FRANKFURT-A German open-end fund linked to DB Real Estate sells a mixed portfolio to SITQ for euros 500 million ($632.8 million). The sale follows a continued outflow of capital from investors.

DUBAI-State run organizations unveil plans for the world's largest hotel-development project and the world's biggest airport. Total investment is expected to hit $60 billion.

DUBAI-State run organizations unveil plans for the world's largest hotel-development project and the world's biggest airport. Total investment is expected to hit $60 billion.

LONDON-Private owners of the head office of the Bank of Scotland, which is located here, put the asset on the market at a yield of 4%. Strong demand from British funds and overseas investors has driven down real estate yields.

LONDON-Private owners of the head office of the Bank of Scotland, which is located here, put the asset on the market at a yield of 4%. Strong demand from British funds and overseas investors has driven down real estate yields.

BAHAMAS-Kerzner International is to go private in a $3.2-billion deal. The management buy-out is lead by Kerzner chairman Sol Kerzner and chief executive Butch Kerzner, and backed by some of the world's biggest property investors including Istithmar PJSC, Whitehall Street and Goldman Sachs. This is the second time in six years executives have sought to take the company private.

BAHAMAS-Kerzner International is to go private in a $3.2-billion deal. The management buy-out is lead by Kerzner chairman Sol Kerzner and chief executive Butch Kerzner, and backed by some of the world's biggest property investors including Istithmar PJSC, Whitehall Street and Goldman Sachs. This is the second time in six years executives have sought to take the company private.

SYDNEY-Westfield is weighing a possible bid either for Mills Corp. or for some of its assets.