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ProLogis to acquire Catellus in $4.9 billion transaction (USA)

ProLogis and Catellus Development Corporation announced yesterday that their boards have unanimously approved a definitive merger agreement under which ProLogis will acquire all of the outstanding com ...

Hammerson and Henderson sign lease at Moorhouse, London (UK)

Moor House Limited Partnership, a joint venture between Hammerson plc and Henderson Global Investors, has signed a lease with HVB Group, the international banking group, for 9,300 m² (100,000 ft²) o ...

Heijmans increases net profit forecast for 2005 (NL)

Heijmans has increased its previously released profit forecast for 2005. Net profit is now expected to come out at approximately €85 million (2004: €72 million*). This brings the profit on each ordi ...

Gecina removed from Euronext 100 Index (FR)

Following the official result of the takeover bid by the Spanish company Metrovacesa for the French company Gecina (Euronext 100), Gecina will be removed from the Euronext 100 Index effective Tuesday ...

Helical grows by 30% (UK)

Highlights: adjusted diluted net asset value plus trading stock surplus totalling 1148p per share (2004: 884p) – up 30%, record profit before tax £34.9m (2004: £13.7m) - up 155%, diluted earnings p ...

Offer on HVB expected this week (IT/DE)

The talks between UniCredito Italiano and the Italian HypoVereinsbank are expected to soon result in a take over bid from the Italians. According to a source at HVB to Welt am Sonntag, if there are no ...

Citycon will develop a new shopping center in Hervanta, Tampere (FI)

Citycon will develop a new shopping center in Hervanta, a district of the city of Tampere. Hervannan Liikekeskus Oy, a company in which Citycon now has a holding of 75%, will be a part of the new shop ...

Hammerson and AXA sign lease for office space in Paris (UK/FR)

Hammerson plc and AXA have signed a lease with Clifford Chance, the leading international law firm, for 13,000 m² (139,900 ft²) of new office accommodation being developed at 9 Place Vendôme. The l ...

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