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Carlton brings in overseas investor for $1.7 billion recapitalization (US)

Macklowe Properties has completed the $1.7 billion recapitalization of the General Motors Building, one of the nation’s most prestigious office properties.The Carlton Group, led by Chairman Howar ...

Hammerson looking for new Chairman (UK)

UK property group Hammerson plc has appointed headhunters to find a replacement for Chairman Ron Spinney, according to a report in the Sunday Times.Spinney, who has been at Hammerson for over 10 years ...

C&W/H&B: investment in Scottish retail hits record level in 2004 (UK)

Investors’ appetite for Scottish retail property reached record levels in 2004 according to statistics just released by Cushman & Wakefield Healey & Baker (C&W/H&B) which show tha ...

Savills announces merger with Singapore´s Hampden Real Estate (UK)

Savills plc, a London-listed property firm, announced it plans to merge with Singapore´s Hampden Real Estate Pte Ltd.However, no financial details were available except that the deal will be tagged ...

Two Dutch schemes back real estate fund Altera (NL)

Physiotherapists’ fund SPF and the pension fund of Cindu International in the Netherlands have invested €22m in Altera Vastgoed, the €1bn private real estate fund has said.Altera said t ...

HOCHTIEF Construction erects shopping malls worth €270 million (DE)

HOCHTIEF Construction AG has further strengthened its position in the shopping center segment in Germany. In the last four months the company has acquired three major contracts in Hamburg and Lower Sa ...

Henderson Income offering strengthened (UK)

Henderson Global Investors has announced that the UK income funds within the OEIC fund range will be run by Henderson’s UK Value & Income team.This team already has an impressive track record ...

Appointment Pieter Hendrikse as General Manager Development (NL)

Mr Pieter Hendrikse has been appointed as General Manager Development of ING Real Estate Development as of 1 March 2005.At present Mr Hendrikse holds the position of General Manager Investment Managem ...

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