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New IVG London fund EuroSelect 09 launched (DE/UK)

IVG has set up the new closed-end property fund “EuroSelect 09” with a fully leased office property in the London Southbank district. IVG is thus continuing the successful “EuroSelectâ ...

Westfield sells Brunel Centre, Swindon (UK)

Westfield Group and Hermes have announced the sale of the Brunel Centre, Swindon in the UK, to The Capital and Income Trust Group of Companies (CIT) for £130 million.The Brunel Centre is a two-leve ...

AM posts net result of 66 million on back of strong second half and forecasts further profit growth in 2005 (NL)

AM NV succeeded in achieving the previously announced upturn in results in the second half of 2004. Operating income for the whole of 2004 grew by 19% to €1,353 million (2003: €1,133 million ...

JM sells seven properties in Vaxholm (SE)

In a deal with Vaxholm Town and two tenant-owner co-operatives JM has sold seven residential properties in Vaxholm for a total of SEK 200 million. The capital gain amounts to SEK 23 million, which wil ...

Dutch pension funds eye direct real estate (NL)

Dutch pension funds have positive expectations about the amount of direct real estate in their portfolios, according to new research. They aim at an increase from five percent to 8.6%. Large purchases ...

Sonae Sierra inaugurates Plaza boli in Pinto, Madrid (PT/ES)

Shopping and Leisure Centre Plaza Éboli, developed by Sonae Sierra (65%) and the Eroski Group (35%), will open its doors to the public today, in the town of Pinto - Madrid, representing an investme ...

Hypo Real Estate Group achieves strong growth in earnings and proposes a dividend (DE)

The Hypo Real Estate Group has met all of its targets in financial 2004. The international financier of commercial real estate boosted consolidated net income before taxes by 42% from EUR 156 million ...

Brixton completes 240m property sale to Teesland unit (UK)

Brixton plc said it has completed the disposal of £240m worth of property from its Industrious portfolio, with the sale of the remaining portfolio, worth £9m, expected to be completed shortly. ...

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