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Europolis aims for € 1 billion expansion (AT)

The Austrian bank Investkredit and the European Bank for Reconstruction and Development (EBRD) have jointly provided a capital injection of € 300 million (split 75 pct 25 pct respectively) into Euro ...

AXA and IVG joint venture sells two office buildings in Paris for € 121 million (DE/FR)

German real estate company IVG Immobilien AG said its joint venture with AXA Real Estate Investment Managers has sold two office buildings in Paris to German syndicator KanAm Grund Kapitalanlagesellsc ...

SFL and Pr

Société Foncière Lyonnaise (SFL) and Prédica have received the Building of the Year Award in the renovated building category at the SIMI business property show in Paris. A jury of twelve property ...

WCM Group sells interest in MAAG-Holding AG (DE/CH)

The WCM Group has sold its 38.7 percent interest in MAAG Holding AG, Zurich, Switzerland, to Swiss Prime Site AG, Olten, Switzerland. The stake was sold for a total price of more than CHF 75 million. ...

Heijmans achieves 2004 earnings forecast (NL)

Heijmans (construction, infrastructure and property development) will close 2004 in line with previously expressed expectations. Revenues will come out at approximately € 2.6 billion, while net prof ...

General Manager Giovanni Maria Paviera to leave Aedes Immobiliare (IT)

Pursuant to the partnership agreement and confirming Aedes’strategy directed to develop Real Estate funds, Mr. Giovanni Maria Paviera leaves the assignment of Aedes’s General Manager to become Gen ...

Quintain Estates´ Interim Results for the six months ended 30 September 2004 (UK)

Quintain Estates & Development PLC posted a 31 pct drop in interim profits mainly as a result of exceptional costs related to the refinancing of the company´s debt.For the interim period ...

Pirelli RE´s Olinda fund 2.6 times subscribed and priced near top of range (IT)

Pirelli & C Real Estate SpA said the offering of shares in its Olinda fund was 2.6 times subscribed, and the price has been fixed at € 508 per share, at the top end of the preset € 500-510 ran ...

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