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British Land sells stake in £72 million Hercules Income Fund (UK)

British Land has completed the sale of its 26.1% interest in the Hercules Income Fund to clients of LaSalle Investment Management which is now the sole owner of HIF.The transaction, which represents a ...

Teachers' and KIRKBI make €500 million equity investment in ISS (CA/DK)

Global long term investors Ontario Teachers' Pension Plan (Teachers') and KIRKBI Invest A/S have agreed to invest €500 million (approximately DKK 3,721 million) in ISS, a leading global provider of f ...

The Crown Estate appoints new Director of Rural and Coastal Portfolio (UK)

The Crown Estate has announced that Ken Jones is to be appointed as Director of its Rural and Coastal Portfolio.Jones's appointment will take effect from November 5, 2012. He is currently a Director o ...

DIC Asset AG posts half-year results: significantly higher FFO (DE)

DIC Asset AG has today presented its interim report for the first half of the 2012 financial year. Gross rental income posted a marked increase of 11%, to €62.5 million.The vacancy rate has fallen fu ...

Max Barclay appointed Head of new business area at Newsec (SE)

Max Barclay has been appointed to head the newly established Newsec Corporate Solutions business area. Barclay will assume operational responsibilities for the Swedish unit of Corporate Solutions and ...

Savills appoints new Head of Germany (DE)

International real estate advisor Savills has today announced that Marcus Lemli will take on the role as Head of its German business from October 1, 2012 following the departure of Bernd-Uwe Willer, c ...

pbb Deutsche Pfandbriefbank posts profit increase during the second quarter (DE)

During the second quarter of 2012, pbb Deutsche Pfandbriefbank increased pre-tax profit (in accordance with IFRS) to €30 million, up from €21 million in the first quarter. With a total pre-tax profi ...

Deutsche EuroShop: positive trend continues (DE)

With revenue of €104.5 million (previous year: €91.1 million), net operating income (NOI) of €93.6 million (€81.5 million) and EBIT of €91.2 million (€78.4 million), shopping center investor Deu ...

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