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Prudential acquires warehouse of 27,000 m² in Paris (FR)

Prudential has acquired a logistics warehouse with a surface of 27,000 m² situated in the North-West of Paris. The purchase represents an net initial return on investment of 8.65%.The warehouse was ...

DIFA: real estate devaluation of €200 million (DE)

The German real estate fund DIFA has devaluated the German real estate in both its funds DIFA-Fonds Nr. 1 and DIFA-Grund for approx. €200 mln. Especially the regions of Berlin and Rhein-Main were ...

Standard Life Sells Nethergate Centre for £4.7M (UK)

Standard Life Investments has sold the Nethergate Centre in Dundee to Melville Crescent Ventures, a joint venture between Kenmore Property Group and Lehman Brothers. The price of £4.7 million shows ...

BAA plans £800m property fund to pay for expansion (UK)

Airports operator BAA PLC is in talks with Scottish Widows, about setting up an 800 mln stg fund to hold part of its huge property portfolio, The Sunday Telegraph reported without citing sources.Under ...

Coolsingeltoren in Rotterdam cancelled (NL)

The plan for the development of the Coolsingeltoren (Coolsingel Tower) on the site of the Luxor Theater in Rotterdam (the Netherlands) has been cancelled. Bouwfonds, the former SFB and Willemsen Minde ...

Cofinimmo 2004 figures (BE)

The Belgian rental market for office property was affected during 2004 by a low take-up and falling rents in certain districts. Against this unfavorable background, Cofinimmo´s commercial te ...

Arnold de Haan to leave Commerz Grundbesitz (DE)

At his own request, Arnold de Haan will leave the company’s management as of February, 28 2005, in order to devote himself to new international challenges. In future, the fund man­agement comp ...

Land Securities and Gazeley Nova MK Scheme is given go ahead (UK)

Land Securities in joint venture partnership with Gazeley, announces that the Milton Keynes Partnership Committee has ‘minded to approve’ the outline planning application for the Nova MK dis ...

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