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Gruppo Statuto to acquire Piazza San Babila in Milan for €230 million (IT)

The Italian investment company Gruppo Statuto has acquired one of the most prestigious buildings in Milan from Morgan Stanley and Pirelli RE for more than €230 million. The building involved is a com ...

Kardan to develop its fifth regional shopping center in Central & Eastern Europe (NL/PL)

The Dutch investment group Kardan N.V. announces that its real estate subsidiary, Globe Trade Centre S.A. (GTC Poland), signed a preliminary agreement for the acquisition of a land plot of 90,000 sq.m ...

Great Portland Estates presents preliminary results (UK)

The Directors of Great Portland Estates plc today announce the results of the Group for the year ended 31 March 2005.Highlights: Net assets per share up 19% to 333p (2004: 280p) on an adjusted, dilute ...

Bart Bleker to leave Bouwfonds Board (NL)

Bart Bleker MSc. (59) will resign as a member of the Board of Directors of Bouwfonds from 1 September, 2005. During the twelve years at Bouwfonds, Bleker has played an important part in the developmen ...

Castellum acquires for SEKm 233 and sells for SEKm 81 (SE)

Castellum has through wholly owned subsidiaries acquired 14 properties for SEKm 233 and sold four properties for SEKm 81. In the area Tunbytorp in Västerås, 13 commercial properties with a total are ...

British Land buys Pillar Property (UK)

The boards of The British Land Company PLC (“British Land”) and Pillar Property PLC ("Pillar") are pleased to announce the terms of recommended Proposals under which British Land will acquir ...

IVG Property Barometer for the first quarter of 2005 (DE)

The European real estate markets have put the worst behind them and are showing broad signs of recovery. This is the core statement from the property barometer of IVG Immobilien AG and Cushman & W ...

Rodamco Europe reports 6.2% increase in direct result after tax in Q1 2005 (NL)

Rodamco Europe is reporting good results for the first quarter of 2005. Based on the new International Financial Reporting Standards (IFRS), direct result after tax is up 6.2% over the year and Triple ...

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