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Real estate fund BlackRock and Deutsche Bank’s RREEF division merge property funds

Wed, 19 Dec 2012, 06:20

BlackRock will merge its flagship core UK property fund, the BlackRock UK Property Fund (BUKPF), with the RREEF UK retail, office and industrial property funds following the completion of a scheme of amalgamation on 14 December and a favourable RREEF unit holder vote. »

House IFAs expect rise in UK residential property investments in 2013, says Castle Trust

Tue, 18 Dec 2012, 14:46

More than a third (34 per cent) of UK financial advisers are expecting increased interest in UK residential property investment next year, research by housing investment and shared equity mortgage provider Castle Trust shows. »

Ship M&G European Property Fund looks to Sweden for latest acquisition

Wed, 19 Dec 2012, 06:32

The M&G European Property Fund has completed the SEK224m (EUR25.6m) acquisition of a logistics facility from NCC Property Development at the Port of Gothenburg in Sweden. »

The Parkway, Bury St Edmunds LaSalle completes purchase of The Parkway, Bury St Edmunds

Tue, 18 Dec 2012, 16:22

LaSalle Investment Management has bought, on behalf of a client, the long leasehold of the town centre retail scheme The Parkway, Bury St Edmunds. »

Spanish flag PointPark Properties’ Spanish logistics occupancy rate jumps to over 90 per cent

Tue, 18 Dec 2012, 13:30

The overall occupancy rate for the Spanish logistics assets of pan-European real estate asset manager and developer of warehouse properties PointPark Properties (P3) has jumped to just over 90 per cent. »
Larry Clark, president of Aragon Holdings Aragon deploys PE funds to purchase USD100m apartment portfolio

Tue, 18 Dec 2012, 12:20

Aragon Holdings has expanded into two new markets with the acquisition of three properties in Atlanta and Denver, deploying approximately half of the USD52m it raised in its recently-closed private equity fund, Aragon Multi-Family Cash Flow Fund II. »

John Lien, managing director at DLJ RECP DLJ Real Estate and Sino-Ocean Land launch Shenzhen residential development

Tue, 18 Dec 2012, 10:26

DLJ Real Estate Capital Partners has launched Sino Ocean Express, a residential development project located in the Longgang District of Shenzhen, China. »

Silver Spring Plaza Social & Scientific renews lease at Washington Property Company’s Silver Spring Plaza

Tue, 18 Dec 2012, 10:01

Social & Scientific Systems has renewed its long-term lease at Washington Property Company’s (WPC) Silver Spring Plaza, a multi-tenant building at 8757 Georgia Avenue in Silver Spring, Maryland. »

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People moves

Jean Lamothe, head of value investments EMEA, CBRE Global Investors CBRE Global Investors appoints Jean Lamothe as head of value investments EMEA

Wed, 12/06/2013 - 12:11

CBRE Global Investors, the real estate investment firm, has appointed Jean Lamothe as head of value add investments EMEA.

Handshake PREI adds Michael Gallagher as portfolio manager on REITs strategies

Tue, 11/06/2013 - 12:08

Prudential Real Estate Investors has added Michael Gallagher as a director and portfolio manager to its global real estate securities team.

Property fund Aberdeen appoints Ville Raitio as director, property fund management in Finland

Mon, 10/06/2013 - 12:11

Aberdeen Asset Management has strengthened its property investment management team by appointing Ville Raitio as director, fund management. 

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