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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 ...

Liberty Internationals AGM statement (UK)

Liberty International’s preliminary results were released some five weeks ago on 9 February 2005. The most important corporate event since that date has been the major UK regional shopping center ...

Bleiswijk Municipal Authority selects AM Wonen to develop De Tuinen-West (NL)

At a meeting of the Council on 17 March, the Bleiswijk Municipal Authority selected AM Wonen to develop De Tuinen-West. In De Tuinen-West, situated close to the heart of the old village of Bleiswijk, ...

Sale of SFL shares by Inmobiliaria Colonial and SFL (FR/ES)

The offering of Société Foncière Lyonnaise (SFL) ordinary shares in the form of a private placement to institutional investors in France and internationally by Inmobiliaria Colonial SA and SF ...

Aareal Hyp AG concludes 2004 with a major increase in profit (DE)

Aareal Hyp AG continues on its successful course in its second financial year. With a balance sheet total of 4.8 billion € (an increase of just under 50%), a surplus on interest and commission ea ...

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