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Teesland Advantage buys Birmingham retail park (UK)

Teesland Advantage Property Income Trust has acquired Trident Retail Park in Birmingham for €6.33 million (£4.57 mln.)The acquisition reflects a net initial yield of 3.38% and a net reversio ...

AMB appoints Jeroen Smit as vice president, asset operations Europe (NL)

AMB Property Corporation, a global developer and owner of industrial real estate, announces that its affiliate, AMB Property Europe B.V., has appointed European commercial real estate specialist Jeroe ...

Halladale disposes of Baytree Shopping Centre (UK)

Halladale Group Plc sells The Baytree Centre ("Baytree") in Brentwood, Essex, to property fund O Twelve Estates Ltd for €57.5 (£41.6 mln). The price reflects a net initial yield of 4.78 per ...

Intervest Offices divests five office buildings (BE)

Intervest Offices has obtained an agreement in principle to disinvest the office buildings Zaventem, Lozenberg 15/18/23 (Airway Park), Zaventem, Weiveldlaan 41 (Atlas Park), Leuven, Interleuvenlaan 15 ...

Successful closing of the ING Property Fund Central and Eastern Europe (PL)

ING Real Estate Investment Management (ING REIM) announces the closing of the ING Property Fund Central and Eastern Europe, an unlisted investment vehicle with an infinite lifetime, targeted investmen ...

AXA sells Winterthurs US operations to QBE Insurance Group for €920 million (US)

AXA has announced that it has reached an agreement with QBE Insurance Group for the sale of Winterthur's US operations for US$1,156 million (€920 million). In addition, Winterthur US ...

aAIM Group acquires six Principal Hotels for £270 million from Permira (UK)

International property investor and fund manager aAIM has made its largest acquisition to date with the purchase of six upper four star hotels in landmark buildings situated in prime locations in key ...

Paul Bacon appointed CEO of Cushman & Wakefield EMEA (UK)

Paul Bacon officially became Chief Executive Officer of Cushman & Wakefield EMEA operations on 1 January 2007, commencing a new era of leadership in the region for the global real estate services ...

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