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Office 16/02/2018

Germany's Deka makes Finland's largest single office buy at €190m

In the largest-ever single asset transaction in Finland, Ilmarinen Mutual Pension Insurance has sold the landmark office property Töölönlahdenkatu 3 in Helsinki to German savings bank (...)

Office 15/02/2018

French Foncière des Régions boosts 2017 net 10% to €391m, sees favourable 2018

Diversified French REIT/SIIC Foncière des Régions last year raised net recurring income by 10% to €391m, and will propose a 2.3% dividend increase to (...)

Office 14/02/2018

Hamburg's Warburg-HIH Invest delivers 8% returns, raises fund AUM near €7bn

Warburg-HIH Invest Real Estate, a Hamburg-based fund manager owned jointly by HIH Real Estate and private bank M.M. Warburg, delivered an 8% return to investors in 2017 (...)

Office 14/02/2018

German Big 5 prime office prices rise 10%, strongest for six years - JLL's Victor

The German Victor Prime Office indicator developed by global adviser JLL to track price changes in the five major cities, rose 4.1% in the (...)

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 (...)

Office 12/02/2018

French REIT Icade triples 2017 net to €170m, proposes dividend increase

French REIT Icade reported a tripling of 2017 net attributable profit to €170.3m, and will propose a rise in its dividend to €4.30 per share. Net (...)

Office 09/02/2018

Belgian office REIT Befimmo "closes 2017 with a new look", net rises to €136m

Belgian office REIT Befimmo raised EPRA earnings for last year to €3.74 from €3.68, with net soaring to €136m from €90m. It added that it "closed 2017 with (...)

Office 07/02/2018

Sweden's Hemsö ups 2017 net to €263m, says housing worries not impacting business

Sweden's listed Hemsö, which specialises in commercial property with public sector tenants at home and in Germany and Finland, said 2017 net profit rose to (...)

Office 06/02/2018

Australia's Macquarie re-boots in Europe with takeover of Munich's GLL

Macquarie Infrastructure and Real Assets, a division of Australia's Macquarie Group, is boosting its presence in Europe, announcing on Tuesday the acquisition of Munich-based real (...)

Office 05/02/2018

European 2017 CRE investment rises 4% to €293bn; 2018 looks good - RCA

Europe’s commercial real estate in 2017 experienced the third most active year on record for investment, rising 4 % from 2016 to €293.4bn, according (...)

Office 05/02/2018

Corpus Sireo advises on first asset, in Vienna, for Swiss Life's new €700m fund

German real estate manager Corpus Sireo has advised on the first acquisition, of two office buildings in Vienna's Marximum office complex, by its parent group Swiss (...)

Office 05/02/2018

Spanish REIT Colonial's takeover bid for peer Axiare declared successful

As expected after the board of Spanish REIT/SOCIMI Axiare approved a takeover offer by peer Colonial, a majority of its shareholders accepted by the (...)

Office 02/02/2018

French 2017 CRE investment slips to €26bn, 2018 to hold steady - C&W

French commercial real estate investment slipped last year by 3% from 2016 to €26.1bn, but was still nearly 40% above the 10-year average and (...)

Office 01/02/2018

Euro area property "enjoying one of its best moments since the crisis" - RICS

Euro area property in the last quarter of 2017 was enjoying one of its best moments since the financial crisis, says UK-based chartered surveyor (...)

Office 01/02/2018

Berlin Sony Center an attractive buy even if not a 10% yield - ULI Europe Conf.

Berlin's Sony Center will not yield the 10% that Canada's Oxford Properties usually targets in real estate but was nonetheless an attractive purchase due to the (...)

Office 29/01/2018

Czech 2017 RE investment nears record, but likely to decline this year - C&W

Real estate investment in the Czech Republic reached €3.27bn last year, down slightly from the record 2016, says adviser Cushman & Wakefield. Alongside domestic investors, (...)

Office 29/01/2018

German TLG in spotlight as major shareholders assess new 23% investor

German listed TLG, managing €2.4bn in commercial real estate, is in the spotlight this week after investor Amir Dayan said he potentially controls 23% of (...)

Office 26/01/2018

Spanish REIT Lar Espana boosts portfolio in 2017 by 29% to €1.5bn

Spanish REIT/SOCIMI Lar España reported a 29% increase in portfolio value last year to €1.54bn, which it said is well above the purchase price of the (...)

Office 24/01/2018

Despite Brexit worries, London tops 2017 CRE investment for global cities - JLL

Despite Brexit concerns, London topped the global city league tables for commercial real estate investment last year, while Los Angeles moved into second place, (...)

Office 24/01/2018

Germany's Deka boosts 2017 property AUM by €2bn to €34bn, sees further yield falls

Deka Immobilien, the property investment arm of the German savings bank system, boosted assets by €2.2bn last year to €34.3bn, transacting €5.9bn in total, (...)