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Westfield Group to acquire interest in WTC New York retail facilities (US/AU)

The Westfield Group (ASX: WDC) has announced that it has entered into a Letter of Intent with The Port Authority of New York and New Jersey to reacquire an interest in the retail premises at the World ...

DEGI invests around €21m in hypermarket in Dorsten (DE)

The property fund company DEGI Deutsche Gesellschaft f

Belgium Aluminium & Glass Industries invests AED 80 mln. in new factory in Abu Dhabi (UAE)

Belgium Aluminium & Glass Industries (BAG), one of the UAE's largest service provider for the fabrication and installation of aluminium, glazed structures and decorative metal work, has announced ...

Hines and CalPERS acquire ING campus in Minneapolis (US/NL)

The Minneapolis office of Hines has announced the acquisition of a three-building office campus totaling 989,004 ft², as well as a seven-level parking garage, from ING North America Insurance ...

ING Real Estate announces the acquisition of the Merikortelli building in Helsinki (FI)

ING Real Estate announced the acquisition of the Merikortelli building in the Helsinki city center for

Kenmore and Revcap submit planning application for 650,000-ft² business park (UK)

Kenmore Property Group, in a joint venture with Revcap and Ark Continuity Limited, has submitted a planning application to North Wiltshire District Council for a 650,000-ft² business and tech ...

Rezidor appoints first female Mid East GM (UAE/BE)

Brussels-based The Rezidor Hotel Group has appointed its first female General Manager in the Middle East with Cornelia Erhardt taking the helm at Radisson SAS Residence, Dubai Marina

King Sturge sees 9% price drop (UK)

King Sturge predicts that commercial property prices could drop more than 9% in 2008, adding to already significant drops in value over the past six months.King Sturge's 2008 forecast indicates that c ...

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