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The value of Testa´s assets comes to €3,123 million (ES)

The value of Testa´s property assets (property subsidiary belonging to the Sacyr Vallehermoso group) as of 31st December 2004 came to €3,099.92 million according to the valuation of the specia ...

Foruminvest to invest €250 million in Charleroi city center (BE)

The Dutch real estate company Foruminvest will invest €250 million in the redevelopment of the trade center and its surrounding area in the city center of Charleroi. The Charleroi-Expo mega proje ...

IVG Immobilien invests €92 million in Paris (DE/FR)

IVG Immobilien AG is investing €92 million in the 'Parc Avenue' property in Paris. The seven-storey office and business premises with 15,300 m² of lettable space will be completed by the begin ...

AM sells Madrid shopping center to WestInvest (NL/ES)

AM (formerly Amstelland MDC) has signed a contract to sell its Espacio Torrelodones shopping center in Madrid to WestInvest. Work has already started on this 33.000 m² project, with an investment v ...

Dresdner Bank appoints CWHB to sell failed €650m Bremen leisure park (DE)

Dresdner Bank AG has appointed property consultants Cushman & Wakefield Healey & Baker (CWHB) to sell its failed €650 million leisure park Space Park in Bremen, monthly magazine EuroPrope ...

SFL presents 2004 Results (FR)

On January 31, 2005 Société Foncière Lyonnaise (SFL) has presented its 2004 Results. The highlights are: Rental revenues up 5.7% to €154.8m â€" Current cash flow up 16.4% to €100 ...

Tornet sells shopping center Center Syd in Löddeköpinge (SE)

Fastighets AB Tornet sells the properties Löddeköpinge 14:11 and 14:49 for a total price of SEK 629 million (approximately €70m).The purchase price exceeds the estimated book value and the ...

ECP not in new Midkap-index (NL)

Despite expectations Eurocommercial Properties will not be taken up in the newly re-scaled Midkap-index as of March 2. From the real estate sector, only AM will join. The weight of Rodamco Europe has ...

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