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Carrefour announces a property transaction in Eastern Europe and Turkey

Carrefour has signed an agreement with AERIUM group to sell 13 shopping malls and sell and leaseback 19 hypermarkets in Poland, the Czech Republic, Slovakia and Turkey. At the end of 2004, the group t ...

MN Services' real estate head Stouthamer quits (NL)

Erwin Stouthamer, head of international real estate at asset liability manager MN Services, has left the company, it emerged yesterday. Stouthamer is the second real estate executive to leave the firm ...

Westfield Group expands portfolio in Chicago Illinois (AU)

Westfield announced that it has acquired a 100% interest in the Chicago Ridge shopping center in Chicago Ridge, Illinois, a suburb of Chicago, for US$108 million at a yield of 8.0%.The mall is a 833,4 ...

Land Securities Trillium and Barclays Bank agree new property outsourcing deal (UK)

Land Securities announces that its property outsourcing business, Land Securities Trillium, has agreed an innovative new property outsourcing deal with Barclays Bank (´Barclays´).The transaction ...

ING Real Estate buys Paris shopping center from AM (FR)

AM (formerly Amstelland MDC) has signed a contract to sell its La Vache Noire shopping center in Paris to ING Real Estate. Work has started on this 50,000 m² project, which will cost more than ₠...

Cofinimmo buys property in Tournai (BE)

Cofinimmo announced the acquisition on 31.12.2004 of a building in Tournai, offered for sale by Sopima, a company belonging to the Belgian Federal State.This building, which was built in 1996, compris ...

Henderson Retail Warehouse Fund Passes £1 Billion Milestone (UK)

Henderson Global Investors has announced that its Retail Warehouse Fund, managed by Andrew Friend, has passed the £1 billion investment milestone.Launched in July 2001 with funds of £180 million ...

Morgan Stanley and Pirelli RE acquire portfolio of non performing loans from BNL (IT)

Morgan Stanley Real Estate Funds (MSREF) and Pirelli RE together with the Special Situations Group (SSG) of Morgan Stanley announced the purchase of a portfolio of mortgage and corporate loans from BN ...

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