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Strong debut for float of HVB arm

Hypo Real Estate, Germany´s first stock market listing for nearly a year, shrugged off fears of a share price collapse and performed strongly in early trading. The spin-off from HVB, the Mun ...

Eurocommercial Properties NV increases Swedish investment

Eurocommercial Properties N.V. ('ECP') announced today that it has acquired four further shopping centres in Sweden at a cost of € 86 million with an overall net yield of 7.5%. ECP now ha ...

Bouwfonds to take over German asset manager

Bouwfonds Asset Management has taken over the Management Company of Polis Grundbesitz und Beteiligung in Germany. Bouwfonds has also taken over the 25% interest which the private banker Delbrüc ...

IVG Immobilien AG takes over 71,42 % of Finland-based Polar Real Estate Corporation

IVG Immobilien AG has today entered into a sale and purchase agreement of 71,42 % of the shares in the listed Finnish Polar Real Estate Corporation (Polar Kiinteistöt Oyj). The transaction is c ...

Deloitte reports a 21 percent increase in global annual revenues, to US$15.1 billion

Deloitte Touche Tohmatsu, the global professional services organization, announced today its tenth consecutive year of annual growth, with combined worldwide revenues from its member firms totaling US ...

Aberdeen Property Investors lets logistics distribution centre to Tommy Hilfiger Europe BV

Aberdeen Property Investors Continental Europe B.V. (APICE) has let a 25,000 m² logistics distribution centre in Venlo, the Netherlands, to Tommy Hilfiger Europe BV, on behalf of the Swedish pe ...

Aareal Bank finances Hotel InterContinental in Prague

Aareal Bank has provided a loan of € 75 m to finance the InterContinental Hotel in Prague’s historic city centre. First built in the 1980s, this 5-star establishment on the ...

SFL launches a public tender offer for the securities of Sophia

The Board of Directors of SFL â€" Société Foncière Lyonnaise â€" which met on 28 September 2003, has decided to submit to the shareholders of Sophia an alternative ...

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