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AMB completes first equity raise of €263m for AMB Europe Fund I (EUR/US)

AMB Property Corporation® (NYSE:AMB) has announced the formation of AMB Europe Fund I, FCP-FIS, a Euro-denominated open-end commingled fund that will invest in distribution facilities near high-volum ...

Merger will double Jones Lang LaSalles India business (IN)

Jones Lang LaSalle and one of the largest privately held real estate services companies in India, formerly known as Trammell Crow Meghraj, have agreed to combine operations. The merger gives Jones Lan ...

Statuto Group buys Herald Square building in New York (US/IT)

Statuto Group has announced the purchase of Herald Square building in Manhattan, New York. The 103,000 ft² mixed-use building comprises both office and retail space. DTZ originated the deal, ...

VDHG sells residential project in Poznań (PL)

Von der Heyden Development, the service consultancy arm of Von der Heyden Group, has announced that Von der Heyden Group has sold the residential project Maraton Gardens in Poznan to the Spanish devel ...

CGG reinforces management with Hans-Joachim Kühl (DE)

Commerz Grundbesitz Group (CGG) will reinforce its management to include Hans-Joachim Kühl (39) who will join the Board of Managing Directors as of 1 July 2007. Kühl's tasks will specifically includ ...

Construction begins on AED 8 bln Capital Centre in Abu Dhabi (UAE)

Abu Dhabi National Exhibitions Company has announced that construction has recently started on the Capital Centre development in Abu Dhabi, an AED 8 billion (approx. €1.5 bln) business and re ...

HSH Nordbank and Aurelius Capital launch European real estate mezzanine fund (DE)

HSH Nordbank AG and Aurelius Capital Management have established a joint venture under the name of Aurora Real Estate Partners. The aim of the newly created platform is to establish and manage a portf ...

Aberdeens European Shopping Property Fund acquires shopping center in the Netherlands (NL/UK)

Aberdeen Property Investors announces that one of its Pan-European funds, Aberdeen European Shopping Property Fund, has acquired an inner city shopping center, 'Scheepjeshof', for €34 million ...

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