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23 August 2010
Mittwoch 24. Februar 2010
WestImmo arranges E120m financing for Polish shopping centres
The Mainz-based Westdeutsche ImmobilienBank, acting as agent and arranger, has provided MGPA Europe Fund III with a...
Mittwoch 24. Februar 2010
Norwegian Property to split into two; 4Q09 profits rise
Oslo-based Norwegian Property, the four-year-old listed hotels and offices company struggling against high debt since...
Mittwoch 24. Februar 2010
MGPA winds up $480m Global 1 with strong returns
Private equity real estate advisor MGPA, an associate of the Macquarie group, is winding up its Global Fund I, an...
Mittwoch 24. Februar 2010
Hamburg's TAG makes 2nd strategic investment in 2010
Hamburg-based listed TAG Immobilien has taken a stake of around 15% in the smaller listed German firm Estavis at E2.35...
Dienstag 23. Februar 2010
Hamborner becomes 3rd German REIT; aims for growth
The Duisburg-based listed office and retail property group Hamborner yesterday became Germany's third Real Esate...
Dienstag 23. Februar 2010
Germany's Fair Value narrows loss, sees value trend upturn
The Munich-based Fair Value REIT recorded a consolidated 2009 loss of E4.2m, narrowing the shortfall of E13.2m in 2008...
Dienstag 23. Februar 2010
German housing firm Speymill risks breaching covenant
AIM-listed German residential property firm Speymill Deutsche Immobilien said it risks breaching a bank lending...
Dienstag 23. Februar 2010
CA Immo targets up to E500m for German expansion
Vienna-based listed property group CA Immo has up to E500m available for investment this year and is focusing on...
Montag 22. Februar 2010
Asian investors, including Chinese, looking at German real estate - King Sturge
Asia-based investors are becoming increasingly interested in German commercial property, says Sascha Hettrich, head of...
Montag 22. Februar 2010
French FdR narrows net loss, net recurring income up 7%
One of the largest French REIT/SIICs Foncière des Régions more than halved its net loss in 2009 to E262m, with the...
Montag 22. Februar 2010
Deutsche EuroShop sees halved '09 profit but FFO higher
Listed German shopping centre investor Deutsche EuroShop is expecting a 2009 consolidated profit more than halved to...
Montag 22. Februar 2010
Last week to reach MIPIM with Property Investor Europe
The European real estate sector is reviving after the crisis and restructuring fast to meet new challenges. At this...
Montag 22. Februar 2010
Germany's Deka pays Skanska E59m for Stockholm office
Germany's DekaBank has made an acquisition in Sweden for its property fund WestInvest ImmoValue, paying the developer...
Montag 22. Februar 2010
Belgian Befimmo quarterly profit signals turnround
Belgian listed property group Befimmo saw earnings per share improve to E0.69 in the first quarter of its financial...
Montag 22. Februar 2010
Unibail-Rodamco sells five Dutch malls for E235m
French-Dutch shopping centre REIT Unibail-Rodamco has reached agreement on the sale of five Netherlands retail malls to...
Montag 22. Februar 2010
King Sturge German index falls for first time in year
The German Real Estate Climate indicator of international property consultant King Sturge declined for the first time...
Montag 22. Februar 2010
Belgian prime retail vacancy rates near zero - Cushman
Vacancy rates in prime Belgian retail locations are near to zero, according to realtor Cushman & Wakefield. Only nine...
Montag 22. Februar 2010
European banks' sentiment on RE lending improving
European banks' sentiment towards real estate lending has improved for the first time since early 2008, with loan size...
Montag 22. Februar 2010
French SCPI fund see E869m inflows in 2009
French SCPI real estate funds saw net capital inflows of E869m in 2009, boosting total capitalisation 10% to just under...
Montag 22. Februar 2010
French Lucette divests Colisée; price said at E160m
French office REIT/SIIC Compagnie La Lucette, recently acquired by larger peer Icade, has signed a provisional...
Freitag 19. Februar 2010
Global CRE volumes slide 30% to $381bn in 2009
The global volume of commercial property sold in 2009 fell 30% to $381bn, with nearly 11,000 properties selling in...
Freitag 19. Februar 2010
German house price index rises in January
German house prices are showing signs of recovery following the steep falls last year, and in January were in aggregate...
Freitag 19. Februar 2010
NL shopping mall REIT Corio narrows loss; direct result rises 7%
Dutch shopping centre REIT/FBI Corio reported a 2009 net loss of E132m, narrowing the E240m loss from 2008, but saw its...
