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Union Investment Real Estate expands shopping center portfolio in Italy (DE/IT)

Union Investment Real Estate GmbH has added another Italian property to its €4.5 billion international retail portfolio. The Hamburg-based property fund manager acquired the 9,830-m² gallery of the ...

ING REIM Dutch funds continue to outperform benchmarks in 2010 (NL)

The Dutch real estate funds of ING Real Estate Investment Management ('ING REIM') continue to beat their benchmarks in 2010. The Dutch flagship funds – ING Dutch Office Fund, ING Dutch Residential Fu ...

P3 appoints George Aase as new CFO (CZ)

PointPark Properties (P3) has announced the appointment of George Aase as the company's new Chief Financial Officer. As of March 1, 2011 George Aase replaces James Riddell, who retired at the end of 2 ...

CBRE: European real estate debt market to remain tight in 2011 (EU)

The European real estate debt market will continue to tighten over 2011, as lenders exercise caution and become even more selective in who they lend to, driven by a combination of both long- and short ...

Savills brokers New York's largest retail condominium deal for Inditex's Zara flagship store (US)

Spanish retailer Inditex SA (ITX), represented by Savills, has acquired the former NBA Store at 666 Fifth Ave. in Manhattan for US $324 million (approx. €232 million), in a record deal for a US retai ...

MIPIM event: 'Cross-border investment opportunities in real estate' (FR/US/NL)

On Tuesday March 8, 2011 at 15.00, North American real estate investors and Dutch pension fund investors and asset managers will discuss current and future real estate market investment opportunities ...

Henderson Global Investors and Royal London Asset Management swap £40 mln. of London assets (UK)

Henderson Global Investors, on behalf of its Central London Office Fund I, and Royal London Asset Management (RLAM), have sold their respective interests in 12-13 Henrietta Street and Bishops Court, A ...

AXA Real Estate acquires 20 Gresham Street on behalf of one of its clients (UK)

AXA Real Estate Investment Managers announces that it has completed the acquisition of 20 Gresham Street, a 240,000-ft² (an approx. 22,300-m²) fully-let, high-quality office space, in the City of L ...

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