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Cofinimmo's net current result per ordinary share (€ 4.87) reinforces the announced forecasts for the year 2006 (BE)

The tendencies observed on the Belgian office real estate market in 2005 have not much evolved during the 1st half of 2006. The rental market is still characterised by a fairly weak take-up (283,774m ...

Sustainable solutions and step change in EC Harris service delivery for Merton (UK)

The London Borough of Merton has appointed EC Harris as its partner for the property maintenance consultancy services to manage its corporate property portfolio, which includes office buildings, socia ...

Aareal Bank Group publishes results for the first half of 2006 (DE)

Aareal Bank Group consolidated net income after minority interests was € 51 million for the first six months of 2006. This corresponds to an increase of €6 million – or 13% - over the same period o ...

Société de la Tour Eiffel invests in new peripherial office quarter (FR)

STE are forward funding a new office and retail project in the North East of Paris at the Porte des Lilas. The developer Nexity will retain a minority stake in the project. Porte des Lilas is the focu ...

Nordic Real Estate Partners acquires properties in Finland for €24 million (FI)

Nordic Real Estate Partners (NREP) has acquired four retail and logistics/warehouse properties and in addition signed a pre-contract for a new development of a logistics terminal with one of its strat ...

Deutsche EuroShop purchases shopping center in Gdansk (PL/DE)

Deutsche EuroShop has acquired a 74% interest in the Galeria Baltycka in Gdansk, Poland. The proportional investment volume amounts to around €123 million, with an initial yield of 6.8%. As a ...

Hines and Bell Family to develop mixed-use development in North Carolina (US)

Hines, the international real estate firm, has announced that it has formed a joint venture with the Bell Family of Southern Pines, North Carolina, to develop Pine Needles Village, a 550-plus-acre mas ...

VastNed Offices/Industrial acquires office building in Utrecht for €25.6 million (NL)

VastNed Offices/Industrial has acquired an office building on 650-698 and 700-748 Arthur van Schendelstraat in the center of Utrecht, the Netherlands, for €25.6 million at a net initial yield ...

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