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Tishman Speyer buys Metlife Building (US)

Tishman Speyer is buying the Metlife Building on 200 Park Avenue (NY) for a record amount of over US$1.7 bln. Earlier this year MetLife announced its intention to sell the prestigious office building ...

Capital & Regional unit buys Telford and Slough retail parks for 180m (UK)

Capital & Regional plc said The Junction, the retail park owner and operator, in which it has a 27.3% interest, has bought Telford Forge retail park and Slough retail park for £180m.The Junctio ...

The new Chief Executive Officer takes office in Aareal Bank (DE)

Aareal Bank has a new top management, Dr. Wolf Schumacher (46), starting from the 1st of April. Until now Dr. Schumacher was Spokesman of the Board of Managing Directors of Deutsche Genossenschafts-Hy ...

TIAA-CREF invests 493 mln. through Invesco Real Estate in the Paris region (FR)

Financial services organization TIAA-CREF, the leading provider of retirement security for the academic, medical and cultural fields in the US has bought a €493 mln. portfolio in the Paris region ...

Eurindustrial passes border of 100 mln (NL)

By acquiring a third logistical center in Venlo (the Netherlands) recently, the invested capital of Eurindustrial has passed the border of €100 mln. Besides the acquisition of the logistical cent ...

Topping-out Montevideo (NL)

On Thursday 31 March 2005 the highest point has been reached of the ING Real Estate project Montevideo in Rotterdam. The official act was performed by alderman Pastors of the Municipality of Rotterdam ...

DIFA acquires four-star-plus "Le Meridien" hotel in Stuttgart (DE)

Hamburg-based fund management company DIFA Deutsche Immobilien Fonds AG has completed a further hotel transaction in the high-end business segment by acquiring the Le Meridien in Stuttgart. Amounting ...

Sacyr Vallehermoso to distribute one last interim dividend of €0.135 per share (ES)

The board of directors of Sacyr Vallehermoso (SyV) resolved at its meeting yesterday the payment of the last interim dividend against fiscal year 2004 in the amount of €0.135 gross per share ...

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