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Affine group creates new subsidiary, Affine Building Construction & Design (FR)

Affine group announces the creation of a new subsidiary, Affine Building Construction & Design (ABCD), dedicated to the engineering of turnkey construction.. This new entity will expand Affines ex ...

HypoVereinsbank to integrate corporate customer business of Westfalenbank mid 2006 (DE)

HypoVereinsbank will integrate the corporate customer business of its wholly-owned subsidiary Westfalenbank AG. The Management Boards of the two companies have now agreed on this move. It will involve ...

DIFA makes targeted investments in Germany: acquisitions in Kassel and Munich (DE)

Hamburg-based DIFA Deutsche Immobilien Fonds AG is taking over a project in Kassel from Development Partner AG, with the companys investment for its open-ended real estate fund DIFA-Global amounting t ...

SFL enjoys another year of earnings growth (FR)

The Board of Directors of Société Foncière Lyonnaise, chaired by Yves Mansion, met on 2 February 2006 to approve the 2005 financial statements prepared in accordance with IFRS using the cost model. ...

Fabege achieved best results in 2005 (SE)

In 2005, Fabege achieved its best result yet, as the profit after tax shot up by 93 per cent to SEK 2,666m, Erik Paulsson, Fabeges CEO, comments.Turnover in the property portfolio was high, totalling ...

JM sells property worth SEK 99 million (SE)

In a deal with two local tenant-owner co-operatives JM sells the two properties Domaren 14 and Timmermannen 13 in Vaxholm. The selling price totals SEK 99 million.The deal provides JM with a capital g ...

Aberdeen raises €623.5 mln. for its property fund (UK)

Aberdeen Property Investors announced the final closing of Aberdeen Property Partners (AIPP), Europe's largest pooled property fund of funds. The fund, which was oversubscribed, is the first of its ki ...

Hines acquires 720 Olive Way in Seattle (US)

The Seattle office of Hines has announced that Hines-Sumisei U.S. Core Office Fund, L.P. (Core Fund) has acquired 720 Olive Way in Seattle from Archon Group, L.P. Hines will manage and lease the prop ...

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