CAPE TOWN-The 1.5-million-sf mixed-use development trades for $1.3 billion in what is being touted as the country's largest deal ever.

TORONTO-Paul Reichmann resigns from the Toronto-based REIT's board and his family company terminates its management contract with the company.

TORONTO-Paul Reichmann resigns from the Toronto-based REIT's board and his family company terminates its management contract with the company.

LONDON-Park Hill brings a string of top professionals on board for its new hedge fund unit.

LONDON-Park Hill brings a string of top professionals on board for its new hedge fund unit.

LONDON-The fund manager acquires the specialist construction and development company John Laing--which specaializes in public/private partnerships--for euro 1.3 billion ($1.67 billion).

LONDON-The fund manager acquires the specialist construction and development company John Laing--which specaializes in public/private partnerships--for euro 1.3 billion ($1.67 billion).

BRUSSELS-REIT Cofinimmo and the Belgian government plan a new joint venture company with euro 1.2 billion ($1.5 billion) of state assets. The JV will be listed on the stock exchange next year.