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Westfield adds two major department stores at its Palm Desert and MainPlace centers (US)

Westfield has announced the addition of two major department stores at its Palm Desert and MainPlace centres in the US. This follows the recent announcement Westfield would acquire 15 former Federated ...

Contract of intent signed for Binckhorst redevelopment in The Hague (NL)

The municipality of The Hague, Rabo Vastgoed and BPF Bouwinvest have signed a contract of intent for the redevelopment of the Binckhorst industrial site in The Hague. Ultimately on April 30, 2007 a de ...

WDPs operating profit for 2005 rises to €20.8 million (BE)

The closed-end real-estate investment company Warehouses De Pauw (Euronext: WDP) booked an operating profit for 2005 of EUR 20.8 million and thus exceeds expectations slightly.The operating profit per ...

Klépierre issues €700 million-bond due in 10 years (FR)

Klépierre (rated BBB+ with stable outlook by Standard & Poors) has issued a 10-year bond due March 16, 2016, paying a coupon rate of 4.25%. The margin has been set at 70bps above the 10-year swap ...

Miller Developments receives planning permission for premier outlet center in Denmark (UK/DK)

Miller Developments, in joint venture with its local partner TK Development, has obtained full planning permission for its Premier Outlet Center in Ringsted, Denmark. The Premier Outlet Center will be ...

Great Portland Estates sells three offices sites in London for £33.1 million (UK)

Great Portland Estates plc (GPE) announces three disposals north of Oxford Street for a total consideration of £33.1 million, 22.5% higher than their September 2005 book value (adjusted for c ...

FADESAs profits increase 57% to €181.2 million (ES)

FADESAs net profit increased by 57% in 2005 to €181.2 million, compared with 115.7 million last year. This year has again shown the companys continuing ability to achieve positive growth. Wi ...

British Land completes £753m superstore refinancing (UK)

The British Land Company PLC has completed the £753 million refinancing of its securitised superstore portfolio. As a result of the transaction, BL Superstores Finance PLC has issued &#16 ...

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