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The Carlyle Group acquires 78,000 m in Montrouge (FR)

The Company of the ‘Compteurs de Montrouge’, part of the Group Schlumberger, has just sold its former seat of 78,000 m², situated on 50, avenue Jean-Jaurès in Montrouge (France), near ...

Real estate top performer for Dutch schemes - OPF (NL)

The Dutch foundation for company pension funds, the OPF, says real estate has been the top performing asset class of its 140 member schemes. The annual results of the schemes, which have combined asse ...

Bouwfonds Property Development starts joint venture in Spain (NL/ES)

Companies Inbesòs S.A and Bouwfonds Property Development B.V. have signed a Joint Venture contract on March 29th of this year. The collaboration establishes a company under the name ‘Inbesò ...

Hines acquires One Ravinia Drive in Atlanta and Union Bank Plaza in Los Angeles (US)

Hines has announced that its U.S. Office Value Added Fund has completed its third and fourth acquisitions: One Ravinia Drive in suburban Atlanta, and Union Bank Plaza in downtown Los Angeles.One Ravin ...

LS Trillium and DVLA sign property outsourcing contract (UK)

Land Securities Group PLC announces that Land Securities Trillium has signed its property outsourcing contract with DVLA. Under the terms of the transaction, DVLA has outsourced a major refurbishment ...

Aareal Bank confirms preliminary results (DE)

Aareal Bank Group today confirmed the preliminary figures published on 7 March 2005, showing a € 124 million net loss for the financial year 2004, due to additional risk provisioning set aside in ...

Aareal Banks Denmark business in constant growth (DK)

Aareal Bank expands its Denmark portfolio. In the last few months and primarily to financing projects in Copenhagen the international property bank provided new loans in Denmark that amount to about à ...

California architect Thom Mayne becomes the 2005 Pritzker Architecture Prize Laureate (US)

Thom Mayne, who founded his firm Morphosis to surpass the bounds of traditional forms and materials, while also working to carve out a territory beyond the limits of modernism and postmodernism, has b ...

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