01.12.2012 Views

EUROPEAN INVESTMENT - Knight Frank

EUROPEAN INVESTMENT - Knight Frank

EUROPEAN INVESTMENT - Knight Frank

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

<strong>EUROPEAN</strong><br />

<strong>INVESTMENT</strong><br />

Performance Review


A selection of recent<br />

european investment transactions<br />

2<br />

United Kingdom<br />

14 Cornhill, London EC3<br />

Sector: Office<br />

Price: £120 million<br />

Vendor: IVG Ltd<br />

Purchaser: Libyan Investment Authority<br />

The Netherlands<br />

Vijzelgracht 50, Amsterdam<br />

Sector: Office<br />

Price: €59 million<br />

Vendor: Ping Properties<br />

Purchaser: Real I.S. AG<br />

United Kingdom<br />

Time Central, Newcastle upon Tyne<br />

Sector: Office<br />

Price: £23.56 million<br />

Vendor: F&C REIT<br />

Purchaser: CS Euroreal<br />

France<br />

37-39 rue d’Anjou, Paris<br />

Sector: Office<br />

Price:€40.357 million<br />

Vendor: Aviva Investors<br />

Purchaser: Corpus Sireo<br />

United Kingdom<br />

127 & 128 Princes Street, Edinburgh<br />

Sector: Retail<br />

Price: £10.041 million<br />

Vendor: The Crown Estate<br />

Purchaser: Clients of Legal & General Property<br />

Czech Republic<br />

Albatros, Narodni, Prague 1<br />

Sector: Office<br />

Price: €10.5 million<br />

Vendor: Česká Spořitelna<br />

Purchaser: PSN


Germany<br />

Grüner Weg 10, 61169 Friedberg<br />

Sector: Industrial<br />

Price: Confidential<br />

Vendor: Pitney Bowes<br />

Purchaser: Hansteen<br />

United Kingdom<br />

3-5 Morrison Street, Edinburgh<br />

Sector: Office<br />

Price: £23.889 million<br />

Vendor: Hermes PUT<br />

Purchaser: Climate Change Capital<br />

United Kingdom<br />

10 Old Bailey, London, EC4<br />

Sector: Development Funding<br />

Price: £60 million<br />

Vendor: MWB<br />

Purchaser: Standard Life<br />

United Kingdom<br />

City Place House, 55 Basinghall Street, London EC2<br />

Sector: Office<br />

Price: £67.5 million<br />

Vendor: PRUPIM<br />

Purchaser: AEW Europe (EPISO)<br />

Spain<br />

Paseo de la Castellana 108<br />

Sector: Office<br />

Price: €67 million<br />

Vendor: Colonial<br />

Purchaser: Consorcio de Compensación de Seguros<br />

Belgium<br />

Colonel Bourg 127-129, Brussels<br />

Sector: Office<br />

Price: Confidential<br />

Vendor: DK Industries<br />

Purchaser: SV Patrimonia<br />

3


A selection of recent<br />

european investment transactions<br />

4<br />

France<br />

27-29 rue de Provence, Paris<br />

Sector: Office<br />

Price: €28 million<br />

Vendor: Aviva Investors<br />

Purchaser: Real l.S.AG<br />

United Kingdom<br />

Sainsbury’s Distribution Unit, Emerson’s Green, Bristol<br />

Sector: Industrial<br />

Price: £26.5 million<br />

Vendor: PRUPIM<br />

Purchaser: Private Investor<br />

Germany<br />

