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Sonae Imobiliária announces name change and new positioning as Sonae Sierra (PT)

International shopping center specialist Sonae Imobiliária has announced that it is changing its name to Sonae Sierra.The international company, Portuguese based which invests, develops and manages ...

Hammerson presents Results for the year ended 31 December 2004 (UK)

Hammerson plc increased its annual dividend 6.5% to 17.92 pence a share as it posted pretax profits before exceptionals of £86.9m for the year to 31 December, up 1.2% from £85.9m a year earlier. ...

Foster and Partners unveil the world´s tallest mixed-use building (UAE)

On 23 February, the new Foster and Partners´ design for ´One Central Park´ was unveiled to the public in Dubai, United Arab Emirates. Located on a prominent corner site w ...

Rodamco Europe direct result after tax up 7.4% to € 321 million (NL)

Rodamco Europe achieved solid financial results in 2004. In line with expectations, direct result after tax increased 7.4% to €321 million. This increase is due to 9.5% growth in gross rental inc ...

Westfield Group announces 6 month profit of $832.9 million (AU)

The Westfield Group has announced its first result following the merger, reporting a net profit of $832.9 million for the six months to 31 December 2004. The distribution for the period was $875.7 mil ...

Schiphol Group´s 2004 result up by 13.1%, excluding unrealised capital gains on investment pro

Schiphol Group’s result after taxation in 2004 was down by 17.2%, from €191 million to €158 million. The main factor behind this was the much lower level of unrealised capital gains on ...

TK Development sells shopping centre in the Czech Republic (DK/CZ)

TK Development has sold the Kolonáda Shopping Centre in Karlovy Vary in the Czech Republic. The sales price amounts to app. €34 million, based on a net return of about 8.6 % p.a. The sale, whi ...

CLS Holdings Plc preliminary financial results for the year to 31 December 2004 (UK)

Financial highlights: added value to shareholders 20.0%, up 7.2%, based on increase in adjusted NAV per share and distributions in the year (19.9% based on statutory NAV up 4.8%; adjusted Net Asset Va ...

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