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Simon Property Group starts construction Rio Grande Valley Premium Outlets (US)

Simon Property Group, Inc. announced that its Chelsea Property Group division broke ground on Rio Grande Valley Premium Outlets. The project will be the first outlet center in The Valley and will posi ...

Ahold completes acquisition of 56 stores in Czech Republic (NL/CZ)

Ahold today announced that it has successfully completed the acquisition of 56 stores in the Czech Republic from Julius Meinl a.s. Ahold and Julius Meinl a.s., a Czech subsidiary of the Austrian holdi ...

DIM Vastgoed to study Equity One's takeover interest (NL/US)

Dutch property firm DIM Vastgoed said it was considering an invitation to discuss a takeover by US-based Equity One.Equity One, which owns shopping centers anchored primarily by grocery stores, said i ...

Mn Services Rademaker quits to join Kempen (NL)

Mn Services' managing director of asset management, Hans Rademaker, is leaving to become managing director of fiduciary management at Kempen & Co. Rademaker's move is the latest in a series of exe ...

JPMorgan Chase to sell BrownCo to E*TRADE FINANCIAL (US)

JPMorgan Chase & Co. announced today it has signed a definitive agreement to sell BrownCo, its online deep discount brokerage business, to E*TRADE FINANCIAL for a cash purchase price of $1.6 billi ...

Skandia Investment Management launches global property fund (UK)

Skandia Investment Management Limited (SIML) has appointed one of the world's leading property specialists, LaSalle Investment Management (Securities), in an exclusive partnership to run a global prop ...

IVG board welcomes broader shareholder base (DE)

As a result of the disposal of 5% of shares each in IVG Immobilien AG, the banks Sal. Oppenheim and HSH Nordbank have reduced their holdings in the Bonn property group to 20.1% and 5.1% respectively." ...

ETA Star property sales top $27m at Cityscape (UAE)

ETA Star Properties, a leading property developer in the UAE, recorded phenomenal sales figures of over Dh100 million ($27.2 million) during the recently-concluded Cityscape 2005, with Al Manara, the ...

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