Donnerstag 18. Februar 2010
French mall REIT Altarea 2009 revenues stable
French shopping centre REIT/SIIC Altarea Cogedim recorded stable 2009 revenues but said it expects strong growth in...
Donnerstag 18. Februar 2010
Disposals boost Icade's 2009 profit 69%
French SIIC/REIT Icade posted a 69% rise in 2009 net profit to E527m but the increase was almost entirely due to...
Donnerstag 18. Februar 2010
AEW Europe eyes 2010 doubling in property deal volume to over E3.5bn
The real estate investment manager AEW Europe is targeting 2010 transaction volume around the continent, combining...
Donnerstag 18. Februar 2010
Sweden's Fabege launches share buy-back; no price range given
Swedish listed property group Fabege has started the share buy-back program approved by its shareholder meeting last...
Mittwoch 17. Februar 2010
Hamburg's Union pays Sonae, Euris E316m for 91% of Berlin's Alexa
Hamburg-based Union Investment, the fund manager of the German cooperative banking network, is paying Lisbon-based...
Mittwoch 17. Februar 2010
Hamburg's Union pays Sonae, Euris E316m for majority of Berlin's Alexa
Hamburg-based Union Investment, the fund manager of the German cooperative banking network, is paying Lisbon-based...
Mittwoch 17. Februar 2010
Rivero resigns as chairman of French REIT Gecina
Joaquin Rivero has resigned as chairman of Gecina, one of France's largest REITs, but will remain as a company...
Mittwoch 17. Februar 2010
French REIT Tour Eiffel reports 2009 rental climb of 5.7%
French REIT/SIIC Société de la Tour Eiffel increased directly comparable rents in its portfolio last year by 5.7%....
Mittwoch 17. Februar 2010
Unibail-Rodamco sells five Dutch malls to Wereldhave for E235m
French-Dutch shopping and conference centre REIT Unibail-Rodamco has sold five Netherlands retail malls to Dutch listed...
Mittwoch 17. Februar 2010
Sponsorship deadline nears for PIE MIPIM Edition
Property Investor Europe closes its MIPIM Special Edition for sponsorship and advertising on Wednesday 24 February....
Mittwoch 17. Februar 2010
Orco wins bank loan extension, nears court bond ruling
Troubled Czech developer Orco Property Group has renegotiated and extended all loans from 33 banks, totalling over...
Mittwoch 17. Februar 2010
German office values resume rise in 4Q - JLL's VICTOR
Jones Lang LaSalle's VICTOR valuation index of prime office property in the Big Five German cities rose by 1.8% in the...
Mittwoch 17. Februar 2010
Berlin GSW housing IPO held up by Berlin Senate talks
What could potentially be the largest real estate stock market flotation in Germany for several years, the 52,000-unit...
Montag 15. Februar 2010
Foncière Paris France loss on debt charges, write-offs; operating improves
Paris commercial property REIT/SIIC Foncière Paris France reported a wider 2009 net loss of E11.3m from E6.6m in 2008...
Montag 15. Februar 2010
French Klepierre '09 profit hit by debt costs, 7% writedown
French shopping centre REIT/SIIC Klépierre reported a decline in net profit to E162m in 2009 from E200m in 2008, as...
Montag 15. Februar 2010
Hatfield Philips is largest property loan servicer outside US
Hatfield Philips, the London-based real estate loan servicing company owned by Florida-based private equity group LNR...
Montag 15. Februar 2010
Sweden's Hufvudstaden posts loss from writedowns, sees better 2010
A 6% markdown in the property portfolio of Swedish listed firm Hufvudstaden, controlled by the Lundberg group, brought...
Freitag 12. Februar 2010
European prime supply, demand to move toward balance - C&W
The European economic recovery will be slow and uneven this year but it will be sustained, and many concerns such as...
Freitag 12. Februar 2010
Rental declines halt in London, Oslo, Warsaw - JLL
Europe's economies continue to show encouraging signs of economic recovery in fourth quarter, and though markets vary...
Freitag 12. Februar 2010
Rabobank's Bouwfonds suspends housing fund capital inflows
Bouwfonds, the real estate arm of the private Dutch Rabobank group, is seeing soaring
interest from institutional...
Freitag 12. Februar 2010
Finnish mall group Citycon narrows net loss, sees stable finances
Finland-based listed shopping centre group Citycon sharply narrowed its net loss for 2009 to E37m from a deficit of...
Freitag 12. Februar 2010
European RE investment boosted by deal size, volumes
Growth in European commercial real estate investment turnover is being driven both by an increase in deal size and a...
