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British Land in £2.1bn refinancing of Broadgate Estate (UK)

The British Land Company plc said it has proposed a major refinancing of its Broadgate Estate that will amount to £2.1bn and will reduce ongoing interest costs by about £12m annually.The refinan ...

Expansion of serviced offices division through acquisition of further 13 regionale centers (UK)

Marylebone Warwick Balfour Group Plc (´MWB´) has announced that, through its subsidiary MWB Business Exchange (´MWBEX´), it has expanded its service office divi ...

Governing Council decides on the design for the new ECB premises (EU)

At last week’s meeting the Governing Council of the European Central Bank (ECB) reached a decision on the design of the ECB’s new premises in Frankfurt am Main, Germany.After extensive discu ...

Aareal Italy Fund acquires shopping centre in Trieste (IT)

The Aareal Italy Fund has completed the acquisition of the ´Il Giulia Shopping Centre´ in Trieste in a deal of almost €40 million. The deal takes the core-plus fund´s investments to over ...

ABP's Frijns to join executive committee PGGM (NL)

The board of PGGM has appointed Mr. Jean M.G. Frijns as advising member of the executive committee Investments of PGGM per July 1, 2005. Mr. Frijns will be director of investments of ABP until April 1 ...

Oil & Vinegar to expand in the US and South Africa (NL)

The Dutch franchise organization Oil & Vinegar has announced that it will open 135 stores over the next three years in the United States and South Africa. Oil & Vinegar currently has over 100 ...

Aareal Bank finances purchase of Berlin residential portfolios by the Cerberus Group (DE)

Aareal Bank is providing the Cerberus Group with a loan amounting to a three-figure million sum for the purchase of two residential portfolios in Berlin. The portfolios comprise a total of 2,700 resid ...

AM and Bouwfonds Property Finance acquire IBM site in Amsterdam for redevelopment (NL)

AM Vastgoed and Bouwfonds Property Finance have purchased a 5.3 hectare site in the Riekerpolder business district of Amsterdam from IBM Nederland.They plan over time to transform the site, which is c ...

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