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ABN AMRO reaches agreement in principle on sale Bouwfonds (NL)

ABN AMRO has reached an agreement in principle to sell the property and asset management activities of its Bouwfonds subsidiary to Rabobank for €845 million. The transaction concerns Bouwfond ...

Millennium Business Center, Bucharest, Romania, sold for €36.5 million (RO)

Millennium Business Center, Romania's tallest steel-structured building, has been bought by British investment fund European Convergence Property Company, managed by Charlemagne Capital, one of the la ...

CBRE: record levels of investment in Barcelona offices (ES)

A record total of €1.02 billion worth of office investment transactions were completed in the first half of 2006 in Barcelona, which is higher than the annual total in some previous years. Th ...

Carlyle names Daniel Cummings as Senior Advisor; to focus on international real estate (US)

Global private equity firm The Carlyle Group has announced that Daniel W. Cummings, formerly a Carlyle Managing Director, has been named a Senior Advisor for international real estate investments. In ...

NAI apollo opens office in Cologne (DE)

NAI apollo, owner-managed real estate consulting firm with specialization on commercial real estates, expands further and opens today, August 1st, 2006 an office in Cologne."The Cologne office market ...

Capital & Regional Board change (UK)

Capital & Regional plc, the co-investing property asset manager, has announced the appointment of Philip Newton as a non-executive director with effect from 28 July 2006. Philip Newton is the form ...

ING Clarion acquires partnership interest in apartment complex in Chino Hills, California (US)

ING Clarion has announced that it has acquired a partnership interest in the Missions at Chino Hills, a 240-unit class-A suburban luxury apartment complex in Chino Hills, California, for approximately ...

Morgan Stanley Real Estate announces first investment in Russia (RU)

Morgan Stanley Real Estate's Special Situations Fund III ('Special Situations') today announced that it has acquired a stake of approximately 10% in RosEuroDevelopment ('RED'), a real estate developme ...

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