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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 ...

AXA Real Estate raises €1.26 billion in Q1 2011

AXA Real Estate Investment Managers announces that it has raised on behalf of its clients a total of €1.26 billion in the first quarter of 2011. Reflecting a growing trend from investors seeking sepa ...

CBRE: European governments face challenges in disposing of property assets (EU)

While many governments around Europe have actively considered disposal of public-owned real estate assets to assist their deficit-reduction plans, the latest evidence indicates that significant challe ...

AXA Real Estates debt program reaches €2.7 billion (EU)

AXA Real Estate Investment Managers announces that it has raised on behalf of its pan-European debt fund, Commercial Real Estate Senior 1 ('CRE1' or the 'Fund') an additional €180 million from a numb ...

Tamar European Industrial Fund announces second pan-European refinancing (EU)

Tamar European Industrial Fund has announced that it has received confirmation of credit committee approval from pbb Deutsche Pfandbriefbank for an extension of its existing €88 million debt faciliti ...

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