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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 ...

DIM Vastgoed: direct investment result increases by 30% during first six months

DIM Vastgoed saw its result after tax increase by 29.83% to USD 3.937.724 during the first six months of 2002 compared to the same period last year. Annual direct yield now amounts to 10.54% (first ha ...

Liberty International first half year pre-tax profit falls

Donald Gordon, Chairman of Liberty International, commented: “Despite the turbulent conditions currently prevailing in the world’s financial and securities markets, I am gratified that ou ...

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