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Redevco buy 4/5 Lochside View on Edinburgh Park for 16.21m (UK)

Property investment company Redevco UK has recently acquired 4/5 Lochside View on Edinburgh Park from Merrill Lynch Investment Managers for £16.21m. Let to Oracle, Convergys and WSP, the building com ...

Carlyle in advanced talks to buy Occidental Hoteles for 900m (ES)

Risk capital fund Carlyle is in advanced talks to acquire hotel chain Grupo Occidental Hoteles for about 900 mln eur, El Pais reported citing unnamed sources. According to El Pais, Carlyle has drafted ...

Befimmo presents its interim report at 30 June 2005 (BE)

Befimmo has presented its results of the first six months of 2005. The highlights are: overall real estate value remained stable book value of €65.59 per share dividend forecast was confirmed The fl ...

Hammerson Half Year Results (UK)

Hammerson plc, the property company, saw first half pre-tax profits jump 21.6% to £247.3m reporting that its adjusted net asset value per share was £10.36 against £9.45 a year earlier. The group i ...

UK Universities scheme backs Fprop with 50m (UK)

The £20bn Universities Superannuation Scheme, the UK’s second largest pension fund, has awarded a £50m mandate to property asset manager First Property Group. The capital will be invested i ...

Hines signs Kirkland & Ellis to 600,000-sq-ft lease (USA)

The Chicago office of Hines has announced that the international law firm of Kirkland & Ellis LLP has signed a 600,000-ft² lease, and will serve as the anchor tenant for 300 North LaSalle, a new ...

Brixton buys in Birmingham (UK)

Brixton plc has simultaneously acquired two freehold interests in the Hayward Industrial Estate, Orton Way, Castle Bromwich, Birmingham, for a total consideration of £4.1m, reflecting a net initial y ...

HVB Group presents its interim report at June 30, 2005 (DE)

HVB Group has presented its interim report at June 30, 2005. Overall, HVB Group recorded good financial performance in the second quarter 2005, despite unfavorable conditions in the capital markets. A ...

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