EUROPEAN
CAPITAL MARKETS Performance Review
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KNIGHT FRANK EUROPEAN CAPITAL MARKETS
KNIGHT FRANK 2 EUROPEAN CAPITAL MARKETS
Prime European Markets have bottomed out An 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.
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KNIGHT FRANK 4 EUROPEAN CAPITAL MARKETS
KNIGHT FRANK EUROPEAN CAPITAL MARKETS
Battersea Power Station, Battersea, London SW8 Sector Industrial/Distribution Value £400 million Vendor Ernst and Young Administrators Purchaser Malaysian Consortium, comprising SP Setia, Sime Darby and EPF Andreasstrasse 10
Avenue des Arts
Merlin 310
A selection of recent European capital markets Transactions Andreasstrasse 10, Berlin, Germany
Avenue des Arts 19ad, Brussels, Belgium
Merlin 310, Manchester, UK
Sector Office Value €30 million Vendor Goldman Sachs/Archon Purchaser Talanx
Sector Office Value €11.6 million Vendor R+V Lebensversicherung AG Purchaser aik
Sector Industrial Value £19.8 million Vendor Aviva Investors Purchaser Henderson Global Investors
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KNIGHT FRANK 6 EUROPEAN CAPITAL MARKETS
KNIGHT FRANK EUROPEAN CAPITAL MARKETS
Baskerville House
Theodor-Heuss-Allee
The Alpha & Beta Buildings
Galahad Portfolio
40 Grosvenor Place
65 Boulevard de la Croisette
A selection of recent European capital markets Transactions Baskerville House, Birmingham, UK
40 Grosvenor Place, London, UK
The Light, Leeds, UK
Theodor-Heuss-Allee 112, Germany, Frankfurt
The Alpha & Beta Buildings, Reading, UK
65 Boulevard de la Croisette, Cannes, France
Sector Office Value £40.47 million Vendor LPA Receiver Purchaser Hermes Real Estate Investment Management
Sector Office Value £105 million Vendor Grosvenor London Office Fund Purchaser NPS Central London Property Limited Partnership c/o Rockspring
Sector Leisure Value £91.80 million Vendor Kames Capital Purchaser Legal & General
Sector Office Value €58 million Vendor Aberdeen Immobilien Kapitalanlage Purchaser Signa Property Funds
Sector Office Value £18.10 million Vendor IVG UK Ltd Purchaser SWIP
Sector Retail Value €90 million Vendor KanAm Purchaser Thor Equities
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KNIGHT FRANK 8 EUROPEAN CAPITAL MARKETS
KNIGHT FRANK EUROPEAN CAPITAL MARKETS
Seven Portfolio, The Netherlands Sector Office/Retail Value €140 million Vendor Axa Real Estate Purchaser PPF Real Estate
Chemin du Prè-Fleuri 3
265 Strand
New Century House
A selection of recent European capital markets Transactions Chemin du Pré-Fleuri 3, Geneva, Switzerland
265 Strand, London, UK
New Century House, IFSC, Dublin, Ireland
Sector Office Value £91.13 million Vendor Rockspring Purchaser Credit Suisse
Sector Office Value £77 million Vendor MPC Capital Purchaser NTT
Sector Office Value €30 million Vendor Private Consortium Purchaser Madison International
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KNIGHT FRANK 10 EUROPEAN CAPITAL MARKETS
KNIGHT FRANK EUROPEAN CAPITAL MARKETS
The Rocket
165-181 Kensington High Street
1 Grafton Street
54/56 rue Laffitte
88 Wood Street
Argos Distribution Centre
A selection of recent European capital markets Transactions The Rocket, Newcastle upon Tyne, UK
165-181 Kensington High Street & 1a Eden Close, London, UK
54/56 rue Laffitte, Paris, France
1 Grafton Street, London, UK
88 Wood Street, London, UK
Argos Distribution Centre, Stafford, UK
Sector Office Value £19.80 million Vendor Silverlink Holdings Purchaser AVIVA (LIME)
Sector Mixed Use Value £30.50 million Vendor PRUPIM Purchaser Private Chinese Investor
Sector Offices Value €24 million Vendor Allianz Purchaser Aviva
Sector Office/Retail Value £77.80 million Vendor Hines Purchaser Pembroke Real Estate
Sector Office Value c. £215 million Vendor NPS/Rockspring Purchaser KWAP/RREEF
Sector Industrial Value £26.80 million Vendor Rock Acton Gate LLP Purchaser Dimah Capital
KNIGHT FRANK 12 EUROPEAN CAPITAL MARKETS
11 KNIGHT FRANK EUROPEAN CAPITAL MARKETS
Woolgate Exchange
Príncipe de Vergara 112, Estébanez Calderón 3-5, Manuel de Falla 7 (Madrid), Spain Príncipe de Vergara 112, Estébanez Calderón 3-5, Manuel de Falla 7 (Madrid), Spain 272 High Holborn
Warsaw Financial Centre
A selection of recent European capital markets Transactions 272 High Holborn, London, UK
Woolgate Exchange, London, UK
