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SFL presents 2004 Results (FR)

On January 31, 2005 Société Foncière Lyonnaise (SFL) has presented its 2004 Results. The highlights are: Rental revenues up 5.7% to €154.8m â€" Current cash flow up 16.4% to €100 ...

Tornet sells shopping center Center Syd in Löddeköpinge (SE)

Fastighets AB Tornet sells the properties Löddeköpinge 14:11 and 14:49 for a total price of SEK 629 million (approximately €70m).The purchase price exceeds the estimated book value and the ...

ECP not in new Midkap-index (NL)

Despite expectations Eurocommercial Properties will not be taken up in the newly re-scaled Midkap-index as of March 2. From the real estate sector, only AM will join. The weight of Rodamco Europe has ...

Prudential acquires warehouse of 27,000 m² in Paris (FR)

Prudential has acquired a logistics warehouse with a surface of 27,000 m² situated in the North-West of Paris. The purchase represents an net initial return on investment of 8.65%.The warehouse was ...

DIFA: real estate devaluation of €200 million (DE)

The German real estate fund DIFA has devaluated the German real estate in both its funds DIFA-Fonds Nr. 1 and DIFA-Grund for approx. €200 mln. Especially the regions of Berlin and Rhein-Main were ...

Standard Life Sells Nethergate Centre for £4.7M (UK)

Standard Life Investments has sold the Nethergate Centre in Dundee to Melville Crescent Ventures, a joint venture between Kenmore Property Group and Lehman Brothers. The price of £4.7 million shows ...

BAA plans £800m property fund to pay for expansion (UK)

Airports operator BAA PLC is in talks with Scottish Widows, about setting up an 800 mln stg fund to hold part of its huge property portfolio, The Sunday Telegraph reported without citing sources.Under ...

Coolsingeltoren in Rotterdam cancelled (NL)

The plan for the development of the Coolsingeltoren (Coolsingel Tower) on the site of the Luxor Theater in Rotterdam (the Netherlands) has been cancelled. Bouwfonds, the former SFB and Willemsen Minde ...

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