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BNP Paribas reduced its equity interest in Klépierre under 52% (FR)

BNP Paribas has informed Klépierre of the reduction of its equity stake under 52%. BNP Paribas also took the opportunity to reassert its intention to keep the majority ownership of the company.Source ...

Skanska sells property in Sollentuna for SEK 265m with gain of SEK 104m (SE)

Skanska is selling the Romben 3 property in Sollentuna for SEK 265 million to AB Sagax. The capital gain amounts to SEK 104 million and will be reported in the first quarter of 2006. Transfer and fina ...

ING Real Estate Development appoints new Country Manager Poland (PL)

Mr. Wojciech Orlof has been appointed as Country Manager for ING Real Estate Development in Poland as of 1 May 2006.Mr. Orlof has a significant international track record of more that 20 years in the ...

Wereldhave Belgium present 2005 Results (BE)

In 2005, Wereldhave Belgium's profit rose from EUR 22.3 mln to EUR 28.7 mln. This is the result of a higher positive revaluation (EUR 6.2 mln), a higher operating result before result on the portfolio ...

Hypo Real Estate Bank International in Stuttgart launches Pfandbrief in Australia (AU)

Hypo Real Estate Bank International AG in Stuttgart has for the first time successfully launched a Pfandbrief as a Kangaroo bond. The Kangaroo Pfandbrief of Hypo Real Estate Bank International AG is t ...

Simon Property Group

Simon Property Group, Inc. (NYSE: SPG) has been named America's Most Admired Company in the real estate industry according to FORTUNE magazine. As part of FORTUNE's 24th annual list of America's Most ...

Hypo Real Estate Capital Corp. closes $32.5m loan for conversion of Greystone Loch Apartments (DE/US)

Hypo Real Estate Capital Corporation (HRECC) the New York-based subsidiary of Hypo Real Estate Bank International and one of the leading financial institutions in the United States commercial real es ...

Inflow in Dutch funds of ING Real Estate more than doubled (NL)

In 2005, investors added over €400 million new money to the institutional real estate funds of ING Real Estate. This is more than double the inflow in 2004 and 2003, which was €154 ...

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