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Pirelli RE seen posting FY net 145 mln versus 128 mln (IT)

Pirelli & C Real Estate SpA is expected to post a full year net profit of about €145 mln compared with €128 mln in 2004. Pirelli RE's full year operating results, including contr ...

DIM Vastgoed purchases shopping center in US (NL/US)

Dutch investment fund DIM Vastgoed has purchased the Wilmington Island Shopping Center for an amount of $13.5. The shopping center is situated in the suburbs of Savannah, Georgia, US. 48% of the tota ...

KFN buys new office complex KPMG in Rotterdam (NL)

KFN and KPMG reached agreement about the purchase of a new 22,044-m² office complex to be realized along the highway A16 at office site Brainpark III in Rotterdam.The project consists of two linked b ...

H1 2005 sees occupiers and investors moving into Czech provinces (CZ)

Czech property market has enjoyed a strong first half of the year 2005, with overwhelming interest from both occupiers and investors. Despite the fact that the Czech property market is still highly co ...

Europa Capital raises €450m for Europa Fund II and completes transactions totalling €500m (UK)

Europa Capital has announced the final closing of Europa Fund II, its new pan-European opportunity fund, with equity capital commitments of €450 million from 35 international investors. At th ...

TCN Property Projects signs contract for Retail Park Portimão (PT)

This Tuesday the transfer has taken place between TCN Property Projects and Capitalinvest for the development of Retail Park Portimão. The park, with a size of ± 24.000 m² GLA, is located along the ...

Simon and Kravco Simon Plans Expansion and Redevelopment of Quaker Bridge Mall (USA)

Simon Property Group, Inc. and Kravco Simon Company announced plans for a major expansion and redevelopment of the Quaker Bridge Mall in Lawrenceville, NJ. Quaker Bridge Mall, located on U.S. Route 1, ...

'Slimbo' money market bond issued for the first time by Wuerttembergische Hypothekenbank (DE)

Wuerttembergische Hypothekenbank – which from 2006 onwards will trade as Hypo Real Estate Bank International AG – is for the first time issuing a "Slimbo" money market bond (Short Liquid Money marke ...

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