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General Growth Properties and The Rouse Company announce agreement (US)

General Growth Properties, Inc. announced the execution of a definitive merger agreement with The Rouse Company. Under the terms of the agreement, which has been approved by each company´s B ...

DIFA to buy Orange´s empty HQ for

The German fund, DIFA, is reportedly in talks with Chelsfield over the £120m acquisition of The Point building at Paddington Basin. The Point comprises 235,000 sq ft of office space and is let to the ...

Pirelli RE and Morgan Stanley Real Estate Fund signed binding joint venture agreement (IT/UK)

Pirelli RE and The Morgan Stanley Real Estate Funds (MSREF) have signed a binding agreement aiming at the realization of a joint venture for the acquisition and management of non-performing loans, whi ...

ING Real Estate acquires an industrial premise in Seville (ES)

ING Real Estate Southern Europe has acquired, in the month of July 2004, a logistic industrial premise of 42.000 m², in Dos Hermanas (Seville). The industrial premise is located in Industrial Area Ca ...

AMB Property Corporation announces appointment of Lydia H. Kennard as New Independent Director (US)

Global distribution facilities developer and owner AMB Property Corporation today announced that Lydia H. Kennard has been appointed to the company´s board of directors. Kennard is one of ei ...

CBRE publishes Global Market Rents MIB Q2 2004

London´s West End remains the most expensive office location in the world. At US$ 149 /sq ft/annum, the occupation cost of top quality office in the West End is 26% higher than in the second most exp ...

KFN books a total result of € 15.8 million (NL)

Dutch real estate investor KFN has ended the first half year of 2004 with a total result of € 15.8 million (2003: 14.2 million) according to expectations. In a percentage of the net assets, KFN real ...

Shopping center Bluewater now worth

The value of Bluewater, the UK’s largest shopping center, has risen 13% to £1.6bn over the past year, according to the Australian developer, Lend Lease.Lend Lease, which owns just over 30% of the s ...

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