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Bouwfonds books record results for 2005 (NL)

In 2005 Bouwfonds achieved a net profit of €314 million, a 16% increase in comparison to the figure for 2004 (€271 million). The rise in net profit was mainly due to further growth ...

CGS reinforces its management (DE)

Commerz Grundbesitz-Spezialfondsgesellschaft mbH (CGS) has reinforced its Management, which now includes Dr. Philipp Freiherr von Wilmowsky (34) and Alexander Tannenbaum (39). Both of them joined the ...

Hypo Real Estate Bank finances Gehag GmbHs acquisition of a residential portfolio in Berlin (DE)

The Hypo Real Estate Bank AG, Munich, has financed the acquisition of a real estate portfolio with approximately 5,300 residential units and five retirement and nursing home properties by Fortimo GmbH ...

Citycon acquires Tullintori Shopping Centre in Tampere (FI)

Citycon Oyj has purchased Tullintori Shopping Centre in the Tampere city center from Suomen Osuuskauppojen Keskuskunta. The acquisition comprises 57.4% of the shares in the real estate company Kiintei ...

Ireland set to outperform the UK in 2005 (IRE)

Irish commercial property delivered total returns of 24.3% in 2005, according to the SCS/IPD Irish Index, ahead of equity returns at 21.7% and bonds at 8.0%. This is the highest level of total return ...

Beni Stabili Board approves revaluation of investment properties (IT)

Beni Stabilis Board of Directors has elected to exercise the option of revalu ing its investment properties at 31 December 2004, as provided for by articles 469 and 476 of the 2006 Finance Bill approv ...

Deutsche EuroShop increases earnings by 60% in 2005 (DE)

Deutsche EuroShop is expecting a net asset value (NAV) of €45.70 per share (2004: €43.96, an increase of 4%) and consolidated net income of at least €44.5 million (&#128 ...

Land Securities Trillium and Mill Group form joint venture partnership (UK)

Land Securities Group PLC announces that its property outsourcing business Land Securities Trillium and Mill Group have now completed the formation of a joint venture company, Investors in the Communi ...

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