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SCH sells 22.07 pct of Fenosa to ACS at €33 /shr, books €1.16 bln gain (ES)

Banco Santander Central Hispano SA said it has sold its 22.07 percent stake in Union Fenosa SA to Actividades de Construccion y Servicios SA for €2.21 bln or €33 per share. SCH said it has b ...

New management for Aareal Bank France (FR)

Aareal Bank France, the French subsidiary of Aareal Bank Group, which specializes in international real estate financing, reorganizes its management following the leave of Philippe Prouillac.Nicolas R ...

Le Premier and Parisian Property Partners combine to invest in Grenoble (LU/FR)

The Luxembourg based property funds Le Premier and Parisian Property Partners (PPP), that are funded by Irish shareholders, have combined to buy from the Urbiparc Group (Michel Ferrier), a business p ...

LaSalle to sell £300 mln. Noho site (UK)

LaSalle Investment Management has put a 2.25 acre (0.9 ha) site north of London's Oxford Street (between Oxford Street and Cavendish Square) up for sale for more than £300 mln. The property investmen ...

Rodamco Europe opens €97 million shopping center 'Vier Meren' in Hoofddorp (NL)

Rodamco Europe, the largest publicly listed property investment and management company in the retail sector in Europe, has opened its new shopping center 'Vier Meren' in Hoofddorp last Saturday 24 Sep ...

Tishman Speyer acquires Deutsche Bank's Dusseldorf HQ from Blackstone affiliate (DE)

Tishman Speyer, a global owner, operator and developer of first class real estate, has completed the purchase of the office complex, Koenigsallee 45-55 / Breite Strasse 20-34, from an affiliate of The ...

GE Unit buys Central European warehouse (PL)

GE Commercial Finance Real Estate has acquired a logistics warehouse in Poland for roughly $21 million. Dutch developer Grontmij Real Estate International sold the 75,000 sq. ft. complex to GE. The en ...

Capital & Regional end June NAV per share rises 12.5% from December to 799p (UK)

Capital & Regional plc reported a rise in underlying profits for the first half and reporting its net asset value - a key measure for property companies - rose 12.5% to 799p a share at the end of ...

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