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TIAA-CREF invests 493 mln. through Invesco Real Estate in the Paris region (FR)

Financial services organization TIAA-CREF, the leading provider of retirement security for the academic, medical and cultural fields in the US has bought a €493 mln. portfolio in the Paris region ...

Eurindustrial passes border of 100 mln (NL)

By acquiring a third logistical center in Venlo (the Netherlands) recently, the invested capital of Eurindustrial has passed the border of €100 mln. Besides the acquisition of the logistical cent ...

Topping-out Montevideo (NL)

On Thursday 31 March 2005 the highest point has been reached of the ING Real Estate project Montevideo in Rotterdam. The official act was performed by alderman Pastors of the Municipality of Rotterdam ...

DIFA acquires four-star-plus "Le Meridien" hotel in Stuttgart (DE)

Hamburg-based fund management company DIFA Deutsche Immobilien Fonds AG has completed a further hotel transaction in the high-end business segment by acquiring the Le Meridien in Stuttgart. Amounting ...

Sacyr Vallehermoso to distribute one last interim dividend of €0.135 per share (ES)

The board of directors of Sacyr Vallehermoso (SyV) resolved at its meeting yesterday the payment of the last interim dividend against fiscal year 2004 in the amount of €0.135 gross per share ...

Ashtenne Holdings PLC announce record profit before tax of 73.9million (UK)

Ashtenne Holdings plc (“Ashtenne”), the quoted property investment and active management specialist, announces preliminary results for the year ended 31 December 2004.Financial Hig ...

Bilfinger Berger sees little chance of buying Walter Bau operations (DE)

Bilfinger Berger AG said it has little chance of acquiring the traffic route engineering operations of insolvent builder Walter Bau AG because of conditions attached by the insolvency administrator.Sp ...

Land Securities sells Bowater House Knightsbridge (UK)

Land Securities Group PLC confirms that, further to its announcement in November 2004, it has completed the sale of Bowater House to a Guernsey based property development vehicle. The sale price was & ...

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