Real Estate News

Spain, 2012-01-11 | Property Financing

• pbb Deutsche Pfandbriefbank provides a € 61 million facility to the Pillar Retail Europark Fund (PREF)

  pbb Deutsche Pfandbriefbank announces the completion of the € 61 million financing of two retail and leisure parks located in Spain for subsidiaries of PREF. The Fund is managed by BL European Fund Management LLP and part-owned by The British Land Company PLC. The transaction closed in December 2011.

  Oliver Gruss for Deutsche Pfandbriefbank AG

Bayern, 2011-12-19 | Property Financing

• aurelis and pbb Deutsche Pfandbriefbank extend investment finance facility of € 700 milion ahead of schedule

  As part of a syndicate financing, pbb Deutsche Pfandbriefbank has extended the investment finance facility of a total volume of approximately € 700 million for aurelis Asset GmbH ahead of schedule. pbb Deutsche Pfandbriefbank acted as Lead Arranger of the syndicate and Agent for this transaction.

  Walter Allwicher for Deutsche Pfandbriefbank AG

Cataluña, 2011-12-01 | Running Deal Commercial Property

• Grupo Catalana Occidente, protagonista de la segunda gran operación del año en Barcelona de alquiler de oficinas

  Catalana Parc, el complejo inmobiliario de Grupo Catalana Occidente situado en Sant Cugat del Vallés, sigue aumentando el número de inquilinos. El último ha sido SAGE, la empresa referente de software de gestión, que ha alquilado un total de 3.850 m2, consolidando así la segunda mayor operación de alquiler de oficinas en lo que va de año en Barcelona y la primera en Sant Cugat del Vallès. SAGE se une así a Insa, Drivania y Nutrition et Sante, empresas que ya están implantadas en Catalana Parc.

  María Martín for Catalana Occidente

Great Britain, 2011-11-29 | Property Markets, Housing

• World class winning streak will widen the gap between prime London and country

  The UK’s prime residential real estate markets have historically been driven by equity not borrowing, but the international equity now driving prime central London is creating a market increasingly detached from the UK’s other prime markets, says international real estate adviser, Savills, which today published its five year forecasts for the UK residential markets.

  Julia Dietrich for Savills

Brandenburg, 2011-11-29 | Property Investment

• YOUNIQ acquires new site in Potsdam

  - Purchase of a land plot of around 9,000 m² in Potsdam - Creation of 388 student apartments directly next to campus

  Ulrich Wiehle for YOUNIQ AG

Bayern, 2011-11-29 | Commercial property: Logistics, Running Deal Commercial Property

• Alpha Industrial buys a 32,000 sqm logistics property in Kirchheim, close to its Logistikpark München Ost

  Alpha Industrial – investor, project developer and asset manager of logistics and industrial properties – is building on its market presence at the top logistics venue Munich.

  Silke Hoffmann for Alpha Industrial

Hessen, 2011-11-28 | Companies

• EBS REMI and CORESTATE Capital AG Launch “Distressed Real Estate Debt” Research Cooperation

  Corestate Founder & Chairman Ralph Winter: “Innovative solutions are needed to cope with the imminent financing freeze.”

  Birte Wachsmuth for CORESTATE Capital AG

Cataluña, 2011-11-23 | Property Markets, Commercial property: Office

• Mercado Oficinas Barcelona T3-2011: La demanda se ha deteriorado de manera considerable

  - El volumen de contratación del tercer trimestre se situó en poco más de 43.000 m², si bien el acumulado se acercó a los 174.000 m². - 2011 marcará el mínimo de absorción bruta acumulada de la última década. - Las rentas prime descienden un 2,6% con respecto al trimestre anterior.

  Almudena Rodríguez for Savills

Great Britain, 2011-11-22 | Property Markets, Housing

• Private rental market – The biggest challenge and the biggest opportunity

  Rising demand from those unable to buy their own homes and those reluctant to commit in the current market means that rents will rise significantly more than house prices over the next five years, says international real estate adviser, Savills, which has today published its forecasts to 2016.

  Julia Dietrich for Savills