Effective 30 January 2009 (from 07:00 am), DEGI, part of Aberdeen Property Investors, will end the suspension of redemptions for its DEGI INTERNATIONAL fund, which has been in effect since the end October 2008.
31 Oct 2008 DEGI
suspends redemption of fund shares
DEGI Deutsche Gesellschaft
fÃ¼r Immobilienfonds mbH, part of Aberdeen Property Investors, has suspended the redemption of shares for the funds DEGI EUROPA
and DEGI INTERNATIONAL with immediate effect.
, part of Aberdeen Property Investors, has recently acquired "Espace Orban", a fully let office complex in Brussels, for an investment volume of around EUR 90 million.
The properties have been purchased indirectly through property companies and will be added to the DEGI INTERNATIONAL open-ended real estate fund, which focuses on global commercial properties.
The seller is General Electric Real Estate France.
22 Sep 2008 DEGI's
investment in Prague hits 400 million euros
DEGI funds extends its engagement in Eastern Europe
Following two purchasing phases in the last months, DEGI
, part of Aberdeen Property Investors, has acquired further buildings in "The Park", a business park complex in Prague.
This brings the total investment volume in the business park to around 400 million euros.
The properties have been purchased indirectly through property companies and will be added to several open-ended property funds managed by DEGI
02 Sep 2008 DEGI INTERNATIONAL makes first investment in Japan
, part of Aberdeen Property Investors, has completed its first investment in Japan by signing the sales contract for the fully let retail property "La Porte Shinsaibashi" in Osaka.
The property, purchased indirectly through a real estate company for 90 million euros, will be added to the DEGI INTERNATIONAL open-ended property fund, which focuses on commercial properties worldwide.
28 Aug 2008 DEGI
invests 167 million Euros in Poland
, part of Aberdeen Property Investors, has strengthened its position in Eastern Europe by signing a sales contract for the "Marynarska Business Park" in Warsaw for 167 million euros.
The property has been acquired indirectly by a real estate company and will be added to the DEGI INTERNATIONAL open-ended property mutual fund, which focuses on international commercial property.
The seller is the international project developer Ghelamco
26 Aug 2008 DEGI EUROPE RETAIL acquires building in Frankfurt
DEGI EUROPE RETAIL purchases building in Zeil, Frankfurt's main retail street.
has acquired the fully let commercial building, Zeil 127, in Frankfurt am Main for over 30 million euros.
The property was sold by Nassauische Sparkasse (NASPA), which will remain in the building as a long-term tenant.
was advised in this transaction by Kempers Jones Lang LaSalle Frankfurt.
22 Aug 2008 Further investment for DEGI INTERNATIONAL in Prague
, part of Aberdeen Property Investors, has completed its second investment in Prague by signing the purchase agreement for the fully let mixed-use complex "Andel Palace" in Prague.
The purchase price amounts to around 57 million euros.
The property has been purchased indirectly through a real estate company, and will be added to the DEGI INTERNATIONAL open-ended property fund, which focuses on commercial properties worldwide.
12 Aug 2008 DEGI Research presents a comprehensive study of the Asian market
As part of the "Property Management Trends" series, DEGI, a company of Aberdeen Property Investors, in Frankfurt today unveiled a comprehensive analysis of the Southeast Asian property markets and their investment opportunities.
28 Jul 2008 DEGI
invests 80 million euros in Canada
A few days ago, DEGI
, part of the Aberdeen Property
Investors Group, signed the purchase agreement for the "Petroleum Plaza" office building in Edmonton, Canada, for around â‚¬80 million.
02 Jul 2008 DEGI
invests 40 million euros for DEGI GERMAN BUSINESS
latest investment: specialist retailing centre in Andernach.
Part of the Aberdeen Property
Investors Group, DEGI
today announced the signing of a purchase agreement for the "Andernach Shopping World", involving a total investment of around 40 million euros.
27 Mar 2008 Aberdeen
completes acquisition of DEGI
Aberdeen Asset Management PLC
('Aberdeen') is pleased to announce that its wholly-owned subsidiary, Aberdeen Property
Investors Holding AB , has completed its acquisition of DEGI Deutsche Gesellschaft
fur Immobilienfonds MbH
("DEGI"), a leading German-based property investment management company.
has been acquired from Dresdner Bank
for a cash consideration of â‚¬110 million (approximately Â£86.2 million) following approval from BaFin, the German financial authority.
21 Dec 2007 Aberdeen
strengthens German operation with acquisition of DEGI
Aberdeen builds on an established presence in Germany and reinforces its position as a leading property fund manager in the European market, while DEGI finds the right international partner for its continued growth.