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Deals and Transactions

deals and transactions
Institutional investors finding new home as landlords

Institutional investors finding new home as landlords

Wed, 26/08/2015 - 14:26

Institutional investors dominated the private rented sector until the introduction of rent controls in the 1970s. But now pension funds and insurers are returning to the private rental sector by increasingly building portfolios of Build to Rent homes to meet their future liabilities as traditional investments such as sovereign bonds continue to offer low yields.  »

TIAA-CREF, AP1 & AP2 create strategic JV to invests in European office properties

TIAA-CREF, AP1 & AP2 create strategic JV to invests in European office properties

Wed, 26/08/2015 - 14:03

TIAA-CREF and the Swedish National Pension Funds AP1 and AP2 have agreed to combine forces in a new joint venture to create a pan-European office investment platform.  »

Formation of Windmill Lane Joint Venture

Formation of Windmill Lane Joint Venture

Mon, 24/08/2015 - 14:22

Hibernia REIT has formed a 50:50 joint venture, the Windmill Lane Partnership (WLP), with an affiliate of Starwood Capital Group Global, to own and develop the Windmill Lane site in Dublin’s South Docks. »

Hightower receives backing from strategic investors

Hightower receives backing from strategic investors

Fri, 21/08/2015 - 09:21

Hightower has secured several new strategic investors, including Newmark Grubb Knight Frank Corp; Barry Sternlicht, CEO of Starwood Capital; Bill Rudin, CEO of Rudin Management Company; and returning investor Aaron Levie, CEO of Box. »

Iceni secures consent for Camden site

Iceni secures consent for Camden site

Wed, 19/08/2015 - 14:31

Planning consultancy, Iceni Projects (Iceni) has obtained planning permission for a serviced apartment scheme on the Hatton Garden Conservation Area, Camden. »

Rainer Nonnengässer, MPC Capital

MPC Capital to develop 387 micro-living apartments in Kaiserslautern, Germany

Mon, 17/08/2015 - 14:27

MPC Capital, a Hamburg-based asset and investment manager, is planning to build nearly 400 micro-living apartments in Kaiserslautern in keeping with its current expansion strategy. »

M&G provides GBP140m financing for Liberty Shopping Centre

M&G provides GBP140m financing for Liberty Shopping Centre

Mon, 17/08/2015 - 14:25

M&G Investments (M&G) has completed a deal to provide GBP140 million of financing for The Liberty Shopping Centre in Romford, Essex. »

M&G Real Estate and intu fully let Arndale House in Manchester

M&G Real Estate and intu fully let Arndale House in Manchester

Fri, 07/08/2015 - 12:44

CFS Management Services and CIS General Insurance, both wholly owned subsidiaries of The Co-operative Group, have taken the last available office space at Arndale House in Manchester. »

New GBP200m leisure fund completes first three transactions

New GBP200m leisure fund completes first three transactions

Fri, 07/08/2015 - 12:33

Otium Real Estate has completed its first three transactions from its GBP200 million fund –Otium Leisure Ventures.  »

Third Chinese-backed site for Birmingham developer

Third Chinese-backed site for Birmingham developer

Tue, 04/08/2015 - 14:15

Property developer Court Collaboration has purchased a prime city-centre development site on Legge Lane in Birmingham’s Jewellery Quarter, with the backing of Far Eastern investors. »

EMEA syndicated real estate finance loan volumes for H1 2015 highest since H1 2008, says Dealogic

EMEA syndicated real estate finance loan volumes for H1 2015 highest since H1 2008, says Dealogic

Tue, 04/08/2015 - 07:42

The volume of EMEA syndicated real estate finance loans totalled EUR27.6 billion (75 deals) in H1 2015 – the highest first half volume since 2008, which had seen EUR23.8 billion (89 deals) – according to the second post-crisis set of league tables for syndicated commercial real estate (CRE) lending across EMEA, released by Dealogic.  »

