Cookie Error:

Cookies deactivated. To use all functions on this portal, for example the login, Cookies must be activated. Please activate Cookies in your browser settings.

» Chronological View: " Global News " «

Allianz funds €94 million financing for an office building in downtown Nashville

Allianz Real Estate has financed The Pinnacle at Symphony Place located in Nashville, TN. Allianz is the sole lender on the €94 million ($100 million) first mortgage arranged on behalf of Highwoods Properties. Allianz Real Estate of America executed the transaction on behalf of its US Allianz insurance company Investors. The ...
Wednesday, 26. April 2017

BlackRock Real Assets completes final close of Europe Property Fund IV

BlackRock Real Assets has completed the final close of Europe Property Fund IV. The fund has secured €700 million in commitments from more than 30 institutional investors in North and South America, Europe, Asia and Australia. Commitments have come from a broad range of institutional investors, including public and corporate ...
Tuesday, 25. April 2017

INREV appoints NN Group's Marieke Van Kamp as Chairman

Marieke van Kamp, has been announced today as INREV’s new Chairman at the association’s Annual Conference in Berlin. As Head of Private Markets at NN Group, Van Kamp is responsible for the real estate, private equity and private loan portfolios of the NN insurance companies. NN Group is a Dutch insurance and investment manage...
Friday, 7. April 2017

Gross asset value of Baltic Horizon Fund reaches €154.9 million

Management Board of Northern Horizon Capital AS has approved the audited financial results of Baltic Horizon Fund for the year 2016. The financial results remained unchanged compared to the preliminary disclosure on 17th of February 2017. As at 31 December 2016 the gross asset value (GAV) of the Fund increased to €154.9 milli...
Wednesday, 5. April 2017
Hines acquires Underwood distribution center

Hines acquires Underwood distribution center

Hines has acquired the Underwood Distribution Center, a Class A industrial park located in the heart of the Southeast submarket near the Port of Houston in LaPorte, Texas, from BlackRock. Financials on the deal were not disclosed. The project consists of a five-building logistics park and 2.2 million square feet, plus three d...
Monday, 3. April 2017
Union Investment sells offfice building in Tokyo

Union Investment sells offfice building in Tokyo

Union Investment has sold the 17,600 sq m Shiomi Koyama office building in eastern metropolitan Tokyo to Shimizu Corporation, a Japanese construction group. Constructed in 1995 and located in the Kōtō district, the building is fully let to financial services provider Daiko Clearing Services, and has been held for close to ten...
Friday, 31. March 2017

INREV CEO to step down

INREV has announced that its CEO, Matthias Thomas, will be leaving the association in the autumn. Thomas, joined INREV as CEO in August 2010, and since then has continued to expand the association’s remit, introducing several key new initiatives, including focused public affairs; a global research agenda; and an expansion of ...
Tuesday, 28. March 2017
Union Investment taps into further destinations in the US hotel market

Union Investment taps into further destinations in the US hotel market

Union Investment has acquired the Hilton Garden Inn hotel in downtown Seattle, which opened in 2015, for approx. €82.84 million (USD 90 million). The property is located at 1821 Boren Avenue and is the company’s first hotel acquisition on the West Coast of the US. The Hamburg-based real estate investment manager has already a...
Monday, 27. March 2017

AXA IM completes acquisition of The Beacon at Waugh Chapel

AXA Investment Managers - Real Assets has completed, on behalf of one of its clients, the acquisition of The Beacon at Waugh Chapel, a multifamily property located between Washington DC and Baltimore in the USA. AXA IM - Real Assets has acquired, on behalf of one of its clients, an approximate 95% stake in the property, along...
Friday, 24. March 2017

Orion completes final closing of Fund V at €1.5billion

Orion Capital Managers has completed the capital raising for its Orion European Real Estate Fund V, with the fund being oversubscribed resulting in a total of €1.5 billion of investor equity commitments. Orion again enjoyed the support of many long term investors with the initial Fund V closing in late December 2016 and the f...
Thursday, 23. March 2017

Fess Wofse appointed as new CFO for Thor Equities

Thor Equities has appointed Fess Wofse as Chief Financial Officer. Wofse will be responsible for all global finance operations at Thor Equities including managing and reporting on the performance of the company and its investments, as well as overseeing Thor’s accounting and risk management departments.
Wednesday, 22. March 2017

The Supervisory Board of Unibail-Rodamco will elect its new Chairman

Due to the successive mandates as a member of the Supervisory Board, Rob ter Haar will cease his responsibilities as Chairman and member of the Supervisory Board of Unibail-Rodamco at the General Meeting of April 25, 2017. A Dutch national, Ter Haar has been a member of the Supervisory Board of Unibail-Rodamco since 2007, a...
Friday, 17. March 2017

MSCI reassesses the Solvency Capital Requirement

MSCI published an update of its 2011 study aimed at reassessing the Solvency Capital Requirement (SCR) adopted by the European Insurance and Occupational Pension Authority (EIOPA) in 2010 for real estate investment portfolios held by European insurance companies. The updated study confirms the original finding that the curren...
Wednesday, 15. March 2017

Performance of Pan-European Property Funds Moderates in 2016

MSCI Inc. announced that Pan-Europe property funds delivered a net fund return of 2.3% in the last quarter of 2016, as indicated in the IPD Pan-Europe Quarterly Property Fund Index. This records performance for the 12 months to December 2016 at 4.7%, slowing down from 5.3% in September 2016 and 10.4% in December 2015. Despite...
Tuesday, 14. March 2017

Debt fund Deka Realkredit Klassik acquires finance for office building in Los Angeles

The Deka Realkredit Klassik debt fund has acquired a senior USD 20 million tranche of a commercial real estate loan from DekaBank. This tranche is part of an overall financing package of USD 94 million (€88.30 Million), which DekaBank has granted for the purchase of the Class A office property 915 Wilshire in Los Angeles to a...
Tuesday, 14. March 2017

AXA IM - Real Assets completes record €13.6 billion of 2016 transactions

AXA Investment Managers - Real Assets completed a record high in 2016 with €13.6 billion of global equity and debt transactions on behalf of its clients, and that it expects similar transaction levels in 2017. Acquisition activity in 2017 is set to include further investment in student and retirement accommodation, data centr...
Tuesday, 14. March 2017