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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 ...

KFN wants to double Dutch portfolio

The non-listed office fund KFN wants to double its Dutch portfolio in the coming years from the present € 1.2 bln. to € 2 â€" 2.5 bln. Next to that, KFN sees chances ...

Hammerson - Sale of Three London Office Buildings for £122 million

Hammerson plc has exchanged conditional contracts for the sale of three office properties in central London, 21 Moorfields, EC2, Grant Thornton House and 40 Melton Street, Euston Square, NW1, to a sub ...

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