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Ambitious Grolsch Mekkelholt Development plan approved by the city authorities (NL)

In recent months, ING Real Estate Development, the Enschede Municipality and the Volion and Domijn local housing corporations have worked together to draw up a redevelopment plan for the former Grolsc ...

Sacyr Vallehermoso first nine months results (ES)

Sacyr Vallehermoso group (SyV) obtained a net attributable profit of € 235.4 million in the first nine months of 2004. This profit represents an increase of 0.5% with respect to the same period last ...

Tornet presents its interim report January-September 2004 (SE)

Fastighets AB Tornet has presented its first nine months results of 2004. The highligts are: rental income decreased to SEK m 1709 (2003 III: SEK m 1797); profit after tax decreased to SEK m 331 (2003 ...

Westfield Group on track to meet prospectus forecasts (AU)

Westfield Group Ltd´s chairman Frank Lowy told the property group´s annual general meeting that the group remains on track to meet prospectus forecasts made when the group was form ...

Kl

On November 9, 2004, Klépierre acquired two shopping malls, both adjacent to Leclerc hypermarkets. The Blagnac and Saint-Orens shopping centers are located, respectively, in the northwest and southea ...

Rodamco Europe leases part of Oostelijke Handelskade to Ahold (NL)

Rodamco Europe N.V. will lease its office building ‘Huys Europa’ located in Amsterdam’s Eastern Commercial Wharf (Oostelijke Handelskade) to Ahold. The ‘Huys Europa’ building consists of app ...

Aareal Bank fully accounts for already announced additional provisioning in its figures for the thir

Aareal Bank Group fully accounted for the additional risk provisioning, announced at the end of August, in the consolidated income statement for the first nine months of 2004. Accordingly the nine mon ...

ING and GE Real Estate in Poznan alliance (PL)

ING Lease (Polska) and GE Real Estate have joined forces in a 50:50 venture to acquire Poznan´s King Cross shopping centre, which is currently under construction, in a EUR 60 mln sale and le ...

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