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Aareal Bank AG; Annual General Meeting, new Chairman of Supervisory Board and Change in Management B

Aareal Bank AG has confirmed its 2004 profit target of just under € 100 million. Karl-Heinz Glauner, Chairman of Aareal Bank’s Management Board, affirmed the bank’s guidance during the Annual Ge ...

MWB sells Marble Arch Tower for

Marylebone Warwick Balfour Group Plc has announced the sale of its 86 year leasehold interest in Marble Arch Tower, a central London 161,500 sq ft office, leisure and retail complex, to the Railways P ...

Pillar puts

Pillar Property has put Fosse Park, one of the UK’s largest out-of-town shopping parks, on the market with a price tag of £320m.CB Richard Ellis has been appointed to market the 416,536 sq ft devel ...

AB CPFM Europroperty Fund acquires real estate in Brussels (BE)

AB CPFM Europroperty Fund, a joint venture of Arab Bank in London and Catella Property Fund Management in Amsterdam, has recently taken over a real estate portfolio for € 25m. The portfolio consists ...

Lehman Brothers names new real estate MD

Lehman Brothers has announced the appointment of Gerald Parkes as the new Managing Director of its European real estate private equity division.Parkes is currently the Chief Executive of Invesco Real ...

Ashtenne secures global tenants for Netherlands warehouse

Ashtenne Holdings plc (“Ashtenne”), the property investment and active management specialist, has successfully let three units totalling 182,180 sq ft of its seven unit 550,000 sq ft logistics war ...

Fortis Lease acquires DIL France

Fortis Lease and Deutsche Immobilien Leasing GmbH (DIL) yesterday signed an agreement under which Fortis Lease will acquire 100% of DIL France S.A., in Paris, in a cash transaction valued at approxima ...

Real estate market of Czech Republic best of Eastern Europe

From the investigation ‘Emerging Europe 2004’ of the international real estate advisor Cushman & Wakefield appeared that the real estate market of the Czech Republic performs the best in Easte ...

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