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BIE

Listed 14/05/2018

Savills IM launches global REITs fund, targeting €100m with 5% returns

Savills Investment Management has launched a global REITs fund which, MD Thomas Körgen told BIE, targets a 5% annual return and €100m initial size using (...)

Green 26/04/2018

Surging populations, cities, digitalisation sparked WBEF - RICS' Tompkins

RICS' World Built Environment Forum was born from a realisation that many professions needed to come together to provide solutions to surging populations and (...)

Listed 26/04/2018

Swedish Castellum lowers LTV cap, wins rating upgrade to spread risk - CFO

Swedish listed Castellum, managing property worth €7.87bn, is to cut its loan-to-value cap to 50% - a move CFO Ulrika Danielsson told BIE came largely in response (...)

Listed 23/04/2018

German TLG shareholder Adar exits, Dayan converts to 22.5% direct stake

Major shareholdings in German listed TLG have shifted again. Hedge fund Adar has sold its entire 18.17% stake while another, Ouram controlled by Israeli investor Amir (...)

Housing 20/04/2018

Is Germany's Vonovia bidding for French SNCF's 4,000-unit resi portfolio?

In a deal being watched at home and abroad, French railway SNCF is selling a portfolio of 4,000 homes in a rare public sector sale that (...)

Listed 16/04/2018

S.Africa's Growthpoint to take direct €150m stake in Globalworth Poland

South African REIT Growthpoint is to take a direct stake in Poland's Griffin Premium, now renamed Globalworth Poland, subscribing between €120m and €150m to a new equity (...)

Finance 13/04/2018

Japanese institutions finally enter European property; RFPs land with managers

Japanese institutions are finally entering European property, BIE has learned. Requests for proposals have been landing with several senior investment managers since late last (...)

Office 10/04/2018

BayernLB's Real I.S., with €1.5bn equity to invest, sees no disruptive rate rise

Real I.S., the real estate closed fund manager of Munich's BayernLB group, remains in cautious buying mode in Europe, with €1.5bn in equity to invest, (...)

Housing 23/03/2018

Spain's Testa, with 11,000 resi units, to IPO before summer - Merlin's Clemente

Spanish REIT/SOCIMI Merlin Properties intends to float housing affiliate Testa Residencial on the stock market before summer to become the nation's first listed residential investor, CEO Ismael Clemente says. Its (...)

Hospitality 21/03/2018

Icamap's £50m easyHotel capital raise aims to fund expansion - Poitrinal

Icamap, the investment fund started by former Unibail CEO Guillaume Poitrinal, has invested £50m in UK super-budget easyHotel group in a capital raise that took its stake to 38.7%, (...)

Finance 19/03/2018

Klitschko: "Every investor in Kyiv gets my personal cellphone number"

Despite false impressions given by television reports, security in Ukrainian capital Kyiv is good and improving, says Vitaliy Klitschko, former world heavyweight boxing champion (...)

Office 13/02/2018

Brexit impact on Paris office slight but Macron, Grand Paris very positive - GCI

The impact on Paris office property of the UK's plans to leave the EU has so far been slight but the better investment climate (...)

Logistics 24/10/2017

European logistics dots that lead to China, Jack Ma mean yields are headed lower

It doesn’t take much to join the dots in logistics real estate. When Alibabafounder Jack Ma sees it as crucial to globalisation and aims (...)

Retail 18/10/2017

Berlin’s Sony Center: N. American weight of capital outweighs even Korean

If anyone still doubts if European commercial property yields will fall further it’s certainly not Oxford Properties and New York-based Madison who last month signed to (...)