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New Chief Financial Officer for Tornet (SE)

Bengt Evaldsson has been employed as Chief Financial Officer (CFO) for Fastighets AB Tornet taking up his position on 1 April 2005. He is taking over from Kent Karlsson who is becoming senior advisor ...

Liberty International´s 2004 preliminary results (UK)

Liberty International´s preliminary announcement of its 2004 results were released yesterday. The financial highlights include: Investment properties (including share of joint ventures) at market v ...

AMB Property Corporation announces fourth quarter and full year 2004 results (US)

AMB Property Corporation has reported fourth quarter and full year 2004 earnings per share (EPS) of $0.65 and $1.39, respectively, exceeding the company´s guidance of $0.47 to $0.57 for the ...

Aberdeen releases first pan-European fund of €161.5 mln (EUR)

Three international institutional investors have invested €161.5 mln in the first pan-European fund that invests in non-listed indirect real estate funds, Aberdeen Indirect Property Partners (AIP ...

Deutsche Bank 2004 figures and 4th quarter 2004 (DE)

Deutsche Bank has reported income before income taxes for the fourth quarter 2004 of € 418 million after reorganisation charges of € 574 million. These charges included restructuring expense ...

Redevelopment Plans Unveiled for the ILAC Centre in Dublin (UK)

British Land subsidiary Firmount Ltd and Irish Life Assurance plc today announced details for the redevelopment of the landmark ILAC Shopping Centre that will see it receive a major upgrade at a cost ...

Commerzbank unit buys Lloyds Tower from Deka Immobilien for £231m (UK)

Commerzbank AG´s real estate unit CommerzLeasing und Immobilien has acquired the Lloyds of London insurance tower from Deka Immobilien Investment GmbH for £231m, the DekaBank unit said.De ...

NCC fourth quarter pre-tax below expectations despite swinging into profit (NO)

NCC AB said its fourth quarter pretax result swung to a profit of 169m skr from a 653m skr loss a year earlier, as property writedowns fell to 21m skr from 782m skr. Market expectations were for a fou ...

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