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Finnish property market produced a total return of 5.6% (FI)

The Finnish property market produced a total return of 5.6% in 2004. The income return remained at a stable level of ca. 7%. Capital growth was negative for the third year in a row. Despite the decrea ...

The Carlyle Group closes third real estate acquisition in Germany (DE)

Global private equity firm, The Carlyle Group has acquired a 12,000m² building in Hamburg’s CBD from the liquidator of UFA Theater AG. This is the third deal in Germany by the Carlyle Europe R ...

AM Vastgoed develops multipurpose 'see-through' building for KPN (NL)

KPN is to move into a combined office and industrial building in Utrecht’s Papendorp business park specially developed for the company by AM Vastgoed. KPN has agreed to lease the building, with a ...

InvestKredit finances Kraków retail center (AU/PL)

The Austrian bank InvestKredit has agreed to grant the WP Investment group a €5.85 mln loan for the construction of a 15,000 m² retail center which will be located 5 km from the center of Krak ...

FCC´s net profits up 26% (ES)

The net turnover of Fomento de Construcciones y Contratas, S.A. (FCC) for the 2004 financial year was €6,285.9 million, which represents a 3.9% increase over the year before. All of the strategic ...

Minerva plc announces interim results (UK)

Minerva plc, the FTSE 250 property investment and development company, today announces its preliminary results for the 6 months ended 31 December 2004.Core real estate business Net rental income incre ...

Hammerson appoints John Nelson as Chairman (UK)

Hammerson plc announces that Ronald Spinney will retire as Chairman on 30 September 2005 and will be succeeded by John Nelson.Ronald Spinney joined the Board as Chief Executive of Hammerson in April 1 ...

AM teams up with CDS Group in Italian joint-venture (NL/IT)

AM NV (formerly Amstelland MDC), developer of urban centres, retail centres, offices and residential areas, has taken a major step for establishing its presence in the Italian market by entering into ...

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