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Aareal Hyp AG concludes 2004 with a major increase in profit (DE)

Aareal Hyp AG continues on its successful course in its second financial year. With a balance sheet total of 4.8 billion € (an increase of just under 50%), a surplus on interest and commission ea ...

Minerva sells central London property for 135m (UK)

Minerva plc said it has sold its freehold property at 90 High Holborn to KanAm Grund Kapitalanlagegesellschaft mbH for £135m to be paid in cash. Minerva said it will use proceeds from the sale to ...

Kungsleden acquires care properties for SEK 1 billion (SE)

Kungsleden is forming a new business area, Care Properties, and is acquiring 44 properties for a total of approximately SEK 1,045 million in Västra Götaland and Greater Stockholm. Kungsleden int ...

British Land/Rosemound jv lets 750,000 sq ft to Tesco at Dirft, Daventry (UK)

The British Land Company PLC and Rosemound Developments Limited joint venture has secured a major pre-let to Tesco at DIRFT, Daventry.The British Land/Rosemound joint venture is to build a 750,000 sq ...

Investment activity in Scotland sees significant increase in 2004 (UK)

Investment activity in Scotland recorded a 137% growth above its 2003 levels during last year, taking transaction levels to £3billion, according to the findings of research published this week by p ...

British Government dashes hopes of early property investment reform (UK)

The British government dashed hopes of an early reform of property investment taxation but said it still intends to introduce the necessary legislation to permit Real Estate Investment Trusts (REITs) ...

New IVG London fund EuroSelect 09 launched (DE/UK)

IVG has set up the new closed-end property fund “EuroSelect 09” with a fully leased office property in the London Southbank district. IVG is thus continuing the successful “EuroSelectâ ...

Westfield sells Brunel Centre, Swindon (UK)

Westfield Group and Hermes have announced the sale of the Brunel Centre, Swindon in the UK, to The Capital and Income Trust Group of Companies (CIT) for £130 million.The Brunel Centre is a two-leve ...

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