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WCM faces € 79.5m legal claim from Sirius over IVG stake sale proceeds (DE)

WCM Beteiligungs- und Grundbesitz AG said shareholders of the insolvent Sirius Beteiligungsgesellschaft mbH have filed a suit claiming 79.5 mln eur from the company over proceeds from the sale of a st ...

BAM expects net profit of approximately € 80 million in 2004 (NL)

Organic growth in turnover of 2% in the first half year Strong order book: € 9.7 billion (+5% organic)Royal BAM Group has seen a good first half of 2004. Turnover increased 2% organically. The net r ...

Westfield set to bid

Westfield, the Australian-based shopping centre operator, is poised to offer more than £500m for Chelsfield, the property company which was taken private by its founder Elliott Bernerd earlier this y ...

Sonae Imobili

The highlights are: Direct Income from operations reached € 21.3 million, an increase of 20% Open Market Value of Investment Properties increased 28.6% to € 3.690 million € 107 million were inve ...

Motorola appoints C&W/H&B as corporate real estate advisor for EMEA

Motorola Inc, a global leader in wireless, broadband and automotive communications technologies, has selected Cushman & Wakefield Healey & Baker (C&W/H&B) on a three year contract to p ...

Westfield set to bid

Westfield, the Australian-based shopping centre operator, is poised to offer more than £500m for Chelsfield, the property company which was taken private by its founder Elliott Bernerd earlier this y ...

HVB sees VuW squeeze-out delayed until early next year (DE)

HVB Group AG now expects legal opposition from minority shareholders of Vereins- und Westbank (VuW) to delay its 25 eur-per-share squeeze-out attempt until early next year, a spokesman for HVB told Di ...

Ashtenne raises interim dividend 5.2% as profit more than doubles (UK)

Property investment group Ashtenne Holdings plc said it is raising its interim dividend 5.2% as it announced pre-tax profits more than doubled to £23.2m in the first half to 30 June from £9.18m a ye ...

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