Bridget O’Connell
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Gemini portfolio in administration
The heavily indebted Gemini secondary regional property portfolio has gone into administration.
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BLME completes two deals
Bank of London and the Middle East has completed a further two development funding deals, taking its UK portfolio to more than £200m
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Pramerica and pbb sew up £111m shed deal
Deutsche Pfandbriefbank and Pramerica have funded Threadneedle’s purchase of a £111m industrial portfolio from SEGRO
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Europe weak for CBRE, but a boost for JLL
The world’s two largest property services firms revealed varying success in Europe in their second quarter results
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Bidders vie for AIB loan books
Shortlists for two Allied Irish Bank loan portfolios have been finalised
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O&H secures second loan from pbb
Private property company O&H Holdings has secured its second loan from German lender Deutsche Pfandbriefbank
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Bidders shortlisted for AIB loan book sales
The shortlists for two Allied Irish Bank loan portfolio sales have been finalised.
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July CMBS payments hit €900m
Repayments of European CMBS loans increased in July as debt totalling €900m was repaid, according to Fitch
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Europe boosts JLL Q2 results
Jones Lang LaSalle delivered a strong performance in Europe contributing to a 9% increase in global revenue in Q2
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CBRE toasts global growth
CBRE has delivered solid global growth in income and revenue in the second quarter of 2012
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SFO to resume Kaupthing case
The Serious Fraud Office is to continue its probe into the collapse of Icelandic bank Kaupthing with “renewed focus and vigour”.
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BlackRock appoints Long to flagship fund
Investment manager BlackRock has expanded its real estate team with the appointment of Mark Long as director of research