All PropertyEU Archive articles – Page 1668
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PropertyEU Archive
Lone Star poised to acquire Lloyds loan portfolio - report
Lloyds Banking Group has selected US private equity group Lone Star as preferred bidder for a £900 mln (EUR 1 bn) portfolio of distressed property loans, according to a news report in the Financial Times.
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PropertyEU Archive
SLI European fund attracts US, Oz pension money
Asset manager Standard Life Investments has raised 'tens of millions' from a number of institutional investors for its European core-plus real estate fund.
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PropertyEU Archive
Finland's Pontos buys Babilonas mall in Lithuania
Finnish family owned private equity investor Pontos Group has acquired the Babilonas shopping centre in Lithuania for just over EUR 24 mln, slighly below the latest valuation of EUR 25 mln at end-December.
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PropertyEU Archive
Sierra Fund takes full ownership of Malaga retail centre
International shopping centre specialist Sonae Sierra has acquired the remaining 25% it did not already own in Plaza Mayor Shopping in Malaga. Financial details were not disclosed.
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PropertyEU Archive
IPD: Returns turn negative for European pooled property
Crossborder European property funds saw returns fall to -0.2% in Q3 2011 after five consecutive quarters of growth, according to the IPD pan-European Property Funds Index.
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PropertyEU Archive
Pluto Finance lends EUR 106m for London projects
Pluto Finance said on Tuesday that it has signed six loans and is in the process of financing four other sites as the company marks six months in business.
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PropertyEU Archive
Palmer Capital builds EUR 170m investment war chest
Palmer Capital has amassed a war chest of over £150 mln (EUR 174 mln) for investment in 2012-13. The UK-based property company has disposed of assets to generate funds for future growth.
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PropertyEU Archive
Unibail-Rodamco issues EUR 500m bond
Unibail-Rodamco, Europe's largest listed real estate company, has issued a EUR 500 mln bond. The company said the six-year bond matures on 13 December 2017.
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PropertyEU Archive
Heitman in EUR 90m UK senior care property JV
Global real estate investment manager Heitman has announced the creation of a joint venture with Signature Senior Lifestyle to develop, own and operate senior care communities in London and the south east of the UK. The project marks Heitman's first property investment in the UK.
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PropertyEU Archive
UBS reappoints JLL as European adviser
Jones Lang LaSalle has announced its reappointment as UBS's real-estate adviser for 27 countries in EMEA.
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PropertyEU Archive
AffiParis puts Baker&McKenzie's Paris HQ on the market
AffiParis, the Paris-focused subsidiary of French REIT group Affine, is understood to have hired Jones Lang LaSalle and BNP Paribas Real Estate to sell Baker&McKenzie's Paris HQ with a guide price of over EUR 100 mln.
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PropertyEU Archive
IVG finalises sale of Brussels' Tervuren Plaza
IVG Real Estate Belgium has transferred the leasehold rights to Tervuren Plaza in Brussels to German property investment company AIK. The investment volume comes to EUR 21 mln.
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PropertyEU Archive
SPS completes Zurich's Prime Tower development
Listed real estate company Swiss Prime Site (SPS) and Zurich West have inaugurated the largest office tower in Switzerland.
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PropertyEU Archive
Kennedy Wilson completes largest European loan deal
Kennedy Wilson has completed the acquisition of a UK real estate loan portfolio from Bank of Ireland for $1.8 bn (EUR 1.3 bn). This is the largest European real estate loan portfolio acquisition completed in the current cycle, Kennedy Wilson said, citing research by Ernst & Young.
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PropertyEU Archive
Ireland ditches controversial rent review reform
The Irish government has dropped plans to ban upward-only rent reviews for existing leases. The u-turn on rent review reform was announced in an austerity budget introduced by the ruling government coalition this week.
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PropertyEU Archive
C&W in Moscow's largest office leasing deal of 2011
Russian construction firm Hals-Development has leased nearly 30,000 m[sup]2[/sup] of office space in its SkyLight business centre in Moscow to local internet company Mail.Ru Group.
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PropertyEU Archive
CDC in talks to buy Groupama's 44% stake in Silic
French financial group Caisse des Dépôts (CDC) has confirmed that it is in negotiations to acquire insurer Groupama's 44% stake in Paris-listed real estate investment trust Silic.
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PropertyEU Archive
Ancore buys Swedish retail asset for EUR 50m
Ancore Fastigheter, a joint venture between Swedish retailer ICA and pension fund Alecta, has acquired the Ljusta 7:5 commercial property in Sundsvall and Skårby 3:31 in Kungsbacka for SEK 450 mln (EUR 50 mln). The vendor was ICA's real estate unit.
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PropertyEU Archive
Eurosic seeks buyer for EUR 500m+ core office portfolio
French real estate investment trust Eurosic has put a EUR 500-600 mln core office portfolio in the Paris region on the market as part of its new value-add strategy, PropertyEU has learned.
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PropertyEU Archive
Australia's UGL completes DTZ takeover
Australian listed property services firm UGL has completed the acquisition of London-based broker DTZ for £77.5 mln (EUR 90 mln). The acquisition was fully funded with debt, plus an adjustment for cash.


