Property Funds World - Daily News http://www.propertyfundsworld.com/ en Versus Capital Multi-Manager Real Estate Income Fund passes USD500m in assets http://www.propertyfundsworld.com/2016/02/12/236506/versus-capital-multi-manager-real-estate-income-fund-passes-usd500m-assets <p><em><strong>Versus Capital Advisors&rsquo; Versus Capital Multi-Manager Real Estate Income Fund, having recently reached USD500 million in assets, registered an additional USD1.25 billion in shares as of 2 February, 2016.</strong></em></p> <p><a href="http://www.propertyfundsworld.com/2016/02/12/236506/versus-capital-multi-manager-real-estate-income-fund-passes-usd500m-assets" target="_blank">read more</a></p> Funds Fri, 12 Feb 2016 15:42:44 +0000 Leah.Cunningham 236506 at http://www.propertyfundsworld.com La Francaise acquires serviced student residence in Paris http://www.propertyfundsworld.com/2016/02/12/236492/la-francaise-acquires-serviced-student-residence-paris <p><strong><em>La Fran&ccedil;aise Real Estate Partners has finalised the acquisition of a serviced student residence development. The project, which comprises 282 student rooms and 800 sq m of retail space, has been purchased from Demathieu Bard Immobilier, R&eacute;side Etudes and Coffim, the project developers.</em></strong></p> <p><a href="http://www.propertyfundsworld.com/2016/02/12/236492/la-francaise-acquires-serviced-student-residence-paris" target="_blank">read more</a></p> Acquisitions Fri, 12 Feb 2016 09:45:24 +0000 Leah.Cunningham 236492 at http://www.propertyfundsworld.com Target Healthcare REIT acquires specialist care home in St Albans http://www.propertyfundsworld.com/2016/02/12/236487/target-healthcare-reit-acquires-specialist-care-home-st-albans <p><strong><em>Target Healthcare REIT Limited and its subsidiaries,the only listed specialist investor in UK care homes, has exchanged contracts to acquire a 12-bed specialist care home in Bricket Wood, St Albans for approximately GBP2.3 million including acquisition costs.</em></strong></p> <p><a href="http://www.propertyfundsworld.com/2016/02/12/236487/target-healthcare-reit-acquires-specialist-care-home-st-albans" target="_blank">read more</a></p> Acquisitions Fri, 12 Feb 2016 09:39:14 +0000 Leah.Cunningham 236487 at http://www.propertyfundsworld.com New Mountain Capital hires Teddy Kaplan to lead net lease real estate business http://www.propertyfundsworld.com/2016/02/12/236486/new-mountain-capital-hires-teddy-kaplan-lead-net-lease-real-estate-business <p><strong><em>New Mountain Capital has appointed Teddy Kaplan as a Managing Director, to head the firm&rsquo;s efforts to add net lease real estate to the its existing range of credit and yield offerings.</em></strong></p> <p><a href="http://www.propertyfundsworld.com/2016/02/12/236486/new-mountain-capital-hires-teddy-kaplan-lead-net-lease-real-estate-business" target="_blank">read more</a></p> Moves & Appointments Fri, 12 Feb 2016 09:38:17 +0000 Leah.Cunningham 236486 at http://www.propertyfundsworld.com Augusta Funds Management strengthens investment management with Yardi solutions http://www.propertyfundsworld.com/2016/02/12/236485/augusta-funds-management-strengthens-investment-management-yardi-solutions <p><strong><em>Commercial property fund manager and syndicator Augusta Funds Management Limited will adopt the Yardi Investment Suite to improve visibility for its investors and enhance investor relations.