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pbb provides €112 mln (£81 mln) financing to Harbert European Real Estate Fund IV (UK)
pbb logo

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 ...

Valad Europe acquires office portfolio from Netherlands Chamber of Commerce for €56.1 mln (NL)
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Valad Europe has acquired a portfolio of offices for €56.1 mln from Kamer van Koophandel, the Netherlands’ Chamber of Commerce organisation, for the Valad Netherlands Diversified ...

Bouwinvest invests over €305 mln in Dutch residential assets, receives €120 mln in pension commitments to fund (NL)
bouwinvest

Institutional real estate investment manager Bouwinvest’s Dutch Residential Fund has acquired over 1,300 residential units for a total investment of around €305 mln. Some 90% of the assets ...

Schage Eiendom acquires Salto Eiendom in Norway in a multi million euro deal (NO)
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Schage Eiendom acquires the Norwegian shopping centre company Salto Eiendom, effective as of November 2015. A possible sale of Salto was announced in January this year. Several attractive offers were ...

E J Harris reports summer boom in the prime central London lettings market (UK)
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Leading central London lettings agency E J Harris has reported a significant summer upturn in Mayfair rental values with the number of viewings rising 20% and new prospective tenants rising 25% over ...

Sonae Sierra records net profit of €79.3 mln in the first half of 2015 (EU)
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· Direct result reaches €26.8 mln · EBIT at €50.1 mln · NAV grew 4.2% to €1.2 bln · Growth in the provision of third party service · Tenant sales and ...

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