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Canary Wharf confirms Reichmann MBO talks

Canary Wharf has backtracked on yesterday’s denial and confirmed that Chairman, Paul Reichmann, is considering a management buyout of the company.In a statement made late last night at ...

Hammerson announces half year results

Hammerson has announced its unaudited half year results for the six months to 30 June 2003. Net rental income has increased with 16.8% to £ 97.5 mln. compared to the same period in 2002, also t ...

British Land bids for Commonwealth Institute

British Land is looking to buy the Commonwealth Institute in Kensington, with a view to transforming it into a new headquarters for the Royal Shakespeare Company.The institute put the property on the ...

ING Real Estate Investment Management Belgium sells retail real estate to Prowinko

ING Real Estate Investment Management Belgium (ING REIM) has sold all its solitary retail activities in Belgium to Prowinko, an investment company of the Dutch investors Max Vorst and the family Abram ...

Canary Wharf receives no proposal from Reichmann

Canary Wharf, the Docklands property group, on Tuesday said that the board of directors had not received any proposal from Paul Reichmann, executive chairman, or any consortium formed by him.The compa ...

KFN takes measures against empty standing

The results of KFN in the first six months of 2003 reflect the sentiment in the real estate market. In the first half year KFN’s portfolio was also hindered by this market situation. As ...

Pricoa buys retail objects in Central Europe

The Swedish real estate company Skanska has sold four newly developed larg scale retail objects in Central Europe for the amount of € 51.6 mln. The buyer is an international real estate f ...

Reichmann could join in Canary Wharf fray

Bidders for Canary Wharf are expected to submit final offers this week for a takeover that could be worth £1.4bn, amid speculation that Paul Reichmann, executive chairman of the Docklands prope ...

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