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Santander-Banif Property Fund buys the Edificio España from Metrovacesa for 277.2 million (ES)

Fund Manager Santander Activos Inmobiliarios through Santander Central Hispano Banif Inmobiliario FII fund, has bought 50% of the Edificio España, located in Madrid's Plaza de España, from Metrovace ...

Green light for Berenice Office Fund from Pirelli RE (IT)

Pirelli RE SGR announces that, having filed the relevant documents with the CONSOB and Borsa Italiana, the Offering Circular for the Public Offering of shares in the "Berenice – Office Fund – a Clos ...

Irish and Dutch schemes in German real estate move (DE)

Irish and Dutch pension funds are among the backers who've put $140m (€116.2m) into a German residential real estate venture called DeWAG. Prudential Real Estate Investors said it had raised the cash ...

DTZ also active in Switzerland (CH)

In line with DTZ's aim to be a complete and pan-European service provider, DTZ has signed agreements with Brolliet in Geneva and Seitzmeir in Zürich. Both companies will continue as DTZ Switzerland.B ...

Leasinvest Real Estate sells long term lease receivables of rue de Trèves (CBD) in Brussels (BE)

During the financial year 01/07/2003 - 30/06/2004, Leasinvest Real Estate has entered into a long term lease with purchase option, with the European Union, for a duration of 27 years, concerning the b ...

Rugby Estates shareholders approve takeover rule (UK)

Rugby Estates plc said its shareholders have approved a waiver of the takeover rules that would require Chairman David Tye to make a mandatory bid for the company.Tye, his immediate family, related tr ...

BPF Bouwinvest sells part of office portfolio (NL)

BPF Bouwinvest has, on behalf of client BPF Bouw, sold part of its commercial real estate portfolio, the Randstad Portfolio, to DB Real Estate Opportunities IB. It concerns twenty office- and logistic ...

Land Securities says IFRS pushes year to end March 2005 into profit (UK)

Land Securities Group plc said that under International Financial Reporting Standards (IFRS) its results for the year to 31 March 2005 show a net profit of £1.12bn, compared with a previously stated ...

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