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Rebel investors move to block Canary Wharf deal

Scottish Widows and Franklin Mutual, two of Canary Wharf’s largest institutional investors, have reportedly made a last minute attempt to block Morgan Stanley’s imminent £1.7bn takeover of the co ...

Javier Hortelano appointed Managing Director of REDEVCO Spain/Portugal

As of 24 May 2004 Mr Javier Hortelano will join REDEVCO as Managing Director of REDEVCO Spain/Portugal.Mr Hortelano, who will be succeeding Mr Tim Nalder who left the company by the end of 2003, has b ...

ING-fund Lionbrook acquires for € 70 mln

For her real estate fund Lionbrook, ING has bought a shopping center in Rugby, Warwickshire (UK) for almost € 70 mln. The shopping center of approx. 27,500 m² was acquired by the Boultbee Group for ...

Rodamco Europe and AM reach agreement on Czech shopping centre project

Rodamco Europe and AM have signed a contract to develop the Centrum Chodov regional shopping centre in Prague. Hand-over is planned for the second quarter of 2006, when Centrum Chodov will join Centru ...

PSP and REG: Successful conclusion of merger negotiations (CH)

The two real estate companies, PSP Swiss Property Ltd (PSP) and REG Real Estate Group (REG), both listed on the SWX Swiss Exchange, entered merger negotiations at the end of November 2003. Negotiation ...

AM Development set for major Wolverhampton retail scheme (UK)

AM Development, the Dutch property company, is expected to be named preferred developer for a 500,000 sq ft retail scheme in Wolverhampton. Wolverhampton City Council is expected to announce its decis ...

Haslemere announces sale of Princes Mall Shopping Centre, Edinburgh

Haslemere NV announces that it has today concluded the sale of the Princes Mall Shopping Centre to a subsidiary of Premier Property Group Limited (“PPG”). The total consideration was GBP36.7 milli ...

Hammerson sells

Hammerson has sold the long leasehold interest in three Euston office buildings to Ancient Mariner Properties, a subsidiary of Scarborough Group, for £124m.Ancient Mariner is buying the Euston Square ...

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