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Sale of three London office buildings collapses

On 17 October 2003, Hammerson plc announced the exchange of conditional contracts for the sale of three office properties in central London, 21 Moorfields, EC2, Grant Thornton House and 40 Melton Stre ...

British Land profits boosted by retail sector

British Land Co PLC posted a 33 pct rise in pretax profits for the six months to end-September, helped by strength in the retail sector, and said the investment market remains buoyant. The group, whic ...

Shell International and Shell Real Estate Services (SRES) Select Jones Lang LaSalle as Global Real E

Shell International and Shell Real Estate Services (SRES) have selected Jones Lang LaSalle to serve as their real estate consulting partner across the globe. This follows an extensive global procureme ...

Fortis Investments´ assets up to € 77 bn.

Fortis Investments has reported an increase in assets under management for the first nine months of 2003. Assets under management at the end of the third quarter this year totalled 77 billion euros à ...

Rodamco Europe N.V. announces € 500 million Revolving Credit Facility

Rodamco Europe, the largest publicly listed property investment and management company in the retail sector in Europe, and mandated lead arrangers ABN AMRO and Citigroup, announce the successful compl ...

Deutsche Bank sells corporate real estate portfolio

Deutsche Bank today announced it has agreed to dispose of some of the larger assets within its pan-European real estate portfolio - mainly sites occupied by the bank itself - for a total consideration ...

Neprom to become member of European organization of project developers

The Neprom, Association of Dutch Property Developers, will become a member of the European organization UEPC (Union Européenne des Promoteurs-Constructeurs).According to Neprom’s ...

Fund should manage core internally

European pension funds should manage the core of their business internally, and outsource only the specialist areas of asset management to external managers. This was the message from pension fund man ...

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