</em></strong></p> <p><a href="http://www.propertyfundsworld.com/2016/02/12/236485/augusta-funds-management-strengthens-investment-management-yardi-solutions" target="_blank">read more</a></p> Investments Fri, 12 Feb 2016 09:37:25 +0000 Leah.Cunningham 236485 at http://www.propertyfundsworld.com Valad Europe leases 5,600 sq m of offices to Jobcenter Düsseldorf at Hafenpforte http://www.propertyfundsworld.com/2016/02/11/236470/valad-europe-leases-5600-sq-m-offices-jobcenter-d%C3%BCsseldorf-hafenpforte <p><strong><em>Valad Europe has let 5,600 sq m of office space to the Jobcenter D&uuml;sseldorf at Hafenpforte, Reisholzer Werfstra&szlig;e 38-42 in D&uuml;sseldorf. The asset forms part of its V+ Germany portfolio.</em></strong></p> <p><a href="http://www.propertyfundsworld.com/2016/02/11/236470/valad-europe-leases-5600-sq-m-offices-jobcenter-d%C3%BCsseldorf-hafenpforte" target="_blank">read more</a></p> Lettings & Sales Thu, 11 Feb 2016 16:42:09 +0000 Leah.Cunningham 236470 at http://www.propertyfundsworld.com Workspace sells industrial portfolio http://www.propertyfundsworld.com/2016/02/11/236442/workspace-sells-industrial-portfolio <p><em><strong>Workspace Group PLC (Workspace), home to new and growing companies across London, has exchanged contracts one the sale of five light industrial buildings fora combined GBP64 million.</strong></em></p> <p><a href="http://www.propertyfundsworld.com/2016/02/11/236442/workspace-sells-industrial-portfolio" target="_blank">read more</a></p> Lettings & Sales Thu, 11 Feb 2016 09:16:25 +0000 Leah.Cunningham 236442 at http://www.propertyfundsworld.com Institute for Real Estate Operating Companies to facilitate relationships with institutional investors http://www.propertyfundsworld.com/2016/02/11/236441/institute-real-estate-operating-companies-facilitate-relationships-institutional-i <p><strong><em>Institutional Real Estate has partnered with LongRun Advisers to launch the Institute for Real Estate Operating Companies (iREOC), which will offer a multi-faceted platform to facilitate relationships between institutional capital providers and operating companies.</em></strong></p> <p><a href="http://www.propertyfundsworld.com/2016/02/11/236441/institute-real-estate-operating-companies-facilitate-relationships-institutional-i" target="_blank">read more</a></p> Launches & Fundraising Thu, 11 Feb 2016 09:14:05 +0000 Leah.Cunningham 236441 at http://www.propertyfundsworld.com Phillips Edison Grocery Center REIT II makes acquisitions in Massachusetts and South Carolina http://www.propertyfundsworld.com/2016/02/11/236440/phillips-edison-grocery-center-reit-ii-makes-acquisitions-massachusetts-and-south- <p><strong><em>Phillips Edison Grocery Center REIT II has strengthened its portfolio and presence in Massachusetts and South Carolina with two strategic acquisitions collectively comprising 146,472 square feet of prime retail space.</em></strong></p> <p><a href="http://www.propertyfundsworld.com/2016/02/11/236440/phillips-edison-grocery-center-reit-ii-makes-acquisitions-massachusetts-and-south-" target="_blank">read more</a></p> Acquisitions Thu, 11 Feb 2016 09:13:10 +0000 Leah.Cunningham 236440 at http://www.propertyfundsworld.com East coast credit fund to invest USD250m across Patch of Land real estate platform http://www.propertyfundsworld.com/2016/02/11/236439/east-coast-credit-fund-invest-usd250m-across-patch-land-real-estate-platform <p><strong><em>An East coast credit fund has signed an agreement to purchase loans from Patch of Land, an online marketplace lender for real estate, in a forward flow arrangement.