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Cofinimmo acquires the remaining North Galaxy SA shares from Atenor, CDP and Dexia (BE)

Cofinimmo, the foremost Belgian listed real estate company specialised in office buildings, announced yesterday that, according to the agreement concluded on 08.12.2003 with Compagnie De Promotion SA, ...

CGI buys Forum Bornova for approximately 100 mln (TR)

Property developer AM NV (via its subsidiary MDC Turkmall) and real estate asset management company Commerz Grundbesitz-Investmentgesellschaft mbH (CGI) have signed the contract for the sale of the Fo ...

MLIM to run 12bn Philips pension assets (NL)

Electronics giant Philips is to outsource the management of its €12bn in Dutch pension assets to Merrill Lynch Investment Management in a move that will see 55 staff transfer to MLIM. Merrill Lyn ...

SCH's Abbey National plans to sell 1bn property portfolio (UK)

Abbey National plc, which is owned by Banco Santander Central Hispano SA, is preparing to cash in on soaring demand for commercial property by selling about £1bn of real estate investments, the Tim ...

Sierra Fund acquires two shopping centers in Italy (IT)

Sonae Sierra has announced that an agreement has been signed for the acquisition of a 100% interest in two shopping centers, Valecenter and Airone, to Sierra Fund.The Valecenter shopping centre has a ...

Castellum's income from property management improved by 9% (NO)

Some highlights include: rental income for the period January - March 2005 amounted to SEK 470 mln. (SEK 455 mln. corresponding period previous year), net income after tax for the period amounted to S ...

British Land publishes Corporate Responsibility Report 2004 (UK)

British Land’s 2004 Corporate Responsibility Report, published today, records further progress in integrating CR into the day to day management of the business. Senior managers from all areas of ...

AMB Property Corporation announces first quarter 2005 results (US)

AMB Property Corporation has reported first quarter 2005 earnings per share (EPS) of $0.52, exceeding the company's guidance of $0.39 to $0.41 for the quarter.The better-than-expected EPS results are ...

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