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London remains most expensive city in the world for occupational costs

London Heathrow is the most expensive location for industrial property in the world, according to the latest King Sturge Global Industrial & Office Rents Survey. The report lists London&acute ...

Size of mergers and takeovers in Europe declines with almost 30%

The merger and takeover activities of real estate companies in Europe have strongly declined in 2003. The total size of the mergers and takeovers was US$ 27.6 bln. in 252 transactions. The year before ...

Heijmans possible violation of anti trust regulation (NL)

Heijmans N.V. (construction, real estate development and related activities) announces that on behalf of its division Heijmans IBC Construction on February 13 notification has been made to the Dutch A ...

Morgan Stanley says alternative offer for Canary Wharf not a certainty

Morgan Stanley-led consortium Silvestor UK Properties Ltd, which is bidding for London developer Canary Wharf Group plc, said its announcement last Friday was not intended to imply a new offer for Can ...

St Modwen Properties confident after strong profits and exceptional start to 2004

St Modwen Properties plc said it is confident of another year of record results ahead after the year to Nov 30 2003 turned in strong profits and net asset value. The regeneration specialist today repo ...

British Waterways plans

British Waterways is seeking a development partner for a £2bn mixed-use scheme at Wood Wharf, a vacant 20-acre site next to Canary Wharf.The proposed development would provide 3.5m sq ft of office, r ...

Brascan ups bid for Canary Wharf

Canadian group Brascan upped its bid for Canary Wharf Group plc to 275 pence per share, matching a rival bid from a consortium led by Morgan Stanley, from its earlier offer of 270 pence a share. The n ...

Rodamco Europe completes DonauZentrum transaction

Rodamco Europe has completed the signing of the purchase of 90% of the DonauZentrum in Vienna, Austria, as announced on 22nd December 2003, after having obtained the necessary approval from the Austri ...

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