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WestImmo closes 2010 financial year with sharp rise in earnings (DE)

In the 2010 financial year, which was dominated by the European Commission's order to sell the bank, Westdeutsche ImmobilienBank AG (WestImmo) increased its pre-tax earnings to €99.2 million, a rise ...

Club of banks arranged by pbb Deutsche Pfandbriefbank provides €308-mln. facility to GLL's Accession Fund (DE/AT/UK)

pbb Deutsche Pfandbriefbank (pbb), UniCredit Bank Austria AG and BAWAG P.S.K (Bank f

Club of banks arranged by pbb Deutsche Pfandbriefbank provides €308-mln. facility to GLL's Accession Fund (DE/AT/UK)

pbb Deutsche Pfandbriefbank (pbb), UniCredit Bank Austria AG and BAWAG P.S.K (Bank für Arbeit und Wirtschaft und Österreichische Postsparkasse AG) have jointly underwritten a €308-million facility ...

Benson Elliot and GCI arrange first refinancing of a French securitization (FR)

Benson Elliot Capital Management, the leading private equity real estate firm, and Générale Continentale Investissements ('GCI'), have successfully completed the refinancing of the four-building, 36 ...

CBRE: Cross-regional capital flowing into European property market doubles (EU)

A significant shift in the geographical composition of international capital being invested in European real estate started to emerge in the second half of 2010, according to the latest research by CB ...

W. P. Carey and ING Real Estate Finance close €70.5 mln. syndicated financing (NL)

W. P. Carey and ING Real Estate Finance ('ING REF') have secured €70.5 million in funding on behalf of W. P. Carey's publicly held, non-traded REIT affiliates CPA®:15 and CPA®:17 - Global.This fund ...

LGP's leisure fund acquires Aldershot development scheme and completes £42-mln. equity raise (UK)

Legal & General Property (LGP) announces that it has agreed to forward fund The Westgate leisure development in Aldershot with Citygrove Securities Plc and Rushmoor Borough Council for £51 millio ...

Pinsent Masons pioneers property-backed funding method for NHS (UK)

International law firm Pinsent Masons has advised on the UK's first Local Asset Backed Vehicle (LABV) public private partnership for the healthcare sector.Pinsent Masons acted for Calderdale and Hudde ...

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