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Rodamco Europe direct result after tax up 7.4% to € 321 million (NL)

Rodamco Europe achieved solid financial results in 2004. In line with expectations, direct result after tax increased 7.4% to €321 million. This increase is due to 9.5% growth in gross rental inc ...

Westfield Group announces 6 month profit of $832.9 million (AU)

The Westfield Group has announced its first result following the merger, reporting a net profit of $832.9 million for the six months to 31 December 2004. The distribution for the period was $875.7 mil ...

Schiphol Group´s 2004 result up by 13.1%, excluding unrealised capital gains on investment pro

Schiphol Group’s result after taxation in 2004 was down by 17.2%, from €191 million to €158 million. The main factor behind this was the much lower level of unrealised capital gains on ...

TK Development sells shopping centre in the Czech Republic (DK/CZ)

TK Development has sold the Kolonáda Shopping Centre in Karlovy Vary in the Czech Republic. The sales price amounts to app. €34 million, based on a net return of about 8.6 % p.a. The sale, whi ...

CLS Holdings Plc preliminary financial results for the year to 31 December 2004 (UK)

Financial highlights: added value to shareholders 20.0%, up 7.2%, based on increase in adjusted NAV per share and distributions in the year (19.9% based on statutory NAV up 4.8%; adjusted Net Asset Va ...

Urbis full year net profit rises 35% to €123m as sales climb 22% (ES)

Inmobiliaria Urbis SA said net profit grew 35 pct to €123 million in the full year to Dec 31 from €91 million a year earlier, boosted by a 22 pct rise in total sales to €736 million.In ...

Crédit Suisse Asset Management acquires Paris office building for €68 million (FR)

Bouygues Immobilier has sold the former MEDEF office building, situated in Paris 16e, to Crédit Suisse Asset Management Immobilien Kapitalanlagegesellschaft mbH for its public fund CS Euroreal. An ...

Altera Vastgoed acquires distribution center in Venray (NL)

The private real estate fund Altera Vastgoed N.V. in Haarlem (the Netherlands) has recently acquired a distribution center for its sector portfolio Bedrijfsruimten (Business accomodation) from Maessen ...

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