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Tornet to sell Malmstaden (SE)

Fastighets AB Tornet has previously announced the sale of its subsidiary Malmstaden. Agreements covering all Malmstaden´s properties have now been signed.Purchase agreements have been signed with: ...

British Land listed as Financial Services sector world leader (UK)

The Dow Jones Sustainability Indices have listed The British Land Company PLC as world market leaders for the financial services sector for the second year running.The results of the annual review for ...

Deutsche Bank names European real estate research head (DE)

Deutsche Bank’s real estate arm has named Peter Hobbs as head of European real estate research.DB Real Estate, the world´s largest real estate investment manager, said Hobbs would be based ...

Ahold, AM sell Czech shopping centre to ING Property Fund Central Europe (CZ)

AM NV and Royal Ahold NV have agreed to sell the Olympia shopping centre in Plzen, Czech Republic to ING Property Fund Central Europe, the ING Group NV unit said.No financial details were disclosed. ...

Jeronimo Martins plans to invest €120m by 2006 in Polish retail chain (PL)

Portuguese retail group Jeronimo Martins plans to invest some € 120 mln between now and 2006 in expanding Biedronka, Poland´s biggest discount retail chain, said a company official, cited ...

Pirelli RE to float Olinda commercial property fund (IT)

Pirelli & C Real Estate SpA chief executive Carlo Puri Negri said the group´s new fund Olinda, which specialises in shopping outlets, could be floated at the end of the year or in the fi ...

Aareal Bank strengthens its capital base by € 85 million (DE)

Aareal Holding Verwaltungsgesellschaft mbH fully subscribes to a 10% capital increase, boosting its interest to 46.14% Issue price of € 24.00 above the current market priceAs announced on 30 August ...

David Blight appointed as successor to George Jautze (NL)

Mr David Blight (42) has been appointed as a member of the General Management of ING Real Estate. He will succeed George Jautze as General Manager of ING Real Estate Investment Management as of 1 Janu ...

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