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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 ...

Eurohypo presents Interim Report to 30 September 2004 (DE)

Eurohypo has presented its first nine months results. The highlights are: pretax profits jumped sharply to € 448.6 million, a rise of 46% from the same period last year, net interest and commission ...

Grupo FCC: net profits up by 14.6% (ES)

The revenues of Grupo Fomento de Construcciones y Contratas, S.A. (FCC) during the first nine months of 2004 totalled € 4,631.9 million, which represents an increase of 3.5% in comparison to the sam ...

Pirelli & C. Real Estate´s 2004 first nine months results: growth trend continues (IT)

The Board of Directors of Pirelli & C. Real Estate has approved the Group financial statements as of 30th September 2003. The highlights are: consolidated net income increased to € 65.9 million, ...

PGGM's Munsters to succeed ABP's Frijns (NL)

ABP, Europe’s largest pension fund, has named PGGM’s Roderick Munsters to succeed Jean Frijns as chairman of ABP Investments.“The board of governors of Stichting Pensioenfonds ABP has appointed ...

Kardan to develop €55 million shopping center in Croatia (CR)

Kardan N.V. announces that its subsidiary GTC Real Estate Investment Croatia B.V. completed the purchase of 70% of the shares of a Croatian company owning land in Zagreb, Croatia. In exchange for the ...

Jones Lang LaSalle Board Of Directors Elects Sheila A. Penrose As Chairman (UK)

The Board of Directors of Jones Lang LaSalle Incorporated announced today that it has unanimously elected Sheila A. Penrose (59) to the post of Chairman for an initial term of two years, effective Jan ...

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