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» Chronological View: " Economy & Financial " «

Milda Dargužaitė elected as new Supervisory Board member of Northern Horizon Capital

Northern Horizon Capital AS has elected Milda Dargužaitė as a new member of the supervisory board for a period of 5 years. She will succeed Michael Rudolf Schönach. Dargužaitė acts as a Group Chief Executive Officer to Northern Horizon Capital Group. She has extensive work experience in both private and public sector locall...
Tuesday, 10. July 2018

AXA Investment Managers takes full ownership of Data4

AXA Investment Managers - Real Assets has acquired the remaining 63% stake it did not already own in a European data centre operator. The asset manager has acquired the stake in Data4, from funds managed by Colony Capital on behalf of its client, AXA France. Financial details have not been disclosed.
Tuesday, 10. July 2018

HBC Signa Deal: non-binding and open ended

The Hudson's Bay Company (HBC) has publicly commented on the reports on a possible Kaufhof-Karstadt joint venture and made it clear that this is only a „non-binding letter of intent“ with Signa. While HBC does not generally comment publicly on market speculation or rumors, in light of recent media reports, HBC believes it is ...
Tuesday, 10. July 2018

M7 increases its investment in IPSX

IPSX Group has received a further significant investment from pan European investor and asset manager, M7 Real Estate (“M7”). Furthermore, the company has appointed Richard Croft, M7’s chief executive officer, to the company’s board as a non-executive director.
Monday, 9. July 2018

Warehouse REIT appoints Pam Williamson as Group Financial Controller

Warehouse REIT, announces that its external manager, Tilstone Partners Limited, has appointed Pam Williamson as Group Financial Controller. Effective immediately, she joins Warehouse REIT’s finance team, supporting the growth of the c. £300 million (c. €339m) portfolio of warehouses.
Monday, 9. July 2018

66 land sales completed in the Irish market

CBRE Ireland have today released figures for the volume and value of development land traded (both on and off-market) in the Irish market in the first half of 2018, which shows that 66 transactions totalling almost exactly €400 million signed in the six months to the end of June. This compares to 50 development land transacti...
Monday, 9. July 2018

Graham Bloomfield is Arlington Advisors' new Investment Director

Arlington Advisors has appointed Graham Bloomfield as Investment Director. Bloomfield will lead on the financial evaluation and debt financing of investment opportunities. He joins from DWPF where he specialised in student accommodation and closed 40 transactions over the last 14 years. His clients included Arlington Advisors...
Friday, 6. July 2018

Vonovia controls 61.1% of Victoria Park

On 21 June 2018, Vonovia SE, through its wholly-owned subsidiary Deutsche Annington Acquisition Holding GmbH, announced the outcome of the recommended public cash offer to the shareholders of Victoria Park AB to tender all shares in Victoria Park to Vonovia Acquisition Holding. During the initial acceptance period, Victoria P...
Friday, 6. July 2018

Cushman & Wakefield cooperates with Workingwell

Cushman & Wakefield is now collaborating with the consulting company Workingwell in the fields of workplace strategy and change management, thereby comprehensively expanding its range of services. Using their joint consulting expertise, the companies develop modern workplace concepts that focus on the human factor and promote...
Friday, 6. July 2018

Wealthcap makes highest distribution in company’s history

In 2018 Wealthcap is planning to distribute approx. €735 million to its private clients. This is the biggest-ever distribution in the history of the company. The scheduled distributions amount to €145 million, with special distributions from sales and liquidations contributing some €590 million to the result. Thus, on average...
Friday, 6. July 2018

Cromwell hires Lodewijk Zweers as Head of Capital and Operations

Cromwell Property Grou announces the appointment of Lodewijk Zweers to the newly created role of Head of Capital and Operations, Europe. In this role, he is responsible for leading the strategic direction of Cromwell’s future in European capital raising and investor relations activity across Europe, as well as taking on the d...
Thursday, 5. July 2018

Almost €1.85 billion invested in commercial property

CBRE Ireland have today released investment spend figures for the Irish market during the first half of 2018, which show that almost €1.85 billion was invested in commercial property in Ireland during the first six months of the year with more than €946 million having traded in Q2 2018 alone. The cumulative spend for the firs...
Thursday, 5. July 2018

Christof Winkelmann remains on the board of Aareal Bank

The Supervisory Board of Aareal Bank AG resolved to extend the contract with Christof Winkelmann, and to re-appoint him as a member of the Management Board of Aareal Bank AG, with effect from 1 July 2019, for a term until 30 June 2024. Christof Winkelmann (43) has been a member of the Management Board since 1 July 2016; he is...
Thursday, 5. July 2018

CBRE launches regional office for South Eastern Europe in Belgrade

CBRE has established a new regional office to provide real estate advisory services to international and domestic clients in South Eastern Europe. The new fully-owned CBRE operation based in Belgrade will be led by Andrew Peirson who has been working in the region since 2005. He joins from JLL where he was overseeing their So...
Thursday, 5. July 2018

AEW appoints Vanessa Roux-Collet as General Counsel Europe

AEW has apppinted Vanessa Roux-Collet as General Counsel Europe for AEW. She also joins the Executive Committee of AEW in Europe with immediate effect. Roux-Collet is based in Paris and reports to Rob Wilkinson, Chief Executive Officer for AEW in Europe. In her new position, Vanessa Roux-Collet is responsible for all legal ma...
Thursday, 5. July 2018

ReSI acquired portfolio of 1,772 residential units for c. £155 million since IPO

Residential Secure Income has announced its interim results for the period 12 July 2017 to 31 March 2018, reviewed by ReSI’s Auditor in accordance with the ISRE 2410 ‘Review of Interim Financial Information Performed by the Independent Auditor of the Entity’.
Thursday, 5. July 2018

TH Real Estate appoints Jack Sibley as Innovation & Technology Strategist

TH Real Estate has appointed Jack Sibley as Innovation & Technology Strategist, a new role focused on leveraging innovation and technology in a drive to further boost client service and investment performance. Sibley will lead the push in driving technological innovation across TH Real Estate’s global platform, in line with t...
Wednesday, 4. July 2018

Peritus Corporate Finance appoints Marcus Perry as Head of Transaction Management

Peritus has appointed Marcus Perry. He will join Peritus Corporate Finance as Head of Transaction Management in the Real Estate Corporate Finance team. Perry qualified as a chartered surveyor in 1999 and has been working at a senior level for property companies closing acquisitions and raising debt and equity finance since 2004.
Wednesday, 4. July 2018