JOHANNESBURG-The new Africa real estate fund intends to develop shops and offices to meet a growing demand from international tenants.

JOHANNESBURG-The new Africa real estate fund intends to develop shops and offices to meet a growing demand from international tenants.

TORONTO-Netherlands-based ING buys out Summit REIT, which goes private in a deal totalling C$C3.37 billion ($3.96 billion). It reflects a 17.9% premium on yesterday's share price.

TORONTO-Netherlands-based ING buys out Summit REIT, which goes private in a deal totalling C$C3.37 billion ($3.96 billion). It reflects a 17.9% premium on yesterday's share price.

SYDNEY-GPT Group follows other Australian investors with its intention to sell some of its European and US properties held jointly with Babcock & Brown.

SYDNEY-GPT Group follows other Australian investors with its intention to sell some of its European and US properties held jointly with Babcock & Brown.

SYDNEY-Macquarie Office Trust intends to sell mature assets, including Boston's One Liberty Square, and reinvest the proceeds elsewhere.

SYDNEY-Macquarie Office Trust intends to sell mature assets, including Boston's One Liberty Square, and reinvest the proceeds elsewhere.