Jonathan Brasse
Contact info
- Tel:
- 02079218570
- Mobile:
- 07855 390 454
- Email:
- jbrasse@cmpi.biz
- News
First Industrial pulls out of Europe after less than two years
US industrial REIT cuts its losses after torrid year for European logistics
NewsMulti delights in Turkish market with €250m development fund
Canada Pension Plan Investment Board becomes fund’s first investor
- Online
Pirelli and Intesa sell facilities management business
Italian property company Pirelli Real Estate and bank Intesa Sanpaolo have sold their 50:50 facility management joint venture, Pirelli RE Integrated Facility Management.
- Online
White Estates leads €86.5m Amsterdam buy
A consortium led by White Estate Investments has bought an office leased to the Dutch tax authorities in Amsterdam for €86.5m (£82.2m) from Eurocommercial Properties.
- Online
HSBC moves Irish HQ to Grand Canal Square
HSBC Ireland has moved its Irish corporate headquarters to the LOM designed 1 Grand Canal Square in Dublin’s Docklands.
NewsProLogis to sell China business to reduce debt
US shed giant ProLogis has agreed to sell its China business and its 20% stake in its Japanese funds, to GIC Real Estate, the property investment arm of the Government of Singapore Investment Corporation for $1.3bn (£880m).
OnlineMorgan Stanley’s Carrafiell to step down
Morgan Stanley's co-head of real estate investing John Carrafiell is to step down from his position next month.
- Online
ProLogis European Properties agrees stake sale to reduce debts
ProLogis European Properties has agreed the sale of a 20% stake in its private equity PEPF II logistics fund, as it seeks to reduce its debts.
- Online
King Sturge Espana to go into administration
Spanish subsidiary too exposed to development-related services
- Online
Savills shuts up shop in Hungary
Savills has closed its office in Hungary in response to the deteriorating central and eastern European market.
- Online
KPMG opens Central and Eastern Europe branch
Professional services firm KPMG has formed a central and eastern European real estate restructuring unit aimed at providing services to companies wanting to cash in on ‘distressed situations’.
OnlineGrainger expands in Germany
London-listed residential property company Grainger is to expand its business in Germany with the purchase of a 50% stake in property manager Gebau Vermogen.
- Online
JLL predicts further storm before the calm
The amount of money spent on European commercial property this year is expected to be down by 55% on last year’s total, according to Jones Lang LaSalle.
- Online
Goodman expands in France
Goodman is to increase its exposure to France’s main logistics route with the opening of an office in Lyon and the development of two schemes in the area.
- Online
Centro’s rescue bid
Centro Properties, the Australian property company, has agreed a massive debt for equity swap with its lenders after it failed to refinance A$5.05bn (£2.2bn) of debt.
- Online
King Sturge confirms Spanish administration
King Sturge has confirmed its 75%-owned Spanish subsidiary, King Sturge Espana, is to file for administration.
- Online
King Sturge’s Spanish arm to file for administration
King Sturge España, the Spanish subsidiary of King Sturge, is to file for administration this week as a result of financial difficulties and the faltering Spanish property market.
- Online
Total property returns to surpass 1990 levels
UK commercial property returns this year are set to be the worst for 18 years.
