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Ærium completes sale of 40 Portman Square in £181 million transaction (UK)

European Fund Manager, Ærium, has completed the sale of 40 Portman Square in London's West End. The sale price is £181 million (approx. €213.7 million), reflecting a net initial yield of 5.57%, an ...

AIG selects CB Richard Ellis to provide facilities and project management services for global portfolio

CB Richard Ellis Group, Inc. (NYSE: CBG) has announced that it has been selected by American International Group, Inc. (AIG) to provide facilities, project management and advisory services for AIG's g ...

Savills advises IVG Institutional Funds on €28 mln. office sale (ES/DE)

Savills has advised IVG Institutional Funds in the sale of an exclusive office building. The five-story office building comprises approximately 4,000 m². ...

Banimmo finalizes new acquisition (FR/BE)

Banimmo has finalized on December 3, 2010, a new acquisition in the retail segment in France. The acquisition relates to two units of 12,000 m² that are part of a retail center in Ile-de-France.This ...

Knight Frank: Global house price recovery loses steam

Liam Bailey, Head of Residential Research, Knight Frank, comments: "There is a positive story to take from the latest results of the Knight Frank Global House Price Index. For the first time since lat ...

CB Richard Ellis Investors announces acquisition of Belfast retail warehouse investment (UK)

CB Richard Ellis Investors, the global real estate investment management firm, has announced the purchase of Shore Retail Park, Newtownabbey, Belfast on behalf of a pension fund.The property comprises ...

Wereldhave Belgium purchases ING RED Belgium portfolio (BE)

Wereldhave Belgium has reached agreement with ING Real Estate Development on the acquisition of the largest part of ING's Belgian development portfolio, including the transfer of employees of ING Real ...

VastNed Retail acquires 17 retail properties in Spijkenisse city center (NL)

Pan-European retail property fund VastNed Retail has acquired 17 shops in Spijkenisse, near Rotterdam, for €13.1 million including purchase costs. Spijken ...

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