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REITs Brookfield and Marathon File for IPOs
Two real estate investment trusts filed for initial public offerings on Friday, bringing to eight the number of applications since early July by REITs created by real estate companies seeking to take ...
Big News Network

China to Back Canary Wharf Owner
Songbird Estates, which owns a 61% stake in the Canary Wharf development, said it plans to raise new equity from China and Qatar in an effort to repurchase debt and avoid breaching debt covenants.
Wall Street Journal

Posting: Making Way for Electric Cars
Some real estate developers are getting ahead of what could be an influx of electric cars by installing car-charging stations in their apartment buildings.
New York Times

Carrefour chief firm over property
Lars Olofsson, Carrefour's chief executive vowed he would only sell property to make a big strategic acquisition, in spite of the ambitions of activist shareholders to unlock the value of its real estate portfolio
FT

Real Estate Funds Rally on Sales Data
ETFs that invest in real estate have gained 4.1% in the past week on housing market data.
The Street

Deutsche Pfandbriefbank completes ?225 mln. investment financing for Carpathian plc in CEE
Deutsche Pfandbriefbank AG announces that it has provided a €225 million investment facility, refinancing all of its loans with Carpathian plc in CEE. This refinancing package includes a combination of partial debt repayment, additional collateral, an extension of the loan term and other amendments to the terms of the loans, reflecting the changed banking environment. Commenting, Harin Thaker, Head of Real Estate Business International, said: “We are pleased that we have agreed with Carpat
Europe RE

Harbert acquires four multi-let estates from Segro (UK)
Affiliates of Harbert European Real Estate Fund II, L.P. and Harbert European Real Estate Fund II (Parallel), L.P. (collectively, “Harbert”), in conjunction with Canmoor asset management, have acquired four multi-let industrial estates in southeast England from Segro for £103.75 million.
Europe RE

Investing in property - the big boys are starting to hurt badly
Another round of losses in the third quarter shows continuing weakness in the world’s real estate markets. Although property investment in Singapore ticked up slightly in the third quarter, more bad news from major developers and property investment vehicles show continuing declines in prices, sales volumes and profitability. US luxury home builder Toll Brothers posted a Q3 loss of  $472.3 million, and GPT group in Sydney, Australia posted a US$995 million loss for the first half of the year. on Investing in property – the big boys are starting to hurt badly…
International Property Investment

First property advisors to obtain LEED accreditation in Poland (PL)
Pawel Warda and Bartlomiej Szejba, members of the Project & Development Services team at Jones Lang LaSalle, have recently become LEED Accredited Professionals (AP). LEED is the most recognized sustainability certificate for real estate internationally. They become one of only 16 LEED APs in Poland and the very first commercial property advisors who have obtained this accreditation in Poland. The key benefits of LEED accreditation for a building include lower operation costs and improved ma
Europe RE

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