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Kungsleden sells and acquires (SE)

Swedish listed property corporation Kungsleden AB sells the property Kanoten 7 located in Karlstad for a total of MSEK 125 (approx. €14m) resulting in a capital gain of MSEK 4 (approx. €0.5m). Total ...

Arka acquires Quattro Forum in Wrocław (PL)

Arka BZ WBK real estate investment foundation is adding to its already bulging portfolio. Their string of acquisitions now includes the Quattro Forum office building in Wrocław. The contract ...

First European Property Awards to be presented at Expo Real 2005, Munich, Germany

At a stylish gala on the first night of Expo Real 2005 in Munich, on Monday 10 October, the first European Property Awards will be officially presented. The presentation of the European Property Award ...

Redevco buy 4/5 Lochside View on Edinburgh Park for 16.21m (UK)

Property investment company Redevco UK has recently acquired 4/5 Lochside View on Edinburgh Park from Merrill Lynch Investment Managers for £16.21m. Let to Oracle, Convergys and WSP, the building com ...

Carlyle in advanced talks to buy Occidental Hoteles for 900m (ES)

Risk capital fund Carlyle is in advanced talks to acquire hotel chain Grupo Occidental Hoteles for about 900 mln eur, El Pais reported citing unnamed sources. According to El Pais, Carlyle has drafted ...

Befimmo presents its interim report at 30 June 2005 (BE)

Befimmo has presented its results of the first six months of 2005. The highlights are: overall real estate value remained stable book value of €65.59 per share dividend forecast was confirmed The fl ...

Hammerson Half Year Results (UK)

Hammerson plc, the property company, saw first half pre-tax profits jump 21.6% to £247.3m reporting that its adjusted net asset value per share was £10.36 against £9.45 a year earlier. The group i ...

UK Universities scheme backs Fprop with 50m (UK)

The £20bn Universities Superannuation Scheme, the UK’s second largest pension fund, has awarded a £50m mandate to property asset manager First Property Group. The capital will be invested i ...

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