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Tornet has sold 25 properties in Karlstad (SE)

Fastighets AB Tornet has sold all properties in Karlstad and one property in Oskarshamn for a total price of SEK 1,055 million.The purchase price exceeds the book value as at 31 December 2004 by SEK 7 ...

Ballast Nedam takes over Hollestelle (NL)

The Dutch construction group Ballast Nedam has taken over project developer Hollestelle Vastgoed Ontwikkeling in Groningen, the Netherlands. Hollestelle has a portfolio of approximately €70 milli ...

Warner Estate Holdings gets planning consent for £30m Bolton retail scheme (UK)

Property investment and development company Warner Estate Holdings plc said it has been granted planning consent for a £30m scheme to redevelop Bolton´s Market Hall, which forms part of A ...

Jean-Michel Andrieu to leave CBRE (FR)

After the announcement of the European merger of CB Richard Ellis and Insignia Financial Group, Jean-Michel Andrieu, Non Executive Officer of the European Board of CB Richard Ellis and Chairman of the ...

Befimmo: results in line with forecasts (BE)

The value of Befimmo’s real estate portfolio has remained largely stable during the first quarter of the 2004-2005 financial year (down 0.04% compared with 30 September 2004) and stood at €1 ...

LAMDA Development: Year End 2004 Financial Results (EL)

LAMDA Development increased consolidated turnover by 12%, which grew to €83,749,000 compared to €74,473,000 for the corresponding period in 2003.The consolidated revenue for the period amoun ...

Strabag and Zueblin in merger talks (DE)

German construction companies Strabag AG and Ed Zueblin AG have launched merger talks, Sueddeutsche Zeitung reported, citing Strabag chief executive Hans Peter Haselsteiner.In a pre-release of an arti ...

Castellum sells properties for SEKm 168 and acquires for SEKm 94 (NO)

During February 2005 Castellum has, through wholly owned subsidiaries, sold eight properties, of which four were residential properties, for SEKm 168 and acquired two commercial properties for SEKm 94 ...

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