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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 ...

Wihlborgs sells Fatburen for SEK 1,950 million (SE)

Wihlborgs and Atrium have sold the jointly owned (50/50) property Fatburen 5 ('Fatburen') in Stockholm to the Danish real-estate company Keops for SEK 1,950 million (approx. €210m).Wihlborgs shar ...

CB Richard Ellis´ Brett White to succeed Ray Wirta as CEO (US)

CB Richard Ellis Group Inc (NYSE:CBG) announced that its Board of Directors has named Brett White, the Company’s President, to succeed Ray Wirta as CEO, under a long-established Company successio ...

Wereldhave presents 2004 results (NL)

Today, Wereldhave presents its 2004 results. Profit increased from €104.7 mln in 2003 to €171.2 mln, mainly as a result of a positive property revaluation. The property revaluation and resul ...

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