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Sonae Sierra net profits increase by 34 % (PT)

In the first quarter of 2005, Sonae Sierra’s consolidated net profits were €27.5 million, which represents a growth of 34 per cent in comparison to the same period in 2004. This shows a high ...

VastNed Offices/Industrial acquires full ownership of Trinovium location in Nieuwegein, the Netherlands (NL)

VastNed Offices/Industrial has signed a purchase agreement for the acquisition of the remaining parts of the Ravenswade office and industrial premises location in Nieuwegein, the Netherlands. VastNed ...

DIFA targets Parisian markets with growth potential (DE/FR)

DIFA Deutsche Immobilien Fonds AG has acquired two developments in Clichy and Asnières to maximise its exposure to the "emerging markets" in the north of Paris with their buoyant demand for office ...

Rodamco Europe completes election of French SIIC status for total French portfolio (FR)

Rodamco Europe N.V., the largest publicly listed property investment and management company in the retail sector in Europe, has completed the election of the SIIC status for its total real estate port ...

Citycon's share capital increase based on stock options (FI)

A total of 37,000 new Citycon shares with a nominal value of EUR 1.35 per share were subscribed in April exercising the A/B/C options based on the company's stock option plan 1999. The corresponding s ...

Metrovacesa signs purchase of Renaults land near Madrid; total investment of nearly 400 mln (ES)

Metrovacesa is now the owner of Renault’s land in Madrid, at Avenida de Burgos 89, after acquiring it for €170 mln. This project will boost its Madrid office portfolio by 30% and will involv ...

Municipality of Breda, Interbrew and AM sign contract for development of Drie Hoefijzers site (NL)

The Municipality of Breda, Interbrew Nederland and AM have signed a contract for the development of the Drie Hoefijzers site in the centre of Breda. On the 10-hectare site of the former Interbrew brew ...

CBRE: German Open-Ended Funds March cashflow analysis (DE)

Following February’s unprecedented outflow, a further €769 million was withdrawn from the German open-ended funds in March. The year as a whole has seen a net outflow of €568 million. T ...

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