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The IBUS Company buys 1.354 apartments in Germany (DE/NL)

The IBUS Company recently purchased a German residential portfolio, consisting of 1,354 apartments in Salzgitter, Braunschweig and Köln, Germany. The apartments, which were constructed in the 1950's ...

Rodamco Europe reports 9.7% increase in direct result after tax in first half year 2006 (NL)

Rodamco Europe is reporting good results for the first six months of 2006. Direct result after tax is up 9.7% and Triple NAV per share grew by 11.3% to €67.27 per share. Rodamco Europe is focusing on ...

New brands in Złote Tarasy (PL)

The Alshaya Group is to open 4 stores with a combined area of 1,000 sqm in the Z³ote Tarasy shopping centre in Warsaw, Poland. The Alshaya Group is based in the Middle-East and owns the franchises fo ...

Cofinimmo's net current result per ordinary share (€ 4.87) reinforces the announced forecasts for the year 2006 (BE)

The tendencies observed on the Belgian office real estate market in 2005 have not much evolved during the 1st half of 2006. The rental market is still characterised by a fairly weak take-up (283,774m ...

Sustainable solutions and step change in EC Harris service delivery for Merton (UK)

The London Borough of Merton has appointed EC Harris as its partner for the property maintenance consultancy services to manage its corporate property portfolio, which includes office buildings, socia ...

Aareal Bank Group publishes results for the first half of 2006 (DE)

Aareal Bank Group consolidated net income after minority interests was € 51 million for the first six months of 2006. This corresponds to an increase of €6 million – or 13% - over the same period o ...

Société de la Tour Eiffel invests in new peripherial office quarter (FR)

STE are forward funding a new office and retail project in the North East of Paris at the Porte des Lilas. The developer Nexity will retain a minority stake in the project. Porte des Lilas is the focu ...

Nordic Real Estate Partners acquires properties in Finland for €24 million (FI)

Nordic Real Estate Partners (NREP) has acquired four retail and logistics/warehouse properties and in addition signed a pre-contract for a new development of a logistics terminal with one of its strat ...

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