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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 ...

Metrovacesa doubles treasury stock to 2.4% of company (ES)

Metrovacesa SA has doubled the number of shares held as treasury stock to 2.4 pct, according to a filing with stock market regulator CNMV dated Nov 10. The company last stated on Oct 18 that it held 1 ...

Corio acquires shopping centre Art de Vivre in Orgeval (NL/FR)

Corio acquired the shopping centre Art de Vivre with a lettable area of approximately 20,500 m² for a total amount of €51.8 mln. Art de Vivre is located in the attractive and strong retail zon ...

Galerie Vaňkovka in Brünn awarded Best Real Estate of the Year (CZ)

ECE's first shopping center in the Czech Republic, Galerie Vaňkovka in Brünn, which opened in March 2005, has been awarded with the most important award in the country, Best Real Est ...

HVB sells ailing real estate finance portfolios with a volume of €1.8 bn to Goldman Sachs (DE)

Bayerische Hypo- und Vereinsbank AG has sold ailing real estate loans with a total volume of about €1.8 billion to Goldman Sachs on the basis of an auction procedure. The parties have agreed ...

IVG Immobilien presents Q3, 2005 results (DE)

In the first nine months, IVG increased consolidated earnings after taxes by 67% to €55.9 million (3Q/2004: 33.5). Operating earnings before interest and taxes (EBIT) rose to €140. ...

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