european%20capital%20markets%20performance%20review

CAPITAL MARKETS EUROPEAN

Performance Review

KNIGHT FRANK 2EUROPEAN CAPITAL MARKETS1 KNIGHT FRANK

EUROPEAN CAPITAL MARKETS

Prime European Markets have bottomed outAn improving economic and political landscape, together with increasing finance availability on more “attractive” terms coupled with an ever widening cross-border investor audience, presents a renewed optimism for the year ahead.

Investment transaction volumes have started to increase with particularly significant improvements in some of Europe’s toughest economies notably Spain, Italy and Ireland.

The positive ripples to which we drew reference last year have now gathered momentum, a trend which is anticipated to continue over the next 12 months at least.



Sector Industrial/Distribution Value £400 million Vendor Ernst and Young Administrators Purchaser Malaysian Consortium, comprising SP Setia, Sime Darby and EPF

Battersea Power Station, Battersea, London SW8

Andreasstrasse 10

Avenue des Arts 19ad, Brussels, Belgium

Sector Office Value €11.6 million Vendor R+V Lebensversicherung AG Purchaser aik

Andreasstrasse 10, Berlin, Germany

Sector Office Value €30 million Vendor Goldman Sachs/Archon Purchaser Talanx

Merlin 310, Manchester, UK

Sector Industrial Value £19.8 million Vendor Aviva Investors Purchaser Henderson Global Investors

A SELECTION Of RECENT EUROPEAN CAPITAL MARKETS TRANSACTIONS

Avenue des Arts

Merlin 310



The Alpha & Beta Buildings, Reading, UK

Sector Office Value £18.10 million Vendor IVG UK Ltd Purchaser SWIP

Baskerville House, Birmingham, UK

Sector Office Value £40.47 million Vendor LPA Receiver Purchaser Hermes Real Estate Investment Management

40 Grosvenor Place, London, UK

Sector Office Value £105 million Vendor Grosvenor London Office Fund Purchaser NPS Central London Property Limited Partnership c/o Rockspring


The Alpha & Beta Buildings

40 Grosvenor Place

Baskerville House

65 Boulevard de la Croisette, Cannes, France

Sector Retail Value €90 million Vendor KanAm Purchaser Thor Equities

Theodor-Heuss-Allee 112, Germany, Frankfurt

Sector Office Value €58 million Vendor Aberdeen Immobilien Kapitalanlage Purchaser Signa Property Funds

Theodor-Heuss-Allee

65 Boulevard de la Croisette

The Light, Leeds, UK

Sector Leisure Value £91.80 million Vendor Kames Capital Purchaser Legal & General

Galahad Portfolio



Sector Office/Retail Value €140 million Vendor Axa Real Estate Purchaser PPF Real Estate

Seven Portfolio, The Netherlands

New Century House, IFSC, Dublin, Ireland

Sector Office Value €30 million Vendor Private Consortium Purchaser Madison International

Chemin du Pré-Fleuri 3, Geneva, Switzerland

Sector Office Value £91.13 million Vendor Rockspring Purchaser Credit Suisse

265 Strand, London, UK

Sector Office Value £77 million Vendor MPC Capital Purchaser NTT


Chemin du Prè-Fleuri 3

265 Strand New Century House



54/56 rue Laffitte, Paris, France

Sector Offices Value €24 million Vendor Allianz Purchaser Aviva

The Rocket, Newcastle upon Tyne, UK

Sector Office Value £19.80 million Vendor Silverlink Holdings Purchaser AVIVA (LIME)

165-181 Kensington High Street & 1a Eden Close, London, UK

Sector Mixed Use Value £30.50 million Vendor PRUPIM Purchaser Private Chinese Investor


The Rocket

165-181 Kensington High Street 54/56 rue Laffitte

88 Wood Street, London, UK

Sector Office Value c. £215 million Vendor NPS/Rockspring Purchaser KWAP/RREEF

1 Grafton Street, London, UK

Sector Office/Retail Value £77.80 million Vendor Hines Purchaser Pembroke Real Estate

Argos Distribution Centre, Stafford, UK

Sector Industrial Value £26.80 million Vendor Rock Acton Gate LLP Purchaser Dimah Capital

1 Grafton Street 88 Wood Street

Argos Distribution Centre



Príncipe de Vergara 112, Estébanez Calderón 3-5, Manuel de Falla 7 (Madrid), Spain

Sector Office portfolio Value Confidential Vendor Hypothekenbank Frankfurt (Inmobiliaria Monteverde) Purchaser Värde Partners & Anchorage Capital

Príncipe de Vergara 112, Estébanez Calderón 3-5, Manuel de falla 7 (Madrid), Spain

Warsaw Financial Centre, Warsaw, Poland

Sector Office Value €210 million Vendor CA Immo and Pramerica Real Estate Investors Purchaser Allianz Real Estate & Tristan Capital Partners

Woolgate Exchange, London, UK

Sector Office Value £265 million Vendor Capita Asset Services Purchaser Ivanhoe Cambridge

