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Simon opens Toki Premium Outlets (JP)

Simon Property Group, Inc. has announced that its Chelsea Property Group division has opened Toki Premium Outlets(R), a new outlet center serving the greater Nagoya market. The new project is a develo ...

Foster designs New Globe Theater for New York (US)

Foster and Partners design for the New Globe Theater will create a world-class performance venue on Governors Island in New York Harbour. Working in partnership with Barbara Römer from the New Glob ...

Akron's capital grows to €450 mln. in 2004 (CH)

The Akron Group has drawn approx. €40 mln. of private and institutional capital for investments in its several investment funds in 2004. In Western Europe approx. €35 mln. of capital was inv ...

ARCADIS reports 2004 fourth quarter and full year results (NL)

ARCADIS today announced that net income from operations (before goodwill amortization) in 2004 totaled € 22.7 million, 1% higher than in 2003. Per share, this is € 1.13, the same as in 2003. ...

AM to look for another investor for Lilien-Carré (NL/DE)

The German real estate investor CGI has decided not invest in the large-scale multifunctional project Lilien-Carré in Wiesbaden for its fund HausInvest Europa. The project is being developed by AM ...

Rodamco Europe to divest Maastricht Exhibition and Conference Center for €70.6m (NL)

Rodamco Europe N.V. is divesting its stake in the Maastricht Exhibition and Conference Center (MECC) in Maastricht, the Netherlands. The Maastricht City Council has approved the sale and as a result, ...

Lease agreement entered with the City of Copenhagen (DK)

Københavns Voksenuddannelsescenter (VUC) and Social- og Sundhedsskolen in Copenhagen (SOSU) centralize their teaching facilities in one centre situated in the characteristic property located betwee ...

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 ...

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