All PropertyEU Archive articles 鈥� Page 1760
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PropertyEU Archive
IVG to launch EUR 500m core/value-add fund
IVG Immobilien, Germany's largest listed property company, aims to raise up to EUR 250 mln of equity from institutional investors in the second half of 2011 for its first core to value-add investment fund. The move, which reflects investors' growing appetite for risk, comes as attractive yields have become increasingly ...
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PropertyEU Archive
Almacantar seals EUR 92m Marble Arch Tower deal
Luxembourg-based property company Almacantar has exchanged contracts with Orchard Street Investment Management to purchase Marble Arch Tower for 拢80 mln (EUR 92 mln).
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PropertyEU Archive
French investors to increase fund allocations
Institutional investors in France look set to increase their allocations to non-listed real estate funds by 56% over the next three years, rising from EUR 34 bn to EUR 53 bn, according to INREV's Investor Universe France Survey 2011.
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PropertyEU Archive
Orion clinches Puerto Venecia deal
UK-based private equity firm Orion Capital Managers has finalised the acquisition of a 50% stake in the Puerto Venecia shopping centre project in Zaragoza, northern Spain, well-informed market sources have told PropertyEU. The price of the 50% stake, acquired from Spanish developer and investor Copcisa Corporaci贸nis, is believed to be ...
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PropertyEU Archive
Neinver opens Style Outlet in Spain
Neinver has opened its new centre Coru帽a The Style Outlets in Galicia, Spain - the European outlet centre specialist's first The Style Outlets in Spain. The company has five other outlet centres in the country.
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PropertyEU Archive
Bridgepoint links up with Eurazeo on EUR 1b Foncia deal
UK-based Bridgepoint has partnered with Paris-listed Eurazeo to acquire European real estate management company Foncia from France's banking giant BPCE in a deal valuing the business at EUR 1 bn.
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PropertyEU Archive
FdR buys 14.6% of FEL from Morgan Stanley
French group Fonciere des Regions (FdR) said that it has increased its stake in its logistics arm, Fonciere Europe Logistique (FEL), with the purchase of a 14.6% interest from Morgan Stanley for around EUR 47 mln.
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PropertyEU Archive
Pbb provides EUR 88m to Catalyst for Paris deal
German lender pbb Deutsche Pfandbriefbank has said it is providing just under EUR 88 mln in funding to Catalyst European Property Fund for its acquisition of the landmark Front de Parc office complex Clichy-la-Garenne, northwest of Paris.
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PropertyEU Archive
Transaction activity rises in CEE
Investor sentiment is improving in Central and Eastern Europe, according to transaction data published over Q1 in the May edition of PropertyEU Magazine.
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PropertyEU Archive
Newsec appoints MD for Estonia
Nordic and Baltic property adviser Newsec has appointed Roul Tutt as managing director of its operations in Estonia. Newsec said it is the only full-service real estate adviser in Northern Europe operating in the Baltics, and that the appointment of Tutt is part of its strategy to strengthen its position ...
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PropertyEU Archive
Batipart to take control of Eurosic
Batipart, the holding vehicle of Charles Ruggieri, has entered into 'exclusive discussions' with property company Nexity and BPCE's Banque Palatine to buy their stake in French real estate investment trust Eurosic.
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PropertyEU Archive
Brokers on brink of new M&A wave
Reports that BNP Paribas is in discussions to acquire DTZ may herald a new round of M&A activity among leading real estate brokers in Europe, according to Paul Wessels, founding editor of PropertyEU, in the May edition of PropertyEU Magazine. Following the last wave of consolidation a decade ago, the ...
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PropertyEU Archive
Pramerica buys office building in New York
Pramerica has acquired an office building at 28 West 44th Street in New York for $161 mln (EUR 113 mln). The purchase was made on behalf of a US real estate fund managed by the group's TMW Pramerica German property arm.
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PropertyEU Archive
Orion funds resi project in Central London
Orion Capital Managers has entered the Central London residential development market with one of the first residential schemes to be undertaken by a private equity fund.
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PropertyEU Archive
Topland joins resi mezzanine lending partnership
UK private investor Topland has joined Dragonfly Property Finance and residential developer Westcity in a new residential mezzanine lending partnership.
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PropertyEU Archive
Arminius funds take control of EUR 1b Eurocastle portfolio
German fund manager Arminius has announced that two of its vehicles have acquired a controlling majority stake in a portfolio of 28 German properties with a market value of about EUR 1 bn belonging to Amsterdam-listed Eurocastle Investment.
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PropertyEU Archive
DIC Asset raises EUR 70m through straight bond
Frankfurt-based property group DIC Asset AG has raised EUR70mln through a straight bond, beating its minimum target of EUR 60 mln but falling short of the upper target of EUR 100 mln.
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PropertyEU Archive
PEPR management accepts Prologis offer
The management company of Prologis European Properties (PEPR) has accepted Prologis' revised offer of EUR 6.20 per ordinary unit, despite maintaining it was 'inadequate from a financial point of view'.
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PropertyEU Archive
Corio appoints former Ahold exec to head Dutch operations
Listed retail specialist Corio has appointed Jan Willem Weissink as CEO of the company's Dutch operations, bringing the number of people in the management team to four. Besides Weissink, the board will now consist of Dick Bogaards (CFO), Caroline Kievit (COO) and Paul Tankink (CDO).
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PropertyEU Archive
SGP confirms DTZ bid talks
French family-run business SGP has confirmed that it is in talks about a potential bid to buy London-listed global real estate advisory firm DTZ. The French company already owns 55% of DTZ.
