Germany flag
AXA Real Estate completes EUR50m acquisition of Park Kolonnaden in Berlin Mon, 28/07/2014 - 16:01

The AXA real estate team of AXA Investment Managers Deutschland has completed the acquisition of Park Kolonnaden, a mixed-use building in Berlin, from a subsidiary of HVB Immobilien for EUR50 million.

French flag

Valad European Diversified Fund doubles-up to EUR1bn and expands into France

Valad Europe has doubled the total fund capacity of its Valad European Diversified Fund (VEDF) to EUR1 billion by securing a further EUR190 million of new equity from existing investors. »


Turner & Townsend boosts global turnover to GBP375m

Global programme management and construction consultancy Turner & Townsend has increased its turnover by 12 per cent to GBP357.4m in the year ended 30 April 2014.


Four fingers

Harworth Estates makes four appointments

Harworth Estates, the UK property regeneration company, has made four appointments. »


Braemar Estates strengthens business development team

Property manager Braemar Estates has appointed Diana Turner as business development manager, based out of the company’s head office in Hale, Cheshire. »

Fiona Le Poidevin

Guernsey Finance chief quits to head up CISE

Fiona Le Poidevin has resigned as chief executive of Guernsey Finance, the promotional agency for the island’s finance industry internationally, to head up the Channel Islands Securities Exchange (CISE). »

New York

Madison Realty Capital buys Manhattan mixed-use property for USD40.2m

Madison Realty Capital (MRC) has purchased 361 East 50th, a six-storey mixed-use elevator building located in the Midtown East section of Manhattan. »

Thumbs up

Helical Bar reports ‘excellent’ start to current financial year

Helical Bar has had ‘an excellent start’ to the current financial year, with a series of successful sales and acquisitions, as well as an oversubscribed convertible bond issue, according to chief executive Michael Slade. »

Grocery bag

Slate Retail REIT acquires North Summit Square shopping centre

Slate Retail REIT has completed the acquisition of a grocery-anchored shopping centre located in Winston-Salem, North Carolina. »

Canadian dollars

InterRent makes CAD24m acquisition in Hamilton, Ontario

InterRent Real Estate Investment Trust has bought a property in Hamilton, Ontario for a combined purchase price of CAD24,095,500. »

Comment & Opinion

UK economy isn’t as strong as it looks
Union flag
Sun, 27/07/2014 - 09:03

The UK economy isn’t as strong as it...

SA stock market liberalisation is ‘welcome news’
Wed, 23/07/2014 - 12:35

Ghadir Abu Leil Cooper, Head of EMEA and...

AIFMD will bring ‘greater stability’
Mon, 21/07/2014 - 14:54

Arnaud Claudon, head of depositary banking,...

Funds Performance

last 3 mths Net assets
Aberdeen UK Active Property 15.36% £12,501,925
Degroof Real Estate I Acc 13.38% €31,040,000
Degroof Real Estate I Inc 13.38% €31,040,000

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