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Government approve "Shard of Glass" London’s tallest building

The Office of the Deputy Prime Minister has given planning approval to the Renzo Piano designed London Bridge Tower in Southwark. The proposal, promoted by Teighmore Ltd, represents Londonâ€â ...

ABP says it´s monitoring Alliance Capital situation

Stichting Pensioenfonds ABP says that Alliance Capital, caught up in the US improper trading probe, will continue to manage money for the fund for now â€" though it would continue to monitor t ...

Northern in M-o-M talks with Dutch, German banks

Northern Trust Global Investments says it is in manager-of-manager distribution talks with Dutch and German banks. The moves come as NTGI says it is becoming “more involved” ...

Land Securities post results above expectations

Land Securities PLC posted a 15.7 pct hike in interim pretax profits, above markets expectations, and said its adjusted diluted net asset value increased 4.0 pct to to 1264 pence. For the six months t ...

Hammerson Acquires Sheffield Retail Park for £60 million

Hammerson plc has acquired Drakehouse Retail Park, Sheffield, for £60.2 million, inclusive of costs, from The Junction Limited Partnership. The transaction reflects a net initial yield of 5.4%, ...

Direct investment result VastNed Retail increases by 5.8% in first nine months 2003, VastNed Offices

In the first nine months of 2003 VastNed Retail’s direct investment result showed an increase of 5.8% compared to the first nine months of 2002. The direct investment result per share r ...

British Land buys out joint venture partner for £163m

British Land has bought out the remaining share in BL Universal, its joint venture with the retailer GUS, for £163m. The 50:50 joint venture was set up in February 1997, when British Land bough ...

Largest bank of Europe to take over realtor Atis Real

According to the German Immobilien Zeitung rumor has it that the French bank BNP Paribas is in advanced negotiations with the French-German realtor-chain Atis Real for a take-over.The French Atis Real ...

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