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Beni Stabili: promising Q1 2004 results

Beni Stabili published bottom-line Q1 2004 results that came out 18% higher on a y-o-y basis. Net profit amounted to € 7,2m versus € 6,1m in Q1 2003. As seems to be some sort of a tradition in Ben ...

DTZ appoints new general manager for DTZ Spain

International real estate advisor DTZ yesterday announced that the company has appointed Pedro Ladron de Guevara as General Manager of DTZ Spain per immediately.Over the last 20 years, Pedro Ladron de ...

Nieuw Monnikenhuizen wins NEPROM location award 2004

Real estate developer Johan Matser yesterday won the NEPROM-award for location development with its project Nieuw Monnikenhuizen, a residential area in Arnhem (the Netherlands) on the former stadium o ...

Merrill Lynch sells

Soros Real Estate and Peter Kershaw have bought a portfolio of five buildings from Merrill Lynch Executive Office Partnership for a total of £52.3m. The five buildings were occupied by HQ, the UK’s ...

Aareal Bank right on track during Q1 2004

Aareal Bank Group records net income of € 24 million for the first three months of the current year (Q1 2003: € 24 million), corresponding to a return on equity after taxes of 9.7% (Q1 2003: 9.8%) ...

Klepierre to buy a shopping center portfolio in Hungary from Plaza Centers

Klépierre and Plaza Centers, a wholly owned subsidiary of Elbit Medical Imaging Ltd., today announce that their respective Supervisory Board and Board of Directors have approved a binding Heads of ...

Good direct investment results in the first quarter for Corio

Corio achieved good financial results in the first quarter of 2004. The direct investment result increased in the first quarter 2004 by € 3.7 million to € 47.7 million (+ 8,3%). Net rental income ...

Merrill Lynch sells

Soros Real Estate and Peter Kershaw have bought a portfolio of five buildings from Merrill Lynch Executive Office Partnership for a total of £52.3m. The five buildings were occupied by HQ, the UK’s ...

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