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CGS launches investment fund for Eastern Europe

This summer the German Commerz Grundbesitz Spezialfonsgesellsvhaft GmbH (CGS) will introduce Euro Property 1, the first special fund that will invest in the dynamic markets of Eastern Europe.Last week ...

Workspace targets further

Workspace Group plc said it is confident of reporting another year of growth in earnings and NAV during 2004, and is planning £60m worth of acquisitions.The provider of flexible business accommodatio ...

Hermes buys

Hermes has agreed to buy a portfolio of four outlet malls from Freeport for £245.5m, in a deal that will make Hermes the biggest owner in the UK outlet market.The four outlets are in Braintree, Castl ...

ABN AMRO announces intention to divest stake in Bank of Asia

ABN AMRO today announced its intention to divest its 80.77% stake in Bank of Asia. The divestment of Bank of Asia is being performed in light of on-going consolidation in the Thai retail banking marke ...

ING Group reports on full year 2003

Banking results lead the way to firm profit growth. Operating net profit up 18.1% from 2002 to EUR 4,053 million; Per share EUR 2.00 (+13.1%); Banking operating net profit up 72.6% to EUR 1,545 millio ...

Commerzbank: strong improvement in operating profit - Future viewed with confidence

In the past business year, Commerzbank achieved its expected and promised return to profit. The bank’s operating profit showed a considerable improvement of more than 350m euros on 2002. In view of ...

Canary Wharf adjourns court meeting and EGM

Canary Wharf Group PLC said it has adjourned the court meeting and extraordinary general meeting scheduled for Feb 23 to approve a Morgan Stanley-led bid for the company.'Given the uncertainty regardi ...

Prologis to develop distribution park in Denmark

Prologis is going to develop a logistics park south of the Danish capital Copenhagen. The park, Prologis Park Copenhagen, will be built in three phases. The area of 114,000 m² will in principle be di ...

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