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Rodamco Europe completes election of French SIIC status for total French portfolio (FR)

Rodamco Europe N.V., the largest publicly listed property investment and management company in the retail sector in Europe, has completed the election of the SIIC status for its total real estate port ...

Citycon's share capital increase based on stock options (FI)

A total of 37,000 new Citycon shares with a nominal value of EUR 1.35 per share were subscribed in April exercising the A/B/C options based on the company's stock option plan 1999. The corresponding s ...

Metrovacesa signs purchase of Renaults land near Madrid; total investment of nearly 400 mln (ES)

Metrovacesa is now the owner of Renault’s land in Madrid, at Avenida de Burgos 89, after acquiring it for €170 mln. This project will boost its Madrid office portfolio by 30% and will involv ...

Municipality of Breda, Interbrew and AM sign contract for development of Drie Hoefijzers site (NL)

The Municipality of Breda, Interbrew Nederland and AM have signed a contract for the development of the Drie Hoefijzers site in the centre of Breda. On the 10-hectare site of the former Interbrew brew ...

CBRE: German Open-Ended Funds March cashflow analysis (DE)

Following February’s unprecedented outflow, a further €769 million was withdrawn from the German open-ended funds in March. The year as a whole has seen a net outflow of €568 million. T ...

ProLogis to construct two built-to-suits in UK (UK)

ProLogis' strength of the industrial market in the United Kingdom has netted the company at least two large tenant signings. In Swindon, 60 miles west of London and near Heathrow Airport, Honda Logist ...

ABN AMRO reports first quarter 2005 results (NL)

Net operating profit up 16.1% compared with first quarter 2004.First quarter 2005 performance: (compared with the first quarter of 2004, excl. Private Equity cons. effect) Operating income up (+2.8%) ...

Land Securities sells London property (UK)

Land Securities Group PLC announces that it has completed the sale of 30 Gresham Street to GIC Real Estate Pte Ltd (GIC RE) for £274m, representing a yield on income of 5.6%. GIC RE has entered int ...

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