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Mills chosen to develop important Rome site (IT)

The city of Rome has chosen The Mills Corp. as lead developer to convert the ancient Mercati Generali site into a contemporary retail, entertainment and cultural center. The project will retain the an ...

Swiss Life buys two Parisian buildings for €132.5 million (FR)

Swiss Life has bought two buildings situated in the QCA-area of Paris for an amount of €132.5 million.The acquisition consists of a building of 18,000 m² with 91 parking spaces on the rue La Boéti ...

Degi sells London office building for €124.6 million (UK)

The Deutsche Gesellschaft für Immobilienfonds mbH (Degi) has sold the office building ‘Lloyds Chambers, 1 Portsoken Street’ to the British Holding Consensus. The building was a part of the portfo ...

Pillar Property interim results (UK)

The highlights are: profit before tax up 71.4% to £4.8m (2003: £2.8m), earnings per share up 61.1% to 2.9p (2003: 1.8p), interim dividend per share up 8.3% to 2.6p (2003: 2.4p), net asset value per ...

Heijmans successful in selections for property development (NL)

Heijmans (building, infrastructure and real estate development) is expanding its owner-occupied housing operation after winning six proposal contests. About 1,050 homes have been added to the portfoli ...

Westfield, Multiplex and Reuben brothers´ bid for Duelguide Plc goes unconditional (AU/UK)

The Westfield Group (ASX:WDC) and a new company owned by Multiplex (ASX:MXG) and companies associated with David and Simon Reuben have received acceptances for 97.3% of the shares of Duelguide plc, th ...

Rodamco Europe: no direct financial risk in delay completion Zlote Tarasy, Warsaw (NL/PL)

Rodamco Europe N.V., the largest publicly listed property investment and management company in the retail sector in Europe, announces the delay of the opening of the Zlote Tarasy shopping centre in Wa ...

INREV launches European indices (EUR)

“The new INREV Indices are the clearest sign to date of the maturing market for non-listed real estate investment in Europe”, said Phillip Rose, Co-chairman of INREV’s Performance and Benchmarki ...

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