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Aareal Bank opens a branch in Switzerland

Aareal Bank AG is opening a branch in Zurich this month. This represents a further achievement in the company’s internationalisation policy.The property bank will then be represented in 13 European ...

API makes

Aberdeen Property Investors has bought the freehold interest in 10-15 Princes Street, Edinburgh, from Schroder Property Investment Management for £26m.The property comprises two double retail units a ...

Profits Wereldhave compensated by weak exchange rate US-dollar

Results 2003: higher profit despite lower dollar; profit € 116.5 mln; EPS € 4.45; proposed dividend: € 4.45 p.s. The exchange rate differences on result, caused by a 16% lower average exchange ...

St James

St James’s Place Capital has appointed Insight Investment to oversee the building of a £500m commercial property portfolio, in a major strategic shift into the sector.One of the UK’s biggest weal ...

Slough Estates forms

Slough Estates has joined forces with Conrad Phoenix Properties to work on a £250m mixed-use scheme on a site next to British Land’s Canada Water development in South London.The two companies last ...

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 ...

St James

St James’s Place Capital has appointed Insight Investment to oversee the building of a £500m commercial property portfolio, in a major strategic shift into the sector.One of the UK’s biggest weal ...

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