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Land Securities to sell Telereal stake to Pears Group for £300m (UK)

Land Securities announces that Land Securities Trillium Limited, its property outsourcing business, has agreed to dispose of its 50% share in Telereal to subsidiaries of its joint venture partners, Pe ...

AP Fastigheter sells Scandic Sergel Plaza (SE)

AP Fastigheter sold the Skansen 18 site leasehold, where Scandic Sergel Plaza is the tenant, for SEK 565 million. The buyer is Stena Fastigheter, and completion took place on 1 September2005.The Scand ...

Net income Metrovacesa grew by 41.2% to 184.86 million (ES)

Metrovacesa upgrades its 2005 net profit Outlook to a €330-340 range, a 42%-46% growth on 2004 (€232.25 mln); surpassing the announced forecast of 265 millons. The new forecast is a €100 mln. incre ...

Europa Capital new investment partner of TCN Property Projects in Mediapark-Hilversum (NL/UK)

Europa Fund II, advised by Europa Capital, an independent European real estate investment management company with head offices in London, has bought 50 % of the shares of TCN Mediapark in Hilversum fr ...

New appointments at ING Real Estate (NL)

ING Real Estate is pleased to announce the following appointments: Pieter Roozenboom as Chief Operations Officer for ING Real Estate Investment Management Europe, Ido Esman as Managing Director Europe ...

Sonae's Serra Shopping receives environmental certification (PT)

Serra Shopping, currently being developed by Sonae Sierra, is the third shopping center in Portugal to obtain, during its construction stage, the ISO 14001 environmental certification, which refers to ...

IMMOFINANZ 2004/2005 Record performance in earnings and revenues (AT)

For IMMOFINANZ Immobilien Anlagen AG the 2004/2005 fiscal year continued the company's years of successful performance. Growth rates during the year were considerably higher than in the preceding peri ...

Sponda establishes two new business units (FI)

Sponda's strategic aim is to seek growth and profitability through customer-centric operations, active property development, and expansion into the Russian and Baltic property and investment markets. ...

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