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Rodamco Europe to divest Maastricht Exhibition and Conference Center for €70.6m (NL)

Rodamco Europe N.V. is divesting its stake in the Maastricht Exhibition and Conference Center (MECC) in Maastricht, the Netherlands. The Maastricht City Council has approved the sale and as a result, ...

Lease agreement entered with the City of Copenhagen (DK)

Københavns Voksenuddannelsescenter (VUC) and Social- og Sundhedsskolen in Copenhagen (SOSU) centralize their teaching facilities in one centre situated in the characteristic property located betwee ...

Finnish property market produced a total return of 5.6% (FI)

The Finnish property market produced a total return of 5.6% in 2004. The income return remained at a stable level of ca. 7%. Capital growth was negative for the third year in a row. Despite the decrea ...

The Carlyle Group closes third real estate acquisition in Germany (DE)

Global private equity firm, The Carlyle Group has acquired a 12,000m² building in Hamburg’s CBD from the liquidator of UFA Theater AG. This is the third deal in Germany by the Carlyle Europe R ...

AM Vastgoed develops multipurpose 'see-through' building for KPN (NL)

KPN is to move into a combined office and industrial building in Utrecht’s Papendorp business park specially developed for the company by AM Vastgoed. KPN has agreed to lease the building, with a ...

InvestKredit finances Kraków retail center (AU/PL)

The Austrian bank InvestKredit has agreed to grant the WP Investment group a €5.85 mln loan for the construction of a 15,000 m² retail center which will be located 5 km from the center of Krak ...

FCC´s net profits up 26% (ES)

The net turnover of Fomento de Construcciones y Contratas, S.A. (FCC) for the 2004 financial year was €6,285.9 million, which represents a 3.9% increase over the year before. All of the strategic ...

Minerva plc announces interim results (UK)

Minerva plc, the FTSE 250 property investment and development company, today announces its preliminary results for the 6 months ended 31 December 2004.Core real estate business Net rental income incre ...

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