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MGPA winds up 1999 vintage Fund

MGPA, the private equity real estate investment advisory company, announced that it wound up its Global Fund I, an opportunistic $480 million (approx. €352.8 mln.) global fund which delivered strong ...

Investments in World Bank Green Bonds surpass $1 billion

The latest issue of World Bank green bonds has pushed the total amount of such financing to more than $1 billion (approx. €735 mln.), reflecting continuing strong investor interest in this unique inv ...

Europeans invested €12 million in Oceana Residence in January (UAE)

Europeans from Britain, Russia, Holland and Belgium, invested AED 60 million (approx. €12 mln.) in January, as sales of apartments at the luxurious Oceana Residence, averaged almost one per day durin ...

Benson Elliot makes first UK acquisition in Milton Keynes for €23.5 million (UK)

Benson Elliot Capital Management, the leading private equity real estate firm, has exchanged contracts on the acquisition of CBXII, Midsummer Boulevard, Milton Keynes. The property has been acquired f ...

McArthurGlen opens its fifth designer outlet village in Italy (IT)

La Reggia Designer Outlet near Naples has attracted some of Europe's best-known brands. It also features one of Europe's biggest solar energy schemes ever used in the retail sector. Once the second ph ...

Sjælsø sells three retail projects in Sweden at €43 million (SE)

Sjælsø has entered into an agreement with Alecta Pensionsförsäkring about sale of three retail projects in Sweden at SEK 427 million (approx. €43 million).Alecta is one of the largest pensions in ...

IAOP names CB Richard Ellis among top outsourcing providers for 4th time

The International Association of Outsourcing Professionals (IAOP) has named CB Richard Ellis Group to The 2010 Global Outsourcing 100 for the fourth straight year. The list recognizes the world's best ...

Average retail rents continue to decline but should soon stabilize (UK)

Average retail property rents declined just over 8% in 2009 says Cushman & Wakefield. In its latest quarterly update on the UK market, the property adviser says that although rents declined by a f ...

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