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New business volume Aareal Bank AG increased by 80% (DE)

MDAX - listed Aareal Bank AG looks back on an eventful financial year 2005. For the year 2006 the Bank plans to restore the distribution of a dividend in 2007. The start into the current financial yea ...

New Alliance boosts property industry cooperation (UK)

The British Council for Offices (BCO), British Property Federation (BPF), Investment Property Forum (IPF) and Royal Institution of Chartered Surveyors (RICS) have formed an alliance to tackle major ...

Kungsleden negotiates divestment (SE)

As announced previously in a press release of 12 April 2006, Kungsleden is negotiating the divestment of commercial properties worth approximately €460 million (SEK 4.3 bn). This negotiation ...

Befimmo half-yearly accounts: 18% growth (BE)

Befimmo SA, managing partner of the Sicafi (fixed capital real estate investment trust)Befimmo SCA, has finalised the half-yearly accounts for Befimmo SCA as at 31 March 2006. Before analyzing the res ...

British Land expands in Spain (UK/ES)

British Land has taken a significant step in expanding its European out of town retail interests. The company has formed a 50:50 joint venture with a group of European private investors and one of Spa ...

Fabege is acquiring the property Ormträsket 10 in Stockholm for approx. €72 million (SE)

Fabege is acquiring the property Ormträsket 10 in Stockholm for approximately €72 million (SEK 625 million). On the property is the property complex Wenner-Gren Center, comprising two build ...

Citycon to buy Stenungs Torg shopping center near Gothenburg (FI/SE)

Citycon has signed an agreement to acquire the entire share capital of Stenungs Torg Fastighets AB, the majority holder of the Stenungs Torg shopping center located in the Stenungsund municipality nor ...

HGA Capital begins sale of shares in HGA/Central Europe V Fund (DE/HU)

HGA Capital Grundbesitz und Anlage GmbH begins selling shares in its third closed-end real estate fund investing in Hungary. The Fund will invest in a total of five office buildings, of which two are ...

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