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Citycon strengthens its personnel resources in property investment (FI)

Citycon Board of Directors has decided to strengthen its personnel resources in property investment by appointing Mr. Harri Holmström (48), M.Sc. (Surveying), Chief Investment Officer and member of t ...

Land Securities Group PLC announces interim results for the six months ended 30 September 2004 (UK)

The highlights are: adjusted diluted net asset value per share up 8.4% to 1443p (31/03/2004: 1331p); uplift of 5.3% in the valuation of the investment portfolio; pre-tax profits rose 8.2% to £196.6m ...

IVG Immobilien presents Interim Report of 3rd quarter 2004: operating earnings increased by 9% (DE)

, a large number of leasing markets have improved. In Germany, growth prospects remain modest. The rental level is beginning to stabilise at a low level. Increasing new rentals and top rents in conj ...

Eurohypo opens new office in Helsinki (DE/FI)

On November 16, 2004, Eurohypo AG has opened a representative office in Helsinki. Eurohypo has long been represented in Northern Europe by its predecessor banks. This presence in Helsinki will close u ...

Befimmo's full year results show: Brussels office market is still weak (BE)

Befimmo’s full year results showed a weaker quality of earnings and a lower than expected re-valuation (-0.2% vs estimate of +0.4%). The occupancy rate dropped further in the fourth quarter from 92. ...

Land Securities and Slough Estates agree property swap (UK)

Land Securities Group PLC and Slough Estates plc announced yesterday that they have exchanged contracts for the property swap announced on 24 August 2004. The transaction will involve an exchange of t ...

AM sells Portuguese shopping center to ING (NL/PT)

AM (formerly Amstelland MDC) has completed a contract to sell the shopping center Forum Coimbra, located in central Portugal, to ING Real Estate Investment Management. The total investment value of th ...

The Carlyle Group acquires Omiya Center Building (JAP)

Global private equity firm The Carlyle Group announced today its acquisition of the Omiya Center Building in partnership with the asset management firm A-Max Corporation, a subsidiary of JASDAQ-listed ...

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