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Corio acquires French retail park for €85 million (NL)

Dutch property investor Corio is to acquire a 37,600 m² retail centre that is to be developed by French Sogam, a subsidiary of the Vinci Group in Coignieres, 25 km west of Paris.According to ...

Rodamco Europe opens extension to Allee-Center in Magdeburg (DE)

Rodamco Europe, the largest publicly listed property investment and management company in the retail sector in Europe, will open a new extension to the Allee-Center shopping center in Magdeburg, Germa ...

IVG shows a leap in results and heightened NAV (DE)

The Bonn-based real estate investment group was able to substantially increase its profits in 2005. The post tax consolidated net profit increased some 47% from €74.9 m. to €110.1 m ...

Mecanoo selected to design the Delft municipal offices (NL)

Mecanoo architecten has been selected to make a design study for the new municipal offices of Delft, part of which will incorporate the new railway station. Thirty-five architectural offices took part ...

Hypo Real Estate Group continues course for success in 2005 (DE)

The Hypo Real Estate Group has continued its course of success in 2005, and has met or exceeded its economic targets. The international real estate financier which has been listed in the DAX since Dec ...

British Land purchases Ropemaker Place, London EC2 (UK)

The British Land Company PLC announces the purchase, for a price in excess of 130 million of the units in The Ropemaker Place Property Unit Trust from Grandbesitz-invest, the German open ended fund ad ...

Standard & Poor's announces Glitnir Banks credit rating of A- (IS)

Standard & Poors Rating Services announced tuesday the credit ratings of Glitnir banki hf. (formerly Íslandsbanki hf.): Long-term A-, short-term A-2 and the rating outlook is stable.Glitnir Bank ...

GTC completes its new shares offering (PL)

Globe Trade Centre S.A. (GTC) successfully placed 1.712 million new shares, raising $150 milion. During the book-building process qualified investors declared demand for a total of 4.7 million ...

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