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Citycon becomes sole owner of Myyrmanni shopping center (FI)

Citycon Oyj has acquired the remaining 26 per cent holding in the Myyrmanni shopping center and in addition to that the Valtari shopping centre in Kouvola at a debt-free purchase price of approx. & ...

Kungsleden starts search for a new Chief Executive (SE)

After 13 years, Jens Engwall has announced his intention to leave his position as Kungsleden's Chief Executive. The search for his successor has begun. Mr. Engwall will remain in his position until mi ...

ECE's Stadt-Galerie Hameln construction sign revealed (DE)

The realization of ECE's Stadt-Galerie Hameln can begin: Hamelns Lord mayor Klaus Arnecke has revealed the construction sign for the €90 mln project on the Pferdemarkt on Thursday 12 January. ...

GTC plans €500 million investments by end-2008 (PL)

Poland's publicly listed property developer Globe Trade Center (GTC) plans to invest at least €500 million by the end of 2008, mainly in the development of offices and shopping centers.GTC in ...

Homburg Invest expands interest in DIM Vastgoed (USA/NL)

Homburg Invest now controls the voting rights of approximately 24%of the shares of DIM Vastgoed N.V. (DIM). The major shareholders of DIM, Partex East B.V. and Partex West B.V., have committed to sell ...

New Finnish property fund attracts €45 million (FI)

Aberdeen Property Investors has attracted €45 million for the first closing of its new Finnish property fund. The investment has come from pension funds, institutions and corporations such a ...

AMs annual result in line with expectations (NL)

AM NV closed 2005 in line with the previously announced profit forecast. Operating income for 2005 is expected to be some € 1.4 billion. AM anticipates an operating profit of €135–1 ...

Hotel investors will look East in 2006 (UK)

Hotel investors predict that Eastern European markets will give their more established peers in Western Europe a run for their money on trading performance this year says a report by Jones Lang LaSall ...

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