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 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 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 ...
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 ...
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 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 ...
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 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 ...
