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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 ...

Skanska sells three properties in Copenhagen region for DKK 717 M (SEK 870 M) (SE/DK)

Skanska Project Development Sweden is selling the Kalvebod Brygge 43-45 and Nansensgade 19 properties in Copenhagen and the Baltorpvej 154-158 property in Ballerup to the Norrporten real estate compan ...

Tornet sold 11 properties (SE)

Fastighets AB Tornet has sold eleven properties for a total price of SEK 374 million. The capital gain will be SEK 44 million, of which approximately SEK 28 million affects Tornet’s income for 20 ...

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