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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 ...

Henderson: Paris' booming investment market defies economic gloom (FR)

France’s buoyant investment market contrasts with its struggling economy and the cool winds blowing through the office leasing markets. Growing apprehension regarding the economy has intensified inv ...

MirLand agrees new $95 million financing (RU)

MirLand, a Russian residential and commercial property developer, announced the successful conclusion of a new non-revolving $95 million (approx. €71.2 million) refinancing loan agreement with SberB ...

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