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DekaBank says real estate funds managers resign over alleged neglect of duty (DE)

DekaBank said the three heads of its troubled real estate funds resigned after it became known they already knew on April 8 that the market value of the real estate funds was 512 mln eur below the app ...

Stradmeijer leaves Bouwfonds (NL)

Diederik Stradmeijer (39) has announced to leave Bouwfonds Property Development in the function of director per January 1, 2005. Stradmeijer joined Bouwfonds Vastgoedontwikkeling 11 years ago as devel ...

DEGI buys office building in Paris (FR)

The German DEGI International Fund has bought the ‘Tour Mirabeau’ from insurer AGF for the amount of €220 million.The office building has a surface of almost 40,000 m² and it situated next to t ...

AM opens its first shopping centre in Spain (NL/ES)

Espacio León, the first shopping centre in Spain to be developed by AM, was officially opened on the evening of Tuesday, 19 October 2004. The shopping centre comprises 37,000 m2 of retail and leisure ...

Scottish Widows to duck out of

Scottish Widows Investment Partnership is reportedly set to withdraw from an agreement to forward fund P&O Developments’ £200m Drake Circus shopping centre in Plymouth.It emerged last week that ...

Hypo Real Estate Capital Japan Corporation provides a non-recourse loan for the Carlyle Group´

Hypo Real Estate Capital Japan Corporation (HRECJC), a 100% subsidiary of Hypo Real Estate Bank International, provided a non-recourse loan for the Carlyle Group´s acquisition of Omiya Cente ...

Aareal Bank finances Poland´s largest shopping center (DE/PL)

Aareal Bank has granted a loan of € 140 million for the construction phase of the Arkadia Shopping Centre in Warsaw, which will be opened to the public tomorrow. With a lettable area of 106.000 m² ...

Kungsleden acquired seven properties in Stockholm (SE)

The property company Kungsleden AB (publ) has acquired seven properties situated in Stockholm. The acquisition price amounts to SEK 200 m (approx. € 22 m). The properties lettable floor-space amount ...

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