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Five shortlisted for Minerva takeover (UK)

Minerva has drawn up a shortlist of five bidders for the company, with at least one offer reported to be over 300p per share.The shortlist is believed to include a partnership between Tishman Speyer a ...

Mayor of London approves

Chelsfield and Stanhope’s £3.5bn Stratford City redevelopment has been approved by the Mayor of London, Ken Livingstone. The scheme will provide 5m sq ft of offices; 1.5m sq ft of retail, 2,000 hot ...

IFRS: A new frame of reference (EUR)

European listed property companies are required to comply with International Financial Reporting Standards (IFRS) as from 2005. For the property sector that traditionally markets itself on transparenc ...

Mayor of London approves

Chelsfield and Stanhope’s £3.5bn Stratford City redevelopment has been approved by the Mayor of London, Ken Livingstone. The scheme will provide 5m sq ft of offices; 1.5m sq ft of retail, 2,000 hot ...

Inmobiliaria Colonial presents business plan 2004-2007 (ES)

Inmobiliaria Colonial has presented its business plan through 2007, the result of the acquisition of Societe Fonciere Lyonnaise this past June. The main points of the new business plan focus on the st ...

HVB Central Profit Banka is launched (DE)

The new HVB Central Profit Banka, a Member of HVB Group, started its operations on 1 October. The process of integrating HVB Bank and Central Profit Banka, which started after the acquisition of Centr ...

BAM wins € 52 million order for renovation of Bruges railway station (NL/BE)

De Meyer, CEI and Interbuild, three Belgian operating companies of Royal BAM Group, have jointly acquired an order for the renovation of Bruges railway station worth € 52 million. The work will be c ...

Sponda buys 3 central Helsinki properties from Elisa for € 25.5 million (FI)

Sponda is increasing its real estate portfolio in Helsinki Business District with the purchase of three office properties from telecommunication services provider Elisa for a total price of € 25.5 m ...

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