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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 ...

LAMDA Development: increase of 43% in consolidated turnover for first nine months of 2004 (GR)

LAMDA Development recorded an increase of 43% in the company’s consolidated turnover for the nine-month period between January to September 2004, totalling € 67,492,000 compared to € 47,234,000 ...

Citycon´s shares subscribed based on share options in November (FI)

A total of 228,500 new Citycon shares with a nominal value of € 1.35 per share were subscribed in November, exercising the A/B/C stock options based on the company´s stock option plan 1999 ...

King Sturge opens Nottingham office (UK)

King Sturge has officially opened its new office in Nottingham, the firm’s 16th in the UK. The new office will be led by Helen Longstaffe, who rejoined King Sturge last year after four years away in ...

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