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HVB sells ailing real estate finance portfolios with a volume of €1.8 bn to Goldman Sachs (DE)

Bayerische Hypo- und Vereinsbank AG has sold ailing real estate loans with a total volume of about €1.8 billion to Goldman Sachs on the basis of an auction procedure. The parties have agreed ...

IVG Immobilien presents Q3, 2005 results (DE)

In the first nine months, IVG increased consolidated earnings after taxes by 67% to €55.9 million (3Q/2004: 33.5). Operating earnings before interest and taxes (EBIT) rose to €140. ...

Rodamco Europe reports 5.2% increase in direct result after tax in first nine months 2005 (NL)

Rodamco Europe is continuing its good results in the first nine months 2005. Based on the current standards and interpretations of International Financial Reporting Standards (IFRS), direct result aft ...

Shaftesbury proposed joint venture with the Mercers Company (UK)

Shaftesbury PLC announces that it has agreed, subject to shareholder approval, to establish a joint venture with the Mercers' Company. Shaftesbury and the Mercers' Company (together the "JV Partners") ...

Chris Lewis moves to Cordea Savills (UK)

Chris Lewis is joining Cordea Savills in January 2006 to work on growing the UK business. His position will be Director, UK Fund Management. Chris has spent the last five years at La Salle Investment ...

Stephan Bub to become a member of the Management Board of Hypo Real Estate Holding AG (DE)

Stephan Walter Bub (47) will join the Management Board of Hypo Real Estate Holding AG as of 1 December 2005. He will be responsible in the Management Board of the holding company for Public Finance an ...

SEB ImmoPortfolio Target Return Fund invests in southern France (DE)

SEB Immobilien-Investment GmbH has acquired two office projects in Toulouse and in Aix en Provence for its open-ended real estate fund, SEB ImmoPortfolio Target Return Fund. The seller of both buildin ...

Mascha van Vuuren en Diederik van Hoogstraten appointed at Abl2 (NL)

As of December 1, Mascha van Vuuren and Diederik van Hoogstraten will be appointed by Ballast Nedam and TCN Property Projects as directors of the new companie Abl2. Van Vuuren takes the position of Ma ...

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