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LaSalle Investment Management announces acquisition of Forbury Court, Reading (UK)

On behalf of a pension fund client, LaSalle Investment Management (LaSalle) has announced the acquisition of Forbury Court, Reading. Forbury Court is a 13,300 ft² Grade A office within close proximi ...

HausInvest global invests € 200 million in the US (DE/USA)

Just days ago, Commerz Grundbesitz-Investmentgesellschaft mbH (CGI) acquired the Riverfront Plaza office complex in Richmond for hausInvest global, the open-ended property fund it manages. The price o ...

ING Clarion venture agrees to buy Gables Residential Trust (NL/USA)

ING Clarion Partners, a wholly-owned subsidiary of Amsterdam-based ING Group, announced today that it has formed a private equity joint venture to purchase Gables Residential Trust, a U.S.-based real ...

Aareal Bank AG sells non-performing loan portfolio with an aggregate volume of approx. € 690 million (DE)

Aareal Bank AG has sold a portfolio of nonperforming loans with an aggregate volume of approx. € 690 million (including € 107 million in interest and fees) to Lone Star. Aareal Bank thus reduced its ...

Alfred Vos joins AMB Property Corporation as Senior Vice President, Director of Project Development for Europe (NL)

AMB Property Corporation has appointed European distribution industry and real estate specialist Alfred Vos as Senior Vice President, Director of Project Development for Europe, responsible for direct ...

Westfield Group expands portfolio in New York (AU/USA)

The Westfield Group has announced it has agreed to acquire a 100% interest in the Sunrise Mall in Massapequa, New York for US$143 million of which approximately US$55 million will constitute new Westf ...

FADESA acquires property company in France (ES/FR)

FADESA continues to implement its plans for expansion into other European countries with the acquisition of Financière Rive Gauche, a French company set up in 1991 that is prominent in the property m ...

Minerva secures option to develop 'The Walbrook' in London (UK)

Minerva plc has announced that it has restructured its property interests with Barclays Bank at St Swithin's House and Granite House which will enable Minerva to secure vacant possession for the redev ...

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