DekaBank plans to merge four of its open-ended property investment funds into two funds from October 1 as part of a streamlining operation designed to make the funds broader and more robust, the German bank said on Tuesday. Deka-ImmobilienFonds will be incorporated into Deka-ImmobilienEuropa and WestInvest 1 will be integrated into WestInvest InterSelect.
Westland Shopping Centre in the Brussels neighbourhood of Anderlecht may be up for sale, according to Belgian media reports.
