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ING buys 49% interest in 900 Third Ave.(NY) for $107.7m

Australia´s ING Office Fund makes its first foray into the US market by acquiring a 49% interest--50% voting interest--in 900 Third Ave. Completed in 1984, the property has a total net renta ...

Goldman Sachs to bid for Canary Wharf

Goldman Sachs Group Inc´s real estate fund has emerged as one of three bidders expected to submit final offers for Canary Wharf Group PLC, the London Docklands property company, at the end o ...

Hammerson sells German Shopping Centre for £71.98 million

Hammerson has sold the Luisencenter shopping centre in Darmstadt, Germany to open-ended fund Difa, for £71.98 million.The German fund will pay Hammerson £67 million on the handover of th ...

CBRE hit by Scottish planning defection

CB Richard Ellis´s entire Scottish planning team has resigned, in the biggest defection to hit the recently-merged firm to date.The departed employees were all inherited from CB Hillier Park ...

Bidders line up for London Dome construction contract

Laing O´Rourke and Sir Robert McAlpine, the two builders of the Millennium Dome, are competing for the contract to transform the failed attraction into a £100m sports and entertainment a ...

Victor Rijssen holds 98.7% of VolkerWessels Shares

Victor Rijssen B.V. ('Victor Rijssen') and Koninklijke Volker Wessels Stevin N.V. ('VolkerWessels') announce that Victor Rijssen has acquired a stake of 7.1% in VolkerWessels from an institutional inv ...

ING Group reports on first six months 2003

Results pick up supported by stock market recovery and tight cost control: Operating net profit EUR 2,068 million, +6.4% above first six months 2002, per share EUR 1.04 (+4.0%) Banking operating net p ...

CBRE Q2 2003 research shows economy delays real estate market recovery

The continued failure of countries in the EMEA region to show any sign of a sustained economic recovery is delaying recovery of the officemarkets. Especially in Europe, companies are putting off decis ...

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