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ING Clarion in JV to buy Manhattan office building for $70m (US)

ING Clarion Partners, LLC has acquired a substantial ownership interest in a mid-town Manhattan office building. Located in the Grand Central submarket, the 132,964-ft² office building is own ...

Resolution sells Berlin properties for Blackstone (DE)

Resolution GmbH, a subsidiary of the Colonia Real Estate group, has sold part of Blackstone's property portfolio, hitherto held under its asset management programme. The three Berlin properties on adj ...

SEB Asset Management launches Asian fund (DE)

SEB Asset Management is driving forward its strategic expansion in Asia's real estate markets by launching its first Asian real estate special fund. The 'SEB Asian Property Fund SICAV-FIS' (LU03043825 ...

Hill International appointed Construction Managers for Mall of Arabia project (UAE)

City of Arabia, the landmark project at the heart of Dubailand, has appointed Hill International as Construction Managers for the much anticipated mega shopping complex, Mall of Arabia, one of the wor ...

Sales to start for EuroSelect 14 The Gherkin (UK/DE)

IVG has announced that sales are to start for the EuroSelect 14 "The Gherkin" with equity to be placed of £156.3 million (c. €215m). With this fund, investors can invest in a unique ...

Kungsleden invests in retirement homes in Germany (DE/SE)

Kungsleden AB (publ) has signed a collaboration agreement with Residenz Gruppe of Germany regarding the construction of eight retirement home properties in Germany. The first building will be complete ...

Hammerson buys shopping center in Angers, France, for £44m (FR/UK)

Hammerson has exchanged contracts to acquire an interest in Grand Maine, a 22,000-m² shopping center in Angers, Maine et Loire, for a total consideration including costs of £44 million (& ...

Behringer Harvard completes Netherlands office acquisition (NL/US/DE)

Behringer Harvard and its German co-investment partner HCI Capital AG have acquired two highly visible office buildings at Overschiestraat 63 and 65 in Amsterdam, the Netherlands. Built in 1992, the a ...

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