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Successful initial closing ING Real Estate European Industrial Fund (NL)

On 31 December, ING Real Estate Investment Management closed its second pan-European industrial fund. The launching portfolio amounts to approximately €200 million and consisting of four prop ...

VastNed Retail acquires inner city development in Tongeren (BE/NL)

Intervest Retail, a 72.5% subsidiary of VastNed Retail, has signed a purchasing contract for the Julianus shopping centre located in Tongeren, Belgium, of approximately 8,900 m². The developer and ve ...

Hines' UK chairman steps down (US/UK)

Hines' top man in the UK, Philip Lewis, has left the firm after five years, returning the reins to the company's European/Middle East chief. Philip Lewis stepped down at the end of 2005. Hines' execut ...

Early statistics for Central London office activity in 2005 revealed-a new cycle has begun! (UK)

Early statistics from global property adviser DTZ reveal that the gulf between take-up and availability in Central London is significantly shrinking. According to provisional data from DTZ Research, ...

Pirelli RE and Morgan Stanley acquire mega portfolio from BNL (IT)

Pirelli RE and Morgan Stanley Corporate Credit Group, specialized in the purchase and management of corporate credits, have successfully acquired a portfolio of mortgage and corporate loans of BNL wit ...

NCC to build housing in Hammarby Sjöstad for SEK 221 million (SE)

NCC Construction Sverige has been commissioned by Riksbyggen to build 137 apartments at Hammarby Sjöstad in Stockholm. The order is worth SEK 221 million and the first apartments are expected to be r ...

Hammerson signed leases at two recently refurbished office buildings in London (UK)

Hammerson plc has signed leases at its two recently refurbished office buildings, 18 & 19 Hanover Square, London W1, following which both buildings are fully let. At 18 Hanover Square, Avanta Mana ...

LaSalle Investment Management completes sale of St James Centre, Edinburgh (UK)

LaSalle Investment Management, on behalf of Coal Pension Properties Limited, has sold The St James shopping center in Edinburgh to private Irish investors for £169.32 million, equating to an ...

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