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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 ...

Halverton opens office in Berlin (DE)

From March 2006, Halverton Real Estate Investment Management will have a presence in Germany's capital city. Halverton is taking over a complete asset management team from a competitor and adding a se ...

Valuations Romania over €600 million in 6 months (RO)

DTZ Echinox reports that the level of demand for real estate valuations in Romania has grown considerably over the past 12 months. The successful development of DTZs Valuation Department has seen the ...

Klépierre reports sustained business activity (FR)

In 2005, Klépierre reported sustained revenue growth, driven by a strong increase in rents from its shopping center holdings, which now account for 88% of its lease revenues, and by the extension of ...

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