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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 ...

Hercules confirms bid approach (UK)

Hercules Property Services plc said it is in talks that may lead to an offer for the company and that the offer under consideration would be at a premium to the current share price and would be predom ...

Castellum invests SEKm 183 (€ 20,1 million) (SE)

Castellum has through the subsidiaries Fastighets AB Corallen, Harry Sjögren AB, Eklandia Fastighets AB and Aspholmen Fastigheter AB acquired two commercial properties for SEKm 106 (€ 11,6 million) ...

Z

The Züblin Immobilien Group is expanding its European holdings with the purchase of a diversified retail portfolio in Germany worth a total of CHF 300 million (€ 195 million).The annual rental inco ...

Metrovacesa targets further expansion in Catalonia (ES)

Metrovacesa SA said it is targeting further expansion in Catalonia, where it plans to develop two industrial estates and more than 20 residential developments in the coming years.In a statement, Metro ...

Capital & Regional raises dividend 25% (UK)

Capital & Regional plc, the co-investing property asset manager, raised its interim dividend 25% to 5p per share after it reported an increase in pre-tax profit for the six months to 30 June 2004. ...

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