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SEB completes sale of German real estate investment management business (DE)
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SEB has completed the divestment of SEB Asset Management AG, including its main subsidiary SEB Investment GmbH, to Savills plc in accordance with the agreement announced on 19 March 2015. The ...

Deutsche Hypo report half year report of €31.3 mln (DE)
Christian A. Schröder thumb

Net interest income increases substantially Cost-income ratio improves to 30.9 % Additional loan loss provision absorbed for Heta Deutsche Hypothekenbank achieved a result from normal operations of ...

Axiare Patrimonio records earnings of €31.3 mln and a 11% appreciation of its asset portfolio (ES)
Axiare Patrimonio

Rental revenues totalled €18.7 mln in the first half of the year To date, Axiare Patrimonio signed long term financial agreements for a notional amount of €264 mln In June, the company ...

TLG IMMOBILIEN significantly increased its rental income and key earnings figures in the first half of 2015 (DE)
TLG logo thumb

 TLG IMMOBILIEN significantly increases revenue and earnings in H1 2015   Funds from operations up 19.2% against H1 2014 to €31 mln Rental income up 7.2% to €61.1 mln EPRA net ...

Citycon Group intends to issue NOK-denominated bonds (NO)
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Citycon Group intends to issue NOK-denominated guaranteed bonds in various tenors. The bonds would be offered mainly to Nordic institutional investors. The bonds would be issued by Citycon Treasury ...

pbb provides €112 mln (£81 mln) financing to Harbert European Real Estate Fund IV (UK)
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pbb Deutsche Pfandbriefbank has provided a €112 mln (£81 mln) facility to a subsidiary of Harbert European Real Estate Fund IV, LP which is advised by Harbert European Fund Advisors ...

Ares Management Real Estate Fund acquires pan-European office portfolio from IVG Institutional Funds (EU)
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Ares Management, L.P. (NYSE:ARES) announced today that a real estate fund it manages has signed a definitive agreement to acquire a 240,000 m² office portfolio consisting of 30 properties ...

WH Smith reveals strong performance in travel division due to growth in passenger numbers (UK)
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WH Smith PLC expects the outcome for the year to 31 August 2015 to be slightly ahead of the consensus of analysts’ expectations of full year sales of €1.63 bln (£1.16 bln) and ...

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