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JPMorgan announces acquisition of Harenberg City-Center in Dortmund, Germany (DE/UK)

JPMorgan Asset Management - Real Estate (Europe) has announced that a fund advised by it has acquired the Harenberg City-Center in Dortmund, Germany, from Hannover Leasing GmbH & Co. KG. The 18-st ...

Hines sells InPost, 66-70 Avenue Charles de Gaulle in Neuilly-sur-Seine to ING REIM (FR/US/NL)

Hines has announced that it has sold InPost, located at 66-70 Avenue Charles de Gaulle in Neuilly-sur-Seine, Paris, to ING Real Estate Investment Management. Terms of the sale were not disclosed. Hin ...

GE Real Estate sells 5 Savile Row, London, in £51-million transaction (UK)

GE Real Estate UK has sold 5 Savile Row, London, W1 to ING Central London Fund for £51.4 million (approx. €71 mln) reflecting a net initial yield of 4.15% after expiry of rent free p ...

EUROFFICE Fund oversubscribed (EUR)

IXIS AEW Europe/Curzon has announced the third and final closing of the Euroffice Fund that brings the total size of the Fund to €350 million. Euroffice is a core office fund that invests in ...

AM appoints Renée Hoogendoorn as Managing Director area development (NL)

Per 1 June 2007, ir. Renée Hoogendoorn (49) will join AM as Managing Director area development. In addition, she will become Deputy Director of AM Grondbedrijf. As Managing Director Strategische Proj ...

Dawnay, Day Group announce their first US property acquisition (US/UK)

Dawnay, Day Group London based, diversified international financial and property Group, has announced that it has acquired one of the largest property collections in Manhattan, New York close to the a ...

Jones Lang LaSalle opens office in Turkey (TU/UK)

Jones Lang LaSalle has opened an office in Turkey and has won the property management and leasing contract at the country's largest shopping center, the 346,000-m² Istanbul Cevahir retail and ...

Aareal Bank sells portfolio of SPLs and NPLs to Merrill Lynch (DE/US)

Aareal Bank has sold another portfolio of sub- and nonperforming loans (SPLs/NPLs) to Merrill Lynch's Global Principal Investments ("ML GPI"). The parties have agreed not to disclose the terms of the ...

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