Cornerstone secures €240 mln refinancing and Major new letting for kamppi shopping center (FI) Nykredit, which previously financed the Fund’s acquisition of Kamppi in 2008 with a €240 million loan maturing in December 2014, has now agreed terms for a new loan of the same amount that will mature in September 2017. More »

Cornerstone Real Estate Advisers acquires three UK light industrial estates for £35 mln (UK) These acquisitions bring Cornerstone’s UK light industrial portfolio to a total of around 2.5 million ft² (approx. 232,257 m²) and represent part of its on-going investment program into this sector. More »

Cornerstone provides £83 million loan to Derwent London, secured on £172 million of assets (UK) The deal represents Cornerstone’s first real estate lending transaction in the UK and is in line with the company’s strategy of extending into Europe its US commercial real estate debt platform, which completed US $5. More »

Cornerstone chooses Laxfield Capital for launch of European commercial real estate lending business The appointment is in line with Cornerstone’s strategy of extending into Europe its U.S. commercial real estate debt platform, which originated more than US $4 billion (approx. More »

Cornerstone Real Estate Advisers names new European CEO (UK/EUR) Weeks and Reid have worked together since 1995 when Reid was the CEO of BZW Property Investment Management. They then worked together in... More »

Cornerstone makes first purchase in Germany (DE) The property is an 8,500-m² supermarket in Wuppertal let to Real, a subsidiary of the Metro Group, until 2026. Cornerstone acquired the... More »

Protego Real Estate Investors changes name to Cornerstone Real Estate Advisers (UK/EU) Following the completion of the acquisition of Protego Real Estate Investors (Protego) by Cornerstone in January 2010, the senior management... More »

Protego acquired by Cornerstone Real Estate Advisers (UK/US) Protego was established in April 2004 by Iain Reid (CEO), Charles Weeks (Head of Business Development) and Hugo Llewelyn (Head of Investment), since when it has expanded rapidly with 30 staff in the UK and Continental Europe. More »

Protego secures debt for next five years for Nordic Retail Fund (SE/UK) In addition, Protego has successfully secured €60m of senior debt against the Nordic Retail Fund’s two Finnish regional shopping centers in Rovaniemi and Lappeenranta. More »

SEGRO sells two industrial portfolios totaling £110m (UK) The Crown Estate transaction reflects an initial yield of 7.2% and comprises a total of 63,247 m² of space located within estates in Basildon, Croydon, Isleworth, Oxford, Swindon and Wimbledon. More »

Protego announces launch of Protego Qudos Vietnam Property Fund (UK) In total, Qudos and HBP have circa 80 staff located in Vietnam, with all the requisite development skill sets in-house and, importantly, particularly in Vietnam, project delivery capability, through HBP. More »

Protego makes five promotions (UK) This is a reflection in the growth of Protego’s business internationally and its numbers and range of clients, investors, products and services. More »

Protego acquires £33m Clifton Moor Industrial Estate, York (UK) The 47-acre site, acquired from British Land, is the premier industrial location in York and comprises 84 buildings, providing approximately... More »

Protego appoints former Achmea real estate investment manager to expand international team (NL) Frederike will be based in Protego’s Rotterdam office and will be responsible for the development of real estate investment funds, reporting to Peter de Haas. More »

Protego announces launch of the Protego WIRE Indian Office Development Fund (IN) Protego’s partner for the Fund is WIRE Commercial Partners ('WIRE') which is a part of the WIRE Group, a Singapore based property group which provides investment and real estate development services. More »

Protego opens office in Stockholm (SE/UK) The opening of the office follows Protego’s successful launch of its €1.65 billion Nordic Retail Fund in June. More »

Protego appoints Alexandra McGhee as Associate Business Development (UK) Alexandra McGhee will be working in the new business development team at Protego. Her responsibilities will include the identification of... More »

Protego strengthens European team (UK) Since joining Protego, Ion has been responsible for project managing the launch of the Nordic Retail Fund and executing transactions in excess of €600 million in the Nordic region. More »

Protego makes two appointments to European investment team (UK) The appointments form part of Protego’s continued focus on the growth of its European operations and follow the recent announcement of its... More »

Protego and EFM plan €1.65-billion Nordic Retail Fund (UK/NL/SE) This core plus Euro-denominated fund will invest in a diversified portfolio of retail assets, primarily shopping centers, but also including... More »