All news

Brandywine executes 641,433 sq ft of leasing in Q4

Brandywine Realty Trust signed 641,433 square feet of new and renewal leases during the fourth quarter of 2009. »

Pooled property funds see record new money in Q4

Pooled property funds raised GBP3.2bn of new money in quarter four 2009, the highest on record since 1998 and dwarfing the peak of GBP1.7bn reached during the previous upturn in 2006, according to the Association of Real Estate Funds. »

CBRE expands global real estate securities team in Europe

Real estate investment management firm CB Richard Ellis Investors has expanded its global real estate securities team the appointment of Sara Bellenda as portfolio manager for Continental Europe and the promotion of Daniela Lungu as portfolio manager for the UK. »

PILinvests and Quantum LifeCare to launch care home sector fund

Alternative investment fund specialist PILinvests is teaming up with Quantum LifeCare to launch The Park Gate Care Home fund. »

Legal & General launches LPI Income Property Fund

Legal & General Property has launched the LPI (Limited Price Inflation) Income Property Fund, which aims to offer defined benefit pension schemes a way to invest in property coupled with a secure source of income, primarily government-backed, all with inflation-linkage. »

MPO launches luxury residential tower in Macau

Macau Property Opportunities Fund has launched the leasing campaign for a 150,000 square foot luxury residential tower, located in Macau’s premier mixed-use development, One Central. »

Climate Change Capital’s property fund raises GBP69m

Climate Change Capital’s property fund, CCPF, has closed with GBP69m equity. »

Simon Property Group FFO totals USD573.3m in Q4

Simon Property Group’s funds from operations as adjusted were USD573.3m, or USD1.66 per diluted share, for the quarter ended 31 December 2009. »

Real estate sector funds see another USD179 m of inflows

Real estate sector funds took in another USD179m of inflows during the week ending 3 February, replacing energy sector funds as the year-to-date inflow leader among commodity funds, according to EPFR Global. »

China Real Estate Opportunities portfolio valued at GBP837m

China Real Estate Opportunities, a Chinese property company quoted on the AIM market of the London Stock Exchange, says the aggregate gross value of its portfolio at 31 December 2009 was RMB9.188bn (equivalent to GBP837m). »

Property duo launches Sunny Day Capital

Didier Tandy and Stephen McBride have launched property investment and development company Sunny Day Capital to take advantage of opportunities in the UK property market. »

Holloway Lodging Reit in CAD10.5m mortgage refinancing

Holloway Lodging Real Estate Investment Trust has obtained commitments to refinance mortgages on its Radisson Suite Hotel Halifax and Holiday Inn Express Halifax properties in Nova Scotia, Canada. »

Extendicare Reit completes CAD86.3m offering of trust units

Extendicare Real Estate Investment Trust has closed its previously announced offering of 9,228,750 trust units, including the exercise in full of an over-allotment option of 1,203,750 trust units at a price of CAD9.35 per unit. »

Invista completes EUR15.7m transfer of Belgian office

Invista European Real Estate Trust has completed the transfer of an office asset located on Campus Remy in the outskirts of Leuven, Belgium, to its main tenant, KVLV group, a Belgian non-profit organisation associated with the Flemish Farmers’ Union. »

Speymill sells EUR22m of assets

Speymill Deutsche Immobilien, the pan-German residential property investment company, has concluded the sale of approximately EUR22m of assets as part of its ongoing asset management initiative. »

LaSalle secures 12 year lease for Le Viala property in Paris

LaSalle Investment Management has signed a 12 year firm lease with DCNS, a European provider of naval defence systems, for the 12,349 square metre Le Viala property located in Paris’ 15th arrondissement, 42 rue du Docteur Finlay.  »

Grubb & Ellis Healthcare Reit II to acquire medical centre in Ohio

Grubb & Ellis Healthcare Reit II has entered into an agreement to acquire Parkway Medical Center, a two-building medical office portfolio totalling approximately 88,000 square feet in the Cleveland suburb of Beachwood, Ohio. »

Apollo completes investments totalling USD349m

Apollo Commercial Real Estate Finance completed investments totalling USD349.0m through 31 January 2010. »

Monthly capital returns reach all time high of three per cent

Capital values in the UK property market rose by three per cent in December 2009, the strongest performance recorded in the history of the IPD Monthly Index, according to a report by Aberdeen Property Investors. »

Property recovery confirmed

A positive return of 3.4 per cent for the 2009 IPD Annual Index has confirmed a recovery in the property markets. »