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Investitori Associati, DB REal Estate, Pirelli RE and Borletti Group consortium acquires 99% of Rinascente (IT)

The Consortium jointly owned by Investitori Associati SGR S.p.a., DB Real Estate Global Opportunities IB L.P, Pirelli RE S.p.A and the Borletti Group, after receiving the approval of the European Comm ...

Minerva appoints new CEO (UK)

Minerva plc, the property investment and development company, has announced the appointment of Salmaan Hasan as Chief Executive with effect from 30 June 2005. Salmaan Hasan, aged 40, is presently at t ...

Framework agreement Centre Amsterdam North (NL)

On April 28 the municipality of Amsterdam, CZAN and ING Real Estate have signed a framework agreement of Centrum Amsterdam Noord. In this agreement the parties have commit engagements concerning reali ...

SEB Immobilien-Investment: first German real estate fund management company rated by Fitch (DE)

SEB Immobilien-Investment GmbH, Frankfurt, is the first German real estate fund management company to have received an asset manager rating from the international and independent rating agency FitchRa ...

Management change at JM (SE)

Eva Eriksson, head of JM Property Development and a member of JM's Executive Management since March 2005, is leaving JM at her own request. Eriksson will join the property company Kungsleden as region ...

Deutsche EuroShop: Good start of 2005 due to new shopping centers (DE)

In the first three months of financial year 2005 Deutsche EuroShop realised an EBIT of Euro 13.8 million (prior-year period: Euro 13.2 million). Due to currency translation effects the profit for the ...

Wereldhave Belgium presents its Q1 2005 Results (BE)

Wereldhave Belgium has presented its First Quarter 2005 Results yesterday. In the first three months of the year the profit increased to EUR 8.8 mln.Compared to 2004, the profit for the first three mo ...

LaSalle Investment Management acquires 90 properties at 25 airports across the United States and Canada (US/CDN)

LaSalle Investment Management, Inc., on behalf of its client CalEast Industrial Investors, LLC, yesterday announced their entrée into the on-airport air cargo real estate sector. The acquisition, b ...

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