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EPRA

Listed 07/02/2019

French retail giant Klépierre grows 2018 cash-flow 6.5%, to raise div 7%

French retail property giant Klépierre raised net current cash-flow per share by 6.5% last year to €2.65, and said it will propose a 7% higher dividend (...)

Logistics 29/10/2018

Guernsey's Summit Germany adds €86m multi-service centres

Guernsey-based Summit Germany, an AIM-listed property firm, has signed on an €86m purchase of eight multi-service centres from Fortress Immobilien offering GLA of 58,000 (...)

Finance 05/09/2018

Alternatives to double European listed RE cap to €500bn in 5 yrs - Kempen

Large and accelerating investment into alternative real estate segments will double the size of the FTSE EPRA Nareit Developed Europe real estate index to (...)

Listed 30/08/2018

After market cap expands to €286bn, European listed property warrants a closer look

In the last 10 years, European listed real estate has grown to a capitalisation of €286bn from €80bn, with weights more reflective of underlying economies, and (...)

Listed 27/07/2018

Italy's Coima Res 1H net up 19% to €17m, to focus on Milan base

Italian REIT/SIIQ Coima Res raised first half net profit 19%yy to €16.8m, EPRA earnings per share by 17.4% and recurring FFO by 11.5%, saying it is (...)

Health / Senior 23/07/2018

France’s Icade boosts 1H earnings, guidance, eyes euro healthcare REIT

French REIT/SIIC Icade increased EPRA earnings from property investment by 6.9% to €155.9m in first half 2018, raised guidance for cash-flow, and said it aims to (...)

Listed 23/07/2018

French REIT Tour Eiffel posts 1H net loss of €2.9m

French REIT/SIIC Société Tour Eiffel posted a first half net loss of €2.9m, turning round an €8m profit in 1H17, saying the first six (...)

Listed 16/07/2018

Sweden's Castellum boosts 1H NAV by 14%, but net slips slightly

One of the largest listed property firms in the Nordic region, Sweden's Castellum, reported a 14%yy rise in EPRA net asset value in the first (...)

Listed 08/06/2018

Hungary beats Portugal, Poland to introduce new, attractive REIT status

Hungary has become the latest European nation to introduce a REIT status that should attract property firms after adjusting laws first introduced in 2011. (...)

Listed 08/06/2018

Aroundtown appoints Cromme to board after 54%yy 1Q FFO surge

Fast-growing listed CRE group Aroundtown has appointed one of Germany's most high-profile managers to its advisory board just days after releasing first quarter figures showing a (...)

Listed 16/05/2018

New technologies will optimise, disrupt, transform real estate - EPRA

Emerging technologies such as Virtual Reality, Artificial Intelligence and Blockchain will optimise efficiencies in real estate, transforming business models, but will also disrupt those (...)

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 (...)

Listed 12/04/2018

US Lone Star to exit 2nd European listed firm, selling 61% Warsaw GTC stake

In its second exit from a listed European property group in six months, Texas-based opportunity fund group Lone Star is to sell its entire 61% holding (...)

Housing 03/04/2018

Spain's Testa housing group in €89m pre-IPO capital raise to cut Merlin Property ties

Spanish housing group Testa, being prepared for an IPO in the next few months, is to make a capital increase of €89m for subscription by (...)

Listed 29/03/2018

Berlin's listed Adler says FFO should rise 65% with Brack takeover

Berlin listed residential group Adler Real Estate said its acquisition of Brack Capital Properties should boost funds from operations this year by around 65%, and grow its core (...)

Listed 28/03/2018

Fast-growing Aroundtown boosts 2017 FFO by 77% doubles AUM to €10bn

Aroundtown, the fast-growing listed German commercial real estate firm, reported a 77% rise in funds from operations to €293m for 2017, with per share (...)

Listed 27/03/2018

Austria's Immofinanz rejects unsolicited US Starwood offer at €2.10 shr

Austria's listed property group Immofinanz has rejected an unsolicited partial offer for a 5% stake made by the US-based Starwood Capital group in parallel to a bid for (...)

Finance 26/03/2018

Spanish SOCIMI success story set to go further - EPRA/Iberian Property conf.

Spain's REIT/SOCIMIs have succeeded in the government's aims of reviving the nation's previously depressed real estate, boosting the economy and creating jobs, the EPRA/Iberian (...)

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 (...)

Listed 23/03/2018

Germany's TLG boosts FFO 34% in 2017, AUM up 52% as net income triples

Berlin-based TLG Immobilien said funds from operations last year climbed 33.6% to €102.7m based on a 19.8% increase in rental income, while net more than tripled (...)