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GTC plans €500 million investments by end-2008 (PL)

Poland's publicly listed property developer Globe Trade Center (GTC) plans to invest at least €500 million by the end of 2008, mainly in the development of offices and shopping centers.GTC in ...

Homburg Invest expands interest in DIM Vastgoed (USA/NL)

Homburg Invest now controls the voting rights of approximately 24%of the shares of DIM Vastgoed N.V. (DIM). The major shareholders of DIM, Partex East B.V. and Partex West B.V., have committed to sell ...

New Finnish property fund attracts €45 million (FI)

Aberdeen Property Investors has attracted €45 million for the first closing of its new Finnish property fund. The investment has come from pension funds, institutions and corporations such a ...

AMs annual result in line with expectations (NL)

AM NV closed 2005 in line with the previously announced profit forecast. Operating income for 2005 is expected to be some € 1.4 billion. AM anticipates an operating profit of €135–1 ...

Hotel investors will look East in 2006 (UK)

Hotel investors predict that Eastern European markets will give their more established peers in Western Europe a run for their money on trading performance this year says a report by Jones Lang LaSall ...

Rodamco Europe expands its ownership in Velizy 2 shopping center in Paris' region (NL/FR)

Rodamco Europe NV reinforces its presence in Velizy 2 and France by purchasing an additional 4,720 m² of retail units in Velizy 2 shopping center, located in Western Paris. These units are leased to ...

Hypo Real Estate Bank completes €169m financing to Société de la Tour Eiffel (DE/FR)

Hypo Real Estate Bank International has announced that it has arranged a €169 million facility for Société de la Tour Eiffel. The facility will be used to finance the acquisition of Locafi ...

Aedes and Brioschi Finanziaria reach agreement on sale of 50% equity interest in Quadrante (IT)

Aedes SpA and Brioschi Finanziaria SpA have reached an agreement on the sale of the 50% equity interest held by Brioschi Finanziaria in Quadrante SpA. Quadrante is a company that owns a development ar ...

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