All PropertyEU Archive articles – Page 1660
-
PropertyEU Archive
IVG Funds add to Warsaw office portfolio
Germany's IVG completed the purchase in December of the Mlodziejowski Palace historic building in Warsaw for over EUR 22 mln. The vendor is a company managed by Mermaid Properties.
-
PropertyEU Archive
CdC, Icade file binding offer for French REIT Silic
Caisse des Dépôts (CDC)'s real estate arm Icade has made a binding offer to insurer Groupama, the majority owner of Silic, vith a view to combining its business with the Paris-listed real estate investment trust.
-
PropertyEU Archive
Deka buys office scheme in Warsaw
German property fund manager Deka Immobilien has announced the acquisition of the Mokotowska Square office property in Warsaw from developer Yareal International. The companies agreed not to disclose the financial details.
-
PropertyEU Archive
Beni Stabili sells 48% of IREF fund's assets
Beni Stabili's asset management company signed EUR 200 mln worth of disposals for the BS IREF fund in 2011.
-
PropertyEU Archive
Prelios completes EUR 540m refinancing
Prelios – formerly the real estate arm of the Pirelli Group - has refinanced credit lines totalling EUR 539 mln. The largest element involved extending a EUR 359 mln club facility with banks to December 2014 with amortization.
-
PropertyEU Archive
Ahlström acquires industrial facility in Finland
Finnish manufacturing group Ahlström has purchased an industrial facility development for EUR 20 mln. The asset in Hämeenlinna, Finland is being built for Finnish-based international packaging group Paccor.
-
PropertyEU Archive
Union Investment buys mall for new retail fund
German investor Union Investment has acquired Förde Park shopping centre in the German town of Flensburg. The investment volume was not disclosed.
-
PropertyEU Archive
Tishman Speyer buys office developments in Paris
US-based investor Tishman Speyer acquired two speculative office developments in Paris before the Christmas break. The investment volumes for 'Strato' (12,200 m2) and 'Rezo' (15,800 m2) were not disclosed.
-
PropertyEU Archive
Heitman completes four European deals in December
International real estate company Heitman completed four investments in Europe during December. The firm made two acquisitions in Hungary and one in Slovakia during the last two weeks of 2011 on behalf of its EUR 505 mln value-add fund, Heitman European Property Partners IV (HEPP IV).
-
PropertyEU Archive
MAGAZINE: New refinancing culture emerges
The European real estate landscape has experienced a number of major tremors this past year as a growing number of US heavyweights set foot on this side of the Atlantic.
-
PropertyEU Archive
C&W to manage 12 assets for iii-investments
Cushman & Wakefield (C&W) is to manage twelve properties on behalf of German fund manager iii-investments from the beginning of 2012.
-
PropertyEU Archive
Deka acquires office complex in Bremen
German fund manager Deka Immobilien has acquired a 26,600 m[sup]2[/sup] office complex in Bremen. The scheme consists of the 'KaffeeQuartier' and 'Rösterei' buildings and was sold by the company H. Siedentopf.
-
PropertyEU Archive
Blackstone adds to Polish retail portfolio
Blackstone has added another shopping centre to its Polish retail real estate fund, King's Street Retail. The US private equity firm announced the acquisition in late December of Wzorcownia, the W³oc³awek shopping mall opened in 2009.
-
PropertyEU Archive
Last-minute deal flurry needed to lift December volumes
PropertyEU Research recorded a series of large real estate transactions in Europe with a total volume of EUR 1.1 bn on 22 December. This brings the total of reported EUR 20 mln-plus deals for the first three weeks of December to EUR 5.9 bn. The figure, though sizable, is well ...
-
PropertyEU Archive
Land Secs signs EUR 1.3b facility
UK REIT Land Securities has signed a new £1 bn (EUR 1.3 bn) five-year bank facility at a headline margin of 120 basis points over Libor.
-
PropertyEU Archive
Lone Star scoops up EUR 1b Lloyds loan package
US private equity group Lone Star has completed the purchase of the £900 mln (EUR 1.08 bn) Project Royal UK secondary commercial property loan portfolio from Lloyds Banking Group. Financial details were not disclosed but the portfolio is believed to have been sold at a 40% discount to face value.
-
PropertyEU Archive
Hansteen acquires UK industrial portfolio for EUR 177m
UK REIT Hansteen has announced the completion of the acquisition of an industrial portfolio for £147 mln net (EUR 177 mln).
-
PropertyEU Archive
AMF pulls off largest Swedish retail deal of 2011
Pension provider AMF has acquired three prime shopping centres in Stockholm in the largest Swedish retail property deal of 2011. The investment volume was not disclosed but it is believed to be just over SEK 4 bn (EUR 450 mln). There was stiff domestic and international competition for the assets.
-
PropertyEU Archive
Klépierre buys Toulouse mall for EUR 97m, sells 3 assets
French retail specialist Klépierre has acquired the shopping mall adjoining the E. Leclerc hypermarket in Roques-sur-Garonne, southwest of the Greater Toulouse Area. The transaction price of EUR 97 mln reflects a yield of 10.4%.
-
PropertyEU Archive
German fund acquires Finnish business park
An unnamed German fund is buying Business Park Safiiri in Finland for EUR 50 mln. The vendor is Finnish construction group YIT.


