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Warner Estate and Anglo Irish joint venture makes 470p per share agreed bid for Ashtenne (UK)

Ashtenne plc said it has recommended an offer for the group at 470p per share from Industrial Funds Ltd, a newly incorporated joint venture company owned by Warner Estate Holdings plc and Anglo Irish ...

Heijmans and Unilin wrap up takeover of Opstalan (NL)

Heijmans N.V. (property development, construction and infrastructure) and Unilin systems B.V. (chipboard materials and roofing elements) have reached a definitive agreement about Unilin's takeover of ...

Sonae Sierra reinforces its presence in Italy (PT/IT)

Sonae Sierra will develop two new shopping and leisure centers in Italy, located in Biella (between Turin and Milan) and Caselle (Turin). These two developments significantly reinforce the company†...

Four more Debenhams department stores for British Land from Allders (UK)

Debenhams Retail Plc has taken lease assignments of the former Allders department stores totaling 421,750 sq ft at British Land’s Queensmere Shopping Centre, Slough, at The Peacocks Centre, Wokin ...

Risanamento acquires buildings in the heart of Paris from SFL (IT/FR)

Risanamento has undersigned with Société Fonciére Lyonnaise (SFL) a preliminary contract of sale for the acquisition of a real-estate portfolio for a counter value of €99 million. The cl ...

The Carlyle Group acquires 78,000 m in Montrouge (FR)

The Company of the ‘Compteurs de Montrouge’, part of the Group Schlumberger, has just sold its former seat of 78,000 m², situated on 50, avenue Jean-Jaurès in Montrouge (France), near ...

Real estate top performer for Dutch schemes - OPF (NL)

The Dutch foundation for company pension funds, the OPF, says real estate has been the top performing asset class of its 140 member schemes. The annual results of the schemes, which have combined asse ...

Bouwfonds Property Development starts joint venture in Spain (NL/ES)

Companies Inbesòs S.A and Bouwfonds Property Development B.V. have signed a Joint Venture contract on March 29th of this year. The collaboration establishes a company under the name ‘Inbesò ...

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