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IVG Funds successfully closes €248 mln. distribution of Luxemburg fund (LU)

The IVG Funds division of IVG Immobilien AG has fully placed the closed-end real estate fund EuroSelect 16 The Square. Within six months, private investors subscribed to altogether €248 million inclu ...

Benson Elliot raises over €500m in accelerated fundraising (UK)

Benson Elliot Capital Management ("Benson Elliot") announces that it has closed its second pan-European fund, Benson Elliot Real Estate Partners III ("BEREP III" or the "Fund"), with subscribed capita ...

Market conditions underscore challenging year ahead for non-listed real estate funds (EUR)

Challenging market conditions are set to be a major obstacle for investors looking to allocate to non-listed real estate funds this year, according to INREV Investment Intentions Survey 2009. The resu ...

Lyon wharf-side atrium building wins Offices category in MIPIM Architectural Review Future Project Awards

The Pavilion 8 office building – a waterside commercial development with floating restaurant designed for the former wharf area of Lyon, France – has been selected by an expert jury as the winner of ...

City Living Developments expansion to create 200 jobs (UK)

City Living Developments the residential-led regeneration and healthcare property specialist has announced a major expansion which will create at least 200 jobs. The London-based company plans to open ...

DEGI sells property out of its DEGI EUROPA fund in difficult market environment (DE)

DEGI, part of Aberdeen Property Investors, has recently sold a retail property belonging to the portfolio of its DEGI EUROPA open-end property fund.The property is located at Am Brand in Mainz/Germany ...

Trust in market mechanisms remains intact in Germany according to Union Investment (DE)

and huge uncertainty surrounding credit terms are the main factors affecting sentiment in all the European markets covered by the survey. Almost 50% of the real estate investors involved expect willi ...

IPD beefs up global offices with two director appointments

IPD has announced the appointment of Jani Venter as Director in the US office and Goran Ujdur as a Director within the Australian and New Zealand business.Venter joins IPD from CB Richard Ellis Invest ...

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