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DIFA acquires four-star-plus "Le Meridien" hotel in Stuttgart (DE)

Hamburg-based fund management company DIFA Deutsche Immobilien Fonds AG has completed a further hotel transaction in the high-end business segment by acquiring the Le Meridien in Stuttgart. Amounting ...

Sacyr Vallehermoso to distribute one last interim dividend of €0.135 per share (ES)

The board of directors of Sacyr Vallehermoso (SyV) resolved at its meeting yesterday the payment of the last interim dividend against fiscal year 2004 in the amount of €0.135 gross per share ...

Ashtenne Holdings PLC announce record profit before tax of 73.9million (UK)

Ashtenne Holdings plc (“Ashtenne”), the quoted property investment and active management specialist, announces preliminary results for the year ended 31 December 2004.Financial Hig ...

Bilfinger Berger sees little chance of buying Walter Bau operations (DE)

Bilfinger Berger AG said it has little chance of acquiring the traffic route engineering operations of insolvent builder Walter Bau AG because of conditions attached by the insolvency administrator.Sp ...

Land Securities sells Bowater House Knightsbridge (UK)

Land Securities Group PLC confirms that, further to its announcement in November 2004, it has completed the sale of Bowater House to a Guernsey based property development vehicle. The sale price was & ...

Warner Estate and Anglo Irish joint venture makes 470p per share agreed bid for Ashtenne (UK)

Ashtenne plc said it has recommended an offer for the group at 470p per share from Industrial Funds Ltd, a newly incorporated joint venture company owned by Warner Estate Holdings plc and Anglo Irish ...

Heijmans and Unilin wrap up takeover of Opstalan (NL)

Heijmans N.V. (property development, construction and infrastructure) and Unilin systems B.V. (chipboard materials and roofing elements) have reached a definitive agreement about Unilin's takeover of ...

Sonae Sierra reinforces its presence in Italy (PT/IT)

Sonae Sierra will develop two new shopping and leisure centers in Italy, located in Biella (between Turin and Milan) and Caselle (Turin). These two developments significantly reinforce the company†...

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