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Patrick Properties raises £26.7 million from new banking partner Barclays Real Estate (UK)

Patrick Properties Limited has secured a £26.7-million (approx. €30.6-million) three-year medium-term loan from Barclays Corporate, to assist with the refinance of a portfolio currently financed by ...

NSI-shareholders approve merger with VastNed O/I (NL)

The shareholders of Nieuwe Steen Investments (NSI) have (with a vast majority) approved the merger with VastNed Offices/Industrial N.V. (VastNed O/I) during its Extraordinary General Meeting of Shareh ...

The Arlington Business Parks Partnership sells HQ and announces amendments to CMBS facility (UK)

Arlington Business Parks Partnership Fund (ABPP) is pleased to announce two new strategic initiatives for the Fund. Verizon's HQ facility at Reading Intern ...

IVSC and IPEV to co-operate on valuation standard-setting

The International Valuation Standards Council (IVSC), the international standard-setter for valuations across a wide range of assets, has signed a memorandum of understanding (MoU) with the Internatio ...

Bridge Properties acquires NEPH, developer of Siódemka regional shopping center (PL)

Bridge Properties (CEE) Limited, part of Bridgehouse, has acquired New Europe Property Holdings Limited (NEPH), the developer of Siódemka regional shopping center project in the northern city of Elbl ...

AEW Europe: Real estate risk premiums should rise to reflect euro zone breakup threat (EU)

Real estate investors in the euro zone should be demanding higher risk premiums to reflect the probability that individual countries will exit the currency bloc due to the sovereign debt crisis, even ...

Montea agrees lease renewals and extensions, and debt refinancing (BE)

Montea has announced the renewal and extension of its lease agreements with Vincent Logistics at the site in Herstal-Milmort (Liège), with Movianto Belgium at the site in Erembodegem (Aalst) and the ...

NSI sells its 4.99% stake in VastNed Offices/Industrial (NL)

Nieuwe Steen Investments (NSI) has sold its 4.99% stake in VastNed Offices/Industrial NV (VastNed O/I).NSI acquired a 4.99% stake in VastNed O/I in the second half of 2010. The purpose of this stake w ...

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