US mall king David Simon has expanded his reach in Europe with the planned merger of Klépierre and rival Corio.
IPD: Q3 delivers 3.3% boost UK commercial property values rose by 3.3% in Q2 reflecting the highest quarterly growth of the current cycle.
Intu’s portfolio of prime shopping centres rose in value by £573m in the six months to the end of June, trebling profit to £602m. The company’s net asset…
UPDATE – AUDIO: The recovery in the UK real estate market made further ground during Q2, as values rose by an additional 3.3% for all property
Aviva Investors is offloading €195m (£155m) of assets to private equity investor Lone Star after calling time on one of its European property funds…
Kennedy Wilson is buying a further €120m of Irish assets including the Marshes shopping centre and the Elliott loan portfolio from Ulster Bank
The value of Assura Group’s investment property portfolio has grown by 18% following £119.3m of acquisitions completed during the period
Investment manager MedicX has posted a broadly flat NAV of 64.8p per share in a quarterly trading update.
FINANCE: Barclays has provided developer HFD Group with £56m of development finance to fund the CityPark office development in Aberdeen
The Conygar Investment Company has bought a multi-let freehold industrial site in Colwyn Bay, North Wales, for £2.8m
Nama has confirmed that it has put its first Irish retail park portfolio on the market with a guide price of €110m (£87m)
FINANCE: CBRE has reported a 22% hike in revenue to $2.1bn (£1.2bn) with EMEA revenue surging by 89% in the second quarter