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Rodamco Europe reports 8.3% increase in direct result after tax in 2006 (NL)

Rodamco Europe N.V. reports strong results for 2006. Direct result after tax is up 8.3% and Triple NAV per share grew by 26.5%, showing a strong operational performance and continuing growth in triple ...

Turkish mortgage law passes without tax incentives (TU)

Turkey finally got its mortgage law, expected to help people own their own homes by paying installments almost equal to their monthly rents. The Parliament passed the bill on Wednesday, 21 February 20 ...

Hypo Real Estate completes £31m financing for residential and retail development (UK/DE)

Hypo Real Estate Bank International AG, a member of Hypo Real Estate Group, announces that it has provided an approx. €43 million (£31 million) facility to a Joint Venture Vehicle he ...

X-Leisure Fund acquires Xscape MK and Castleford to grow £900 million (UK)

Capital & Regional plc, the co-investing property asset manager, has announced that the X-Leisure Fund has acquired Xscape Castleford and Xscape Milton Keynes from its partnerships with clients of ...

CB Richard Ellis Strategic Partners Europe Fund II acquires 4 office buildings in Paris region (FR/UK)

CB Richard Ellis Strategic Partners Europe Fund II, a fund managed by CB Richard Ellis Investors, has announced the acquisition of a property company holding four office buildings from a fund managed ...

Hammerson plc appoints Jacques Espinasse as non-executive Director (UK)

Hammerson plc has announced the appointment of Jacques Espinasse as a non-executive Director of the Company with effect from 1 May 2007. Mr Espinasse joined Vivendi as Chief Financial Officer in 2002 ...

DHL takes option to lease 25, 000 m² in Eirkel Business Park in Jelgava, Latvia (LV)

DHL Exel Supply Chain, the leading company in contract logistics, has signed an agreement which secures an option to lease the whole first stage that has been commissioned January this year – 25,000 ...

Tishman Speyer and ICICI venture to develop Hyderabad community in India (IN/US)

A consortium led by Tishman Speyer and ICICI Venture – in partnership with Nagarjuna Construction Company - has been selected by the Hyderabad Urban Development Authority ('HUDA') to develop India's ...

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