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UBS plans

UBS Global Asset Management is to establish a £600m fund to invest in City of London and Thames Valley office property, in anticipation of an impending recovery in both markets.The fund will invest i ...

Wereldhave issues 1,090,000 ordinary shares

On March 3, 2004, Wereldhave has issued 1,090,000 ordinary shares to some institutional investors. The issue was made at EUR 67.30 per share. The new shares are ranking for dividend for the year 2003. ...

Rodamco Asia´s chairman to stay on until the end of 2004

The chairman and CEO of Rodamco Asia, Ton de Boer, will stay on until the end of 2004. This was said by De Boer last Friday at the explanation of ING Real Estate’s bid for Rodamco Asia.After his res ...

SFL to take over 77,000 m

Société Foncière Lyonnaise (SFL) is going to take over three office buildings in Paris from Sophia. The buildings have a total surface of 77,000 m². The takeover represents an amount of € 514.8 ...

Rodamco Europe announces € 750 million Euro Commercial Paper program

Rodamco Europe announces the establishment of a Euro Commercial Paper program to further diversify its funding sources.Initially Rodamco Europe will use the ECP program to refinance existing short ter ...

ING Real Estate planning to make a recommended public offer of EUR 18.00 per share in cash for all i

Rodamco Asia and ING Real Estate announce today that ING Real Estate (B) B.V. or one of its group companies intends to make a recommended public offer of EUR 18.00 (cum dividend) in cash per share for ...

Aareal Bank signs Common Terms Agreement for an Investment Fund Joint Venture from Heitman and First

Aareal Bank has signed a Common Terms Agreement for a total of € 195 million with a joint venture from Heitman LLC and First Islamic Investment Bank E.C. Aareal Bank will finance logistics propertie ...

KFN maintains direct result in 2003

Real estate investor KFN has been able to maintain its direct result in 2003 at a nice level with € 52.3 mln. (2002: € 52.1 mln.). New leases and exploitation and (advance) leases of offices resul ...

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