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TCN buys BusinessPark Arnhem from KEMA (NL)

BusinessPark Arnhem has been officially transferred to TCN Property Projects. The BusinessPark, also known by its previous name KEMA park, is another one of TCN's new theme business parks. For the tec ...

Simon opens office in Hong Kong (US/HK)

Simon Property Group, Inc. has announced that it will open a regional office in Hong Kong next month. Operating as Simon/Chelsea International Ltd., a newly formed subsidiary, the office will be respo ...

Klépierre to acquire 4 shopping centers in Poland and the Czech Republic for approx. EUR 425 million (FR/PL/CZ)

Klépierre and Plaza Centers (Europe) BV announced on May 22, 2005 that they had agreed to the acquisition by Klépierre of four shopping centers in operation in Poland, and of four shopping center pr ...

Kungsleden acquires 27 properties (SE)

Listed property corporation Kungsleden AB is acquiring 27 properties from northern European food provider ICA. The purchase price is SEK 580 m including transaction costs, at an estimated property yie ...

British Land announces preliminary results for the year ended 31 March 2005 (UK)

The British Land Company today presents its preliminary results for the year ended 31 March, 2005. The Company's financial results revealed profits – pre-tax, pre-exceptional – exceeding £200 milli ...

C&W/H&B secures leading position in emerging market of Bulgaria (BU)

Cushman & Wakefield Healey & Baker (C&W/H&B), which operates the European division of global real estate firm Cushman & Wakefield, has appointed Forton International, the leading ...

DIFA completes first investment in Scandinavia (DE/SE)

Hamburg-based DIFA Deutsche Immobilien Fonds AG has entered the Scandinavian market by acquiring two office buildings in Stockholm for its open-ended real estate fund DIFA Immo-Invest.Härden 18, Stoc ...

Gruppo Statuto to acquire Piazza San Babila in Milan for €230 million (IT)

The Italian investment company Gruppo Statuto has acquired one of the most prestigious buildings in Milan from Morgan Stanley and Pirelli RE for more than €230 million. The building involved is a com ...

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