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Dutch building scheme backs Aareal fund (NL/DE)

The Dutch building workers pension scheme has committed equity on behalf of two pension fund clients to a real estate fund run by Aareal. BPF Bouwinvest, which runs the property portfolio of Bedrijfst ...

Land Securities Trillium selected by DVLA as preferred bidder for property outsourcing contract (UK)

Land Securities announces that its property outsourcing business, Land Securities Trillium, has been selected as the preferred bidder for a proposed property outsourcing deal with DVLA.DVLA is set to ...

ING Real Estate Finance expands internationally (IT/AUS)

ING Real Estate Finance expands the office organization with two new offices: one in Italy and one in Australia.Mr. Massimiliano Rossi has been appointed as Managing Director ING Real Estate Finance I ...

Carlton brings in overseas investor for $1.7 billion recapitalization (US)

Macklowe Properties has completed the $1.7 billion recapitalization of the General Motors Building, one of the nation’s most prestigious office properties.The Carlton Group, led by Chairman Howar ...

Hammerson looking for new Chairman (UK)

UK property group Hammerson plc has appointed headhunters to find a replacement for Chairman Ron Spinney, according to a report in the Sunday Times.Spinney, who has been at Hammerson for over 10 years ...

C&W/H&B: investment in Scottish retail hits record level in 2004 (UK)

Investors’ appetite for Scottish retail property reached record levels in 2004 according to statistics just released by Cushman & Wakefield Healey & Baker (C&W/H&B) which show tha ...

Savills announces merger with Singapore´s Hampden Real Estate (UK)

Savills plc, a London-listed property firm, announced it plans to merge with Singapore´s Hampden Real Estate Pte Ltd.However, no financial details were available except that the deal will be tagged ...

Two Dutch schemes back real estate fund Altera (NL)

Physiotherapists’ fund SPF and the pension fund of Cindu International in the Netherlands have invested €22m in Altera Vastgoed, the €1bn private real estate fund has said.Altera said t ...

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