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CBRE: investment into European property breaks the €100 billion barrier (EUR)

A record total of €103.6 billion was invested in the EU-15 property markets in 2004. This surpassed the previous peak recorded in 2002 and represented a 26% rise on 2003’s total.The improvem ...

Reed Midem to open MIPIM Asia in 2006

Reed MIDEM, the organizer of international tradeshows for professionals, has announced that it will open MIPIM Asia in Hong Kong in September 2006. “This is an exciting expansion for us,” sa ...

Heijmans achieves prognosis for 2004 and expects profits over 10% higher in 2005 (NL)

Heijmans N.V. (property development, construction and infrastructure) has made a net profit in 2004 of €75 million excluding an exceptional charge of € 30 million in connection with the fine ...

London price fall hits Chesterton (UK)

A depressed London property market has pulled the rug from under Chesterton, the 200-year-old estate agency recently racked by management turmoil.The agency, founded by the uncle of writer GK Chestert ...

Bilfinger Berger acquires Babcock Borsig Service Group (DE)

Bilfinger Berger is taking another important step in the expansion of its industrial services with the acquisition of the Babcock Borsig Service Group from Deutsche Beteiligungs AG.This acquisition wi ...

Kungsleden negotiating acquisitions (SE)

Swedish listed property company Kungsleden AB (publ) is negotiating with the Västra Götaland regional authority regarding the acquisition of approximately 33 Social services properties at a tota ...

Hypo Real Estate Bank AG launches €1.5 Billion Mortgage Jumbo-Pfandbrief (DE)

Hypo Real Estate Bank AG, Munich, has successfully launched a Mortgage Jumbo-Pfandbrief worth €1.5 billion. It features an annual coupon of 3.25% and a term of 7 years. The spread was set at the ...

PSP Swiss Property - Strong increase in earnings and substantial expansion of real estate portfolio

PSP Swiss Property’s net income rose by 207.9% to CHF 183.0 million from CHF 59.4 million in 2003. This result was mainly influenced by the merger with REG Real Estate Group (REG).The Board of Di ...

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