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Hammerson and Multiplex Join Forces to Advance Cricklewood Scheme (UK)

Hammerson plc and Multiplex Group have joined forces to advance proposals for the regeneration of Cricklewood, North London, following Multiplex Group’s purchase of Pillar Property’s interest in C ...

Fastighets AB Tornet: sale of Malmstaden has been completed (SE)

On 17 September, agreements were signed on sale of the subsidiary Malmstaden. All transactions have now been completed. The transactions included 128 properties with a total lettable area of 580,400 s ...

Ahold completes sale of its Spanish retail activities (ES)

Ahold today announced it has successfully completed the sale of its Spanish retail activities to the Permira Funds. Ahold and Permira announced the transaction on October 3, 2004. The closing was subj ...

Karstadt faces big rent loss provisions (DE)

KarstadtQuelle, the ailing German retailer, will be forced to make provisions of about €100m ($132m) for anticipated losses from the rental of outsourced real estate assets. KarstadtQuelle sold the ...

Rodamco Asia sold Indonesian subsidiary (Asia)

Rodamco Asia N.V. has announced that it has sold all the shares in Rodamco Indonesia B.V. which owns a retail property in Jakarta.The transaction was made with a Singapore company, DS Global Holdings ...

RICS Netherlands has 8 new members (NL)

RICS Netherlands has chosen 8 new members after its final assessment. They will become Professional Member of the RICS and therefore may put the title MRICS after their name. RICS Netherlands is the D ...

Aberdeen acquires Catella's property management in Belgium and the Netherlands (BE/NL)

Aberdeen Property Investors is to acquire Catella’s property management companies in Belgium and the Netherlands. The acquisition is part of Aberdeen’s strategy of expanding in the European prope ...

Frank Lamby to follow Johann Berger at the head of Hypo Real Estate Bank AG (DE)

Frank Lamby (47) has been nominated as a member of the managing board of Hypo Real Estate Bank AG effective 1 January 2005. It is planned that Frank Lamby will take over the position of managing board ...

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