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pbb Deutsche Pfandbriefbank provides €200 million financing for GSW (DE)

pbb Deutsche Pfandbriefbank ('pbb') has provided GSW Immobilien AG ('GSW') with a long-term loan of €200 million. The transaction is part of a refinancing for a securitized credit which GSW has now r ...

WELPUT outshines peers in 2010 (UK)

The West End of London Property Unit Trust ('WELPUT'), managed by Schroders and advised by Grafton Advisors, has continued its strong performance record.WELPUT's total return for 2010 was 29.1% agains ...

Befimmo purchases shares of Ringcenter, owner of the Pavilion complex (BE/DE)

On January 27, 2011, Befimmo reached agreement with the German fund company SEB Investment GmbH for the purchase of the shares of the Ringcenter SA, owner of the 'Pavilion' complex, at €55.3 million. ...

GWB strengthens equity base via capital increase (DE)

GWB Immobilien AG has completed a planned capital increase successfully: 700,000 new shares have in total been placed with institutional investors at an issue price of €1.25 per share in the context ...

RICS receives EU grant to launch energy efficiency project (EU)

RICS has received a European Commission grant of €260,000 to launch Trainrebuild, a two-year project which will advise residential property owners across Europe on how to improve the energy efficienc ...

Development of the East Gate Business Park continues with a €1.8-million EU grant (HU)

The East Gate Business Park, situated at the intersection of the M3 motorway and the M0 orbital road, is the largest business park in the northern catchment area of Budapest, spread out over an area o ...

Benchmark mortgage Pfandbrief placed (DE)

HSH Nordbank yesterday (January 20, 2011) closed its first larger-sized capital market transaction of 2011. The Bank placed a mortgage Pfandbrief in the amount of €500 million and a term of 3.5 years ...

IVG starts debt relief program according to plan (DE)

By redeeming about €120 million of the so-called SynLoan II from 2009 at the end of 2010, IVG proceeded according to plan with the execution of its earlier initiated debt relief program.This program ...

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