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Rodamco Europe divests Dutch office buildings for € 62.4 million (NL)

Rodamco Europe N.V. has sold two office buildings from the investment portfolio in Amsterdam and Rotterdam for a total amount of € 62.4 million, approximately 5% higher than the latest book value.Th ...

ING establishes new Britannia retail fund (UK)

ING Real Estate Investment Management has announced the launch of its new Britannica retail fund, which it is intending to grow to £1bn. ING Britannica will invest in shopping centers and target retu ...

IVG Immobilien AG sells office building in Paris for € 100 million (DE/FR)

IVG Immobilien AG has sold the office building Boulevard Haussmann 173-175 valuing over € 100 million to the Allianz group in a company disposal. The building, which is fully let, has over 10,600 m ...

ThyssenKrupp sells HiServ business to Wisag (DE)

ThyssenKrupp AG said it sold its HiServ GmbH property management unit to Wisag Service Holding for an undisclosed amount as part of the conglomerate´s focus on its core steel, automotive, el ...

Luz del Tajo, Toledo

On Tuesday, September 28th 2004, the doors of Luz del Tajo, Toledo’s first shopping and leisure center, were open to the public. Luz del Tajo has been developed by Sonae Imobiliária (65%) and the E ...

Sacyr Vallehermoso begins trading on Lisbon

Sacyr Vallehermoso SA said in a statement that it began trading on Lisbon´s Euronext yesterday. Earlier this month, the company said it planned to seek a listing in Lisbon, following the completion ...

ING Group reached an agreement in principle with Sal. Oppenheim about the sale of ING BHF-Bank (NL/D

ING Group announced yesterday that it reached an agreement in principle with Sal. Oppenheim about the sale of ING BHF-Bank. Closing of the transaction is expected at year-end 2004.ING Group will retai ...

Metrovacesa says full year net profits to exceed estimates (ES)

Metrovacesa SA expects net profit in 2004 to exceed its initial forecast for € 230 mln, chairman Joaquin Rivero said.Rivero was speaking at a property fair in Barcelona. www.efreeman.co.uk Source: ...

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