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HypoVereinsbank and UniCredito discuss potential business combination (DE/IT)

HypoVereinsbank (HVB) and UniCredito Italiano confirm that they are in discussions regarding a potential business combination. No agreement has been reached yet and the outcome of the discussions is s ...

Tornet sells 40 properties (SE)

Fastighets AB Tornet has signed an agreement including the whole of its Norrland holdings and 16 properties in Västerås. Agreements have also been reached for sale of the properties Norr 25:5 in Gä ...

AM sells Girona shopping center to CGI (NL/ES)

AM NV has signed a contract with Commerz Grundbesitz-Investmentgesellschaft mbH (CGI) for the sale of the Espai Gironés shopping center in Girona, Spain. The 40,000 m2 shopping center, in which AM NV ...

Hypo Real Estate Bank International issues first USD benchmark bond (DE/IE)

Hypo Real Estate Bank International, Dublin, has successfully issued its inaugural US Dollar (USD) benchmark bond under its MTN-Programme. The issue, with a duration of five years, pays a coupon of 3 ...

Befimmo presents half-yearly accounts for the period 1 October 2004 to 31 March 2005 (BE)

Befimmo has presented its half-yearly accounts for the period 1 October 2004 to 31 March 2005. During the first half of the financial year, Befimmo achieved an operating result (before financial resul ...

Ballast Nedam sells De Admiraal office complex (NL)

Ballast Nedam has sold the De Admiraal office complex in Nieuwegein to Raiffeisen Immobilien Kapitalanlage GmbH, of Austria. The total of 50,000 m2 of office space is divided over seven buildings, the ...

Aareal Hypotheken-Management migrates an NPL portfolio (DE)

Aareal Hypotheken-Management GmbH (AHM), Mannheim, has taken over the servicing of a real estate loan portfolio worth billions for an American investor in non-performing loans (NPL).The introduction o ...

ProLogis to develop 1 million square-foot distribution park at Beijing Airport

ProLogis has announced that it has secured land use rights to 26.7 acres (107,835 m2) on which it will develop 1.05 million square feet (97,547 m2) in four facilities to meet the growing demand for di ...

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