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Metrovacesa acquires 30% of GECINA capital (FR/ES)

AGF and AZUR GMF have concluded agreements with Metrovacesa for the immediate sale of 30% of GECINA’s capital to Metrovacesa at a price of 89,75 euros per share (cum-dividend), to be paid on Dece ...

Halladale and Citigroup Announce 32.1 Million Acquisition (UK)

Scottish-based, Halladale Group Plc and Citigroup Property Investors, the real estate investment arm of Citigroup Inc, announces that its UK property fund - CPI Retail Active Management Programme (CRe ...

Dutch Multiplan to develop in Luxembourg (NL/LUX)

Project developer Multiplan from Den Bosch (The Netherlands) has signed an agreement with the Luxembourg Agora for the development of a multifunctional complex of 65,000 m² in Luxembourg. It is the ...

Canary Wharf sells 999-year docklands lease to Barclays unit for 337.5m (UK)

Canary Wharf Group plc, which is the main operating subsidiary of Songbird Estates plc, it has sold a 999 year leasehold property in London´s docklands area to a subsidiary controlled by Barclays B ...

Rabobank Group satisfied with 2004 annual results (NL)

Rabobank Group is highly satisfied with the financial results achieved in the past year. “Despite the uncertain economic recovery, we achieved a successful result”, said Bert Heemskerk durin ...

Park Plaza plans new Berlin hotel in DIFA's "Wallhfe (DE)

Park Plaza Hotels Europe today unveiled its plans for its spectacular new 4-star deluxe Wallstreet Park Plaza, due to open in Berlin in Spring 2006. The brand new hotel will be located right in the h ...

Aareal Property Services sells Paris office development (DE/FR)

Aareal Property Services has sold its office development 61 Rue de Monceau in central Paris to Bankhaus Wölbern. The redevelopment of the listed building designed in 1877 by architect Denis Destors ...

TCN and Wedge renounce majority in Ballast Nedam (NL)

The intention of project developer TCN and investment company Wedge to obtain a majority in Ballast Nedam has been withdrawn. Instead the companies have chosen for a more intensive collaboration with ...

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