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Spondas CFO Sari Aitokallio to leave the company (FI)

Sponda Plc's CFO Sari Aitokallio will resign to pursue personal plans for the future. She will leave the company in January 2006. "Sari Aitokallio has made a personal decision and wants to concentrate ...

Ahold to sell three shopping centers in Poland and the Czech Republic to ING Real Estate (NL)

Ahold Central Europe today announced that it has signed an agreement to sell the shopping centers it owns in Bielsko Biala and Elblag, Poland and in Karviná, the Czech Republic to ING Property Fund C ...

Orco may enter Warsaw SE in 2 years (PL)

The Orco Property Group has announced that it intends to be listed on the Warsaw stock exchange in the next 2 or 3 years. Before making such a move, the Luxembourg-based developer first plans to inves ...

Heijmans achieves 2005 profit forecast (NL)

Heijmans N.V. will close 2005 in line with its previously announced profit expectation. Revenue will come out at approximately €2.8 billion, while net profit will be €85 million or approximately 3% ...

Bayerische Hypo- und Vereinsbank AG reduces its stake in Munich Re (DE)

Bayerische Hypo- und Vereinsbank AG is reducing its stake in Munich Re through an accelerated bookbuilding from 7.89% to approx. 4.9%. Following an auction process, HVB is selling approx. 6.9 million ...

Landlords benefit from stability in rental yields (UK)

Yields generated by residential property investors have been relatively stable over the past quarter, remaining steady at around 6.5% since July. John Heron, managing director of Paragon Mortgages, co ...

Sonae Sierra and Miller Developments launch Retail Park in Viana do Castelo (PT)

Sonae Sierra and Miller Developments will launch a Retail Park in Darque, Viana do Castelo, in the Fall of 2006. This development represents an investment of € 13 million. With 10.800m2 of Gross Lett ...

HypoVereinsbank securitises residential mortgage loans amounting to €4.78 bn (DE)

HVB Corporates & Markets has launched the 30th PROVIDE portfolio. Provide-A 2005-1 is the largest transaction launched so far within the PROVIDE platform from Frankfurt-based KfW Bankengruppe, the ...

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