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Six-point realignment programme for Aareal Bank presented (DE)

"For Aareal Bank Group, 2005 is going to be a year characterised by strategic decisions with long-term impact", says Dr Wolf Schumacher today in his statement at the Annual General Meeting of Aareal B ...

Sjaelso: profit expectations for 2005 upgraded (DK)

The Board of Directors of Sjælsø Gruppen has reviewed the Group's current projects and concluded that sales will exceed the original expectations for the year. On the basis of this, the Board has de ...

HRO sells Rives Défense for 244 million (FR)

A fund, managed by UBS/Noriba, has bought 'Rives Défense' from HRO for an amount of €244 million, with an exceptional yield of 6%. The building consists of 45,000 m² of office space and is situated ...

HVB Group successfully places its block of Rhön Klinikum (DE)

HVB Group has sold its block of Rhön Klinikum AG shares through a bookbuilding procedure. Altogether 4,786,560 common shares were sold at a price of €54.00 per share which corresponds to a discount ...

VastNed Offices/Industrial property sale reduces vacancy (NL)

VastNed Offices/Industrial sells vacant distribution center 'Distriboulevard Moerdijk' in Moerdijk, the Netherlands. The sale, which was already announced at the publication of the 2005 first quarter ...

Lousberg to reinforce CGI Management (DE)

Commerz Grundbesitz-Investmentgesellschaft mbH (CGI) decided that Leo Lousberg (55) will reinforce the Management. He is intended to join the board no later than the beginning of October 2005. At the ...

Affine completes successful private placement of €19.3m of equity and issue of €10m of ORAs (FR)

Affine S.A. announces the successful completion of a private placement of 234,000 new shares of Affine, representing 9.97% of the outstanding share capital. After the private placement Affine has 2,58 ...

Ortmanns to join Management Board of Aareal Bank AG as COO (DE)

Thomas Ortmanns (44) has been appointed as a new member of the Management Board of Aareal Bank AG yesterday. Mr Ortmanns, who holds a BA in business management, is set to assume the position of Chief ...

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