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Aareal Italy Fund acquires shopping centre in Trieste (IT)

The Aareal Italy Fund has completed the acquisition of the ´Il Giulia Shopping Centre´ in Trieste in a deal of almost €40 million. The deal takes the core-plus fund´s investments to over ...

ABP's Frijns to join executive committee PGGM (NL)

The board of PGGM has appointed Mr. Jean M.G. Frijns as advising member of the executive committee Investments of PGGM per July 1, 2005. Mr. Frijns will be director of investments of ABP until April 1 ...

Oil & Vinegar to expand in the US and South Africa (NL)

The Dutch franchise organization Oil & Vinegar has announced that it will open 135 stores over the next three years in the United States and South Africa. Oil & Vinegar currently has over 100 ...

Aareal Bank finances purchase of Berlin residential portfolios by the Cerberus Group (DE)

Aareal Bank is providing the Cerberus Group with a loan amounting to a three-figure million sum for the purchase of two residential portfolios in Berlin. The portfolios comprise a total of 2,700 resid ...

AM and Bouwfonds Property Finance acquire IBM site in Amsterdam for redevelopment (NL)

AM Vastgoed and Bouwfonds Property Finance have purchased a 5.3 hectare site in the Riekerpolder business district of Amsterdam from IBM Nederland.They plan over time to transform the site, which is c ...

Cushman & Wakefield Healey & Baker launches Hotel Advisory Services in Portugal (PT)

Recognising the growing importance of tourism â€" and especially the hotel sector â€" within the Portuguese economy, global real estate consultant Cushman & Wakefield Healey & Baker (C&am ...

Pirelli RE and Deutsche Bank fund set up real estate joint-venture (IT)

Pirelli & C Real Estate SpA said it reached an agreement with Deutsche Bank AG´s fund DB Real Estate Global Opportunities IB to set up a joint venture specialising in retail and entertai ...

Kingfisher to open first Castorama outlet in Russia in 2006 (RU)

Kingfisher PLC said it is going to open its first Castorama outlet in Russia in 2006.Castorama is the home improvement retailer´s French chain. Kingfisher also operates under the Brico Depot ...

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