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» Chronological View: " Economy & Financial " «

Aviva Investors appoints Mark Meiklejon as Head of Real Assets Investment Specialists

Aviva Investors has appointed Mark Meiklejon as Head of Real Asset Investment Specialists. Based in London, Meiklejon will lead a newly-formed Real Assets investment specialist team within Global Client Solutions and reports to Steven Blackie, Global Head of Product Strategy. He has over 18 years’ industry experience, and mos...
Monday, 20. August 2018

Grainger appoints Tom Henry as National Acquisitions Director

Grainger has appointed Tom Henry as National Acquisitions Director. Henry will join Grainger’s Investment team and will report into Grainger’s Director of Investments, Andrew Saunderson. He will be responsible for helping drive further growth in Grainger’s £1.2bn (c. €1.3bn) investment plan into the UK private rented sector (...
Monday, 20. August 2018

DEMIRE increases net profits more than tenfold in Q2 2018

DEMIRE Deutsche Mittelstand Real Estate AG continued its positive performance in the second quarter of 2018, increasing its net profits more than tenfold. The group’s real estate portfolio consisted of 87 commercial properties as of the 30 June 2018 reporting date (31 December 2017: 86 properties) with a total lettable floor ...
Monday, 20. August 2018

Art-Invest Real Estate partners with WiredScore to improve digital infrastructure

Art-Invest Real Estate has partnered with WiredScore to analyse and improve the digital infrastructure and connectivity of its buildings. Art-Invest Real Estate mandated WiredScore to certify the digital infrastructure of about 20 office properties across Germany with over 400,000 m² of GLA.
Monday, 20. August 2018

European industrial and logistics investment remained strong in H1 2018

European industrial and logistics investment remained strong during the last 12 months, according to CBRE's EMEA Industrial & Logistics – Capital Markets Snapshot. Investment volumes reached €31.3bn, down 21% from the 12 months to June 2017, but up 14% after discounting the hugely significant €12.25bn Logicor deal which took ...
Monday, 20. August 2018

ADO Properties continues to expand in the first half year 2018

ADO Properties S.A. continues to expand in the first half year 2018, while also recording significant growth of its value in the same period. The company's income from rental activities rose in the first six months 2018 by 26.4% to €64.9 million (H1 2017: €51.4 million), driven by a solid 5.1% like-for-like rental growth and ...
Monday, 20. August 2018

Deutsche Wohnen acquires 30 nursing facilities for €680m

Deutsche Wohnen has signed agreements to acquire 30 nursing properties with around 4,700 care placesm for €680m. Nearly 90% of the acquired properties are located in metropolitan areas. 13 facilities are located in Hamburg and was acquired from US-investor Oaktree. To manage the Hamburg facilities, the company initially took ...
Friday, 17. August 2018

Pbb finances conversion of former Commerzbank HQ in Frankfurt

Pbb Deutsche Pfandbriefbank has extended a loan to GEG German Estate Group AG for the purchase and subsequent refurbishment – to new-building specifications – of the „Global Tower“ building in Frankfurt #link(44451)#.
Thursday, 16. August 2018

Capital Bay enters growing micro-living market

Capital Bay (CapitalBay) is expanding its business activities to include the “micro-living” sector. For this purpose, CapitalBay is establishing its own platform for micro living as of 1 September 2018 under the name CB Micro Living GmbH. In order to get off to the best possible start, CapitalBay has acquired the expertise of...
Thursday, 16. August 2018

Colliers expands Czech operations with Threesixty acquisition

Colliers International has agreed to consolidate its business in the Czech Republic with the Threesixty Agency. The Threesixty partners Tewfik Sabongui and Petr Žalský will become equity partners of Colliers International, Czech Republic, with Tewfik Sabongui taking on the role of Managing Partner and Petr Žalský in the role...
Thursday, 16. August 2018

Warburg-HIH Invest to open dedicated London branch

Warburg-HIH Invest Real Estate (Warburg-HIH Invest) is in the process of opening a dedicated branch in London and has appointed Martin Payne as Managing Director of Warburg-HIH Invest Real Estate UK Ltd., a fully owned subsidiary of Warburg-HIH Invest that will handle the current asset management of the company’s UK holdings ...
Thursday, 16. August 2018

VIB Vermögen further increases profitability in the first half of 2018

VIB Vermögen AG has closed the first half of 2018 with significant increases in revenue and earnings. This trend was driven by the letting of new properties arising from development projects, as well as the ongoing decline in interest expenses on existing borrowings. As a result, FFO (an indicator used in the property sector)...
Thursday, 16. August 2018

TAG Immobilien increases its FFO and dividend

TAG Immobilien AG (TAG) achieved an FFO of € 36.1 million in the second quarter of 2018, after € 35.1 million in the previous quarter and € 30.9 million in the same period of the previous year. FFO for the full first half of 2018 was € 71.2 million or € 0.49 per share, a significant 20% increase compared to the same period la...
Thursday, 16. August 2018

Hamborner REIT reports strong first half

Hamborner REIT AG has enjoyed a successful first half of 2018 and today publishes its half-year financial report. Income from rents and leases amounted to €41.3 million in the first half of the year and was therefore up by 15.4% year-on-year. The rental income from properties that were in Hamborner's portfolio in both the fir...
Thursday, 16. August 2018

Balmain Asset Management buys BSC Group

Balmain Asset Management has purchased a minority stake in the BSC Real Estate Advisors and BSC Property Management companies and now holds 100% of the group shares. Jason Sharman has left BSC Real Estate Advisors to establish his own entity that will have no relation to the Balmain Asset Management Group or the BSC Group. Th...
Thursday, 16. August 2018

Boutique property consultancy launched

A boutique property consultancy has been launched in Weston-super-Mare to support commercial and private landlords. Mcilroy Smith, has opened in Pastures Avenue, St Georges, Weston-super-Mare, alongside the M5 to enable it to service clients throughout the area. It has been launched by Andrew Simmonds.
Thursday, 16. August 2018