</em></strong></p> <p><a href="http://www.propertyfundsworld.com/2016/02/11/236439/east-coast-credit-fund-invest-usd250m-across-patch-land-real-estate-platform" target="_blank">read more</a></p> Investments Thu, 11 Feb 2016 09:12:19 +0000 Leah.Cunningham 236439 at http://www.propertyfundsworld.com ING Real Estate Finance grants EUR280 million syndicated loan to Torre Espacio Castellana http://www.propertyfundsworld.com/2016/02/11/236438/ing-real-estate-finance-grants-eur280-million-syndicated-loan-torre-espacio-castel <p><strong><em>ING has provided a seven-year term syndicated loan of EUR280 million&nbsp;to finance the acquisition of the Torre Espacio office building in Madrid.&nbsp;</em></strong></p> <p><a href="http://www.propertyfundsworld.com/2016/02/11/236438/ing-real-estate-finance-grants-eur280-million-syndicated-loan-torre-espacio-castel" target="_blank">read more</a></p> Acquisitions Thu, 11 Feb 2016 09:11:27 +0000 Leah.Cunningham 236438 at http://www.propertyfundsworld.com American Healthcare Investors negotiates unsecured credit facilities of up to USD1bn on behalf of Griffin-American Healthcare REIT III http://www.propertyfundsworld.com/2016/02/11/236437/american-healthcare-investors-negotiates-unsecured-credit-facilities-usd1bn-behalf <p><strong><em>Griffin-American Healthcare REIT III and certain of its subsidiaries have entered into credit facilities totalling USD500 million with Merrill Lynch, Pierce, Fenner &amp; Smith Incorporated as joint lead arranger and sole bookrunner.&nbsp;</em></strong></p> <p><a href="http://www.propertyfundsworld.com/2016/02/11/236437/american-healthcare-investors-negotiates-unsecured-credit-facilities-usd1bn-behalf" target="_blank">read more</a></p> Deals and Transactions Thu, 11 Feb 2016 09:10:33 +0000 Leah.Cunningham 236437 at http://www.propertyfundsworld.com Griffin Capital acquires Toshiba Global Commerce Solutions Corporate HQ in Durham, North Carolina http://www.propertyfundsworld.com/2016/02/11/236436/griffin-capital-acquires-toshiba-global-commerce-solutions-corporate-hq-durham-nor <p><strong><em>Griffin Capital Essential Asset REIT II has acquired the 200,846-square-foot Toshiba Global Commerce Solutions Corporate Headquarters located in Durham, North Carolina.</em></strong></p> <p><a href="http://www.propertyfundsworld.com/2016/02/11/236436/griffin-capital-acquires-toshiba-global-commerce-solutions-corporate-hq-durham-nor" target="_blank">read more</a></p> Acquisitions Thu, 11 Feb 2016 09:09:27 +0000 Leah.Cunningham 236436 at http://www.propertyfundsworld.com Demand for office properties drives purchase prices in Germany, says Catella http://www.propertyfundsworld.com/2016/02/11/236427/demand-office-properties-drives-purchase-prices-germany-says-catella <p><strong><em>Strong demand for office properties in Germany &ndash; particularly from international investors in the top locations &ndash; means a further increase in purchase prices. &ldquo;B&rdquo; and &ldquo;C&rdquo; locations are also seeing this trend, in some cases with a delay, according to Catella.</em></strong></p> <p><a href="http://www.propertyfundsworld.com/2016/02/11/236427/demand-office-properties-drives-purchase-prices-germany-says-catella" target="_blank">read more</a></p> Lettings & Sales Thu, 11 Feb 2016 08:53:53 +0000 Leah.Cunningham 236427 at http://www.propertyfundsworld.com AIFMs welcome ‘flexibility of NPPR’ when accessing Europe http://www.propertyfundsworld.com/2016/02/11/236426/aifms-welcome-%E2%80%98flexibility-nppr%E2%80%99-when-accessing-europe <p><strong><em>National private placement regimes (NPPR) continue to offer the flexibility and ease of access for marketing into Europe that appeal to fund managers, a London funds audience has heard.