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Developers Inter Commerce to develop shopping center in Białystok, Poland (PL)

Developers Inter Commerce are to start the development of a shopping center on ul. Hetmańska in Białystok in late September. In two weeks the company will announce the tender for the ...

MIL Equity Partners increases size of Eastern European Commercial Real Estate Fund (US/EUR)

MIL Equity Partners, L.P. earlier this week announed that its Fund I was increased to over US$100 million. When MIL Equity Partners L.P. announced the formation of its Eastern European commercial real ...

ING Group first-half net profit rises 25.0% to €3,492 million (NL)

Solid performance in first half 2005 with returns improving in both banking and insurance: Net profit per share increases 20.4% to €1.61 from €1.33 in first half 2004, Profit before tax excluding im ...

TK Development enters agreement with EUROPOLIS regarding estka shopping centre (CZ)

TK Development has entered into an agreement to sell and develop the Šestka shopping center in Prague, the Czech Republic. The sales price is about €70 million (about DKK 522 million), based on a re ...

Aareal Bank Group publishes results for the first half of 2005 (DE)

Aareal Bank Group consolidated net income after minority interests was €30 million for the first six months of 2005, up 15.4% from the same period of the previous year."The results for the first half ...

IVG remains on success track: significant increase in earnings (DE)

With its half-year result, IVG Immobilien AG remains on success track. Compared to the first half of 2004, EBIT improved this year from €65.3 to currently €87.5 million. Earnings after interests and ...

Sponda Plc's interim report January-June 2005 (FI)

Summary of six-month result (comparison period January-June 2004): total revenue increased to €51.9 (50.1) million, operating profit improved to €29.1 (16.5) million due to growth in the values of S ...

Sonae Sierra has a new project in Italy (PT/IT)

Sonae Sierra and ING Real Estate Develoment have just established a partnership (50%/50%) for the development of a new shopping and leisure center in Spezia, Italy. It's scheduled to open to the publi ...

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