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Cofinimmo announces first half 2004 results (BE)

Highlights: equity reinforcement with 2 capital increases: € 159.1 million, Egmont acquisition for € 173.7 million: initial yield of 6.15%, net current result per ordinary share at 30.06.2004: € ...

Gecina ´s first half 2004 results (FR)

Over the first six months of the year, GECINA’s consolidated rental income came to 234.0 million euros compared with 260.5 million euros in H1 2003. This 10.2% reduction reflects moves to ramp up th ...

Deutsche and MTFG move into property (JP)

Deutsche Bank, of Germany, and MTFG, the Japanese lender, have established two separate Japanese real estate funds in a further sign that the country´s property market is recovering after mo ...

W. P. Carey and Finland´s TietoEnator complete $95 million sale-leaseback (FI)

Investment firm W. P. Carey & Co. LLC announced today that it acquired and leased back the chief technology facility and a corporate office of TietoEnator Plc, the leading supplier of high-value-a ...

ISIS sells

ISIS Property Investment has sold the Pavilion Central shopping centre in Birmingham to the UBS Triton Property Fund for £98m. The 250,000 sq ft centre was recently refurbished by ISIS, which held th ...

Skanska AB's results disappoint the market (SE)

Profits at Skanska AB fell sharply in the 2nd quarter 2004 compared with the same period a year earlier. Turnover fell to EUR 3,531 mln from EUR 3,744 mln with operating profit tumbling to EUR 124 mln ...

ISIS sells

ISIS Property Investment has sold the Pavilion Central shopping centre in Birmingham to the UBS Triton Property Fund for £98m. The 250,000 sq ft centre was recently refurbished by ISIS, which held th ...

Hypo Real Estate Bank International and CDC IXIS jointly arranged € 1.2 billion asset backed facilit

Hypo Real Estate Bank International, Paris branch, and CDC IXIS refinance the France Telecom technical properties portfolio. They provide € 1.2 billion of debt via a private securitisation vehicle ( ...

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