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CGI acquires Manhattan Mall New York

For its new fund hausInvest global, Commerz Grundbezitz Group (CGI) has acquired the Manhattan Mall in New York. The building has a surface of 91,000 m², 53,000 m² of which is a fashion center and 4 ...

ABP takes part in Slough Estates

The Dutch pension fund ABP has taken a 4% part in British Slough Estates. The fund bought nearly 17 million shares with a total worth of £ 76,5 million (€ 115 million). This makes ABP one of the bi ...

BPF withdraws from Zakencentrum WTC development in Almere (NL)

BPF Bouwinvest has withdrawn from the development and realization of the central part of Zakencentrum WTC (Business Center WTC) in Almere, where about 100,000 m² of office space is planned. BPF has ...

Brascan extends Canary Wharf offer period

Canadian property group Brascan Corp said it has extended the offer period for Canary Wharf Group plc to Friday, 23 April.Brascan, which is bidding via vehicle CWG Acquisition and is supported by form ...

AM's Management Board to be strengthened

AM NV (formerly Amstelland MDC) is expanding its Management Board. At the General Meeting of Shareholders on 6 May, the Supervisory Board will announce that Jaap Gillis, Coen van Oostrom and Peter Rui ...

Aareal Bank forms subsidiary in Asia

Aareal Bank is opening a subsidiary in Singapore this month, thereby expanding its international presence to Asia for the first time. Aareal Financial Services (Singapore) Pte. Ltd. will focus primari ...

British BAM subsidiaries Nuttall and HBG Construction to forge closer links

Royal BAM Group is strengthening the position of its UK companies by bringing closer together its civil engineering and construction operations to provide further added value through investment, proje ...

Profits grow at C&W/H&B by more than 16 per cent

The turnover of Cushman & Wakefield Healey & Baker (C&W/H&B), which operates the European division of global real estate firm Cushman & Wakefield, grew by 5.4 per cent last year to ...

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