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» Chronological View: " Luxembourg " «

Corestate doubles net profit and revenues in the first half of 2018

Corestate Capital Holding S.A. achieved significant organic growth in the first six months of the year and increased its Assets under Management in its real estate core business by about €900 million. In the first six months of the year, Corestate generated aggregated revenues of €125.8 million; a year ago, that figure was €4...
Tuesday, 14. August 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

AM Alpha acquires Amazons European HQ

AM Alpha is pushing ahead with its investments in the Benelux region. The family office has completed in a share deal the acquisition of 3a-5, Rue Plaetis in Luxemburg, a grade A office building in the heart of the Luxemburg City. The “Elementae” office building has been purchased from the Athene Lebensversicherung AG. „Parti...
Wednesday, 4. July 2018

Real I.S. launches BGV VIII Europa fund

Real I.S. is launching the company’s new real estate special AIF, Real I.S. BGV VIII Europe. With the new fund, the company is thus continuing its successful series of Bayerische Grundvermögen (BGV) funds. The initial target volume of the diversified special AIF is around one billion euros. The fund will focus on investments ...
Tuesday, 12. June 2018

RFR receives licence for own fund manager

The RFR group based in New York and Frankfurt has successfully obtained the license as Alternative Investment Fund Manager (AIFM) for its affiliated Luxembourg company RFR Lux Fund Management S.à r.l. from the Luxembourg financial sector supervisory body Commission de Surveillance du Secteur Financier (CSSF).
Tuesday, 22. May 2018

Corestate increased aggregate revenues to €61.9m

Corestate Capital Holding S.A. posted a strong first quarter of 2018 following its dynamic performance in 2017. For the first three months, aggregate revenues totalled €61.9m, adjusted EBITDA was €38.8m and adjusted net profit was €34.7m. Assets under management were approximately €22bn at the end of March.
Tuesday, 15. May 2018

Corestate doubles distribution per share doubled to €2.00

The shareholders of Corestate Capital Holding S.A. have approved all agenda items with strong majorities at the Annual General Meeting (AGM) on 27th April. Amongst the resolutions of the AGM was the distribution of €2.00 per share (previous year: €1.00). The total distribution volume corresponds to €42,588,246. Referred to th...
Wednesday, 2. May 2018

NordEstate gets approval for residential special funds

NordEstate has received the approval for its second residential property special fund, called NordEstate German Residential 2, by the Luxembourg supervisory authority CSSF. The real estate fund, designed as FCP-RAIF, pursues a Core Plus strategy and is aiming for professional investors with a minimum subscription amount of € ...
Wednesday, 25. April 2018

Corestate issues €300m corporate bond

Corestate Capital Holding S.A. has issued a corporate bond with a volume of €300m. Fully placed with institutional investors, the bond has a maturity of five years and an annual coupon of 3.5%. The proceeds of the issue will be used to refinance existing loans at better rates as well as for the continuation of the growth st...
Tuesday, 3. April 2018

Aroundtown announces increased portfolio and revaluation update

Aroundtown SA has increased the size of its commercial portfolio through acquisitions and revaluations to an expected €10.1 billion as of April 2018. Since September 2017, the commercial portfolio has grown from €8.4 billion through €1.4 billion of acquisitions and signed transactions. Additionally, over €300 million in expec...
Friday, 9. March 2018

Leasinvest realizes three new lease agreements

End 2017 Leasinvest Real Estate realized the further extension of an indirect investment in the Grand Duchy of Luxembourg and leased 100% of the Mercator building in Luxembourg and 25% of the office building under construction Treesquare in Brussels. The extension of the Frun Retail Park Asten in Austria that will soon be del...
Monday, 29. January 2018

Corestate completes the HFS acquisition by early refinancing

Corestate Capital Holding S.A., based in Luxembourg, has completed the full repayment of an HFS acquisition loan (Compartment Thalos IX from Thalos Investment Platform S.A.) with a total nominal amount of €150m. The loan formed part of the acquisition financing for Helvetic Financial Services AG (HFS) in July 2017. After the ...
Friday, 12. January 2018

Reinoud Plantenga to head Warburg-HIH Invest Benelux company

Reinoud J. Plantenga (MRICS) will be joining Warburg-HIH Invest Real Estate (Warburg-HIH Invest) as of the beginning of the year. The 45 year-old real estate expert will be a Managing Director of the fully-owned subsidiary for investments in the Benelux countries.
Monday, 8. January 2018

M&G Real Estate appoints Audrey Tournereau as new director of asset management

M&G Real Estate has appointed Audrey Tournereau to manage assets across France, Belgium and Luxemburg. Tournereau will support the investment ambitions and expansion of the business in this key European region and will report to Marc Reijnen, Head of Continental European Asset Management.
Wednesday, 13. December 2017