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JLL reports strong third-quarter results

Jones Lang LaSalle has reported a net profit of $15.3m (£8.3m) for the third quarter of 2004, more than twice that of the equivalent period in 2003. The company’s global third-quarter revenues were ...

Brixton plc has exchanged contracts to acquire various entities from subsidiaries of Industrious Holdings (Jersey) Limited, which includes a portfolio of 163 properties worth £675 million. Brixton w ...

Good letting process at SFL (FR)

Societe Fonciere Lyonnaise (SFL) has recently signed a number of new leases in the office and retail market.In the office market, some 20,800 m² have been relet in SFL´s two largest proper ...

Kungsleden acquires 18 properties (SE)

The property company Kungsleden AB (publ) has acquired a property portfolio of 18 properties. The acquisition price amounts to SEK 530 m and the yield based on the sales price is 8,2 %. The lettable f ...

Pirelli RE´s Olinda fund public offer to run 10 November to 6 December (IT)

Pirelli & C Real Estate SpA´s offering of shares in its Olinda fund of retail real estate will run from Nov 10 to Dec 6, it said in a statement on publication of the fund prospectus. The ...

Prudential puts

The Prudential has reportedly put the Burlington Arcade in Piccadilly on the market, with an asking price of £56m.The arcade is the oldest in the UK and one of London’s most prestigious shopping lo ...

Hypo Real Estate Bank AG: First lending transaction after resumption of new business (DE)

Hypo Real Estate Bank AG in Munich has completed its first financing transaction since resuming new lending activities. The bank is funding the reconstruction and modernization of the „Messehäuser ...

HVB Group´s operating business stands up well in the third quarter (DE)

Overall, HVB Group recorded robust operating performance in the third quarter. Net interest income after adjustment for seasonal and one-off effects increased over the previous quarter, net commission ...

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