ICSC taps Charles Grossman to be next chairman (US)

Charles Grossman, a senior executive of one of the world´s largest real estate investment management firms, has been tapped by the nominating committee of ICSC´s Board of Trustees ...

Bouygues Immobilier lays first stone of Exaltis, the last new office building at La Défense (FR)

François Bertière, Chairman and CEO of Bouygues Immobilier, and Patrick Peugeot, Chairman and CEO of La Mondiale, the investor, have laid the first stone of Exaltis, the last new office block to ...

ABN AMRO rebrands Standard Federal unit to LaSalle Bank (US)

ABN AMRO’s U.S. subsidiary LaSalle Bank Corporation announces today that it will change the brand name of its Michigan-based unit Standard Federal Bank to LaSalle Bank Midwest later this year. Th ...

British Land invests in 23 Debenhams Department Stores (UK)

The British Land Company PLC has exchanged contracts for a transaction encompassing 23 freehold and long leasehold Debenhams department stores totalling 3.28 million square feet for a value of some  ...

Heitman to invest €1 billion in Central and Eastern Europe

US-based real estate investor Heitman LLC has raised €175 mln from the first closing of a new fund which is to target Central and Eastern Europe.The Heitman Europe Property Partners III Fund (HEP ...

AXA and IVG joint venture sells Paris office building for €63m (FR)

Real estate company IVG Immobilien AG said its joint venture with AXA Real Estate Investment Managers sold an office building in Paris to German syndicator KanAm Grund Kapitalanlagesellschaft mbH for ...

Scotland´s largest office scheme unveiled (UK)

Castlemore Securities completes £100 million redevelopment of Edinburgh´s historic GPO. The 213,000 sq ft development is Edinburgh city centre´s only office development offering floorplates i ...

Eurocommercial Properties presents Half Year Report 31 December 2004 (NL)

Eurocommercial Properties N.V. (“the Company” or “ECP”) announced its December 2004 half year results today, showing an increase of 14.5% in the Direct Investment Result to EUR 24. ...