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Slough Estates announces Nigel Rich as Chairman Designate (UK)

International property group, Slough Estates plc, is pleased to announce that Nigel Rich will be joining the Board as a non-executive director and Chairman Designate on 1st July 2006. He will become C ...

McArthurGlen to expand into Germany (UK/DE)

McArthurGlen has announced that it has taken over the management and leasing of the B5 Outlet Centre at Brandenburg, near Berlin, Germany. The move is a two-fold first for McArthurGlen: it is the comp ...

Tornet sells twelve properties in Gothenburg (SE)

Tornet, a subsidiary of Fabege, has sold twelve properties in Gothenburg for approximately 45 million (SEK 380 million).The properties are sold through a company, resulting in an after-tax gain of app ...

GE Real Estate to support Foncière des Régions and Bail Investissement Foncières merger intention (FR)

GE Real Estate has announced its support of the intended merger between Foncière des Régions and Bail Investissement Foncière, which was approved by the Supervisory Board and the Board of Director ...

ProLogis to develop 61,400-m² industrial facility near Tokyo's Narita International Airport (US/JAP)

ProLogis (NYSE: PLD) has announced that it will develop a new, 61,400-m² (661,000-ft²) industrial facility adjacent to Tokyo's Narita International Airport. The seven-story, multi-te ...

First Property Group announces preliminary results for the year ended 31 March 2006 (UK)

Property asset manager First Property Group plc (AIM: FPO) has announced preliminary results for the year ended 31 March 2006. Financial highlights are: turnover grew 47% to approx. €13 mill ...

GECINA acquires two office properties in Paris for €103 million (FR)

GECINA has signed a promissory agreement with Colony Investors VI and Colyzeo, represented by Colony Capital, a private investment fund specialized in real estate, for the acquisition of two office pr ...

FADESA and Globalia reach agreement to construct a series of hotel developments (ES)

The FADESA Group and Globalia Corporación Empresarial have signed a framework agreement which paves the way for the creation of a joint hotel management company in which both partners will have an eq ...

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