Warsaw Financial Centre, Warsaw, Poland
Sector Office Value £54.70 million Vendor Private Irish Investor Purchaser Private Thai Investor
Sector Office Value £265 million Vendor Capita Asset Services Purchaser Ivanhoe Cambridge
Sector Office Value €210 million Vendor CA Immo and Pramerica Real Estate Investors Purchaser Allianz Real Estate & Tristan Capital Partners
Sector Office portfolio Value Confidential Vendor Hypothekenbank Frankfurt (Inmobiliaria Monteverde) Purchaser Värde Partners & Anchorage Capital
KNIGHT FRANK 14 EUROPEAN CAPITAL MARKETS
13 KNIGHT FRANK EUROPEAN CAPITAL MARKETS
Temple Row
The Light
Altaïr
The Fern Portfolio
Caledonian Exchange
TownTown
A selection of recent European capital markets Transactions Temple Row, Birmingham, UK
Altaïr, Clichy, France
The Fern Portfolio UK
TownTown, Vienna, Austria
Galahad Portfolio, Bristol, UK
Caledonian Exchange, Edinburgh
Sector Office/Retail Value £6.35 million Vendor Aberdeen Asset Management Purchaser EPIC
Sector Offices Value €23 million Vendor Union Purchaser Sofidy
Sector Industrial Value £32.26 million Vendor The Crown Estate Purchaser Knight Frank Investment Management
Sector Office Value €35 million Vendor Commerz Real Purchaser Bank Austria Real Invest
Sector Multi LeIndustrial Portfolio Value £25,95 million Vendor SEGRO Purchaser Commercial Estates Group
Sector Office Value Confidential Vendor Private Investor Purchaser BlackRock UK Property Fund
KNIGHT FRANK 16 EUROPEAN CAPITAL MARKETS
15 KNIGHT FRANK EUROPEAN CAPITAL MARKETS
The Peloton Portfolio Sector Multi-sector portfolio Value £114.4 million Vendor Aberdeen Asset Management on behalf of ReAssure Purchaser ELQ Investors II Limited (Goldman Sachs)
Bank of Ireland
250 Brook Drive
1 Finsbury Circus
A selection of recent European capital markets Transactions Bank of Ireland, Baggot Street Dublin, Ireland
250 Brook Drive, Reading, UK
1 Finsbury Circus, London, UK
Sector Office Value €40 million Vendor Bank of Ireland Purchaser Private Investor
Sector Office Value £19.50 million Vendor CIS Ltd (c/o AXA UK Real Estate Ltd) Purchaser Oxford Properties
Sector Office Value £152 million Vendor Invesco Real Estate Purchaser China Overseas Land & Investment
KNIGHT FRANK 18 EUROPEAN CAPITAL MARKETS
17 KNIGHT FRANK EUROPEAN CAPITAL MARKETS
30-40 St Vincent Place
Delin Portfolio
Toronto Square
Riverside Exchange
Tour Mercure
The Pavilions
A selection of recent European capital markets Transactions 30-40 St Vincent Place, Glasgow, UK
Tour Mercure, 31 quai de Grenelle, Paris, France
Riverside Exchange, Sheffield, UK
Delin Portfolio, The Netherlands
Toronto Square, Leeds, UK
The Pavilions Shopping Centre, Uxbridge, UK
Sector Office Value £8.77 million Vendor CBRE Global Investors Purchaser Allied Commercial Exporters Ltd
Sector Offices Value Confidential Vendor Gecina Purchaser Aviva
Sector Office Value £15.90 million Vendor Britannia InvesA/S c/o Cording Danmerc Ltd Purchaser Secretary of State for Communities and Local Government
Sector Logistics Value €77.88 million Vendor Private Investor Purchaser Delin Capital
Sector Office Value £29 million Vendor Highcross Purchaser M&G Real Estate
Sector Retail-Shopping Centre Value £64.50 million Vendor The Mall Fund Purchaser LaSalle Investment Management
KNIGHT FRANK 20 EUROPEAN CAPITAL MARKETS
19 KNIGHT FRANK EUROPEAN CAPITAL MARKETS
Winchester House, 1 GreaT Winchester Street, London EC2 Sector Office Value £245 million Vendor KanAm Grund Purchaser China Investment Corporation/Invesco
Hammer Strasse
Quattro House
Cineworld
A selection of recent European capital markets Transactions Hammer Strasse 30-34, Hamburg, Germany
Quattro House, Aberdeen, UK
Cineworld, Cardiff, UK
Sector Office Value €43 million Vendor Prime Office REIT-AG Purchaser Dundee Reit
Sector Office & Industrial Value £13.25 million Vendor Hamilton Portfolio Purchaser Lumina Real Estate
Sector Leisure Value £18.96 million Vendor Spectrum Asset Management Purchaser Henderson UK Property UniTrust
KNIGHT FRANK 22 EUROPEAN CAPITAL MARKETS
21 KNIGHT FRANK EUROPEAN CAPITAL MARKETS
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Over
330
The Americas
UK aFRICA eUROPE mIDDLE eAST
Asia pACIFIC
Offices In
48
Countries
property requirements. 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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