Freitag 12. Februar 2010
ProLogis European cuts 2009 loss, completes de-leveraging
ProLogis European Properties, a Luxembourg-based listed owner of distribution facilities, narrowed its net loss for...
Freitag 12. Februar 2010
German prime office values rise 1.8% in 4Q09 - Jones Lang LaSalle's VICTOR
Jones Lang LaSalle's VICTOR valuation index of prime office property in the Big Five German cities rose by 1.8% in the...
Freitag 12. Februar 2010
Aberdeen's German open property fund depreciation sparks Pramerica re-closure
The sudden 22% portfolio depreciation of German property fund DEGI Global by its manager Aberdeen has thrown shockwaves...
Freitag 12. Februar 2010
French REIT Silic boost 2009 net 15%, raises dividend
French industrial park REIT/SIIC Silic, 43% controlled by insurer and financial services group Groupama, reported a...
Dienstag 09. Februar 2010
Unibail-Rodamco posts wider E1.5bn net loss, sees better 2010
French-Dutch REIT Unibail-Rodamco, the largest listed property company in Europe, posted a 7% rise in recurring...
Montag 08. Februar 2010
German open property funds have E3.2bn inflows to E87bn total in 2009
German open-end property funds ended 2009 with total capital under management of E86.8bn, having taking in a net E3.2bn...
Montag 08. Februar 2010
Unibail-Rodamco to pay E715m for Simon Ivanhoe's European portfolio
French-Dutch shopping centre REIT Unibail-Rodamco, the largest listed company in Europe, has confirmed speculation that...
Samstag 06. Februar 2010
MIPIM 2010 investor registrations up 12%
The first major European real estate trade fair of the year, MIPIM taking place in Cannes in March, has received 12%...
Samstag 06. Februar 2010
Paris-La Défense eases permit terms for five towers
The management of the Paris office complex La Défense has eased permit conditions for five new towers to encourage...
Samstag 06. Februar 2010
AIM's Speymill reviews debt to avert covenant breaches
The AIM-listed German residential property fund Speymill is to seek additional financing to avert potential debt...
Samstag 06. Februar 2010
European RE shares offer selective value - LIM
The outlook for real estate securities in Europe is relatively normal going forward, with equity and bond markets open...
Freitag 05. Februar 2010
US housing, money, bad loans mean crisis not yet over
The world economy is far from exiting the global financial crisis and three elements point to further weakness - the...
Freitag 05. Februar 2010
Germany's DekaBank to acquire up to E2bn real estate in 2010
Germany's largest open-end property fund manager DekaBank, the central investment bank of the savings bank network, is...
Freitag 05. Februar 2010
Former Kenmore officials launch Tamar; acquire £750m portfolio
Former top officials of the Scottish real estate management group Kenmore, now in insolvency, have launched Tamar...
Montag 01. Februar 2010
Register now for PIE's Central & Eastern Europe Property Breakfast, 26 February, London-West End
Register now for Property Investor Europe's Central & Eastern Europe Property Breakfast, which takes place on 26...
Montag 01. Februar 2010
The World's Biggest Real Estate Investors have a thing or two to say
"So there I was. Start of the year. Gradually easing into the work rhythm; thinking of nothing in particular at the...
Montag 01. Februar 2010
Foreign banks, US legislators looking at Pfandbrief issuance-VDP's Tolckmitt
Because of the comparative stability of the Pfandbrief German covered bond amid the global crisis, foreign banks are...
Montag 01. Februar 2010
Credit, tenant delays will tighten Paris office supply, says Continentale Générale
The absence of new office development in Paris caused by the lack of bank credit and tenant hesitatncy is likely to...
Montag 01. Februar 2010
German law changes needed on REITs, interest cap, green-Hannover Leasing's Volckens
German real estate urgently needs legislative change, including support for its fledgling REITs sector, adjustment of...
Montag 01. Februar 2010
CMBS refinancing present long-term restructuring challenges-NIBC's Roth
Refinancings in European real estate, peaking in 2013 and 2014, are producing a huge demand for creative solutions, and...
Montag 01. Februar 2010
Allianz targets E2.5bn at real estate this year, helped by yield pickup-Brendgen
German insurer Allianz is targeting E2.5bn at real estate this year to boost its property allocation and raise...
Montag 01. Februar 2010
Signs of Life Returning to European CMBS Market-Verhoosel
The European Commercial Mortgage Backed Securities will continue to face widespread rating downgrades which could...
Montag 01. Februar 2010
Invesco allocates E1bn in 2009, eyes Scandinavia, Germany
Invesco Real Estate allocated around E1bn to European property in 2009 after resuming investment after an 18-month...