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Deutsche Bank announces new structure and management for Deutsche Asset Management (DE)

Deutsche Bank today announced a new organizational structure and Global Operating Committee for Deutsche Asset Management (DeAM).Effective immediately, DeAM will be reorganized into three distinct glo ...

New buyer of TK Development's stake in the Field's shopping centre, Copenhagen (DK)

TK Development has conditionally sold its 50 % stake in the Field’s project in Copenhagen to its partner, Steen & Strøm, the owner of the remaining 50 % of the project.The sale replaces the sal ...

ING agrees to sell most of ING BHF-Bank to Sal. Oppenheim (NL/DE)

ING Group has finalised an agreement by which it has agreed to the sale of most of its German banking unit, ING BHF-Bank, to Sal. Oppenheim for € 600 million.The transaction includes ING BHF-Bank’ ...

Multiplex replaces Pillar in Cricklewood joint venture (UK)

Pillar Property has sold its 50% interest in its Cricklewood regeneration joint venture with Hammerson to Multiplex for £18.6m.The disposal is in line with Pillar’s strategy of selling its non-core ...

Wereldhave acquires shopping center Davenport Village in Austin, Texas (NL/US)

During the second half of November 2004, Wereldhave completed the purchase of a shopping center in the United States. The shopping center ´Davenport Village´ in Austin, Texas, cons ...

Aareal Bank AG appoints Dr. Wolf Schumacher as new CEO (DE)

Aareal Bank AG announced today that its Supervisory Board had unanimously appointed Dr. Wolf Schumacher (46) as new Chief Executive Officer of the bank.A seasoned expert in the finance and real estate ...

Aedes sells stake in Aedilia Vic to French pension fund (IT/FR)

Aedes and CDC Group respectively sold their 16.67% and 16.66% stake in Aedilia VIC to Union Mutuelle des Retraite (UMR), institutional French pension fund. This disposal is part of Aedes’ strategy t ...

Inmobiliaria Colonial appoints former Repsol YPF chairman Cortina to board (ES)

Inmobiliaria Colonial SA said it has appointed former Repsol YPF SA chairman Alfonso Cortina to its board of directors to replace Salvador Gabarro Serra.The move is widely seen as a prelude to Cortina ...

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