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Metrovacesa acquires properties and rents them to their previous proprietors

Metrovacesa has bought from the Ahold company a total of 12 commercial centers located in Cadiz, Seville, Cordoba, Malaga, Jaen and Barcelona. The total surface is 25,906 m² and will be rented ...

Paul Rutte to become Director Development at NS Real Estate

Drs Paul Rutte will join NS Real Estate from 1 June onwards. As Director Development he will get the responsibility for all real estate developments of the Nederlandse Spoorwegen (Dutch Railways). He ...

Largest acquisition abroad by DB Real Estate for Open-Ended Real Estate Fund

The DB Real Estate Investment GmbH (Eschborn) has purchased the office building Tour Adria in Paris for its open-ended real estate fund grundbesitz-invest at a cost of approximately 380 million Euro f ...

PGGM sold € 400 mln.worth of real estate investments in 2002

Pensionfund PGGM has sold real estate investments for the amount of € 400 mln. in 2002 to diminish the real estate part of the total investmentsportfolio. Real estate seemed to be increas ...

Agreement of Caltagirone and Marchini with Spanish branch of Intesa Bank concerning Metrovacesa

The groups Caltagirone and Marchini have reached an agreement with the Spanish branch of the Intesa Bank, that it will finance the public offer of the acquisitions of the shares (OPA) sent on 100 % of ...

AM (Amstelland MDC) opens sixth shopping centre in Portugal

On 8 April 2003 shopping centre Forum Montijo has been opened with a ceremony for 2,500 guests. Situated in Montijo in the Lissabon region, Forum Montijo shopping centre comprises 57,000 m² of ...

Annexum Invest plans to launch non-listed real estate fund

Annexum Invest will file for permission to launch a non-listed investment fund. The ´Vastgoed Fundament Fonds´ will serve as a vehicle for investments that are less suitable for in ...

Rotterdam lowers plot prices for residential building

In the city of Rotterdam the minium price for plots destined for residential buildings have been lowered by 3% compared to last year. The decrease is seen as a compensation for increased building cost ...

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