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Board SIG Real Estate Groep in take-over talks with TCN Property Projects (NL)

The board of the Stichting Industrie- en Handelsgebouwen Groningen (a foundation connected to the Municipality of Groningen) has revealed its intention to discuss a sale of its shares in SIG Real Esta ...

Scope gives top marks to DB Real Estate Germany (DE)

TheGerman rating agency, Scope Group, has evaluated the management quality of DB Real Estate Investment GmbH and rates the company AAA (outstanding).Among other funds, Deutsche’s real estate unit ...

Aberdeen delivers full year profits in line with expectations (UK)

Investment company Aberdeen Asset Management plc said pre-tax profits before exceptionals and goodwill for the year to 30 September 2004 came in at £15.1m, up from £5m one year earlier, and in l ...

Work to start on Warsaw outlet center (PL)

A tender process is currently underway to find a general contractor to build Fashion House Warsaw, a themed shopping center based on the ‘outlet’ concept of discounted branded products. It w ...

Bouwfonds becomes wholly-owned subsidiary of ABN AMRO (NL)

ABN AMRO has acquired the final 25% of Bouwfonds shares that were still held by Dutch municipal authorities. ABN AMRO consequently now owns all Bouwfonds shares and the company will become a wholly-ow ...

Wihlborgs sells 10 properties for SEK 223 million (SE)

Wihlborgs Fastigheter has sold ten properties for a total of SEK 223 million. The profit of SEK 20 million will be included in the result for the fourth quarter of 2004.'There is a strong interest in ...

Bulgarian Property starts trading on AIM (BU)

Bulgarian Property Developments PLC said its shares were admitted to trading on the AIM Market this morning. BPD is a newly formed company which has raised approximately 4.5 mln stg before expenses un ...

Flemish Community fulfills most important real estate transaction in Belgium in 2004 (BE)

On Friday 24 December, 2004 the cabinet council of the Flemish Community approved the sale of real estate shares for the amount of €234,2 million to the AXA Group. CB Richard Ellis and ConnectImm ...

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