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ARCADIS reaches agreement in principle on acquisition of PRC Bouwcentrum

ARCADIS, the international consulting and engineering company, today announced that it has reached an agreement in principle to acquire all the shares of PRC Bouwcentrum B.V. (PRC). PRC specializes in ...

Bouygues 2003 first-half; further sharp rise in earnings before tax and exceptional items, net earni

The Bouygues group’s consolidated sales for the first half of 2003 amounted to € 10.2 bln, down 5.8% on the same period in 2002 due to the disposal of Bouygues Offshore at ...

Aareal Bank unites specialist know-how in Aareal Estate AG

Aareal Bank Group today announced the establishment of Aareal Estate AG, a newly-established property management subsidiary. Initially, the new subsidiary will focus on supporting Aareal Bankâ₠...

Heron and Axa Sun Life launch £250m property fund

Heron International and Axa Sun Life are launching a £250m fund to invest in a broad portfolio of hotels, offices, warehouses and retail property. The fund, two-thirds of which will be debt, wi ...

Electrolux Home Products appoints DTZ as its preferred property adviser for Europe

Electrolux Home Products (EHP) has appointed international property adviser DTZ as its preferred supplier for all real estate-related work within Europe. EHP is part of the Electrolux Group which is t ...

CGI buys 50% stake in Chelsfield’s White City redevelopment

Chelsfield has confirmed that the German fund, CGI, is to take a 50% stake in the long-awaited White City retail development, in a deal that values the site alone at £203m. Under the terms of t ...

Karl-Heinz Seibert appointed to the managing board of Siemens Real Estate

There’s a new face on the managing board of Siemens Real Estate (SRE), with Karl Heinz Seibert set to join existing members Prof. Peter Niehaus (Chair) and Dr. Jochen Scharpe from 1 Sep ...

ProLogis raises additional 637 million Euro ($689 Million) of private equity capital to support expa

Second financing for ProLogis European Properties Fund adds 1.8 billion Euro ($1.9 billion) of investment capacity, bringing ultimate fund size to over 4.5 billion Euro ($4.9 billion). ProLogis today ...

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