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Legal & General secures further £117 mln. equity for recently launched LPI income property fund (UK)

Legal & General Property ('LGP') announces that it has secured a further £117 million (approx. €137 million) of equity for its LPI (Limited Price Inflation) Income Property Fund from three corpo ...

ECE secures financing for Marmara Park, Istanbul (DE/TR)

Just in time for the laying of the foundation stone on March 1, ECE secured the financing of its €220-million project 'Marmara Park' in Istanbul. The investor will be a closed real estate fund by DWS ...

MirLand refinances two loan facilities totaling approx. US $43.1 million (RU)

MirLand, one of Russia's leading residential and commercial property developers, is pleased to announce that it has refinanced two loan facilities totaling approximately US $43.1 million (approx. €31 ...

Befimmo shares delisted from NYSE Euronext Paris (BE/FR)

Befimmo (BEFB) has voluntary applied for its shares to be delisted from NYSE Euronext Paris (ISIN code: BE0003678894), mainly on account of the costs associated with keeping a dual listing. The Board ...

Savills Germany and FAP collaborate on equity financing (DE)

Financial advisors FAP (Flatow Advisory Partners GmbH) and international real estate advisor Savills have formed a collaboration to provide finance and transactional advice in the property development ...

CBRE: European property values turn positive in 2010 (EU)

The European property market grew in value by 2.6% in 2010, according to the latest research from CB Richard Ellis (CBRE). After significant falls across the region in 2008 and 2009 (-11.7% and ...

KGAL ends 2010 with €473.3 million in equity capital raised (DE)

KGAL GmbH & Co. KG raised €473.3 million in equity capital during financial year 2010. This represented a further slight improvement on the previous year's already high level of €460.2 million.T ...

IPD: UK commercial property close to flat lining (UK)

UK commercial property capital growth rose fractionally in the first month of the New Year, at 0.1%, according to the IPD UK Monthly Index, as yields and rents continued to virtually stagnate. ...

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