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Rodamco Europe opts for French SIIC status

Rodamco Europe qualifies and has opted for the SIIC status in France. The SIIC status in France entails a tax exemption for current income from French real estate and also for capital gains.The SIIC r ...

Klepierre first quarter 2004 revenues up 11%

Klépierre’s revenues for the first quarter of 2004 were €102.3 million, an 11.0% increase over the corresponding prior period that reflected both the vitality of shopping centers in spite of rela ...

Westfield welcomes "A/A-1" rating by Standard & Poor's

Westfield chairman, Mr Frank Lowy, today welcomed the announcement by Standard & Poor’s (S&P) that it would assign an “A/A-1” credit rating to the proposed new Westfield Group. At the sa ...

Management of Kempen & Co and financial investors in negotiations with Dexia on possible sale

The management of Kempen & Co, supported by Friesland Bank, HAL Investments and NPM Capital, intends to purchase all shares in Kempen & Co. The staff of Kempen & Co will be given the oppor ...

HVB Group results for the first quarter of 2004; the favorable operating trend continues

HVB Group generated an operating profit of 290 million Euro in the first three months of the current fiscal year, more than doubling its performance compared to the adjusted year earlier level (130 mi ...

Sonae Imobili

Boavista Shopping, Sonae Imobiliária’s new shopping and leisure centre in Brazil opened its doors to the public yesterday, April 27th, in Santo Amaro, one of the largest neighbourhoods of São Paul ...

GE Real Estate confirms

A group of shareholders in Haslemere NV have agreed to sell 98.8% of the company´s shares to GE Real Estate for £202m cash, GE said in a statement.The shareholders include Brack Capital Rea ...

Sonae Imobili

Boavista Shopping, Sonae Imobiliária’s new shopping and leisure centre in Brazil opened its doors to the public yesterday, April 27th, in Santo Amaro, one of the largest neighbourhoods of São Paul ...

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