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In a legal first, Emirate's government takes over development to protect investors (UAE/UK)

One of the largest property developments in Ras al Khaimah in the United Arab Emirates has been taken over from insolvent owner Khoie Properties, by the government, in a court action, which brings rel ...

ProLogis European Properties intends to convert its legal structure to improve financial flexibility (EUR)

ProLogis European Properties (Euronext: PEPR), one of Europe's largest owners of modern distribution facilities, has proposed, subject to investor approval, to convert its legal structure from a fonds ...

Helical Bar sells Rex House to Crown Estate for

Helical Bar plc ("Helical" or the "Company") has sold its short leasehold interest in Rex House, 4

Helical Bar sells Rex House to Crown Estate for £34 million (UK)

Helical Bar plc ("Helical" or the "Company") has sold its short leasehold interest in Rex House, 4 – 12 Regent Street, London SW1 to the freeholders, The Crown Estate, for a cash consideration of £3 ...

Land Securities agrees debt facility against St David's Development (UK)

The St David's Limited Partnership, a 50:50 joint venture between Land Securities and Liberty International PLC subsidiary, Capital Shopping Centres, has agreed a facility for up to £290 million (app ...

Umbrella contract for Muziekpaleis and Vredenburg Intersection (NL)

Heijmans and the City of Utrecht have signed an umbrella contract for two sub-projects: the realization of the new Muziekpaleis (Music Palace) and the construction of the Vredenburg Intersection in Ut ...

Warimpex: Losses from write-downs in H1 2009 indicators show stabilizing hotel market (DE)

The first half of the year for Warimpex Finanz- und Beteiligungs AG brought a loss in the amount of €98.6 million because of impairment write-downs, and also in part serious declines in occupancy lev ...

Deutsche Pfandbriefbank completes €225 mln. investment financing for Carpathian plc in CEE

Deutsche Pfandbriefbank AG announces that it has provided a

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