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NCC and Lundbergs sell properties to Acta for SEK 227 million (SE)

NCC and Lundbergs are selling the Gropen 6 and Bomullspinneriet 1 properties in Norrköping to Acta for a total of SEK 227 million (approx. €25m). NCC's share amounts to 50% and the transactions will ...

AXA Investment Managers funds get AA rating (UK)

AXA Investment Managers (AXA IM) announces its European Growth, AXA Pacific Growth, AXA American Growth and AXA Global Growth funds have been awarded 'AA' ratings by Standard & Poor's (S&P). A ...

Züblin expands its group management (CH)

The Board of Directors of Züblin Immobilien Holding AG is expanding the company's group management by creating the post of Chief Operating Officer (COO). Dr. Barbara V. Stuber has been appointed to t ...

Green light for Tulipan Park warehouse project in Stryków (PL)

Grontmij Real Estate have announced that they have been granted a building permit for their Tulipan Park warehouse project. The investment is located in Stryków, near Lódz.In the first stage there w ...

Europe to have strong show at Cityscape 2005

France, Germany and Poland plan to charm Mid East investors Paris and Lyon along with Hamburg and the Polish capital Warsaw have all announced plans to woo regional investors. Pundits will get the cha ...

British Land sells 10 Fleet Place for £109.12 million (UK)

The British Land Company PLC has sold 10 Fleet Place, London EC4, part of its Ludgate Estate, to CIT for a gross price of £109.12 million. The building comprises 180,000 ft² in 10 storeys and is hel ...

MSREF acquires an interest in real estates of DIC Asset (DE)

Morgan Stanley Real Estate Funds (MSREF) has just acquired a 50% interest each the in the German eBay headquarters near Berlin and a Telekom property in Hamburg. Both real estate packages had been acq ...

Sonae Sierras profits rise 24% in the first half of 2005 (PT)

In the first half of 2005 Sonae Sierra's Net Consolidated Profit(after minority holdings) were €40 million, which is a 24% rise compared to the same period in 2004. At the end of the first half of th ...

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