Dutch construction company Volker Wessels and Shanghai Construction Group have set up a 50-50 joint venture to develop the European China Centre in Rotterdam. The 100,000 m[sup]2[/sup] mixed-use complex is expected to cost around EUR 300mln and is due for competion in 2011.
European real estate asset manager Primonial REIM has appointed Jean-Luc Néez as its new CFO and deputy managing director.
