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Cornerstone concludes the refinancing of its €1 billion Nordic Retail Fund (SE)

Cornerstone Europe, announced that, having closed a new €240 million term loan with pbb Deutsche Pfandbriefbank AG and Skandinaviska Enskilda Banken AB (SEB), it has successfully closed €560 milli ...

pbb provides €130 million financing for Baumkirchen-Mitte project in Munich (DE)

pbb Deutsche Pfandbriefbank finances the Baumkirchen-Mitte urban development – currently one of the largest commercial real estate developments in Munich – with a €130 million loan facility prov ...

Hansteen proposes to acquire a 26.3% stake in £460 million Ashtenne Industrial Fund

Hansteen proposes to acquire a 26.3% stake in £460 million (approx. €532.77 million) Ashtenne Industrial Fund, and to become the new Asset Manager to the Fund. Hansteen confirmed that it intends ...

Warimpex sets up successful refinancing for AIRPORTCITY St. Petersburg (RU)

Initiated and led by Warimpex, ZAO AVIELEN A.G. – a joint venture of the Austrian real estate companies Warimpex, CA Immo Group and UBM – has successfully reached an agreement with a local bank on ...

K2 Business Park receives financing from Sberbank (RU)

Srednerussky Bank of Sberbank of Russia and K2 Business Park Team agreed to provide the first international class-A business park, located on Kaluzhsky Highway, 2 km from Moscow’s ring road, with pr ...

McCarthy & Stone successfully completes full refinancing of outstanding liabilities (UK)

McCarthy & Stone the UK’s leading retirement homes developer, announced that it has successfully completed the refinancing of its existing liabilities, totaling £518.9 million (approx. €605.6 ...

IPD German real estate Spezialfonds: increased transparency highlights marked performance differences

Second quarter returns for German institutional property funds from the IPD/BVI German Quarterly Spezialfonds Index SFIX; and German retail property funds from the IPD German Monthly Open Ended Funds ...

Eurozone exits recession with unexpected 0.3% growth (EU)

 GDP rose by 0.3% in both the euro area (EA17) and the EU27 during the second quarter of 2013, compared with the previous quarter, according to flash estimates published by Eurostat, the statistical ...

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