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Risanamento purchases major real estate properties in France and Italy for €306m (IT/FR)

Risanamento strengthens its position in France and in Italy by purchasing major real estate properties for €306 million. In Paris, Risanamento has signed a preliminary agreement to purchase a complet ...

DIFA-Global boosts exposure to Latin America by acquiring second office property in Mexico (DE/MEX)

Hamburg-based DIFA Deutsche Immobilien Fonds AG is continuing to gain ground in Latin America. Following on from its exciting purchase of the landmark "Torre Mayor" building in Mexico City, DIFA has n ...

Land Securities appoints new Group Finance Director (UK)

Land Securities has announced that Martin Greenslade (40) will be joining the Group on 1 September 2005 as Group Finance Director. Previously Martin was Finance Director of Alvis Plc, a leading Europe ...

Carlton arranges $219m preferred equity recapitalization for Starrett-Lehigh building in Manhattan (US)

Carlton Advisory Services' Chairman Howard L. Michaels has announced that Carlton has arranged a $219 million preferred equity investment by a major, passive, investment fund for the recapitalization ...

Global investment in real estate reaches a near US$0,5 trillion in 2004

Global investment in real estate increased by 12% to $457 billion in 2004 (on 2003) according to a report soon to be published by Jones Lang LaSalle. The report also identifies that 60% of cross borde ...

AIG/Lincoln Polska has plans for more office projects in Poland (PL)

By the end of 2005, AIG/Lincoln Polska, a development company, will start work on a new office project in Warsaw: Grzybowska Park. The 7-storey A-class building will offer almost 10,000 m² of rentabl ...

DIFA funds move into Canadian market (DE/CA)

DIFA Deutsche Immobilien Fonds AG, part of the Union Investment Group, last Thrusday acquired its first property in Toronto, thereby successfully entering the Canadian market. The Hamburg-based invest ...

Homburg Invest Inc. 2nd quarter financial results (CA)

Mr. Richard Homburg, Chairman and CEO is pleased to report that Homburg Invest Inc. has released the June 30, 2005 financial results prepared under both Canadian Generally Accepted Accounting Principl ...

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