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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 ...

Minerva sells central London property for 135m (UK)

Minerva plc said it has sold its freehold property at 90 High Holborn to KanAm Grund Kapitalanlagegesellschaft mbH for £135m to be paid in cash. Minerva said it will use proceeds from the sale to ...

Kungsleden acquires care properties for SEK 1 billion (SE)

Kungsleden is forming a new business area, Care Properties, and is acquiring 44 properties for a total of approximately SEK 1,045 million in Västra Götaland and Greater Stockholm. Kungsleden int ...

British Land/Rosemound jv lets 750,000 sq ft to Tesco at Dirft, Daventry (UK)

The British Land Company PLC and Rosemound Developments Limited joint venture has secured a major pre-let to Tesco at DIRFT, Daventry.The British Land/Rosemound joint venture is to build a 750,000 sq ...

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