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Swedes´ rejection of the Euro will cost Rodamco Europe 7 million

Swedes´ decisive rejection of the euro single currency will cost Rodamco Europe 5 to 7 million. Despite this, Rodamco Europe will continue to expand in Sweden. Financing Swedish shopping ce ...

Aareal Bank finances logistics centres in compliance with Islamic Sharia law

Aareal Bank has financed the acquisition of four British logistics centres for one of the property funds managed by Kuwait Finance House, one of the largest Islamic banks. The overall volume of the pa ...

Property sector lifted by Deutsche bank

Shares in British Land, Hammerson and Slough Estates could get a lift in opening deals after Deutsche bank lifted its ratings on the trio to ´buy´ from ´hold´ a ...

Canary Wharf deal jeopardised by price cut

LONDON (AFX) - Banks bidding for Canary Wharf, including Morgan Stanley and Goldman Sachs, are set to further cut the price they are prepared to pay for the docklands development complex, The Observer ...

DIFA selects Heron Tower architect for Bishopsgate scheme

The architect of the Heron Tower in London´s City area, Kohn Pedersen Fox, has been picked by German open-end fund manager, DIFA, for its Bishopsgate tower scheme. It has also been revealed ...

Ashtenne buys Netherlands warehouse for £8m from Hays

Ashtenne Holdings PLC, the property investment and active management company, said it bought a 550,000 square foot logistics warehouse in Amersfoort, near Utrecht, in the Netherlands, for 8 mln stg fr ...

Hammerson wins consent for Gloucester retail park

Hammerson PLC said it has received outline planning consent for St Oswald´s Park, Gloucester, a retail-led mixed use development on a site of 53 acres close to the city centre. Hammerson sai ...

DB Real Estate set to buy £100m Martineau Place from Birmingham Alliance

The Birmingham Alliance is on the verge of selling the 176,000 sq ft Martineau Place shopping centre for £100m, in the first disposal from its £800m development project in the city centr ...

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