Dutch developer AM has announced it has signed a letter of intention for the takeover of peer De Wilgen Vastgoed in a move designed to strengthen AM's position in the Randstad conurbation in the west of the Netherlands. AM, which is a developer of homes, town centres, malls and offices centres, said it expected the takeover to be finalised soon.
Private asset management company Kryalos has completed the acquisition of a light industrial property in Rome, through its Mars fund.
