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Norges Bank and AXA Real Estate sign an agreement to acquire prime Paris office portfolio for €290 mln. (FR)

Norges Bank Investment Management, which manages the Norwegian Government Pension Fund Global, and AXA Real Estate Investment Managers, acting on behalf of AXA France Insurance Companies, announce tha ...

IVG secures early extension of credit lines totaling ca. €2.0 billion (DE)

IVG Immobilien AG has made significant progress in optimizing its financial structure. Based on a binding agreement between IVG Immobilien AG and the syndicate banks, the Syndicated Loan 2009 (also kn ...

IVG Institutional Funds GmbH and ING Real Estate Finance close debt financing (DE/NL)

IVG Institutional Funds GmbH and ING Real Estate Finance ('ING REF') have secured in total over €20 million in funding on behalf of the special real estate fund EPFUND – OIK, managed by IVG Institut ...

INREV Guidelines on reporting widely adopted by non-listed real estate funds (NL)

A review by INREV confirms strong uptake of the INREV Guidelines on reporting in 2010. A commanding 97% of non-listed real estate funds use more than 50% of the Guidelines.The headline figures reflect ...

IMMOFINANZ Group completes Adama takeover (AT)

Following the approval of the competition authorities IMMOFINANZ Group completed the acquisition of the remaining 69.22% stake in Adama Holding Public Ltd. on November 9.IMMOFINANZ Group has held an i ...

pbb Deutsche Pfandbriefbank provides £33 mln. of acquisition finance to F&C REIT Asset Management and AREA Property Partners (DE/UK)

pbb Deutsche Pfandbriefbank has provided an approx. £33-million (approx. €38-million) facility to AREA Property Partners, F&C REIT Asset Management and ESAS Holding.The loan funds the acquisitio ...

Savills appoints Johan Bernström as Head of Investment in Sweden (SE)

International real estate advisor Savills has appointed Johan Bernström to head its Swedish investment team in Stockholm. Johan Bernström. ...

Pramerica secures £135-million investment mandate from major corporate pension fund (UK)

Pramerica Real Estate Investors has announced that it has won a new separate account mandate to invest £135 million (approx. €157 million) into UK Ground Lease properties on behalf of the trustees o ...

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