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» Chronological View: " Global News " «

DWS increases logistics real estate presence across Greater Seoul

DWS has acquired Logiport Icheon in Icheon, Greater Seoul on behalf of one of its European real estate funds for KRW 61.2 billion in an off market transaction. Newly completed in May 2017, Logiport Icheon is a grade A four level logistics property built to a high specification covering over 45,000 square meters. Its versatile...
Wednesday, 18. April 2018

Highest year on year record for European loan sales

Last year saw a return to growth in the loan sales market, with a total of €114 billion of real estate backed loan sales recorded during the year, according to the latest report by CBRE. Despite being a record year for loan transactions, there are still circa €1 trillion of outstanding NPLs held by European banks across all l...
Tuesday, 17. April 2018

McArthurGlen appoints Shaeren McKenzie as Chief Brand Officer

The McArthurGlen Group has announced the appointment of Shaeren McKenzie, currently Group Marketing Director, as its first Chief Brand Officer. In this newly-created role, McKenzie will focus on developing McArthurGlen’s consumer proposition, working in close cooperation with the company’s luxury and fashion brand partners, ...
Tuesday, 17. April 2018

Allianz participates in Gaw Capital Partners’ acquisition of Shanghai’s Sky Soho

Allianz joined Gaw Capital to acquire two towers out of the four office blocks in Sky Soho, located in Shanghai’s Hongqiao District. The asset is being acquired by Gaw Capital’s Gateway Real Estate Fund V and its co-investors. Allianz will hold approximately 23% of the equity. Allianz Real Estate undertook this transaction on...
Tuesday, 17. April 2018
Ivanhoé Cambridge hires LaSalle IM's Habra as head of Europe

Ivanhoé Cambridge hires LaSalle IM's Habra as head of Europe

Ivanhoé Cambridge has appointed Karim Habra, LaSalle Investment Management’s head of continental Europe, as Head of Europe. He will be responsible for the company’s European platform and its future growth. Habra, who begins his role in July, will be based in the company’s European headquarters in Paris.
Friday, 13. April 2018
PGGM, Redevco launch €550m European CRE JV

PGGM, Redevco launch €550m European CRE JV

PGGM Private Real Estate and Redevco have launched Urban Retail Ventures, a €550 million European commercial real estate joint venture. Urban Retail Ventures will invest in the most favourable shopping and leisure destinations in Europe, focusing on cities that are winning the battle as quality retail locations. The joint ven...
Thursday, 12. April 2018
Cushman & Wakefield appoints EMEA Flexible Leasing Lead

Cushman & Wakefield appoints EMEA Flexible Leasing Lead

Cushman & Wakefield has hired Emma Swinnerton as EMEA Head of Flexible Leasing Solutions, a region-wide consultancy role focusing on the flexible office and co-working market. Swinnerton’s experience includes working for Regus, where she held the role of Global Commercial Director for Spaces & New Formats. She began her caree...
Monday, 9. April 2018

Earning power increases for Corporate Real Estate professionals

In a recent survey of corporate real estate executives at corporations globally, 80% reported that their base salary increased from 2016 to 2017 by an average of 4.6%. In addition, 76% projected further increases of roughly 4% on average in 2018, according to a survey conducted by CoreNet Global and FPL Associates.
Thursday, 5. April 2018

Allrise appoints Zhuranskaya ahead of European lending push

The Allrise Financial Group has appointed former Deutsche Bank and Merrill Lynch banker Inna Zhuranskaya as its new chief executive ahead of a push into new European markets. The Debt specialist is planning to launch real estate funds in the US and Europe, and a joint venture in Russia with a major institutional investor.
Tuesday, 3. April 2018
Deka Immobilien sells office highrise in Singapore to Oxley for €415m

Deka Immobilien sells office highrise in Singapore to Oxley for €415m

Deka Immobilien GmbH has sold the “Chevron House” office building in Singapore for around €415 million (S$660m). The international developer Oxley Holdings Ltd., located in Singapore, acquired the property. The property was sold from the portfolio of the open-ended real estate fund Deka-ImmobilienGlobal. The fund sold the “Ch...
Thursday, 29. March 2018

JLL strengthens funds advisory capabilities

JLL has made two senior appointments in its Global Funds Advisory team to strengthen its capital raising and investment advisory capabilities. Georg Frauboes joins as a director and is based in London, while Eugene Kim also joins as a director and is based in Singapore. In their roles, they will be responsible for underwritin...
Wednesday, 28. March 2018

Cushman & Wakefield interviews advisers for IPO

Cushman & Wakefield, backed by private equity firm TPG, is interviewing advisors to help the company prepare its flotation. According to a New York-based real estate analyst, Cushman’s IPO is likely to value the group at around $7bn (c. €6bn), which may see it challenge JLL for the global second spot in terms of market capita...
Wednesday, 28. March 2018
PGIM Real Estate names Greg Kane head of European Investment Research

PGIM Real Estate names Greg Kane head of European Investment Research

Greg Kane, currently executive director on the Investment Research Team, has been promoted to head of European Investment Research. In this role, Kane is responsible for leading the European Research team in supporting the portfolio, asset management, acquisitions and marketing efforts of the regional and global businesses. H...
Tuesday, 27. March 2018
Commerz Real acquires “Kimpton Hotel Monaco” in Philadelphia for Hausinvest

Commerz Real acquires “Kimpton Hotel Monaco” in Philadelphia for Hausinvest

Commerz Real has acquired the “Kimpton Hotel Monaco” in Philadelphia (USA), for its open-ended real estate find Hausinvest. The seller is the American real estate investor KHP Capital Partners, which specialises in hotels; both parties have agreed to maintain confidentiality on the purchase price. The 4-star boutique hotel is...
Tuesday, 27. March 2018

AustralianSuper appoints TH Real Estate to an expanded European mandate

AustralianSuper has expanded its mandate with TH Real Estate, appointing the investment manager to advise on opportunities in the office and retail sector in Europe. First appointed in 2013, TH Real Estate has successfully assisted AustralianSuper in its aims to grow its UK property investment portfolio. The team advised in 2...
Friday, 23. March 2018

Thomas Cook launches £150 million hotel fund

British travel company Thomas Cook has launched a £150 million (c.€170.18million) hotel fund, aimed at acquiring established European resort hotels in popular leisure destinations. The fund is formed in partnership with Switzerland-based LMEY Investments, with Thomas Cook and LMEY transferring two and three properties respect...
Tuesday, 20. March 2018