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» Chronological View: " Economy & Financial " «

Octopus Property provides Saudi Arabian investor with £12.7m development loan

Octopus Property has agreed to provide Saudi Arabian investor Snabil Limited with a £12.7m (c. €14.2m) senior facility to fund the acquisition of a much site in Chiswick, West London, with the subsequent development of 21 residential apartments. An additional c. 4,300 sq ft commercial unit and basement car park will further i...
Wednesday, 26. September 2018

NCC appoints Susanne Lithander as CFO

Susanne Lithander will take office as CFO of NCC on November 12 and join the company’s Executive Management Team. She comes from BillerudKorsnäs, where she worked as CFO for seven years. Before that, she was CEO of Mercuri International and worked in several roles at Ericsson. Current CFO Mattias Lundgren will continue in his...
Wednesday, 26. September 2018

DM Hall appoints Kevin Reid as Associate to boost its client offering

DM Hall has recruited seasoned Building Surveyor, Kevin Reid, who has joined the firm’s Aberdeen office as an Associate. Reid established his own private practice in 2007 and has serviced a broad range of clients in both Commercial and Domestic or Residential sectors. He has worked on a variety of instructions / projects for ...
Wednesday, 26. September 2018

Apleona appoints Dr. Michael Lange as Chief Digital Officer

Dr. Michael Lange has been appointed as Chief Digital Officer (CDO) of Apleona with effect from October 1, 2018. In this role, he will report directly to the CEO of the Apleona Group, Dr. Jochen Keysberg. Lange, who has a doctorate in computer science in construction, will be responsible for the Apleona’s digitalization initi...
Wednesday, 26. September 2018

Aviva Investors completes £264.5 million refinancing for MedicX

Aviva Investors has completed a £264.5 million (c. €296.2 million) refinancing for MedicX Fund Limited (MedicX), a specialist healthcare infrastructure investor. The new 15-year facility, which refinances existing loans and increases the total debt by £30.8 million (c. €34.5 million), is secured against 90 modern purpose-buil...
Wednesday, 26. September 2018

VIA Outlets creates COO and CFO roles

VIA Outlets has announced the appointment of two newly-created senior management positions to join its growing team of experienced real estate professionals. Otto Ambagtsheer joins as Chief Operating Officer and Peter Stals as Chief Financial Officer.
Wednesday, 26. September 2018

Buwog reports 23,6 % lower net profit

The residential property specialist Buwog registered a Q1 net profit of €22.7m, 23,6% less than in the same quarter last year.
Wednesday, 26. September 2018

Sirius Real Estate appoints Daniel Kitchen as non-executive Chairman

Sirius Real Estate has appointed Daniel (Danny) Kitchen to the company’s Board as non-executive chairman with immediate effect. Kitchen brings more than 25 years of property and finance experience in both the listed and private markets. After 14 years in corporate finance and M&A with the Investment Bank of Ireland, he was ap...
Tuesday, 25. September 2018

DekaBank finances Olympus Campus in Hamburg

DekaBank has arranged and fully underwritten a senior investment facility on behalf of a real estate investment company owned by Ärzteversorgung Westfalen-Lippe (ÄVWL) and Hines – who jointly acquired the “Olympus Campus” asset located in Hamburg for around €270 million – under the terms of a forward purchase. The loan has b...
Monday, 24. September 2018

SSM recruits Bo Westin as new Chief Sales Officer

SSM Holding AB has recruited Bo Westin as the company’s new Chief Sales Officer and member of SSM’s Group management team. Westin has solid experience in real estate sales from positions at NCC Boende, Mäklarhuset and Peab. Westin has an MBA from the University of South Carolina, US. He has vast knowlege within sales and mark...
Monday, 24. September 2018

CBRE in Brno appoints Lukáš Novotný as Business Development Director

CBRE has added Lukáš Novotný to its Brno branch. Novotný is joining the company in the position of Business Development Director, coming from the company Herman Miller, where he held positions Regional Business Manager for CEE, International Sales Manager (Los Angeles) and Global Account Manager EMEA.
Monday, 24. September 2018

Visionapartments adds Max Throne and Ralph Büsser to its management team

Visionapartments has extended its management team by adding Max Thorne, Senior Board Director, and Ralph Büsser, COO. Both bring many years of experience in the real estate and serviced apartments sector to the table. The two managers will lead the company on the path to global expansion. They have proven track records in the...
Monday, 24. September 2018

Germany is Europe's most important logistics real estate market

The logistics real estate market is booming, having followed a dynamic growth trajectory throughout Europe in recent years and experiencing a sustained upturn. Cushman & Wakefield Research & Insight forecasts average annual growth of 1.6% in prime rents in the European markets. Around 25% of total logistics sector turnover in...
Monday, 24. September 2018

Colliers International appoints Ben Thomason and Katarzyna Włodek-Makos

Colliers International has appointed Ben Thomason as Director and Head of Debt Advisory in the UK. Thomason, alongside fellow directors Laurence Richardson and Adrian Rowland and a team of four from Asset Leverage Consultants (ALC) in Jersey will join Colliers’ UK National Capital Markets division reporting to division head, ...
Monday, 24. September 2018

South Korean investment to top £3bn in City of London

South Korean investment into City of London offices is expected to top £3 billion in 2018, according to the latest research from Savills; the highest volume of Korean investment ever recorded in London. Year to date South Korean investment totals £1.95 billion across four transactions, with a number of other transactions unde...
Friday, 21. September 2018

Cushman & Wakefield launches new company „Design & Build“

With the founding of the new company “Cushman & Wakefield Design & Build GmbH", the global real estate consultancy now not only offers all project management-related services, but also integrated planning and construction services in Germany. The extended range of services includes technical lease contract support for owners ...
Friday, 21. September 2018