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Metrovacesa raises income estimates for 2005 to €370 mln. (ES)

The -dynamic strategy- model implemented in Spain has enabled Metrovacesa to almost double the value of assets and multiply total sales by 1.8 in Spain alone. Income nearly trebled and earnings per sh ...

Kungsleden acquires in Botkyrka (SE)

Kungsleden AB (publ) acquires the care property Banslätt 1 in Tullinge in the municipality of Botkyrka from HSB ProjektPartner AB. The purchase price, including transaction costs and tenant improveme ...

VastNed Offices/Industrial invests €17.7 million in Brainpark I in Rotterdam (NL)

VastNed Offices/Industrial has signed a purchase agreement for the acquisition of the KPMG office on 41 K.P. van der Mandelelaan in Rotterdam, the Netherlands, for €17.7 million including pu ...

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 ...

CGI: Transactions volume pushing €7 bln (DE)

Commerz Grundbesitz-Investmentgesellschaft mbH (CGI), a member of Commerz Grundbesitz Group, has signed more deeds in acquisition and sales transactions than ever before, thus showcasing its active re ...

Rodamco Europe nominates new CFO (NL)

Rodamco Europe N.V., the largest publicly listed property investment and management company in the retail sector in Europe, announces the intended appointment of Mr. Peter M. van Rossum (49) as Chief ...

Kungsleden sells 71 retail properties (SE)

Swedish property company Kungsleden AB (publ) sells 71 retail properties for a total of SEK 1721 million (approx. €200m). The properties, located from Ystad in the south to Haparanda in the ...

Jaap Gillis to step down after completion of AM Development sale (NL)

J.C. (Jaap) Gillis will be voluntarily relinquishing his seat on the AM NV Management Board on 31 January 2006. He has let it be known that he considers the sale of AM Development to MSREF in the cont ...

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