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Teesland plc and Insight Investment, acting on behalf of Clerical Medical, have established a new fund for investing in student accommodation, called the UK Prime Student Fund. Initial investors in th ...

ING Real Estate starts new French/Belgian fund

ING Real Estate has launched the new non-listed real estate fund ING Retail Property Fund France Belgium for institutional investors. Through this closed-end fund they can invest in shopping centers i ...

Ahold 2003 sales amount to Euro 56.1 billion

Ahold today announced consolidated net sales for 2003 (52 weeks through December 28, 2003) of Euro 56.1 billion, a decline of 10.5% compared to Euro 62.7 billion generated in 2002. The overall impact ...

'Giovanni Batista' in German hands (FR)

Pirelli & C. Real Estate (PRE) has sold the ‘Giovanni Batista’ building in Saint-Maurice (France) for the amount of € 38 million to the German fund Europroperty, of which TMW is the exclusiv ...

F

The large Munich project ´Fünf Höfe´ has been sold for a purchase price clearly below € 300 mln to DIFA Deutsche Immobilien Fonds AG from Hamburg.The in March last year completed shopping- and o ...

Encouraging signs for the London City office market (UK)

Take-up in the City of London is expected to jump 20% to more than 4m sq ft this year as firms within the Square Mile begin hiring once again, according to new forecasts from Jones Lang LaSalle. JLL†...

Manhattan office vacancies stabilize in 2003 led by strong sublease and renewal activity (US)

Cushman & Wakefield today released fourth quarter statistics for the Manhattan office market that indicate the overall vacancy rate stabilized in 2003, led by substantial subleasing activity and l ...

Annual profit in real estate for the tenth year in a row (NL)

The listed Dutch real estate funds have had a very good year with a total return of 20% despite the negative developments in the market. The question is whether the rent proceeds will remain high enou ...

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