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Canary Wharf sells 999-year docklands lease to Barclays unit for 337.5m (UK)

Canary Wharf Group plc, which is the main operating subsidiary of Songbird Estates plc, it has sold a 999 year leasehold property in London´s docklands area to a subsidiary controlled by Barclays B ...

Rabobank Group satisfied with 2004 annual results (NL)

Rabobank Group is highly satisfied with the financial results achieved in the past year. “Despite the uncertain economic recovery, we achieved a successful result”, said Bert Heemskerk durin ...

Park Plaza plans new Berlin hotel in DIFA's "Wallhfe (DE)

Park Plaza Hotels Europe today unveiled its plans for its spectacular new 4-star deluxe Wallstreet Park Plaza, due to open in Berlin in Spring 2006. The brand new hotel will be located right in the h ...

Aareal Property Services sells Paris office development (DE/FR)

Aareal Property Services has sold its office development 61 Rue de Monceau in central Paris to Bankhaus Wölbern. The redevelopment of the listed building designed in 1877 by architect Denis Destors ...

TCN and Wedge renounce majority in Ballast Nedam (NL)

The intention of project developer TCN and investment company Wedge to obtain a majority in Ballast Nedam has been withdrawn. Instead the companies have chosen for a more intensive collaboration with ...

Aareal Bank Group launches German Residential Fund (DE)

Aareal Bank Group launches its fourth closed end fund. “Aareal German Residential Fund” will focus on the acquisition and later disposal of residential property assets in economically strong ...

ICSC Europe 2005 Solal Marketing Awards Finalists announced (EUR)

Twenty of the most creative and effective marketing campaigns from shopping centres across Europe have reached the finals of this year’s International Council of Shopping Centers (ICSC) Europeâ ...

Regulation of the ´G-REIT´ beyond investment law (DE)

IVG Immobilien AG, Deutsche Wohnen AG, and Deutsche EuroShop AG favour the clear positioning of a German REIT beyond investment law and the German “Investmentsteuergesetz“.The three major li ...

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