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Aareal Italy Fund acquires Decathlon distribution center in Basiano (IT)

The Aareal Italy Fund, managed by Aareal Property Services, has signed a deal of over €17 million for the acquisition of the 21,000 m². Decathlon distribution center in Basiano (Milan), Italy. The A ...

Ferrovial net profit up 44.7% through June to € 198.2 million (ES)

Ferrovial ended 1H05 with considerable growth in revenues, earnings and margins in all its business areas, more diversification into recurring activities, and a greater international presence. The com ...

Cofinimmo announces 1H2005 results (BE)

Highlights include: acquisitions over past 12 months (€662 million) boost rental income by 9.2%, 1.5% rise in occupancy rate (94.4%), net current result per ordinary share (€ 3.91) in line with fore ...

Foster and Partners new mixed-use tower approved by Vancouver City Council (CA)

Foster and Partners has unveiled designs for a new sustainable mixed-use tower in Vancouver, recently approved by Vancouver City Council. Rising above two existing buildings, Jameson House is located ...

Liberty International interim results first half 2005 (UK)

Sir Robert Finch, Chairman of Liberty International, commented: "The interim results to 30 June 2005 show Liberty International to be in vibrant good health with a portfolio of first class assets, the ...

Westfield Group in discussions with Federated Department Stores to acquire store sites slated for divestiture (USA)

Federated Department Stores has announced that it intends to dispose of 68 stores as part of its US$11 billion merger with The May Department Store Company. The list of stores targeted for divestiture ...

VastNed Retail finalises sale of Italian investments (NL/IT)

VastNed Retail has finalised the divestment of its Italian real estate portfolio. This was achieved through the sale of a shop in Via Torino, Milan, which is leased to fashion house Zara.The shop meas ...

Sacyr Vallehermoso earns € 188.63 million in first half, up 87.2%(ES)

Sacyr Vallehermoso group (SyV) obtained a net attributable profit of €188.63 million in the first half of 2005, up 87.2% on the first half of 2004, after restating the financial statements for that p ...

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