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KFN rents out 60,000 m² of office space in 2004 (NL)

In 2004, the Dutch real estate investor KFN has realized a net profit of €32 million (2003: €34 million). Despite the weakening office market, KFN realized 60,000 m² of rental transaction ...

Atisreal Belgium reinforces Investment department (BE)

Atisreal, one of Europe’s leading real estate property consultants, has announced the reinforcement of the Investment department with the appointment of three new professionals in Brussels’ ...

Aerium acquires objects in Switzerland for €200 million (CH)

Cenor Asset Management has acquired a portfolio of 18 objects (approx. 46,000 m² of retail space and 1,300 parking spaces) from the Swiss COOP group for the Aerium funds. An amount of approx. ₠...

Tornet has sold 25 properties in Karlstad (SE)

Fastighets AB Tornet has sold all properties in Karlstad and one property in Oskarshamn for a total price of SEK 1,055 million.The purchase price exceeds the book value as at 31 December 2004 by SEK 7 ...

Ballast Nedam takes over Hollestelle (NL)

The Dutch construction group Ballast Nedam has taken over project developer Hollestelle Vastgoed Ontwikkeling in Groningen, the Netherlands. Hollestelle has a portfolio of approximately €70 milli ...

Warner Estate Holdings gets planning consent for £30m Bolton retail scheme (UK)

Property investment and development company Warner Estate Holdings plc said it has been granted planning consent for a £30m scheme to redevelop Bolton´s Market Hall, which forms part of A ...

Jean-Michel Andrieu to leave CBRE (FR)

After the announcement of the European merger of CB Richard Ellis and Insignia Financial Group, Jean-Michel Andrieu, Non Executive Officer of the European Board of CB Richard Ellis and Chairman of the ...

Befimmo: results in line with forecasts (BE)

The value of Befimmo’s real estate portfolio has remained largely stable during the first quarter of the 2004-2005 financial year (down 0.04% compared with 30 September 2004) and stood at €1 ...

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