Wed, 20th Nov 2019 15:23
Hansteen has bought a further 24.2m units in the Ashtenne Industrial Fund (AIF) for £11m. The company's UK and Continental European property investment business has increased its stake in AIF to 40.8%. AIF owns 13.6m sq ft of multi-let industrial properties in the UK. At 30 June 2014, the portfolio
Read moreProperty investment group Hansteen has completed the sale of 11 UK assets from the Ashtenne Industrial Fund, in which it has a 36.7% interest, for a combined price of £43.9m. The company added it had completed the divestment in three separate transactions, receiving £32m for the largest asset, a 48-
Read moreLittle change is expected on the FTSE 100 at Monday's opening bell, following weakness in Asia overnight. City sources predict the top tier index will open just two points higher than Friday's close of 6,742.84. "Disappointing data from China and Japan is weighing on European futures ahead of the o
Read moreReal estate investment trust Segro has sold seven regional German industrial estates and has agreed to dispose of a further three to Hansteen Holdings, for a total of €45.8m (£36.1m). The firm added the disposal of the three remaining assets, which are worth £3.9m, should be completed within the fir
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