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Brixton buys Northfields industrial estate in London for

Brixton plc said it has bought Northfields Industrial Estate, Park Royal in west London, along with some adjoining properties, from Burford, for £51.5m.It has also bought out a residual long leasehol ...

Philips wins Corporate Real Estate Owner Award (NL)

Philips is the winner of the 2003 Corporate Real Estate Owner Award. This award is presented to the company, which has been the most active and creative with its real estate. The Corporate Real Estate ...

ABN AMRO reports full year 2003 results

Full year 2003 performance (compared to full year 2002): net profit up with 31.1%, record operating result of EUR 6,208 mln, provisioning down by -24.8%, substantial improvement in efficiency ratio to ...

Canadian fund to back Brascan bid for Canary Wharf

The Ontario Teachers fund has emerged as one of the backers for the Brascan Corporation’s £1.6bn bid for Canary Wharf, it was reported yesterday.The fund has £28bn of assets under management and h ...

Corio sells office in Spain for € 52.1 million

Corio sold its last office (16,400 m² and 300 parking spaces) in Spain for € 52.1 million (income after costs) to AXA Seguros e Inversiones. As a result Corio’s Spanish property portfolio now con ...

Altera buys € 46 mln. worth of shops on A1-locations (NL)

Altera Vastgoed has bought a retail portfolio with a national spread from a private investor for the amount of approx. € 46 mln. The portfolio consists of 41 let properties situated in A1-locations ...

DIFA buys Les Grands Pr

The German real estate investor DIFA has bought the new retail development Les Grands Prés from the Dutch developer Foruminvest for a little over € 100 mln.Les Grands Prés is situated in the Belgi ...

Ritblat blamed for Reichmann Canary bid failure

Paul Reichmann’s £1.6bn bid for Canary Wharf collapsed because of last minute financing changes by British Land Chairman and Chief Executive, John Ritblat, it was reported on Friday.Sources close t ...

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