LREC finances XXL real estate deal

LREC finances XXL real estate deal

Fri, 31/07/2015 - 13:18

Brunswick Real Estate has provided Pilängen Logistik AB, a company established by Pareto Securities AB, with senior financing via its debt financing arm Leimdörfer Real Estate Capital (LREC). »

Harworth secures consent for 375 homes in Doncaster

Harworth secures consent for 375 homes in Doncaster

Thu, 30/07/2015 - 07:17

Harworth Estates, the UK property regeneration company, has received outline planning consent for a development of up to 375 houses in the village of Edlington,  south west of Doncaster, South Yorkshire. »

Scarborough Muir Group gets green light for Aldi foodstore in Fife

Scarborough Muir Group gets green light for Aldi foodstore in Fife

Wed, 29/07/2015 - 13:50

Scarborough Muir Group Limited (SMG), a joint venture between Scarborough Group International and Muir Group, has received outline planning consent from Fife council to develop its four acre commercial development site in Dalgety Bay, Fife. »

Raiffeisen Bank International and Mariner Investment Group complete synthetic risk transfer of commercial real estate assets

Raiffeisen Bank International and Mariner Investment Group complete synthetic risk transfer of commercial real estate assets

Wed, 29/07/2015 - 09:21

Raiffeisen Bank International (RBI) and Mariner Investment Group (Mariner) have signed an synthetic risk transfer transaction related to a EUR705 million loan portfolio composed predominately of seasoned commercial real estate loans and select corporate loans located in Austria and Germany. »

National Asset Services assumes management of Cincinnati office property

National Asset Services assumes management of Cincinnati office property

Wed, 29/07/2015 - 09:19

National Asset Services (NAS) has assumed asset management responsibilities for One Northlake Place (pictured), a Class-A, 177,000-square-foot office property located in North Cincinnati.  »

Galliard Homes agrees GBP125m deal with Lulu Group to create 5-star hotel at Great Scotland Yard

Galliard Homes agrees GBP125m deal with Lulu Group to create 5-star hotel at Great Scotland Yard

Mon, 27/07/2015 - 07:30

Galliard Homes has made an GBP110 million agreement with Abu Dhabi based retail, hospitality and property conglomerate Lulu Group International to create a bespoke 92,000 sq ft 5-star hotel within a magnificent refurbished Edwardian building at 1- 5 Great Scotland Yard.  »

Strutt & Parker teams up with Bayhead Advisers for new real estate finance service

Strutt & Parker teams up with Bayhead Advisers for new real estate finance service

Fri, 24/07/2015 - 14:06

Strutt & Parker has formed an alliance with Bayhead Advisers, an independent real estate capital advisory firm, to provide high-quality, combined real estate and financing advice to investors. »

SL Green signs Adidas to retail lease at 115 Spring Street in Manhattan

SL Green signs Adidas to retail lease at 115 Spring Street in Manhattan

Thu, 23/07/2015 - 07:48

SL Green Realty Corp has agreed a 10-year lease with Adidas at 115 Spring Street, a prime location in one of Manhattan’s strongest retail areas. The two-level 5,218 square foot space will be the new home of the sportswear company’s Originals boutique. »

Deutsche AWM disposes of three logistics assets

Deutsche AWM disposes of three logistics assets

Wed, 22/07/2015 - 07:51

Deutsche Asset & Wealth Management (Deutsche AWM) has disposed of three assets in Belvedere, Newcastle-under-Lyme and Coventry as it capitalises on a strong UK distribution sector. »

SEB Asset Management signs two leases for Frankfurt’s Westhafen Pier office complex

SEB Asset Management signs two leases for Frankfurt’s Westhafen Pier office complex

Tue, 21/07/2015 - 13:00

SEB Asset Management has gained two new tenants for the office complex at Rotfeder-Ring 1–13 in Frankfurt’s Westhafen district – innovation and technology consultants BTEXX Consulting and sports marketing company Infront Germany. »

Relaxing planning may boost house-building for short term wins, says The Land Trust

Relaxing planning may boost house-building for short term wins, says The Land Trust

