Property Finance News

Dienstag 15. Dezember 2009
Last issue for 2009: Happy, Healthy and Prosperous New Year 2010 from PIE/PFE!

In this last issue of PIE/PFE for 2009, we wish a very happy, healthy and prosperous 2010 to you, our Reader, and your...

Dienstag 15. Dezember 2009
Last issue for 2009: Happy, Healthy and Properous New Year 2010 from PIE/PFE!

In this last issue of PIE/PFE for 2009, we wish a very happy, healthy and prosperous 2010 to you, our Reader, and your...

Dienstag 15. Dezember 2009
European property at turning point, returns rising - Aberdeen

Property markets in Europe have reached a turning point and the performance outlook

continues to recover, largely...

Dienstag 15. Dezember 2009
French REIT Icade said to acquire Cie Lucette

The French REIT/SIIC Icade is about to acquire Compagnie La Lucette, a listed counterpart group controlled by Morgan...

Dienstag 15. Dezember 2009
Unibail eyes Simon's European portfolio, to exit FBI status

French-Dutch retail mall giant Unibail-Rodamco is in negotiation with US REIT Simon Property to purchase over e1bn in...

Dienstag 15. Dezember 2009
German housing firm GSW starts IPO preparations

Berlin-based housing company GSW, controlled by Goldman Sachs' Whitehall Funds and private equity group Cerberus, is...

Dienstag 15. Dezember 2009
Internos acquires remains of GPT Halverton for nominal e2

The London-based Internos Real Investors, launched in 2008 by Jos Short and Andrew Thornton, has acquired GPT...

Dienstag 15. Dezember 2009
Germany's Hochtief cancels IPO of Concessions unit

The Essen-based construction group Hochtief in early December hastily called off its planned IPO of its industrial...

Dienstag 15. Dezember 2009
Property FoF activity slides but sector to pick up-INREV

Real estate funds of funds have recorded very low activity in 2009, with just five equity investments of e75m made to...

Dienstag 15. Dezember 2009
Cordea Savills fund equity collect surges in 4Q09

International property fund manager Cordea Savills has boosted acquisitions and fundraising in recent weeks, acquiring...

Montag 14. Dezember 2009
Internos acquires remains of GPT Halverton for nominal e2

The London-based Internos Real Investors, launched in 2008 by Jos Short and Andrew Thornton, has acquired GPT...

Montag 14. Dezember 2009
European property at turning point, returns rising - Aberdeen

Property markets in Europe have reached a turning point and the performance outlook continues to recover, largely...

Montag 14. Dezember 2009
Unibail-Rodamco to leave the Dutch FBI/REIT regime

In a move that is a wake-up call to the Dutch government to clarify real estate legislation, the giant shopping centre...

Montag 14. Dezember 2009
Austria's conwert starts 3rd share buyback program

Vienna-based listed apartment housing developer and investor conwert Immobilien is to commence a third share buyback...

Donnerstag 10. Dezember 2009
Colony, Orion buy Goldman Sachs part of Colonial e4.2bn loan

Two private equity and opportunity funds, Colony Capital and Orion Capital Managers, have acquired from Goldman Sachs...

Dienstag 08. Dezember 2009
Pramerica reopens German RE fund, imposes institutional deadlines

In a move likely to bring some relief to the beleaguered German open-end property fund industry, Pramerica Real Estate...

Montag 07. Dezember 2009
Subscriber free entry to Green Property Breakfast in London on Friday; Location change to DLA Piper offices

PIE subscribers gain free entry to the Green Property Breakfast this Friday. Register now to secure your place when op...

Montag 07. Dezember 2009
PIE CEO Insights 2010: Recovery not yet through by end-2010

In exclusive forecasts for PIE, 10 CEOs and senior decisionmakers predict the state of European real estate in December...

Montag 07. Dezember 2009
Baum sees office underperforming, publishes new book

Office real estate underperforms inflation and should be avoided as an investment asset, says Andrew Baum, RE professor...

Montag 07. Dezember 2009
Swiss Prime has no plans for layoffs after Jelmoli buy

The listed Zurich-based property group Swiss Prime Site has no plans to exit from the House of Brands retail chain...

Montag 07. Dezember 2009
Deutsche Euroshop posts 12% 9mth revenue rise

German mall investor Deutsche EuroShop, which has stakes in 16 European malls in Germany, Austria, Hungary and Poland,...

Montag 07. Dezember 2009
Former Carrefour directors launch E1bn retail SICAV

Two former property directors of the French supermarket group Carrefour have launched a Luxembourg SICAV, New Europe...

Donnerstag 03. Dezember 2009
Former Halverton CEO starts Palmira manager in Germany

A new investment management company, Palmira Capital Partners focusing mainly on light industrial real estate assets in...

Donnerstag 03. Dezember 2009
Paris office rents seen falling 7.5% in 2010

Prime office rents in central Paris are expected to decline around 7.5% next year against a background of growing...

Donnerstag 03. Dezember 2009
Orion Capital closes new fund above target at e1.28bn

Private, opportunity fund manager Orion Capital Managers has completed the final closing of capital raising for its...