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New composition of BAM's Executive Board (NL)

The Supervisory Board of Royal BAM Group nv announced that Mr Wim van Vonno (64) will retire as per 31 December 2005. After 23 years of chairmanship of the Executive Board he will hand over to Mr Joop ...

HVB Group generated net profit of 336 million in the first quarter of 2005 (DE)

In the first three months of the year, HVB Group recorded strong financial performance. Its operating result, pre-tax profit and net profit all significantly exceeded their respective prior-year figur ...

SEB presents Interim Report January-March 2005 (SE)

SEB has presented its Interim Report January-March 2005 results. In the first three months of 2005 SEB reached strong results. Operating profit amounted to SEK 2,689m, virtually unchanged compared wit ...

Aareal EuroLogistics Fund acquires logistics centre near Cologne (DE)

Aareal EuroLogistics Fund has acquired a 22,000 square metre logistics centre in Troisdorf, south of Cologne. The property is leased on a sale and leaseback basis to the logistics subsidiary of Deutsc ...

Sonae's LoureShopping is awarded environmental certification for its building phase (PT)

LoureShopping, a shopping centre currently being developed by Sonae Sierra, is the first such centre in Portugal to gain environmental certification under ISO 14001 during its building phase, as a res ...

Guillaume Poitrinal new CEO of Unibail (FR)

Following the annual general meeting held on April 28, 2005, on the proposition of Léon Bressler, Chairman of the Board and Chief Executive Officer of Unibail for thirteen years, the Board of Direc ...

Pirelli RE/MSREF acquire 131 properties with a value of 255 million euro (IT)

The joint venture between Pirelli RE and Morgan Stanley Real Estate Funds (MSREF) has entered into a binding agreement with Glenbrook Operae regarding the purchase of a €255m portfolio of propert ...

Hines and CalPERS acquire 1001 Fourth Avenue Plaza in Seattle (USA)

Hines, the international real estate firm, announced today that it has acquired 1001 Fourth Avenue Plaza in Seattle, WA, on behalf of National Office Partners Limited Partnership (NOP), its investment ...

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