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HVB unit steps up domestic shift

Hypo Real Estate, the mortgage bank that will be spun off by HVB next month, yesterday agreed to buy a €4.6bn ($5.3bn) US property portfolio from its parent as it prepares to convince inv ...

Canary Wharf directors set for £1.8bn bid

Canary Wharf Group´s independent directors are expected on Thursday to recommend a £1.76bn offer from an investment banking-backed group to acquire the company at 300p per share. The ...

Institutional real estate portfolios stable

The volumes of the real estate portfolios of the insurers and pensionfunds have hardly changed over the last two quarters. At the end of the first quarter as well as at the end of the second quarter, ...

British Land wins EPRA Award

During its Annual Conference in Madrid the European Real Estate Association (EPRA), representing the European public real estate sector, granted The British Land Company, the EPRA Award. It is the sec ...

ING and Manchester in £65m plan to regenerate derelict mills

ING, one of Europe´s biggest financial institutions, has thrown its weight behind Manchester´s bid to become a world heritage site with a £65m plan to preserve and regenerat ...

ARCADIS expands activities in Belgium

ARCADIS, the international consulting and engineering firm, today announced that it has acquired two Belgian firms: engineering consultancy FALLY-DELBAR-JOUNIAUX NV and facility management consultant ...

LaSalle buys megacomplex Sony in Tilburg

LaSalle Investment Management (LIM) has bought the Northeuropean distribution center of Sony Logistics in Tilburg on behalf of one of its closed funds. The total investmentvolume of this transaction i ...

WestLB business model for 2005 ready for implementation

At its meeting yesterday, the Supervisory Board of WestLB AG reaffirmed its support for the strategic direction agreed on August 6, 2003 for tackling the current issues facing the bank. Based on this ...

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