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Another good year for Corio (NL)

Corio again achieved excellent financial results in 2004, even relative to 2003, which was already a very good year. Financial results The direct investment result increased with € 20.0 million t ...

Hypo Real Estate Bank International completes 120 million re-financing for Dunedin Property on two shopping centers in Chatham and Stretford (DE)

Hypo Real Estate Bank International announces that it has provided £120 million (€173.3 million) of term financing to assist Dunedin Property in restructuring its ownership of shopping centers ...

Minerva and Lend Lease Europe form joint venture for Croydon retail development (UK)

Minerva plc, the property investment and development company, has confirmed it has agreed terms with Lend Lease Europe Ltd for the development of Park Place, Croydon, UK. The in-principle agreement ...

House of Fraser buys Jenners retail business for 46.1m cash (UK)

House Of Fraser plc said it has reached agreement for the £46.1m cash purchase of the retail business and assets of Jenners, Princes Street, Edinburgh Ltd. In addition, House of Fraser is assuming ...

First French real estate acquisition for the Luxembourg fund PPP (LU)

PARISIAN PROPERTY PARTNERS (PPP), a commercial property fund based in Luxembourg with Irish investors, has acquired its first property in France. The property is located near Paris at Bièvres (Esso ...

Ilmarinen sells rest of the Aberdeen Finlands shares (FI)

According to the initial sales contracts terms Ilmarinen Mutual Pension Insurance Company sells its 40 % part of Aberdeen Property Investors Finland Oy’s shares to API Holding AB.In the autumn 20 ...

Roosendaal factory outlet center let for one-third (NL)

The factory outlet center in Roosendaal (the Netherlands) has been named the Rosada Factory Outlet. The outlet center will offer 15,698 m² of retail space in Phase I, Phase II will offer another 3, ...

DekaBank rules out closing troubled real estate funds (DE)

DekaBank has no plans to close its underperforming real estate funds to new investors, interim chief executive Fritz Oelrich said. "Closing the funds was not and is not being discussed," he told journ ...

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