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Arlington sells

The Hong Kong-based company, Kwang Hing International, has paid Arlington Property Investors £32m for Centurion House on Monument Street in the City of London.The 62,000 sq ft building is let to Nomu ...

Land Securities announces board appointment (UK)

Land Securities announces that it has appointed Mike Hussey, Managing Director, London Portfolio to the Board. Mike joined Land Securities as Development Director in 2002 and has been responsible for ...

Metrovacesa eyes European expansion in 2005 (ES)

Metrovacesa SA is eyeing expansion in the property sector in Europe in 2005 and is prepared to spend around € 1 billion, chairman Joaquin Rivero said.Speaking on the sidelines of a Property Fair, Ri ...

Westfield submits ₤585 million cash bid proposal for owner of Chelsfield (UK)

The Westfield Group has submitted a ₤585 million (A$1.48 billion) cash bid proposal to acquire Duelguide plc, the company which owns the former London Stock Exchange listed Chelsfield plc. T ...

KanAm acquires Fortis Tower in Rotterdam (DE/NL)

The German investor KanAm has acquired a 27,000 m² office tower in the city center of Rotterdam from CGI. Fortis is the sole lease holder of this office tower. Analysts estimate that an amount of app ...

Westfield submits

The move will turn up the heat in a bidding battle between Westfield’s rival, Multiplex, which already owns a stake in Chelsfield. A source close to Chelsfield said that it was likely that a higher ...

Land Securities Trillium and Norwich Union agree sale of seven properties (UK)

Land Securities Trillium and Norwich Union agree sale of seven properties to Active Asset Investment Management Limited (aAIM) for £100.5 million.Land Securities announces that its property outsourci ...

Sonae Imobiliaria to invest € 179.5m in Spain by end-2005 (PT/ES)

Sonae Imobiliaria, the shopping mall unit of Sonae SGPS, plans to invest €179.5m by end-2005 on the construction of three new commercial centers in Spain, chief spokesman Tiago Vidal said. The new m ...

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