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Regus cuts first half losses and sees continued revenue growth (UK)

Regus Group plc cut its pre-tax loss in the first half of 2004 to £7.8m from a loss of £20.3m a year earlier on turnover of £124.9m compared with £129.4. The group, which provides global outsource ...

WestInvest acquires 8,000 m

The German investment fund WestInvest has acquired the office building at 8/10, avenue Ledru Rollin in Paris 12ème, which was owned by AXA

Italy government chooses BNL and Pirelli RE to manage two real estate funds (IT)

The Italian economy and finance ministry said it has chosen Banca Nazionale del Lavoro SpA and Pirelli & C Real Estate SpA to manage two funds being set up to manage State-owned real estate.Banca ...

Deutsche Bank, Pirelli RE & Beni Stabili bid for Unicredito property (IT)

Deutsche Bank unit Deutsche Bank Real Estate, Pirelli & C Real Estate SpA and Beni Stabili SpA have been shortlisted to purchase 300 mln eur worth of property assets from Unicredito Italiano SpA, ...

Michael Schultheiss appointed Head of Treasury & Rates of Hypo Real Estate Bank International (DE/IR

The Treasury department of Hypo Real Estate Bank International, Dublin has been restructured. Michael Schultheiss (36) is, with immediate effect, Head of “Treasury & Rates”. He is responsible ...

WestInvest acquires 8,000 m

The German investment fund WestInvest has acquired the office building at 8/10, avenue Ledru Rollin in Paris 12ème, which was owned by AXA

Preliminary constituents GPR 250 index series

Global Property Research announces the preliminary constituents of the GPR 250 index series, which will become effective as of 1 October 2004.The GPR 250 REIT Index is a subset of the well-known GPR 2 ...

Inovalis acquires 16,000 m

The Paris real estate fund manager Inovalis has realised its first acquisition in Toulouse. The company re-acquires the 16,000 m² Centreda office buildings from the Dutch property company Corio. The ...

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