The Madrid-based firm has bought the retail property on behalf of its IRUS European Retail Property fund, intending to add further space at the asset.
1 min read · 21 January 2013
After failing to secure more equity to keep it afloat or to be sold by its administrators, the UK fitness chain is to be taken over by its lender Société Générale.
1 min read · 21 January 2013
Adelaide Gray is joining the UK insurer's property team from property services firm King Sturge to enhance the group's knowledge of trends affecting its specialist portfolio of assets.
1 min read · 21 January 2013
After 2008 saw 16.6 percent wiped off the value of UK houses, there are signs that confidence is returning to the residential sector with respondents to a recent survey saying they view it as a time to buy.
2 min read · 21 January 2013
The UK-listed infrastructure fund is continuing to raise equity for its debut unlisted investment vehicle for the country despite the the effects of the global financial crisis.
1 min read · 21 January 2013
A mortgage company has teamed with a title company to launch First Equity Capital, a fund ‘to stem the tide of foreclosures and delinquencies’ in the US housing market. In December, more than 300,000 home owners filed foreclosure in the US.
2 min read · 21 January 2013
Argo Real Estate Opportunities Fund, which invests in Central and Eastern Europe, says Spanish retail chain Zara has agreed to lease space at its Odessa Riviera Shopping City, and there is interest in other international groups.
1 min read · 21 January 2013
A survey of European real estate fund managers and investors reveals private property vehicles and ‘conservative’ institutional investors will be the investment driving force in the next 12 months. Private funds raised €23bn of equity in 2008 and are set to target Munich and Hamburg in 2009.
2 min read · 21 January 2013
Oregon Investment Council has been asked by the New York-based investment firm to invest additional equity into its Gagfah deal, as it looks to pay down debt on the German residential property company. Fortress went to its LPs rather than go to 'outside sources'.
1 min read · 21 January 2013
The popularity of value-added funds has declined by more than a quarter among European investors in the past year, according to an industry report. However core funds are in the ascendency while demand for opportunity funds remains stable.
2 min read · 21 January 2013
