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Tornet is selling property in Stockholm (SE)

Fastighets AB Tornet sells the property Björns Trädgård 3 in Stockholm for a price of SEK 204 million (approx. €23 million). The purchase price exceeds the book value as at 31 March 2005 by SEK 13 ...

Dr Georg Reul to become deputy member of Management Board IVG (DE)

With effect from 1 August 2005, the IVG Supervisory Board has appointed Dr Georg Reul (38) as a deputy member of the Management Board. Georg Reul will have particular responsibility for the funds busi ...

PSP Swiss Property takes over a real estate portfolio valued approx. CHF 230 million (CH)

The purchase of 35% of GFG Gesellschaft für Grundeigentum ("GFG"), Zurich, by PSP Swiss Property Ltd, Zug, represents the first step in the acquisition of a prime real estate portfolio. The transacti ...

Impregilo: Rights issue comes to successful close, with subscription of 99.36% of total offer (IT)

Impregilo S.p.A. announced the results of its share capital increase at the close of the rights offer to Impregilo shareholders on up to 324,956,544 ordinary shares, for a value of €649,913,088.The o ...

First exhibition of APREA in Singapore

At the Real Estate Investment World 2005 from 27 June – 29 June at the Grand Hyatt Singapore the Asian Public Real Estate Association (APREA) exhibited its offerings for the first time.The APREA is t ...

INREV launches updated Index for European property fund performance (EUR)

INREV has published its updated 2004 performance index for non-listed European property funds building on the original INREV index which was launched in April this year.INREV and IPD have surveyed an ...

LaSalle Investment Management wins Nationwide mandate (UK)

LaSalle Investment Management ("LaSalle") are pleased to announce their appointment by the Nationwide Pension Fund ("Nationwide") to build and manage a £100 million direct property portfolio.LaSalle ...

Burger King Ltd. appoints C&W/H&B as sole real estate advisor in UK (UK)

BURGER KING® announced the appointment of Cushman & Wakefield Healey & Baker as its sole retained real estate agent in the UK. C&W/H&B's mandate is to provide consultancy and profess ...

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