Heinrich-Hertz-Strasse 11, 34123 Kassel<br />

Sector: Industrial<br />

Price: Confidential<br />

Vendor: Wegmann<br />

Purchaser: Sirius Facilities<br />

United Kingdom<br />

No 1 Whitehall Riverside, Leeds<br />

Sector: Office<br />

Price: £37.62 million<br />

Vendor: New Star<br />

Purchaser: LSI<br />

Spain<br />

8 retirement homes - let to Ballesol<br />

Sector: Institutional<br />

Price: €42 million<br />

Vendor: Grupo Lar<br />

Purchaser: Various<br />

United Kingdom<br />

The Orange Portfolio<br />

Sector: Industrial Portfolio<br />

Price: £35 million<br />

Vendor: RREEF<br />

Purchaser: ROM Capital


United Kingdom<br />

Tudor Court, 6-8 Bouverie Street, London EC4<br />

Sector: Office<br />

Price: £21.25 million<br />

Vendor: AEGON Asset Management<br />

Purchaser: David Toms<br />

United Kingdom<br />

Hoopers Department Store, James Street, Harrogate<br />

Sector: Retail<br />

Price: £4.575 million<br />

Vendor: RLAM<br />

Purchaser: Private Family Trust<br />

The Netherlands<br />

Herengracht 500, Amsterdam<br />

Sector: Office<br />

Price: €4.5 million<br />

Vendor: Undisclosed<br />

Purchaser: De Groene Groep<br />

Russia<br />

1 Krasnopolyansky Lane, Lobnya, Moscow<br />

Sector: Industrial<br />

Price: $70 million (USD)<br />

Vendor: Terminal Logistics Group<br />

Purchaser: X5 Retail Group<br />

Spain<br />

Pórtico Building - Campo de las Naciones<br />

Sector: Office<br />

Price: Confidential<br />

Vendor: Marsans<br />

Purchaser: Unión Investment<br />

United Kingdom<br />

Tibbett & Britten, Laverstoke Road, 20/20 Industrial Estate, Maidstone<br />

Sector: Distribution<br />

Price: £13.035 million<br />

Vendor: Aviva Investors<br />

Purchaser: RREEF<br />

5


A selection of recent<br />

european investment transactions<br />

6<br />

France<br />

12 rue du Mail, Paris<br />

Sector: Office<br />

Price: Confidential<br />

Vendor: Unibail-Rodamco<br />

Purchaser: iii Investments<br />

United Kingdom<br />

Washington House, 40 Conduit Street, London W1<br />

Sector: Office<br />

Price: £30 million<br />

Vendor: PRUPIM<br />

Purchaser: Cola Holdings<br />

United Kingdom<br />

200 Hammersmith Road, Hammersmith<br />

Sector: Office<br />

Price: £24.55m<br />

Vendor: Blackrock<br />

Purchaser: BP Pension Fund<br />

The Netherlands<br />

Weena 455, Rotterdam<br />

Sector: Office<br />

Price: €86 million<br />

Vendor: BPF/Progress<br />

Purchaser: Real I.S. AG<br />

United Kingdom<br />

The Royals, Southend-on-Sea<br />

Sector: Shopping Centre<br />

Price: £30.7 million<br />

Vendor: Warner Estate<br />

Purchaser: Orchard Street Investment Management<br />

Germany<br />

Bockenheimer Anlage 2, 60322 <strong>Frank</strong>furt<br />

Sector: Office<br />

Price: Confidential<br />

Vendor: German Real Estate Ltd<br />

Purchaser: Private Investor (Spanish)


