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CGI to forward fund £270m Belfast retail scheme

CGI, the German open-ended fund, is to forward purchase AM ´s (formerly Multi Development Corporation) Victoria Square shopping centre in Belfast for £270m.The 807,300 sq ft scheme, w ...

JLL reports $1.4m net loss

Jones Lang LaSalle has reported a net loss of $1.4m for the second quarter of 2003. The figure represents a fall in comparison with the same period last year, when JLL recorded a profit of $3.5m, alth ...

Public-Private Partnership for Nieuwe Hollandse Waterlinie

The Netherlands Ministry of Agriculture, Nature and Food Quality, Staatsbosbeheer (National Forest Service), ING Real Estate, Grontmij Advies & Techniek and AM Wonen have jointly started a feasibi ...

Still no recovery on Dutch officemarket

The demand for officespace has drastically declined in the first half year of 2003 in the most important Dutch officecities. This can be concluded from the Dutch City Reports, the quarterly report by ...

Relocation is the dominant factor in German office property market

According to information from international property consultancy DTZ, the number of empty properties in the four major office property centres in Germany has risen again in the first six months of 200 ...

Broadhurst to stand down as JLL European Chairman

Robin Broadhurst, the European Chairman of Jones Lang LaSalle, is to leave the company at the end of this year, after 30 years at the firm.Broadhurst joined Jones Lang Wootton in 1969, became a partne ...

British Land to buy API for half the original price

British Land is reportedly on the verge of acquiring Aberdeen Property Investors, the real estate arm of Aberdeen Asset Management, for less than £45m - half the price previously mooted.The pri ...

HVB Real Estate and Westfälische Hypothekenbank poised to merge - Major step toward new Hypo Real Es

HVB Real Estate Bank AG in Munich and the Dortmund-based Westfälische Hypothekenbank are set to merge. The link-up will be consummated in November 2003 by merging the Westfalische Hypothekenban ...

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