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CBRE: Swap contracts affecting lenders real estate work out strategies

The cost of breaking swaps contracts taken out by real estate investors who borrowed in euros at the peak of the property market in 2006/07 has increased substantially, according to an analysis by glo ...

Benson Elliot and Générale Continentale Investissements exit over €150 mln. of prime Paris offices (FR)

Leading private equity real estate firm Benson Elliot Capital Management and Générale Continentale Investissements ('GCI') announce the sale of Olympique and Opéra Italiens, after successfully comp ...

Jones Lang LaSalle reshapes Netherlands leadership team (NL)

Jones Lang LaSalle has announced that Eric de Clercq Zubli is stepping down as CEO for the Netherlands after six years in the role. Vincent Querton is to take executive leadership of its business in t ...

Savills: 2012 will be the year for large-scale residential transactions in Germany (DE)

Germany's residential portfolio transaction market saw a significant boost in Q1 2012 when compared to the previous quarter and to Q1 2011 with 35 residential packages comprising approximately 56,000 ...

Allianz Real Estate Germany buys second property on Berlins Friedrichstrasse (DE)

Allianz Real Estate Germany GmbH has added to its Berlin portfolio. After buying the office and retail block at Friedrichstrasse 200 last summer, it has now signed the purchase contract for Quartier 2 ...

pbb Deutsche Pfandbriefbank provides €13 mln. facility to Investec GLL Fund (DE/ES/UK)

pbb Deutsche Pfandbriefbank has provided an approx. €13 million financing facility to the Investec GLL Global Special Opportunities Real Estate Fund, a fund jointly managed by GLL Real Estate Partner ...

CBRE expands services in the Netherlands with new office in the Utrecht region (NL)

CBRE has opened a new office in Houten, Netherlands, servicing the Utrecht region.The office was formerly the headquarters of SCM Europe, the shopping center management specialist, which was acquired ...

W. P. Carey names Jason Fox and Gino Sabatini Co-Heads of Global Investments

Investment firm W. P. Carey & Co. LLC (NYSE: WPC) has announced the appointment of Jason Fox and Gino Sabatini as Co-Heads of Global Investments.Fox will oversee the firm's international acquisiti ...

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