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LaSalle and PRUPIM form Asia's first open-ended property fund

Two of the world's leading property fund managers, PRUPIM and LaSalle Investment Management, have teamed up to form the Asia Property Fund, an open-ended pan-Asia Pacific fund for institutional invest ...

Delta signs letter of intent for development at Holzhalbinsel Rostock city (DE)

Delta Immobilienentwicklung, the German division of Delta Development Group, has sealed a 'letter of intent' with the city of Rostock (WIRO) concerning the development of approximately 30.000 m&#1 ...

Wereldhave completes purchase of office building in San Diego (US/NL)

On June 28, 2007 Wereldhave completed the purchase in the United States of an office building in downtown San Diego, totalling 35,200 m², with 12 apartments, 1,400 m² of retail space ...

BRIC travellers to trigger mid-market and budget hotel growth across Europe (EUR)

The mid-market and budget hotel sector is set to benefit most in the next few years as travellers from some of the largest emerging markets - Brazil, Russia, India and China, the so-called 'BRIC count ...

Sven Mathijssen appointed General Manager at ING Real Estate (NL)

ING Real Estate has announced that Sven Mathijssen (46) has been appointed General Manager at ING Real Estate Development effective 1 September 2007. He will be responsible for the French, Italian and ...

Westfield establishes £530m wholesale fund in UK (UK/AU)

The Westfield Group (ASX: WDC) has announced the establishment of a £530 million wholesale fund to own interests in four Westfield shopping centers in the United Kingdom with a gross value of ...

DAMAC launches The Corner at Business Bay (UAE)

DAMAC Properties has announced the launch of 'The Corner', a commercial development at the heart of Business Bay. The 19-story tower will feature state-of-the-art office spaces as well as retail and r ...

Crane Survey gives Birmingham a lift (UK)

Development in UK second city Birmingham is booming with the skyline boasting the highest number of cranes since the turn of the Millennium, according to the latest research by international property ...

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