United Kingdom<br />

4 Albemarle Street, London W1<br />

Sector: Office<br />

Price: £15.75 million<br />

Vendor: Legal & General<br />

Purchaser: Corob<br />

United Kingdom<br />

Spring Ram Retail Park, Birstall<br />

Sector: Retail warehouse<br />

Price: £8.08 million<br />

Vendor: NPI<br />

Purchaser: Leeds and London Investment<br />

The Netherlands<br />

Herikerbergweg 120, Amsterdam Southeast<br />

Sector: Office<br />

Price: €41 million<br />

Vendor: G&S Vastgoed<br />

Purchaser: BlackRock<br />

Czech Republic<br />

Telefonica Portfolio, Pan Czech Republic<br />

Sector: Office<br />

Price: €170 million<br />

Vendor: Telefonica O2<br />

Purchaser: Bohemia Real Estate<br />

Spain<br />

Beatriz de Bobadilla 3, Madrid<br />

Sector: Office<br />

Price: €70 million<br />

Vendor: Iberdrola Inmobiliaria<br />

Purchaser: ISDEFE<br />

United Kingdom<br />

3 Rivergate, Temple Quay, Bristol<br />

Sector: Office<br />

Price: £21.45 million<br />

Vendor: AXA REIM<br />

Purchaser: Credit Suisse Asset Management<br />

7


A selection of recent<br />

european investment transactions<br />

8<br />

United Kingdom<br />

Tyneside House, Newcastle Business Park, Newcastle upon Tyne<br />

Sector: Office<br />

Price: £4.14 million<br />

Vendor: Invista REIM<br />

Purchaser: Northumberland Estates<br />

Germany<br />

Zum Panrepel 38, 28307 Bremen<br />

Sector: Office<br />

Price: €11.5 million<br />

Vendor: Molan GmbH<br />

Purchaser: Dutch Closed End Fund<br />

United Kingdom<br />

3 & 4 Callaghan Square, Cardiff<br />

Sector: Office<br />

Price: £22.6 million<br />

Vendor: MEPC<br />

Purchaser: National Grid<br />

Spain<br />

Plenilunio Shopping Centre, Madrid<br />

Sector: Retail<br />

Price: €235 million<br />

Vendor: Fondo Inmobiliaria del Santander<br />

Purchaser: Orion<br />

United Kingdom<br />

26-27 Fore Street, Taunton<br />

Sector: Retail<br />

Price: £5.6 million<br />

Vendor: Rockspring<br />

Purchaser: Protego Real Estate<br />

Belgium<br />

Aalst<br />

Sector: Mixed-use development<br />

Price: Confidential<br />

Vendor: Belgian Post<br />

Purchaser: Private Developer


France<br />

3 rue la Boétie, Paris<br />

Sector: Office<br />

Price: Confidential<br />

Vendor: LaSalle Investment Management<br />

Purchaser: Swiss Life<br />

United Kingdom<br />

Tesco Distribution Centre, Southmead Industrial Estate, Didcot<br />

Sector: Distribution<br />

Price: £22.3 million<br />

Vendor: Aviva Investors<br />

Purchaser: Private Investor<br />

United Kingdom<br />

Royal Buildings, Market Street/ Mosley Street, Manchester<br />

Sector: Retail / Offices<br />

Price: £9.65 million<br />

Vendor: Capco<br />

Purchaser: Clients of Legal & General Property<br />

United Kingdom<br />

5 St Philips Place, Birmingham<br />

Sector: Office<br />

Price: £31.50 million<br />

Vendor: New Star Asset Management<br />

Purchaser: Climate Change Capital<br />

United Kingdom<br />

St Luke’s Hospital, Fitzroy Square, London W1<br />

Sector: Healthcare<br />

Price: £7.25 million<br />

Vendor: Trustees of St Luke’s Hospital<br />

Purchaser: Strategic Real Estate Advisors<br />

Ireland<br />

Phoenix House, 7-9 South Leinster Street, Dublin<br />

Sector: Office<br />

Price: €15 million<br />

Vendor: F&C REIT<br />

Purchaser: Trinity College Dublin<br />

9


A selection of recent<br />

european investment transactions<br />

10<br />

Spain<br />

Gamma Building, Omega Business Park, Madrid<br />

Sector: Office<br />

Price: €28 million<br />

Vendor: Redevco<br />

Purchaser: Confidential<br />

United Kingdom<br />

Holgate Park, York<br />

Sector: Industrial<br />

Price: £9.05 million<br />

Vendor: Ashtenne Industrial Fund<br />

