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Rugby Estates shareholders approve takeover rule (UK)

Rugby Estates plc said its shareholders have approved a waiver of the takeover rules that would require Chairman David Tye to make a mandatory bid for the company.Tye, his immediate family, related tr ...

BPF Bouwinvest sells part of office portfolio (NL)

BPF Bouwinvest has, on behalf of client BPF Bouw, sold part of its commercial real estate portfolio, the Randstad Portfolio, to DB Real Estate Opportunities IB. It concerns twenty office- and logistic ...

Land Securities says IFRS pushes year to end March 2005 into profit (UK)

Land Securities Group plc said that under International Financial Reporting Standards (IFRS) its results for the year to 31 March 2005 show a net profit of £1.12bn, compared with a previously stated ...

Inaugural meeting of Founding Members APREA to be held on 28 June 2005 (SG)

The inaugural meeting of the Founding Members will take place at 3:30pm on Tuesday 28 June at the Grand Hyatt Hotel in Singapore. This coincides with the Real Estate World Conference, which will be he ...

Kungsleden makes acquisitions (SE)

Swedish listed property corporation Kungsleden AB (publ) is acquiring 61 properties situated in the north of Sweden from Norrvidden Fastigheter AB. The purchase price amounts to SEK 610 m including tr ...

Construction works completed on Rondo1, Warsaw, Poland (PL)

On June 22, 2005 Hochtief Project Development Polska, which is related to the German company Hochtief Development, celebrated the hanging of the traditional garland of flowers and herbs on the Rondo1 ...

Aareal Bank: securitisation and syndication volume of loans to real estate funds reaches 300 million (DE)

Aareal Bank has securitised and syndicated a significant volume of loans approved to real estate funds. Up to June 2005, the amount of synthetically securitised and syndicated loans granted to leading ...

New report for Corporation of London: hedge funds' growth brings overall benefits (UK)

The growth of the Hedge Fund industry has meant a net gain to jobs in London's financial services sector, according to an independent report launched today for the Corporation of London and written by ...

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