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AXA Real Estate raises €588.5 million for European Development fund

AXA Real Estate Investment Managers announces the final close of its pan-European development fund, Development Venture III, having raised €588.5 million of total equity. The Fund has so far invested ...

River Garden Office in Prague to be financed by Česká spořitelna (CZ/SK)

The HB Reavis Group, a developer of sustainable projects, has announced that it has secured a bank loan financing in a total amount of €32.9 million for its office project River Garden Office in Prag ...

Deutsche Pfandbriefbank provides a £27.4-mln. facility for acquisition of Treaty Shopping Centre (DE/UK)

pbb Deutsche Pfandbriefbank announces the completion of the £27.4 million (approx. €32.8 million) financing to support the acquisition of the Treaty Shopping Centre in Hounslow, London for affiliate ...

Kardan Land China signs term sheet to raise €40 million (NL/CN)

Kardan N.V. announces that its holding for the Chinese real estate operations, Kardan Land China Ltd. has signed a term sheet with an investor, to increase its capital by RMB 333.3 million (approximat ...

Canary Wharf Group plc secures £190-mln. loan facility for new commercial development (UK)

Canary Wharf Group plc has secured a £190-million (approx. €228-million) development and investment loan facility for the development of a major office scheme at 25 Churchill Place, Canary Wharf. ...

Legendary entrepreneur Werner 12123324 dies at the age of 102 (DE)

The businessman and entrepreneur from Hamburg Prof. Dr. h.c. Werner Otto, founder of the mail-order company OTTO and the shopping center development company ECE, died on Wednesday, December 21, 2011, ...

pbb Deutsche Pfandbriefbank announces financing for Metro Shopping Fund LP (DE/UK)

BayernLB (Bayerische Landesbank) and pbb Deutsche Pfandbriefbank announce the completion of the £140-million (approx. €166-million) financing of the Southside Shopping Centre for the Metro Shopping ...

Development Securities PLC refinances £37.9-mln. loan with Lloyds Bank Corporate Markets (UK)

Development Securities PLC announces that it has completed a new five-year £37.9-million (approx. €45.5-million) loan with Lloyds Bank Corporate Markets, secured on three shopping centers at Ringwoo ...

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