272 High Holborn, London, UK

Sector Office Value £54.70 million Vendor Private Irish Investor Purchaser Private Thai Investor


272 High Holborn

Woolgate Exchange

Warsaw Financial Centre



Galahad Portfolio, Bristol, UK

Sector Multi LeIndustrial Portfolio Value £25,95 million Vendor SEGRO Purchaser Commercial Estates Group

Caledonian Exchange, Edinburgh

Sector Office Value Confidential Vendor Private Investor Purchaser BlackRock UK Property Fund

Temple Row, Birmingham, UK

Sector Office/Retail Value £6.35 million Vendor Aberdeen Asset Management Purchaser EPIC

Altaïr, Clichy, France

Sector Offices Value €23 million Vendor Union Purchaser Sofidy

The Fern Portfolio UK

Sector Industrial Value £32.26 million Vendor The Crown Estate Purchaser Knight Frank Investment Management


Temple Row Altaïr

The Fern Portfolio

The Light

Caledonian Exchange

TownTown, Vienna, Austria

Sector Office Value €35 million Vendor Commerz Real Purchaser Bank Austria Real Invest

TownTown



Sector Multi-sector portfolio Value £114.4 million Vendor Aberdeen Asset Management on behalf of ReAssure Purchaser ELQ Investors II Limited (Goldman Sachs)

The Peloton Portfolio

1 Finsbury Circus, London, UK

Sector Office Value £152 million Vendor Invesco Real Estate Purchaser China Overseas Land & Investment

Bank of Ireland, Baggot Street Dublin, Ireland

Sector Office Value €40 million Vendor Bank of Ireland Purchaser Private Investor

250 Brook Drive, Reading, UK

Sector Office Value £19.50 million Vendor CIS Ltd (c/o AXA UK Real Estate Ltd) Purchaser Oxford Properties


Bank of Ireland

1 Finsbury Circus250 Brook Drive



The Pavilions Shopping Centre, Uxbridge, UK

Sector Retail-Shopping Centre Value £64.50 million Vendor The Mall Fund Purchaser LaSalle Investment Management

Delin Portfolio, The Netherlands

Sector Logistics Value €77.88 million Vendor Private Investor Purchaser Delin Capital

30-40 St Vincent Place, Glasgow, UK

Sector Office Value £8.77 million Vendor CBRE Global Investors Purchaser Allied Commercial Exporters Ltd

Riverside Exchange, Sheffield, UK

Sector Office Value £15.90 million Vendor Britannia InvesA/S c/o Cording Danmerc Ltd Purchaser Secretary of State for Communities and Local Government

Tour Mercure, 31 quai de Grenelle, Paris, France

Sector Offices Value Confidential Vendor Gecina Purchaser Aviva


Tour Mercure

30-40 St Vincent Place

Riverside Exchange

Delin Portfolio

The Pavilions

Toronto Square, Leeds, UK

Sector Office Value £29 million Vendor Highcross Purchaser M&G Real Estate

Toronto Square



Sector Office Value £245 million Vendor KanAm Grund Purchaser China Investment Corporation/Invesco

Winchester House, 1 GreaT Winchester Street, London EC2

Quattro House, Aberdeen, UK

Sector Office & Industrial Value £13.25 million Vendor Hamilton Portfolio Purchaser Lumina Real Estate

Cineworld, Cardiff, UK

Sector Leisure Value £18.96 million Vendor Spectrum Asset Management Purchaser Henderson UK Property UniTrust

Hammer Strasse 30-34, Hamburg, Germany

Sector Office Value €43 million Vendor Prime Office REIT-AG Purchaser Dundee Reit


Hammer Strasse

Quattro House Cineworld



330OfficesIn48

Countries

OverA Partnership ApproachKnight Frank’s four ingredients comprise our global network, our independence, and our commercial and residential platforms. These set us apart from the competition.

Together with our US alliance partners, Newmark Grubb Knight Frank we have grown to a group of over 12,500 property professionals, in more than 330 offices in 48 countries.

Being a partnership allows us to put our clients first, we focus on giving them the best advice and putting long term relationships before short term wins. Trust and integrity are everything.

Working with private individuals, developers, investors, banks, corporate occupiers and public sector bodies we provide a range of agency, investment and professional consultancy services which are supported by our dedicated market research teams.

The combination of our people, research and technology has helped us grow our enviable track record and that is why clients come back to us for their personal and professional property requirements.

The Americas

UK afRICA eUROPE

mIDDLE eAST Asia pACIfIC

THE AMERICAS 99 Offices 3 countries

UK 72 Offices 1 Country

Africa 23 Offices 9 countries

eUROPE 80 Offices

17 countries

Middle East 4 Offices

4 countries

Asia Pacific 53 Offices

12 countries

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The Knight Frank network consists of Knight Frank LLP and its direct subsidiaries which provide services in the UK and an international network of separate and independent entities or practices providing services internationally.

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european%20capital%20markets%20performance%20review

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