ING Real Estate Development (ING RED) is pulling out of its 3W project management unit with the sale of 12 development projects in the Dutch provinces of Limburg and Brabant to VolkerWessels. In a joint statement issued by ING RED, Volker Wessels and 3W, the companies said that the management firm will independently continue to operate from June 1 under the name of 3W New Development.
Private real estate holding Global Holdings Group has acquired mixed-use asset 10 Great Pulteney Street from fashion retailer Boohoo.
