Italian debut acquisition
Chinese conglomerate Fosun has closed the purchase of Unicredit's former headquarters in Milan, its debut acquisition in the Italian real estate market.
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PropertyEU Archive
Patron Capital sells €80m Paris office property to Eurosic
UK private investor Patron Capital has exited a 19,000 m2 office investment in Malakoff, south of Paris, for €80 mln.
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PropertyEU Archive
Pbb grants €80m loan to Eurocastle for 'New Wave' German package
German lender pbb Deutsche Pfandbriefbank has financed the purchase by Fortress' Eurocastle Investment of the New Wave German commercial real estate portfolio.
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PropertyEU Archive
COMMENT: Is there a 'new normal' awaiting Greece?
Following what can only be described as momentous diplomatic and democratic efforts, Greece and the eurozone have stepped back from the brink, writes David Hutchings, head of C&W's EMEA investment strategy.
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PropertyEU Archive
Lone Star to buy UK developer Quintain for €986m
US private equity giant Lone Star is to buy UK developer Quintain Estates and Development in a deal which values the London-based firm at around £700 mln (€986 mln).
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PropertyEU Archive
JLL acquires AVM Partners to create major Turkish retail platform
JLL has announced the acquisition of AVM Partners, a major Istanbul-based retail management and leasing business, creating a 'clear market leader' for retail real estate services across Turkey, the US-based agent said in a statement.
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PropertyEU Archive
DIC, KKR JV launches twin-track investment strategy with €160m Munich deal
German Estate Group (GEG), a Frankfurt-based joint venture of private equity firm KKR and property investor Deutsche Immobilien Chancen-Group, has completed its first major transactions by acquiring two assets in Munich for a total of €160 mln.
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PropertyEU Archive
ECE raises €740m for 2nd European mall fund
German retail specialist ECE has raised €740 mln of equity commitments for its newly launched European Prime Shopping Centre Fund II.
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PropertyEU Archive
Kennedy Wilson lands UK regional office portfolio for €297m
Kennedy Wilson Europe Real Estate has completed the acquisition of nine office properties in the UK’s south east region from an affiliate of Apollo Global Management for £211 mln (€297 mln).
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PropertyEU Archive
L&G acquires Mitchells and Butlers' Birmingham HQ for €98m
Legal & General Property has purchased the freehold interest in the Mitchells & Butlers HQ offices and associated hotel situated on Fleet Street and Lionel Street in Central Birmingham.
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PropertyEU Archive
INTERVIEW: Segro consolidates platform across the ‘spine’ of Europe
Segro, the listed European logistics REIT, is currently engaged in consolidating its platform across the UK and continental Europe after boosting its joint venture with Canadian pension group PSP Investments to €1.7 bn in the past 18 months.


