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Kungsleden sells and changes forecast (SE)

The property company Kungsleden AB (publ) has sold four properties northeast of Stockholm. Purchaser is Fastighetspartner and the sales price amounts to SEK 282m. The lettable floor-space of the prope ...

AM sells Portuguese shopping center to DB Real Estate Investment (PT)

AM NV (formerly Amstelland MDC) has completed a contract to sell the shopping center Forum Madeira, located in Funchal, the capital of Madeira Island, to DB Real Estate Investment GmbH. The total inve ...

ING finalises sale of ING BHF-Bank activities (DE)

ING has finalised the sale of most of its German unit ING BHF-Bank. The sale to Sal. Oppenheim, announced on 2 December 2004, was completed at midnight on 31 December 2004. That sale includes ING BHF- ...

NCC sells commercial properties on Ströget for SEK 212 million (DK)

NCC Property Development in Denmark has sold commercial properties on Ströget in Copenhagen to K/S Vimmelskaftet 31-41 c/o Keops InvestorPartner A/S. The purchase sum was DKK 177 million, the equiv ...

Establishment of Aedes Servizi S.r.l. (IT)

A new company, Aedes Servizi Srl, has been established for the provision of real estate services. The creation of this company is a further step in the implementation of Aedes’ new strategic plan ...

Pirelli RE-Soros JV acquires seven properties for € 77 million from Prada Group (IT)

Spazio Industriale, the joint-venture between Pirelli RE (25%) and Soros Real Estate Investors (75%) has made its second acquisition in 2004 after the purchase of real estate assets formerly owned by ...

ABP adds to UK real estate portfolio (NL/UK)

Dutch civil service pension fund ABP investments has added to its holdings in listed UK real estate companies. Great Portland Estates, which owns €1.2bn of real estate, mainly in London, said thi ...

Cofinimmo reinforces its position in Leopold district (BE)

Cofinimmo has announced that the shareholders of “Beta Invest” sprl have contributed all of their shares by contribution in kind to Cofinimmo, in exchange for new Cofinimmo ordinary shares, ...

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