Tue, 21/07/2015 - 11:25

The Land Trust welcomes the recent Government's announcement to speed up appropriate development, but is concerned that by relaxing the planning process on brownfield land, it removes the crucial decision making process to ensure that the use of land is appropriately balanced. »

Euros

ING finances Spanish warehouse portfolio for Axiare Patrimonio Socimi

Fri, 17/07/2015 - 13:52

ING Real Estate Finance has provided a bilateral seven-year, EUR 37.3 million term loan to Axiare Patrimonio Socimi SA at an LTV of 55 per cent. »

announcement

Court Collaboration secures second Sutton Coldfield site

Thu, 16/07/2015 - 13:02

Property developer Court Collaboration has completed a deal to purchase 10 Digby Road, a site in the heart of Sutton Coldfield, which is to be transformed into seven high-end apartments in a project worth GBP4 million. »

Colonial Madrid

Colonial acquires central Madrid property

Thu, 16/07/2015 - 09:07

Colonial has closed a deal to purchase an office building in Príncipe de Vergara, 112, Madrid. »

Thomas Landschreiber

CORESTATE Capital develops 1,350 apartments in Vienna in a JV with Soravia Group[

Tue, 14/07/2015 - 14:30

CORESTATE Capital is teaming up with Soravia Group to develop four high-rises in Vienna for a total project volume of EUR 432 million. One of the buildings, 150 metres tall, will be the highest tower block in the German-speaking countries. »

Andrew Mathias

SL Green sells Tower 45 and forms SoHo JV with Invesco RE

Tue, 14/07/2015 - 07:38

SL Green Realty Corp. (NYSE:SLG), an S&P 500 company and New York City's largest commercial property owner, has announced two transactions with an aggregate value of USD642.8 million. »

Lim Ming Yan

CapitaLand to scale up with target of six new funds

Mon, 13/07/2015 - 13:48

CapitaLand Limited’s wholly owned serviced residence business unit, The Ascott Limited (Ascott), has entered into a 50:50 joint venture with Qatar Investment Authority (QIA) to set up a USD600 million (SGD809 million) serviced residence fund with an initial focus on the Asia Pacific and Europe regions.  »

Kevin Nowlan

Early lease surrender in Guild House, IFSC

Wed, 08/07/2015 - 14:09

Hibernia REIT has agreed terms with FBD Holdings (FBD) for the early surrender of FBD’s leasehold interest in Guild House, IFSC, for a cash payment to Hibernia of EUR8.8 million. »

document signing

Sovereign Land secures four lettings at Willow Pace & Corby Town Shopping

Tue, 07/07/2015 - 10:35

Sovereign Land has signed leasing agreements with four new retail and food and beverage operators at the Willow Place & Corby Town Shopping in Northamptonshire.  »

features
Article
Locked door

Cybersecurity issues have existed as long as the internet. What seems to have changed in the last 18 months is not only that the nature of the breaches has become more sophisticated, but also the fact that hedge funds have become a much bigger target.  ... »

Article
up arrow

Private equity fundraising through the first quarter is examined in this extract from the Preqin Quarterly Update: Private Equity, Q1 2015. ... »

Special report
How to Access Europe using third party AIFMs

Read how managers seeking to distribute in Europe can appoint a third party AIFM (or ManCo), and the fund distribution benefits this can bring, both for new fund launches and redomiciled funds... »

Article
Ken MacCuish, Intralinks

A couple of years ago, the title Chief Information Security Officer, or CISO for short, was a foreign concept within the hedge fund community. The winds have changed, however, as hedge funds become increasingly targeted by cyber hackers, causing many to hire a CISO to uphold the network integrity of the firm.  ... »

latestjobs
Investment Banking VP (Financial Sponsors)

Fri, 28 Aug 2015 00:00:00 GMT

Investment Banking Restructuring Analyst/Associate

Fri, 28 Aug 2015 00:00:00 GMT

Investment Banking Associate (Specialty Finance)

Fri, 28 Aug 2015 00:00:00 GMT

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