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ProLogis and AMB Property Corporation announce merger of equals (US)

AMB Property Corporation (NYSE: AMB) and ProLogis (NYSE: PLD) yesterday (January 31, 2011) announced a definitive agreement to combine through a merger of equals, creating the pre-eminent global owner ...

Pramerica to make investment in SEK 725-million Swedish residential strategy (SE)

Pramerica Real Estate Investors has announced the formation of a follow-on second joint venture with local partners Aros Management AB, for residential conversion and development in Sweden. In total t ...

WELPUT outshines peers in 2010 (UK)

The West End of London Property Unit Trust ('WELPUT'), managed by Schroders and advised by Grafton Advisors, has continued its strong performance record.WELPUT's total return for 2010 was 29.1% agains ...

HOCHTIEF Projektentwicklung sells specialist retail mall and service center (DE)

HOCHTIEF Projektentwicklung has sold the new specialist retail mall and service center on the Industrial Development West in the Hessian town of Friedberg. Hansainvest has acquired the complex for €2 ...

Jan Rosengren assumes new position at Newsec (SE)

In March, Jan Rosengren will assume a new position at Newsec as investment advisor. Newsec is northern Europe's only full-service company within the property sector with operations in seven countries ...

Turkey GRI 2011 gathers industry elite in Istanbul (TR)

Turkey GRI 2011 brought together leading international players and national decision makers who are driving the real estate business in Turkey on January 18, 2011, in Istanbul at the Ceylan Interconti ...

Global office market out of recession with positive rental growth

The global occupational office market recovered from the downward trend seen in 2009 to positive rental growth in 2010 according to the latest research data from Cushman & Wakefield. Stronger dema ...

BPT Asset Management launches new Baltic real estate fund (DK)

BPT Asset Management has launched a new fund, BPT Baltic Opportunity, which aims to invest in core real estate assets in the three Baltic countries. The new fund is the fourth BPT fund in the region.A ...

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