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CGI buys 50% stake in Chelsfield’s White City redevelopment

Chelsfield has confirmed that the German fund, CGI, is to take a 50% stake in the long-awaited White City retail development, in a deal that values the site alone at £203m. Under the terms of t ...

Karl-Heinz Seibert appointed to the managing board of Siemens Real Estate

There’s a new face on the managing board of Siemens Real Estate (SRE), with Karl Heinz Seibert set to join existing members Prof. Peter Niehaus (Chair) and Dr. Jochen Scharpe from 1 Sep ...

ProLogis raises additional 637 million Euro ($689 Million) of private equity capital to support expa

Second financing for ProLogis European Properties Fund adds 1.8 billion Euro ($1.9 billion) of investment capacity, bringing ultimate fund size to over 4.5 billion Euro ($4.9 billion). ProLogis today ...

2003 semi-annual report of Macintosh Retail Group

In the first six months of 2003, Macintosh Retail Group achieved turnover of EUR 383.1 million, compared with EUR 370.3 million in 2002 (+ 3.5%). Turnover from continuing activities rose by 7.4%. Desp ...

Heijmans: Enhanced focus in a difficult market

Heijmans N.V. (construction, property development and related activities) has just gone through a turbulent first half year. Changed economic conditions, political instability and restructurings are p ...

ING Real Estate to launch new £250m fund

ING Real Estate is to launch a new fund, to be known as the Osiris Pension Fund Pooling Scheme, with a target size of £250m. Osiris will provide UK pensions funds with access to the property ma ...

REIT buys £102.75m Maidstone shopping centre

The Stoneborough Trust, a joint venture between Prudential Life Fund and Shell Pensions Trust, has sold the 542,000 sq ft Chequers shopping centre in Maidstone to REIT Asset Management for £102 ...

Hanze Vast buys two office towers for € 80 mln.

Hanze Vast Beleggingen has bought the office buildings Kronenstede (11.000 m²) in Amstelveen and Amstelpoort (22.000 m²) in Amsterdam on behalf of the closed real estate fund â€à ...

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