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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 ...

NCC sells office property in Malmö for SEK 125 million (SE)

NCC Property Development has sold Phase 1 of the “Koggen” office property at Västra Hamnen in Malmö to the pension insurance company Alecta. The purchase consideration is SEK 125 milli ...

Henderson KAG closes Pan-Europa Fonds Nr. 1 after raising more than 400m of equity (UK/DE)

Henderson Kapitalanlagegesellschaft für Immobilien mbH, Hamburg, has successfully closed its property Spezialfonds Warburg - Henderson Pan-Europa Fonds Nr. 1 with a result significantly ahead of or ...

TK: preliminary announcements of annual results (DK)

At a board meeting on Friday, 29 April 2005, TK Development A/S considered and adopted the 2004/05 Annual Report for the period from 1 February 2004 to 31 January 2005. In the 2004/05 financial year, ...

Aareal Bank and University of Cambridge sign up for partnership (DE/UK)

A partnership for the exchange of theory and practice has been signed today between Professor John Glascock, holder of the endowed chair for real estate studies of the international property group Gro ...

Deutsche Bank reports first quarter 2005 pre-tax profit of 1.8 billion (DE)

Deutsche Bank reported income before income taxes of € 1.8 bln. for the first quarter 2005, after restructuring expenses of € 168 million. Pre-tax return on average active equity was 30%, co ...

MN Services net profit increases by 94% (NL)

MN Services, one of the largest Dutch pension fund administration and management services firms, says its overall net profit rose 94% in 2004 to €9.1 mln. It said most of the increase was due to ...

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