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SEB: Interim report January-September 2004 (SE)

Improved result compared with last year with operating result for the first nine months of 2004 increasing by 17 per cent, to SEK 6,751m. All divisions improved their results. The operating result for ...

Hypo Real Estate Bank AG sells real estate loan portfolio with a volume of around €394 million (DE)

Hypo Real Estate Bank AG has sold a further real estate loan portfolio following the sale of a portfolio to the investment company Lone Star in the middle of last month. This portfolio, with a volume ...

CBRE: Market view on European Investment H1 2004

European investment activity continues to grow rapidly in H1 2004, outperforming H1 2003 by over 20%. According to CBRE there was a marked shift in dominance away from foreign investors towards local ...

BNP Paribas Immobilier wins mandate of €200 million (FR)

BNP Paribas Immobilier, presided by Philippe Zivkovic, has just won a mandate of €200 million for the management of the portfolio of the Sireo Immobilienfonds n°4, Luxembourg Sicav. The total amoun ...

British Land sells The Swiss Centre in London (UK)

British Land has sold the freehold of the Swiss Centre, London W1 to McAleer & Rushe Group, a development and construction group based in Northern Ireland. 30 prospective bidders inspected the pro ...

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 ...

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