</em></strong></p> <p><a href="http://www.propertyfundsworld.com/2016/02/11/236426/aifms-welcome-%E2%80%98flexibility-nppr%E2%80%99-when-accessing-europe" target="_blank">read more</a></p> Europe Thu, 11 Feb 2016 08:52:15 +0000 Leah.Cunningham 236426 at http://www.propertyfundsworld.com FIBRA Macquarie México acquires industrial properties in Ciudad Juárez http://www.propertyfundsworld.com/2016/02/10/236384/fibra-macquarie-m%C3%A9xico-acquires-industrial-properties-ciudad-ju%C3%A1rez <p><strong><em>FIBRA Macquarie M&eacute;xico (FIBRA Macquarie) has completed the acquisition of two industrial properties and adjacent land located in Ciudad Juarez, Chihuahua, for a total of USD21.7 million, excluding transaction costs and taxes.</em></strong></p> <p><a href="http://www.propertyfundsworld.com/2016/02/10/236384/fibra-macquarie-m%C3%A9xico-acquires-industrial-properties-ciudad-ju%C3%A1rez" target="_blank">read more</a></p> Acquisitions Wed, 10 Feb 2016 09:16:49 +0000 Leah.Cunningham 236384 at http://www.propertyfundsworld.com Former SEI MD David Morrissey joins DMS http://www.propertyfundsworld.com/2016/02/10/236383/former-sei-md-david-morrissey-joins-dms <p><strong><em>Fund governance firm DMS Offshore Investment Services (DMS) has recruited David Morrissey, former Managing Director of SEI Investments Global Fund Services to serve as Executive Director with its Dublin team.</em></strong></p> <p><a href="http://www.propertyfundsworld.com/2016/02/10/236383/former-sei-md-david-morrissey-joins-dms" target="_blank">read more</a></p> Moves & Appointments Wed, 10 Feb 2016 09:16:03 +0000 Leah.Cunningham 236383 at http://www.propertyfundsworld.com Invesco Real Estate acquires EUR358m portfolio of 11 Spanish hypermarkets http://www.propertyfundsworld.com/2016/02/10/236374/invesco-real-estate-acquires-eur358m-portfolio-11-spanish-hypermarkets <p><strong><em>Invesco Real Estate (IRE) has exchanged contracts on the acquisition of a portfolio of 11 hypermarkets in Northern Spain,&nbsp;for its open-ended pan-European fund.</em></strong></p> <p><a href="http://www.propertyfundsworld.com/2016/02/10/236374/invesco-real-estate-acquires-eur358m-portfolio-11-spanish-hypermarkets" target="_blank">read more</a></p> Acquisitions Wed, 10 Feb 2016 09:06:11 +0000 Leah.Cunningham 236374 at http://www.propertyfundsworld.com Mayfair Capital appoints Langlay-Smith as COO http://www.propertyfundsworld.com/2016/02/09/236370/mayfair-capital-appoints-langlay-smith-coo <p><strong><em>UK real estate investment manager Mayfair Capital Investment Management has appointed Graham Langlay-Smith as Chief Operating Officer (COO) and Compliance Officer.&nbsp; He will also join the main board of the Company.&nbsp;</em></strong></p> <p><a href="http://www.propertyfundsworld.com/2016/02/09/236370/mayfair-capital-appoints-langlay-smith-coo" target="_blank">read more</a></p> Moves & Appointments Tue, 09 Feb 2016 16:37:05 +0000 Leah.Cunningham 236370 at http://www.propertyfundsworld.com JZ Capital Partners completes sale of six European investments for EUR96.3m http://www.propertyfundsworld.com/2016/02/09/236369/jz-capital-partners-completes-sale-six-european-investments-eur963m <p><strong><em>JZ Capital Partners has completed the sale of six of its European investments &ndash; held through the EuroMicrocap Fund 2010 (EMC 2010) &ndash; to a major financial institution for EUR96.3 million (USD104.6 million).</em></strong></p> <p><a href="http://www.propertyfundsworld.com/2016/02/09/236369/jz-capital-partners-completes-sale-six-european-investments-eur963m" target="_blank">read more</a></p> Lettings & Sales Tue, 09 Feb 2016 16:36:05 +0000 Leah.Cunningham 236369 at http://www.propertyfundsworld.com