As major new lenders in the European real-estate market, insurance companies are already influencing lending terms, making credit both easier to come by and cheaper.
Battered by the sovereign-debt crisis, European lenders are losing their taste for commercial-property loans, causing some investors to scramble for unusual alternatives.
When Terremark Worldwide looked for a new European data-center location, it found Amsterdam’s airport city to be a natural fit. Terremark’s reasons for choosing Schiphol help explain why it is emerging as one of the leading airport cities in the world.
Unibail-Rodamco, a leading European property company, could be on the prowl for property in Spain, according to analysts. It has earmarked nearly $10.09 billion for investment over the next five years.
While the economic downturn has slowed new development in many European capitals, in Skopje, the capital of the Balkan Republic of Macedonia, a new grand design is unfolding.
In the takeover battle for ProLogis European Properties, the offers submitted so far don’t reflect the possibility of a recovery in Europe’s industrial market pushing the value of the company higher.
Australian property investor Goodman Group and APG Algemene Pensioen Groep, a Dutch pension-fund asset manager, said they were considering making an unsolicited all-cash offer for ProLogis European Properties.
Allianz Real Estate, the property-management unit of the German insurer, is preparing to get into the commercial real-estate loan business in a move that is set to blur the line separating European insurers and banks.
The European property market is finally emerging from its recessionary deep-freeze, but there are still plenty of icy patches where investors can slip.
Feb. 16 (Bloomberg) — Natascha Gewaltig, chief European economist at Action Economics, says the European Central Bank is likely to raise interest rates in the first half of this year.
Feb. 16 (Bloomberg) — Natascha Gewaltig, chief European economist at Action Economics, says the European Central Bank is likely to raise interest rates in the first half of this year.
By Maria Petrakis June 18 (Bloomberg) — Sophia Constantinidou works as a teacher in a private school in Athens. She also has a more lucrative job: remaining unmarried
By Zahra Hankir June 20 (Bloomberg) — Dubai’s benchmark stock index rose the most in 10 weeks and Egyptian shares gained, leading a rally in Middle East markets on growing confidence that Europe will contain its debt crisis.
By Shobhana Chandra June 20 (Bloomberg) — The housing market began to retrench in May after a government incentive ended, leaving manufacturing at the head of the U.S. recovery, economists said reports this week will show
By Bloomberg News June 21 (Bloomberg) — Chinese President Hu Jintao may have succeeded in removing the yuan’s valuation from debate at this week’s Group of 20 leaders’ summit, economists and political analysts say. How much time he’s bought depends on how flexible the currency will become.