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ING Real Estate sells Czech shopping center to Australian investors (CZ)

ING Real Estate Development has sold its new shopping center Galerie Butovice in Prague to the Australian investors Babcock & Brown for an exit yield of 8.25%. The investment was a total of € ...

INREV launches Investment Intentions Survey 2005

INREV has published its Investment Intentions Survey 2005. The survey reports the investment intentions of INREV’s investor and fund manager members and focuses on investments in European non-lis ...

ICSC Europe Awards Winners Announced

During last night's glittering ICSC World Summit Gala Dinner held at the Ciragan Palace, Istanbul, on the winners of the 2005 ICSC European Shopping Centre and the Solal Marketing Awards were announce ...

Skanska sells four properties for SEK 1.1 billion, with a gain of SEK 550 M (SE)

Skanska sells four properties in the Stockholm area for SEK 1,091 M with a capital gain of about SEK 550 M. Buyer is the American investment bank The Blackstone Group. The capital gain will be reporte ...

Sacyr Vallehermoso buys Sufi Group (ES)

Sacyr Vallehermoso Group has bought the Sufi group, the leading Spanish independent company specializing in environmental services and in the water management. The transaction implies for SyV a signif ...

Cofinimmo acquires the remaining North Galaxy SA shares from Atenor, CDP and Dexia (BE)

Cofinimmo, the foremost Belgian listed real estate company specialised in office buildings, announced yesterday that, according to the agreement concluded on 08.12.2003 with Compagnie De Promotion SA, ...

CGI buys Forum Bornova for approximately 100 mln (TR)

Property developer AM NV (via its subsidiary MDC Turkmall) and real estate asset management company Commerz Grundbesitz-Investmentgesellschaft mbH (CGI) have signed the contract for the sale of the Fo ...

MLIM to run 12bn Philips pension assets (NL)

Electronics giant Philips is to outsource the management of its €12bn in Dutch pension assets to Merrill Lynch Investment Management in a move that will see 55 staff transfer to MLIM. Merrill Lyn ...

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