We apply ab initio quantum chemical methods to calculate correlation e
ffects on cohesive properties of NiO, thereby extending a recently pro
posed scheme to transition-metal oxides with partially filled d bands.
We obtain good agreement with experiment for the cohesive energy and
show that the deviation of the lattice constant at the Hartree-Fock le
vel is mainly due to van der Waals-like interactions. Correlations enh
ance the stability of the magnetic ground state found at the Hartree-F
ock level.