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Degi sells London office building for €124.6 million (UK)

The Deutsche Gesellschaft für Immobilienfonds mbH (Degi) has sold the office building ‘Lloyds Chambers, 1 Portsoken Street’ to the British Holding Consensus. The building was a part of the portfo ...

Pillar Property interim results (UK)

The highlights are: profit before tax up 71.4% to £4.8m (2003: £2.8m), earnings per share up 61.1% to 2.9p (2003: 1.8p), interim dividend per share up 8.3% to 2.6p (2003: 2.4p), net asset value per ...

Heijmans successful in selections for property development (NL)

Heijmans (building, infrastructure and real estate development) is expanding its owner-occupied housing operation after winning six proposal contests. About 1,050 homes have been added to the portfoli ...

Westfield, Multiplex and Reuben brothers´ bid for Duelguide Plc goes unconditional (AU/UK)

The Westfield Group (ASX:WDC) and a new company owned by Multiplex (ASX:MXG) and companies associated with David and Simon Reuben have received acceptances for 97.3% of the shares of Duelguide plc, th ...

Rodamco Europe: no direct financial risk in delay completion Zlote Tarasy, Warsaw (NL/PL)

Rodamco Europe N.V., the largest publicly listed property investment and management company in the retail sector in Europe, announces the delay of the opening of the Zlote Tarasy shopping centre in Wa ...

INREV launches European indices (EUR)

“The new INREV Indices are the clearest sign to date of the maturing market for non-listed real estate investment in Europe”, said Phillip Rose, Co-chairman of INREV’s Performance and Benchmarki ...

Bouwfonds completes takeover MAB (NL)

On 22 November 2004 Bouwfonds formally acquired all shares in MAB Group BV (MAB) based in The Hague. Bouwfonds and Hofima BV

Great Portland Estates completes

Great Portland Estates has sold two London office buildings to Henderson Global Investors for £56.1m, and in return has bought another City office building for £19.5m.GPE has sold Barnard’s Inn at ...

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