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AXA REIM reassesses AXA’s stake in SIMCO in order to optimize it

AXA Real Estate Investment Managers France (AXA Group), which manages AXA entities’ stakes in real estate, including approximately 31% in SIMCO, announces its reassessment of this holding in or ...

Euro-zone inflation estimated at 1.9%

Euro-zone1 annual inflation2 is expected to be 1.9% in July 2002, up from 1.8% in June 2002, according to a flash estimate issued today by Eurostat - the Statistical Office of the European Communities ...

Westfield Trust reports 9.7% increase

Westfield Trust today announced a net profit after tax of $234.8 million for the half year ended 30 June 2002, an increase of 9.7% on the same period last year.This represents a distribution of 11.73 ...

Lend Lease increases stake in US REIT Manager

Lend Lease Real Estate Investments, Inc. announced today that it has increased its 50% ownership stake in Lend Lease Rosen Real Estate Securities, Inc. to 74.9% and has entered into a three-year agree ...

Freshfields Bruckhaus Deringer advises on Vesteda's innovative €1.4 bln securitisation

Freshfields Bruckhaus Deringer has acted as legal adviser to Deutsche Bank as lead manager on a €1.4 billion securitisation of a residential property portfolio owned by Vesteda Woningen.The tran ...

ING Real Estate takes Corner Stone Investor position in Singapore’s first REIT

Recently the CapitaMall Trust has been listed, the first real estate investment trust on the Singapore Stock Exchange. The trust has been launched by CapitaLand, ING Real Estate’s Joint Venture ...

Consortium led by The Merwede Group and Lehman Brothers Real Estate Partners intends to start tender

The consortium led by The Merwede Group and Lehman Brothers Real Estate Partners intends to start the tender period for the entire issued and outstanding ordinary share capital of Uni-Invest N.V. on o ...

Westfield receives outline planning consent for first UK development

Derby City Council has resolved to grant outline planning consent for WestfieldÂ's application for a e Eagle Centre, at Derby, in the United Kingdom.In line with normal practice, members of Derby Cit ...

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