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El Corte Inglés to open 40,000 m² anchor store in Puerto Venecia in Zaragoza, Spain (ES)

Spain's biggest department store owner, El Corte Inglés, has signed up to join Spain's largest retail and leisure scheme, Puerto Venecia in Zaragoza, Spain. The El Corte Inglés department store will ...

Union Investment Real Estate continues diversification of its Asia portfolio (DE)

Newly-named Union Investment Real Estate AG (formerly DIFA) is forging ahead with its expansion strategy in the Far East. The Hamburg-based fund manager yesterday signed a binding contract of sale to ...

Multi Asset Management appoints new managers (NL)

Multi Corporation has appointed Arie den Hartog and Christiaan Steenbergen in the management of Multi Asset Management.Multi Corporation has appointed Arie den Hartog (45) managing director of Multi A ...

Blackrock buys premises in Glasgow (UK)

Blackrock International Land's 50:50 joint venture with Applecross Properties Ltd/Esk Properties Ltd will buy the 5.3 acre former broadcasting premises at Glasgow from BBC Scotland for €27 mi ...

Homburg Invest acquires additional units of Alexis Nihon REIT (NL/CA)

Homburg Invest announces that it has entered into a binding agreement to acquire 2,962,244 units of Alexis Nihon Real Estate Investment Trust.The transaction represents approximately 11% of the issued ...

TKP backs SLI's UK shopping center trust (UK/NL)

Standard Life Investements has secured the first overseas investor for its UK shopping center trust. TKP Investments, the Dutch pension fund manager has invested €52 million.Launched in 2005 ...

47-Story condo project to rise in Amsterdam (NL)

The tallest residential building in Amsterdam is planned to tower over the city skyline by 2010, according to Woontoren Amsterdam BV. Construction of the project is due to begin early 2008, with 382 u ...

Global investment market hits €491bn mark

Global investment volumes in commercial property rose by 33% last year to reach a record €491bn according to new report published by global real estate consultant Cushman & Wakefield. Al ...

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