Invesco Real Estate has bought around a 75% stake in the € 3.5 billion institutional real estate investment arm of Germany’s Hypovereinsbank (HVB) in a deal believed to be worth between € 30-50 ...
Aberdeen Property Investors has announced plans to make over £700m worth of acquisitions this year. API, which is in the process of being taken over by Arlington Securities, predicts returns of 7%-8% ...
Canadian group Brascan has tabled a 270 pence per share cash offer for Canary Wharf plc, valuing the Docklands development company at about £1.58bn.Brascan, which is one of the biggest landlords in M ...
Jones Lang LaSalle has reported a 33% rise in net profits to $36.1m for the year to 31 December 2003. However, revenue at JLL’s European arm was down 3% to $351.1m, although the UK business performe ...
Eurocommercial Properties N.V. (the Company) announced its December 2003 half year results today, showing net income up 11% on the previous corresponding period.Financial Results Net income for the si ...
Cofinimmo has realised an excellent performance in 2003, in a more and more difficult real estate environment. This was illustrated by its introduction in the BEL20 index, showing if necessary that th ...
The Japanese Bank, Daiwa, has sold the landmark Lord Rogers-designed building at 88 Wood Street in the City of London to the German fund manager, Münchmeyer Petersen Capital, for £160m.The property ...
