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J P Morgan real estate nabs Deutsche´s Tyrell

J P Morgan Fleming Asset Management has hired Nick Tyrell as head of European research and strategy for its real estate business.The move comes as it seeks to boost its European presence in the area. ...

Vesteda issues € 400 million follow-on bond

Last week, Vesteda issued € 400 million of AAA-rated bonds, partly to refinance existing debt. Deutsche Bank acted as sole bookrunner for Vesteda, with € 4 billion in assets the largest private in ...

Gecina: early redemption of convertible bonds

In line with moves to optimize its financial structure, GECINA is exercising the early redemption option on the GECINA November 2002

Van der Vorst new CFO of TCN

Maarten van der Vorst (48) has been appointed as new chief financial officer of TCN Property Projects. In this position, he will become responsible for the complete financial management & control ...

ARCADIS intents to cutback real estate valuation activities

The consulting and engineering firm ARCADIS intents to cutback a part of its unremunerative activities in the Netherlands. Examples of possible disinvestments are the real estate valuation activities ...

Sonae Imobili

Sonae Imobiliária’s Net Consolidated Profit after Minority Interests (non-audited) reached € 12,14 million. In the same period of last year, the Net Consolidated Profit reached € 16 million. Ho ...

1Q04 results Wereldhave slightly better than expected

Wereldhave´s first quarter results were slightly better than expected, as both rental income and interest expenses were ahead of our forecasts. The occupany rate dropped from 93.2% in the fo ...

1Q04 results Confinimmo in line

Cofinimmo´s first quarter net current results per share were in line from an EPS point of view: € 2.01 versus ABN Amro´s estimate of € 2.00. However, rental income was below ex ...

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