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Morgan Stanley sets out Canary Wharf vision

Songbird, the Morgan Stanley-led consortium that is taking over Canary Wharf, has laid out its strategy for the future of the 97-acre Docklands estate.The consortium, which last Friday finally succeed ...

Institutional interest for Central Europe Fund AM

Several pension funds are showing interest to invest in the Central Europe Fund of developer AM. That was affirmed by the Chief Financial Officer Ton Beekman of AM to Dow Jones news service.Since the ...

City of Hamburg sells real estate on large scale (DE)

The local authorities of Hamburg (Germany) intend to sell their real estate on a large scale. With the estimated yield of € 1.6 billion, the city wants to clear off its budget deficiency.The municip ...

Pillar Property plans

Pillar Property, the property investment and development company and retail park operator reported a 31.4 pct increase in pretax profit for the year to March and net asset value up 16 pct to 603 pence ...

Gecina acquires 112,000m

On May 25, GECINA completed the acquisition of a portfolio of office properties, buying out the entire capital of the companies that owned these buildings from Standard Life Investment, represented by ...

Presentation of masterplan Belv

On May, 26 the municipality of Maastricht, ING Real Estate and BPF Bouwinvest - on behalf of BPF Bouw - presented the masterplan Belvédère. With 280 hectare the plan Belvédère is the largest and o ...

Two thirds of the Aareal EuroLogistics Fund already placed

Aareal Bank has placed around two thirds of its Aareal EuroLogistics Fund, launched last year, with institutional investors. The Fund is investing around €500 million in selected logistical property ...

Brixton lets last two units at Basingstoke business park

Brixton plc said it has agreed to let the last two remaining units, totalling 36,924 sq ft, at Antura on Kingsland Business Park, Basingstoke to United Drug (UK) Holdings Ltd.The lease is for a term o ...

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