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Skanska signs agreement on sale of Skanska Services (SE)

Skanska and 3i, an international private equity company, have signed a binding agreement covering the sale of Skanska Services. The sale is conditional upon approval by the European Commission.The pur ...

Aedes H1 2004 results (IT)

On September 29, 2004 the Board of Directors of Aedes have approved the half-year report as at 30 June 2004 prepared on a consolidated basis.The highlights are: Value of production amounted to € 84 ...

Luz del Tajo, Toledo

On Tuesday, September 28th 2004, the doors of Luz del Tajo, Toledo’s first shopping and leisure center, were open to the public. Luz del Tajo has been developed by Sonae Imobiliária (65%) and the E ...

Deutsche Bank: first stage of selling € 300m portfolio in Germany (DE)

Deutsche Bank is in the first stage of selling a €300m portfolio of small branches in secondary German cities, reports EuroProperty. The bank, which is conducting the sale itself, had planned to inc ...

Rodamco Europe divests Dutch office buildings for € 62.4 million (NL)

Rodamco Europe N.V. has sold two office buildings from the investment portfolio in Amsterdam and Rotterdam for a total amount of € 62.4 million, approximately 5% higher than the latest book value.Th ...

ING establishes new Britannia retail fund (UK)

ING Real Estate Investment Management has announced the launch of its new Britannica retail fund, which it is intending to grow to £1bn. ING Britannica will invest in shopping centers and target retu ...

IVG Immobilien AG sells office building in Paris for € 100 million (DE/FR)

IVG Immobilien AG has sold the office building Boulevard Haussmann 173-175 valuing over € 100 million to the Allianz group in a company disposal. The building, which is fully let, has over 10,600 m ...

ThyssenKrupp sells HiServ business to Wisag (DE)

ThyssenKrupp AG said it sold its HiServ GmbH property management unit to Wisag Service Holding for an undisclosed amount as part of the conglomerate´s focus on its core steel, automotive, el ...

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