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AllianceBernstein Real Estate Group and Centerboard acquire temporary lodging accommodations assets of Signor Group Wed, 22/10/2014 - 14:00

AllianceBernstein Real Estate Group (AB RE Group) and Centerboard Group have acquired a majority interest in a new company which owns all of the temporary lodging accommodations assets of Signor Group.

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Canada flag

Allied Properties REIT vice president and chief financial officer to leave

Peter E Sweeney, vice president and chief financial officer of Allied Properties Real Estate Investment Trust, is leaving to pursue a career opportunity with another Canadian REIT. »


Gold stars

Nuveen Real Asset Income Fund gets five-star Morningstar rating

Nuveen Investments’ Nuveen Real Asset Income Fund has received a five-star Overall Morningstar Rating across the A Load Waived and I share classes as well as a four-star rating for its A share class. »


Ireland flag

Alter Domus appoints James McEvoy as country executive Ireland

Alter Domus, a European provider of fund and corporate services, has appointed James McEvoy as country executive Ireland. »


Real estate

Real estate is a favoured asset class, says IPD Global Intel

Rising capital flows and strong performance across most markets have again made real estate a favoured asset class, according to MSCI’s new IPD Global Intel product. »


Warehouse

Growth of e-tailing driving speculative warehouse development in the Midlands and the South East, says DTZ

The number of deals for large storage and distribution facilities of above 100,000 square feet increased to a record 35 in H1 2014, up from 32 deals in H2 2013, according to research from commercial property advisor DTZ. »


Two fingers

Harworth makes two appointments

Harworth Estates, the UK property regeneration company, has made two more appointments to support its growing business. »


British pounds

Kames Capital secures GBP3.2m property for UK Active Value Property fund

Kames Capital has completed the GBP3.2 million purchase of eight industrial units for its UK Active Value Property fund. »


Washington REIT's new headquarters

Washington Real Estate Investment Trust to relocate corporate headquarters to Washington DC

Washington Real Estate Investment Trust plans to relocate its corporate headquarters from Rockville, Maryland to Washington, DC.   »


Thumbs up

East Capital acquires Metro Plaza office centre in Tallinn

East Capital Baltic Property Fund II, managed by East Capital, has acquired the Metro Plaza office building in Tallinn, Estonia. »


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