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CB Richard Ellis: European office market sees first signs of recovery in development pipeline (EUR)

The third quarter of 2005 has brought a few bright signs over the reduction in the new development pipeline that was seen at the beginning of the year. According to the latest publication by CB Richar ...

Slough Estates to acquire Central European property development operations of Grontmij (UK/NL)

Slough Estates International ("SEI"), has agreed heads of terms to acquire the Central European property development operations of Grontmij - a leading European engineering firm - for a provisional € ...

Aareal Bank takes part in financing purchase of luxury hotel chain Raffles International Ltd. (DE/UK)

Aareal Bank has provided part of the USD 700 million in total financing for the purchase of the luxury hotel chain Raffles International Limited. The purchaser is the international private investment ...

Corio presents nine-month results (NL)

Corio's direct result for the first nine months of 2005 increased by €11.5 million to €151.6 million (+8.2%) compared with the first nine months of 2004 (€140.1 million adjusted for non ...

Land Securities presents interim results for the six months ended 30 September 2005 (UK)

Land Securities Group has presented its interim results for the six months ended 30 September 2005. In this period, the adjusted diluted net asset value per share increased 13.8% to 1694p, combined in ...

Commerzbank and Eurohypo AG join forces (DE)

The shareholders of Eurohypo AG agreed that one of their major shareholders, Commerzbank, will acquire the shareholdings in Eurohypo which are owned by Allianz and Deutsche Bank. This is subject to ap ...

Update property funds in Europe and worldwide (EUR)

Over the first ten months of 2005, the European real estate market continued to perform well, although widespread economic uncertainty has weighed down upon the attitudes and expectations of families ...

Skanska secures construction management assignment in Ohio (SE)

Skanska has secured a contract for construction management of a new hospital in Ohio. The total value of the project is USD 109 mln. Skanska's portion of the contract amount is USD 61 mln, approximate ...

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