Purchaser: Network Rail Infrastructure Ltd<br />

United Kingdom<br />

Exel Europe Ltd, Danesway, DIRFT, Daventry<br />

Sector: Distribution<br />

Price: £17.25 million<br />

Vendor: AXA REIM<br />

Purchaser: F&C REIT<br />

United Kingdom<br />

53 King Street, Manchester<br />

Sector: Office<br />

Price: £5.75 million<br />

Vendor: LaSalle Investment Management<br />

Purchaser: Vision<br />

France<br />

11 rue de Prony, Paris<br />

Sector: Office<br />

Price: €27 million<br />

Vendor: Societe Fonciere Lyonnaise<br />

Purchaser: CARMF<br />

United Kingdom<br />

129 & 130 Princes Street, Edinburgh<br />

Sector: Retail<br />

Price: £9.65 million<br />

Vendor: Aviva Investors<br />

Purchaser: Rutley Capital Partners


<strong>Knight</strong> <strong>Frank</strong> Global<br />

Europe<br />

Belgium<br />

Czech Republic<br />

France<br />

Germany<br />

Hungary<br />

Ireland<br />

Italy<br />

Monaco<br />

The Netherlands<br />

Poland<br />

Portugal<br />

Romania<br />

Russia<br />

Spain<br />

Ukraine<br />

Key contacts<br />

Africa<br />

Botswana<br />

Kenya<br />

Malawi<br />

Nigeria<br />

South Africa<br />

Tanzania<br />

Uganda<br />

Zambia<br />

Zimbabwe<br />

UK<br />

Peter MacColl<br />

Head of Investment<br />

peter.maccoll@knightfrank.com<br />

+44 (0)20 7861 1211<br />

Andrew Sim<br />

Partner, European Investment<br />

andrew.sim@knightfrank.com<br />

+44 (0)20 7861 1193<br />

Stephen Clifton<br />

Partner, City Investment<br />

stephen.clifton@knightfrank.com<br />

+44 (0)20 7861 1312<br />

Ker Gilchrist<br />

Partner, West End Investment<br />

ker.gilchrist@knightfrank.com<br />

+44 (0)20 7861 1748<br />

Henrie Westlake<br />

Partner, UK Regional Investment<br />

henrie.westlake@knightfrank.com<br />

+44 (0)113 297 2413<br />

Belgium<br />

Filip Derijck<br />

filip.derijck@be.knightfrank.com<br />

+32 2 548 0555<br />

Czech Republic<br />

Christopher Sheils<br />

christopher.sheils@cz.knightfrank.com<br />

+420 224 217 217<br />

Asia Pacific<br />

& Middle East<br />

Abu Dhabi<br />

Australia<br />

Bahrain<br />

Cambodia<br />

China<br />

Hong Kong<br />

India<br />

Indonesia<br />

Malaysia<br />

New Zealand<br />

Singapore<br />

Thailand<br />

France<br />

Julien Bonnefoy<br />

julien.bonnefoy@fr.knightfrank.com<br />

+33 1 43 16 88 89<br />

Germany - <strong>Frank</strong>furt<br />

Klaus Hofmann<br />

klaus.hofmann@de.knightfrank.com<br />

+49 69 55 66 33 26<br />

Germany - Munich<br />

Helmut Schüchl<br />

helmut.schuechl@knightfrank.com<br />

+49 89 83 93 12 133<br />

Ireland<br />

Paul McDowell<br />

paul.mcdowell@ie.knightfrank.com<br />

+353 1662 3255<br />

Italy<br />

David Hill<br />

david.hill@pirellire.com<br />

+39 02 6442 4321<br />

The Netherlands<br />

Siem-Jan Vos<br />

s.vos@NLrealestate.nl<br />

+31 20 707 30 00<br />

The Americas<br />

Bermuda<br />

Brazil<br />

Canada<br />

Caribbean<br />

Chile<br />

USA<br />

Poland<br />

Dorota Latkowska-Diniejko<br />

dorota.latkowska@pl.knightfrank.com<br />

+48 22 596 50 50<br />

Portugal<br />

Pedro Rutkowski<br />

pedro.rutkowski@worx.pt<br />

+351 21 799 99 60<br />

Romania<br />

Horatiu Florescu<br />

horatiu.florescu@theadvisers.ro<br />

Tel: +40 21 380 8585<br />

Russia<br />

Evgeniy Semyonov<br />

evgeniy.semyonov@ru.knightfrank.com<br />

+7 495 981 0000<br />

Spain<br />

Humphrey White<br />

humphrey.white@es.knightfrank.com<br />

+34 91 788 07 12<br />

Middle East<br />

James Lewis<br />

james.lewis@me.knightfrank.com<br />

+973 1710 7337<br />

International<br />

Jeremy Waters<br />

jeremy.waters@knightfrank.com<br />

+44 (0)20 7861 1228<br />

11

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!