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Niam appoints Kjell Sagstad as CIO to its Acquisitions team (SE/NO)

Niam has recruited Kjell Sagstad to its Acquisitions team as Chief Investment Officer. He will be based in Oslo, and be part of Niam's investment council. Sagstad was formerly CEO of Norgani, a quoted ...

Westfield enters into two transactions (AU/US)

The Westfield Group (ASX: WDC) has announced that it has entered into two transactions. The first being an agreement to acquire two shopping centers in the Miami, Florida trade area: Broward Mall in P ...

AREF: continued investor confidence in pooled property funds (UK)

AREF, the Association of Real Estate Funds, has launched its third Investment Quarterly ('AREF IQ'), which examines trends in the £60 billion (c. €82bn) unlisted property funds indus ...

ING Real Estate closes €400m loan facility for Foncière Europe Logistique (FR/NL)

ING Real Estate has closed a €400 million loan facility to Foncière Europe Logistique. The borrower will use the loan to fund the acquisition of a logistics property portfolio by ProLogis, c ...

Skanska awarded £150m contract in London (UK/SE)

Skanska has been awarded the contract to construct the Walbrook office and retail development in central London. The contract amount totals £150 million (c. €206m) and will be includ ...

Züblin builds second building in Airport City in Düsseldorf (DE)

Züblin Development GmbH is building its second building on the Airport City complex in Düsseldorf. The new property with the name 'LeCiel' is the second engagement of Züblin at the airport after ...

Plaza Centers executes agreement for sale of Arena Plaza in Budapest (HU/IL/UK)

Plaza Centers N.V. has executed a binding agreement for the sale of its Arena Plaza shopping and entertainment center in Budapest to UK based Active Asset Investment Management ('aAIM'), one of the UK ...

Warimpex and Vienna International finalize entry onto Romanian market (RO/AT)

Warimpex Finanz- und Beteiligungs AG has completed its entry onto the Romanian market, closing the acquisition of the Sky Gate hotel in Bucharest effective 8 August 2007. Warimpex now owns 99.98% of S ...

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