News

High vacancy rates loom as Warsaw office market nears maturity – C&W

The Warsaw office market is nearing maturity after a decade of rapid growth, but high vacancy rates have emerged after


Atrium’s 1H profit slightly down on lower portfolio revaluation

Central and eastern European shopping centre group Atrium European Real Estate said profit after tax declined 0.3% to €61.3m during

Deutsche AM arranges €45m mezzanine loan for Ares’ French retail buy

Deutsche Asset Management, part of Deutsche Bank, has provided a €45m mezzanine facility to US alternative asset manager Ares Management



Corestate confirms full-year net profit forecast after higher revenues in 1H

Frankfurt-listed property investment group Corestate Capital confirmed its full-year net profit guidance of €85m-€90m, having reported higher aggregate revenues in


UK’s CLS says 1H profit jumps 236% amid disposals, higher asset values

UK-listed CLS Holdings' profit after tax more than tripled to £100m during the first half of 2017, up from £29.7m


Deutsche EuroShop says 1H FFO up 13% on acquisitions, low interest rates

German retail property group Deutsche EuroShop said funds from operations rose almost 13% to €70.9m in the first half of


Intu secures £488m refinancing for Merry Hill mall

US bank Wells Fargo, French bank BNP Paribas and two other lenders have provided a £488m loan to UK shopping


Italy’s Generali purchases office project in Frankfurt

Generali Real Estate, the property arm of the Italian insurer, has bought an office development in Frankfurt's Westend area, from


Germany’s WCM says FFO rise 38% in 1H17 after acquisitions

German commercial real estate investor WCM, which is merging with larger listed peer TLG Immobilien, said funds from operations rose


Warburg-HIH acquires retail centre in Germany’s Aachen

Hamburg-based property fund manager Warburg-HIH Invest Real Estate has bought a retail centre in the German city of Aachen, near


Hines acquires Munich shopping centre

US real estate firm Hines has acquired a shopping centre in northern Munich, in the German state of Bavaria, with


Turkey’s Intus Capital raises €101m for resi, student housing JV

Turkish real estate private-equity manager Intus Capital has raised $120m (€101.7m) for a joint venture that will invest in Turkey's


Standard Life Aberdeen completes merger

Scottish-based investment managers Standard Life Investments and Aberdeen Asset Management have completed their merger, forming Standard Life Aberdeen and creating




German pbb expects 2017 profit at upper end of guidance; shares jump

German property financier pbb Deutsche Pfandbriefbank predicts its full-year pre-tax profit to be at the upper end or slightly above


Patrizia snaps up mixed-use building in Frankfurt

German-listed property firm Patrizia Immobilien has acquired a 26,600 sq.m. mixed-use property in Sachsenhausen, one of Frankfurt’s popular district, as


NewRiver REIT arranges £430m debt refinancing

The UK's third-largest shopping centre owner NewRiver REIT has secured £430m of unsecured debt facilities, marking a "significant milestone" for


Unibail launches €750m share buyback programme

Europe’s largest listed commercial property company Unibail-Rodamco has launched a share buyback programme for an aggregate amount of up to


Private-equity property deals grow in Europe post-Brexit – Preqin

Private-equity real estate deals have slowed in the UK since the country voted to leave the European Union and it