Articles - Real Estate Investment Trusts

NEPI’s plans for EUR 100 million obtained through capital increase

South-Africa’s investment fund NEPI, one of the most dynamic investors in the Romanian real estate market, intends to use half of the amount of EUR 100 million obtained through capital increase for paying back loans, the rest of the money targeting new acquisitions.

NEPI raises EUR 100 million for real-estate investments

South-African investment fund New Europe Property Investments (NEPI) raised EUR 100 million via an accelerated book building (ABB) on the Johannesburg Stock Exchange, the fund announced. Earlier on Monday, the fund said it aims to raise EUR 80 million.

Globalworth posts EUR 70 mln profit from Romania acquisitions

Real estate investment fund Globalworth, which was founded by Greek businessman Ioannis Papalekas and listed on the London Stock Exchange last year, posted a profit before tax of EUR 70 million for the first quarter of the fiscal year (January 1 to March 31, 2014).

UniCredit eyes sale of 17 percent CA Immo stake

UniCredit, the biggest shareholder in CA Immobilien, is considering selling its 16.8 percent stake in the Austrian real estate company, CA Immo said on Monday.

AEW Europe completes first close of European value-add fund

AEW Europe announced today the first closing of the Europe Value Investors Fund with commitments from 6 investors totaling €101 million. The fund expects to undertake further closings in 2014 targeting a total investment capacity of €700 million and will focus on core plus and value add opportunities in the office sector predominately in Germany, France and the UK.