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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 ...

Largest lease in 10 years in german speculative office market: O2 signs Uptown München lease (DE)

The Munich office of Hines, the international real estate firm, announced today that the telecommunications firm O2 has signed a lease for 538,000 square feet (50,700 m²) to occupy all availa ...

BVIC signs floating to fixed interest rate swap for entire long term debt portfolio (GR)

BVIC announces that following an extensive review of the financial cost structure of its sale and leaseback and BOT portfolio, the Group has decided to enter into a financial floating-to-fixed interes ...

CLS Holdings PLC announces sale of property in France (UK/FR)

The Board of CLS Holdings plc (CLS) is pleased to announce the sale by its wholly owned subsidiary Citadel Holdings plc of Le 41 building in La Défense, Paris for 22.3 million (15.3 million).The prop ...

Simon Property Group announces strong Q4 results (US)

Simon Property Group, Inc. (NYSE: SPG) has announced results for the quarter and twelve months ended December 31, 2005.Diluted funds from operations ("FFO") of the Simon portfolio for the quarter incr ...

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