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Mascha van Vuuren en Diederik van Hoogstraten appointed at Abl2 (NL)

As of December 1, Mascha van Vuuren and Diederik van Hoogstraten will be appointed by Ballast Nedam and TCN Property Projects as directors of the new companie Abl2. Van Vuuren takes the position of Ma ...

FADESA's net profit increases by 36% (ES)

FADESA achieved a net profit of €121.7 mln, which represents an increase of 36% compared with the same period of last year, when profit was €89.4 mln. Commercial sales again showed v ...

Parkridge and Morley launch €425 mln. fund (PL)

Morley Fund Management and Parkridge have launched a €425 mln fund to develop and invest in the Polish retail sector. The Centaurus Fund will be invested in provincial shopping centres in tow ...

Aareal Bank finances largest project development in Belgium (DE)

Aareal Bank finances the most extensive project of urban development at present in Belgium. The International Property Bank provided the loan for all construction stages of the project "L'Esplanade" ...

BAM and MSREF intend to acquire AM (NL)

BAM, Offeror and AM believe the expectation is justified that agreement can be reached in connection with a public offer by BAM for the entire issued share capital and all outstanding warrants of AM, ...

Rodamco Europe strenghtens its presence in Lyon (FR)

Rodamco Europe N.V. reinforces its presence in France by acquiring the 'Tour Oxygène' pipeline project, next to its La Part Dieu shopping center in Lyon, France. The 'Tour Oxygène' has been acquired ...

BVIC Group announces €20 million sale and leaseback agreement (GR)

BVIC Group has announced that it has received €20 million from Ethniki Leasing. The Group has signed a 12-year sale and leaseback agreement for 54% of the 8,800 m² retail development at 49 ...

Aareal Bank Group publishes nine-month results for 2005 (DE)

At €5 billion, Aareal Bank Group's new commitments during the first nine months of the current financial year exceeded the strong figure achieved in the first three quarters of 2004 by 23%. ...

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