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Corio subscribes for 46.9% in the IPO of Akmerkez (TU)

Corio has been granted a 46.9% interest as the major subscriber in the IPO of Akmerkez GYO, which owns 96.5% of the leading shopping center Akmerkez in Istanbul, Turkey. This investment will amount to ...

St. Modwen gives statement on MG Rover (UK)

St. Modwen Properties PLC expressed regret at the news that MG Rover Group has appointed PricewaterhouseCoopers (PWC) as receivers. St. Modwen acquired the larger part of MG Rover's Longbridge plant, ...

ING Real Estate expands activities in Belgium (BE)

ING Real Estate Development has taken a 50% interest in the project Waterfront Fashion Outlet in Genk (Belgium). The other 50% will remain in the hands of the local company Canal Properties. The Water ...

TMW Pramerica buys in Germany, the Netherlands and Luxembourg (EUR)

TMW Pramerica has bought the Schlossbergcenter in Marburg, Germany. The selling party is a project company in which the Faktor family from Frankfurt am Main and the Center Developer Peter Fuhrmann fro ...

British Land acquires six Homebases, a food superstore and takes back the Sainsburys lease at Meadowhall (UK)

The British Land Company PLC has purchased five Homebase stores from Sainsbury’s Supermarkets Ltd for £52M. The stores are located in Birkenhead, Derby, Ipswich, Rayleigh Weir and Tunbridge We ...

Jrg Mller takes over as Head of Corporate Communications at Aareal Bank (DE)

From the 15th April 2005 Jörg Müller (40) will take over as Head of Corporate Communications at Aareal Bank. The politics graduate and trained journalist was most recently Speaker for the German ...

Klpierre : Financial statement impacts of IFRS adoption (FR)

At its recent meeting, the Klépierre Supervisory Board approved the consolidated financial statements presented in accordance with IFRS, which will serve as the basis for preparing financial statem ...

Hammerson completes acquisition of Fife Central Retail Park (UK)

Hammerson plc has completed the purchase of the freehold interest in Fife Central Retail Park, Kirkcaldy, from Stannifer Group Holdings Limited for £74.7 million, including costs. The current renta ...

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