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Minerva secures option to develop 'The Walbrook' in London (UK)

Minerva plc has announced that it has restructured its property interests with Barclays Bank at St Swithin's House and Granite House which will enable Minerva to secure vacant possession for the redev ...

Land Securities announces directorate change (UK)

Land Securities announces that Andrew Macfarlane, Group Finance Director, has resigned to take up the role of Chief Financial Officer at Rentokil Initial plc, the international business services group ...

ProLogis to acquire Catellus in $4.9 billion transaction (USA)

ProLogis and Catellus Development Corporation announced yesterday that their boards have unanimously approved a definitive merger agreement under which ProLogis will acquire all of the outstanding com ...

Hammerson and Henderson sign lease at Moorhouse, London (UK)

Moor House Limited Partnership, a joint venture between Hammerson plc and Henderson Global Investors, has signed a lease with HVB Group, the international banking group, for 9,300 m² (100,000 ft²) o ...

Heijmans increases net profit forecast for 2005 (NL)

Heijmans has increased its previously released profit forecast for 2005. Net profit is now expected to come out at approximately €85 million (2004: €72 million*). This brings the profit on each ordi ...

Gecina removed from Euronext 100 Index (FR)

Following the official result of the takeover bid by the Spanish company Metrovacesa for the French company Gecina (Euronext 100), Gecina will be removed from the Euronext 100 Index effective Tuesday ...

Helical grows by 30% (UK)

Highlights: adjusted diluted net asset value plus trading stock surplus totalling 1148p per share (2004: 884p) – up 30%, record profit before tax £34.9m (2004: £13.7m) - up 155%, diluted earnings p ...

Offer on HVB expected this week (IT/DE)

The talks between UniCredito Italiano and the Italian HypoVereinsbank are expected to soon result in a take over bid from the Italians. According to a source at HVB to Welt am Sonntag, if there are no ...

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