Bridges Ventures has announced an early closure of its Bridges Property Alternatives Fund III after strong interest from European and US institutions. The company says it will apply gearing to its closing £212m commitment to give it a potential investment... Read More
Axa Real Estate (Axa) is concerned that Japanese commercial property prices may be close to their peak. The fifth-largest property fund in the world is looking at the recent increase in real estate values due to the government’s efforts to put an end... Read More
Saltley Business Park in Birmingham has been sold to new joint venture owners as part of the £146m sell off of Hansteen UK Industrial Property Unit Trust’s (HPUT) 42-asset portfolio. The West Midland’s commercial estate — situated north of the... Read More
Private investors in the Canadian commercial property market outstripped the country’s big pension funds in the last quarter, overturning the prevailing trend of the previous quarter. In the first quarter of 2014, pension funds dominated the market,... Read More
The international investment company Invesco has confirmed it is liquidating one of its property funds — effectively wiping out the investments of thousands of its clients. In a London Stock Exchange statement, the independent management company —... Read More
Six month after it announced it was selling London’s Corn Exchange office building, Credit Suisse Group AG (CSGN) has confirmed it is liquidating commercial property funds worth more than €700m (£568m). All 20 properties in the sell-off package... Read More
The Dutch economy — which has gone through three recessions since the 2007 start of the financial crisis — is finally growing again. Boosted by rising property prices and consumer confidence, all the signs are there for a lasting recovery said Dutch... Read More
