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Westfield establishes £530m wholesale fund in UK (UK/AU)

The Westfield Group (ASX: WDC) has announced the establishment of a £530 million wholesale fund to own interests in four Westfield shopping centers in the United Kingdom with a gross value of ...

DAMAC launches The Corner at Business Bay (UAE)

DAMAC Properties has announced the launch of 'The Corner', a commercial development at the heart of Business Bay. The 19-story tower will feature state-of-the-art office spaces as well as retail and r ...

Crane Survey gives Birmingham a lift (UK)

Development in UK second city Birmingham is booming with the skyline boasting the highest number of cranes since the turn of the Millennium, according to the latest research by international property ...

Keops sells properties in Norway at NOK 660 million (DK/NO)

Keops A/S is selling the Norwegian part of the Nordic Light portfolio at NOK 660 million (approx. € 77 million). The acquirer is a company in the Norwegian group, Otium Gruppen, and acquisiti ...

Eurocommercial Properties expands in Sweden and France (NL/SE/FR)

Eurocommercial Properties N.V. (ECP) yesterday announced the acquisition of two retail properties in Sweden and one in France for a total cost of €151 million.Sweden The larger of the two Swe ...

UK government must back institutional investment in residential property says BPF (UK)

The British Property Federation (BPF) has backed a pledge by the UK's incoming prime minister, Gordon Brown, to plug Britain's housing crisis by getting behind the private rented sector.Promising to e ...

Invesco portfolio purchase spans three countries (UK/FR/BE/ES)

Invesco Property Income Trust Limited has acquired a €95 million pan-European multi-building portfolio consisting of five properties spanning three countries - France, Belgium and Spain. This ...

Sjælsø Gruppen sells office project of approx. DKK 350 million to PFA (DK)

Sjælsø Gruppen has concluded agreement with PFA Pension about the sale of an office project with a project value of approx. DKK 350 million (approx. € 34 million). The construction will be ...

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  • GES exits Dutch market with Rotterdam terminal sale to Tepsa
    GES exits Dutch market with Rotterdam terminal sale to Tepsa
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