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Two thirds of the Aareal EuroLogistics Fund already placed

Aareal Bank has placed around two thirds of its Aareal EuroLogistics Fund, launched last year, with institutional investors. The Fund is investing around €500 million in selected logistical property ...

Brixton lets last two units at Basingstoke business park

Brixton plc said it has agreed to let the last two remaining units, totalling 36,924 sq ft, at Antura on Kingsland Business Park, Basingstoke to United Drug (UK) Holdings Ltd.The lease is for a term o ...

Pillar Property plans

Pillar Property, the property investment and development company and retail park operator reported a 31.4 pct increase in pretax profit for the year to March and net asset value up 16 pct to 603 pence ...

Gecina acquires 112,000m

On May 25, GECINA completed the acquisition of a portfolio of office properties, buying out the entire capital of the companies that owned these buildings from Standard Life Investment, represented by ...

Aberdeen Asset Management sells its UK and Continental European property investment management busin

Aberdeen Asset Management PLC (”AAM”) announced on 5 April 2004 that it had conditionally agreed to sell its UK and Continental European property investment management businesses to Arlington Secu ...

Presentation of masterplan Belv

On May, 26 the municipality of Maastricht, ING Real Estate and BPF Bouwinvest - on behalf of BPF Bouw - presented the masterplan Belvédère. With 280 hectare the plan Belvédère is the largest and o ...

Spain has largest developmental supply of retail space

The largest addition of retail space in absolute sense is to be expected in Spain. In 2004 and 2005, almost 1.9 million m² of retail space is in the pipe line in Spain. After Spain come Italy (+1.7 m ...

Oppenheim set for

The German fund manager, Oppenheim, is poised to make its first foray into the West End market with the £27m acquisition of 111 Strand, WC2.The 40,000 sq ft building was developed by City & West ...

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