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Klpierre : Financial statement impacts of IFRS adoption (FR)

At its recent meeting, the Klépierre Supervisory Board approved the consolidated financial statements presented in accordance with IFRS, which will serve as the basis for preparing financial statem ...

Hammerson completes acquisition of Fife Central Retail Park (UK)

Hammerson plc has completed the purchase of the freehold interest in Fife Central Retail Park, Kirkcaldy, from Stannifer Group Holdings Limited for £74.7 million, including costs. The current renta ...

Carnisse Veste wins NRWs Annual Award (NL)

During the annual meeting last Thursday April 8, the NRW (Dutch Council of Shopping Centers) Annual Award was presented for the 16th time. The new shopping center in Barendrecht, Carnisse Veste, won t ...

Cofinimmo reports on the Extraordinary General Shareholders' Meeting (BE)

A first Extraordinary General Meeting to consider various amendments to the articles of association was convened on March 15, 2005. The necessary quorum was not present. A new Extraordinary General Me ...

Hypo Real Estate Capital Corporation closes US$ 338.3 million construction loan to PT Maxwell, LLC (US)

Hypo Real Estate Capital Corporation (“HRECC”) â€" the New York-based subsidiary of Hypo Real Estate Bank International â€" closed a US$ 338.3 million construction loan in March for the ...

Banque de France returns to FY profit on asset sales, exit from private banking (FR)

The Banque de France said it returned to profit in full-year 2004, helped by exceptional gains from real estate disposals and its exit from private banking activities. The bank posted a net profit of ...

Land Securities acquires stake in Time Square and announces contract with 3i (UK)

Land Securities announced that it has acquired a 44.5% stake in Times Square, Queen Victoria Street, London, EC4 for £95 m from Louis Dreyfus reflecting a net reversionary yield of around 6%.The 37 ...

DIFA-Global becomes first German real estate fund to invest in Mexico City (MX)

Hamburg-based DIFA Deutsche Immobilien Fonds AG is the first German fund management company to complete a cross-border deal in Latin America â€" a region previously neglected by European property in ...

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