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Hunter joint venture to buy

Tom Hunter’s West Coast Capital is reported to have teamed up with Prestbury Investment Holdings and HBOS in order to buy a portfolio of 220 freehold pubs from Spirit Group, in a deal worth over £5 ...

Rodamco Europe net profits up 7.7% to € 309 million in 2003

Improved occupancy and stable cash flow returns from retail properties.Highlights 2003 Net profits up 7.7% to € 309 million (2002: € 287 million); EPS of € 3.45 (2002: € 3.571 / € 3.442); Pr ...

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 ...

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 ...

Canary Wharf independent directors urge shareholders not to accept Brascan bid

The independent directors of Canary Wharf plc today urged the company´s shareholders not to accept an offer for the company by CWG Acquisition Ltd, the takeover vehicle for Brascan Corp Inc, ...

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 ...

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