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ING Real Estate and Raycom set up joint venture partnership in Changsha, China (NL/CN)

ING Real Estate today announced it has entered into a joint venture partnership with Raycom, a wholly-owned real estate subsidiary of Legend Holdings. ING Real Estate has invested US$22.4 mill ...

AXA REIM completes its first portfolio acquisition in Scandinavia (FR)

AXA Real Estate Investment Managers (AXA REIM) has confirmed that it has completed on behalf of the European Retail Income Venture (ERIV), the landmark acquisition of a portfolio of retail assets in S ...

JM acquires development project in Finland (FI)

The municipial executive board of Kervo in Finland has decided to sign an agreement with JM Suomi Oy regarding a land acquisition in Kytömaa, north of Helsinki. The acquisition indicates the start fo ...

Orco Property Group has opened Luxembourg Plaza in Prague (LUX/CZ)

Orco Property Group has officially opened its key commercial project in the Czech Republic - Luxembourg Plaza office building. This modern complex is located in an attractive area of Prague 3, close t ...

Deka Immobilien sells shopping center Diagonal Mar in Barcelona (DE/ES)

Deka Immobilien Investment GmbH has sold the Diagonal Mar shopping center in Barcelona for approximately €300 million to investors represented by Quinlan Private, an Irish property company." ...

Slough Estates announces Nigel Rich as Chairman Designate (UK)

International property group, Slough Estates plc, is pleased to announce that Nigel Rich will be joining the Board as a non-executive director and Chairman Designate on 1st July 2006. He will become C ...

McArthurGlen to expand into Germany (UK/DE)

McArthurGlen has announced that it has taken over the management and leasing of the B5 Outlet Centre at Brandenburg, near Berlin, Germany. The move is a two-fold first for McArthurGlen: it is the comp ...

Tornet sells twelve properties in Gothenburg (SE)

Tornet, a subsidiary of Fabege, has sold twelve properties in Gothenburg for approximately 45 million (SEK 380 million).The properties are sold through a company, resulting in an after-tax gain of app ...

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