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IVG systematically implements debt reduction strategy (DE)

With a repayment of around €180 million, IVG Immobilien AG has taken a further step towards reducing the Group's liabilities and systematically implemented its debt reduction program in April 2011. I ...

APG agrees to sell holding in PEPR to ProLogis at €6.20 per Unit (NL)

APG Algemene Pensioen Groep N.V. ('APG') advises that it has agreed to sell 100% of its holding of ProLogis European Properties ('PEPR') Ordinary and Convertible Preferred Units for a consideration of ...

Paris Towers deal for First Growth Real Estate Capital (FR)

First Growth Real Estate Capital (FGREC) structured and arranged the buy-out of GE Capital's 50% stake in the Mercuriales Towers, Paris by the other 50% stake-owner Groupe Colbert with a senior/mezzan ...

Benson Elliot joins forces with Banco Sabadell to unlock flagship Barcelona office investment (ES)

Benson Elliot, the leading European private equity real estate firm, has completed a milestone debt transaction in the Spanish market, securing a prime office investment in Barcelona for Benson Elliot ...

IMMOFINANZ AG takes over 100% of Zagreb's Grand Centar (AT/HR)

As of April 6, 2011 IMMOFINANZ AG acquired the remaining 20% stake in the Grand Centar in Zagreb through its subsidiary IMMOEAST Allegro Beteiligungs GesmbH. This stake was previously held by Generali ...

DTZ Research: Global debt funding gap in commercial property declines 17%

The global debt funding gap* is estimated to total US $202 bln. (approx. €136 billion) over the next three years (2011-2013) according to new research from DTZ. This represents a 17% reduction on the ...

Deutsche EuroShop: Investments pay off (DE)

At its annual earnings press conference in Hamburg on Friday April 29, 2011, the shopping center investor Deutsche EuroShop AG announced the final figures from the past financial year. Once again, it ...

Eurohypo supports Almacantar in acquisition of Centre Point (UK)

Eurohypo AG, Europe's leading commercial real estate lender, has provided a £50-million (approx. €56-million) financing to Almacantar to assist in the acquisition of Centre Point, WC1. The five-year ...

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