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UBS buys Mondial House for

UBS has agreed to buy Mondial House, one of the London City’s best known buildings, from BT for around £55m.BT currently uses the 400,000 sq ft building, on Upper Thames Street, EC4, as a telephone ...

VastNed Retail sells French retail warehousing (FR/NL)

VastNed Retail has signed an agreement for the sale of its retail warehousing investment “ La Croix Blanche” in Sainte-Geneviève-des-Bois, France to Warburg-Henderson Kapitalanlagegesellschaft f ...

OMA/Koolhaas designs BauHaus Europa in Aachen (DE)

Rem Koolhaas has been asked to design the Bauhaus Europa in Aachen, Germany. The city announced this last week. The ‘EU-Regionale 2008’ has nominated the project as initiative.It will be a transpa ...

Hammerson sells Parc Fforestfach Retail Park for

Hammerson plc has exchanged contracts for the sale of its freehold interest in Parc Fforestfach Retail Park, Swansea, to Henderson Global Investors. The net cash proceeds will be £88.2 million after ...

Hammerson sells Parc Fforestfach Retail Park for

Hammerson plc has exchanged contracts for the sale of its freehold interest in Parc Fforestfach Retail Park, Swansea, to Henderson Global Investors. The net cash proceeds will be £88.2 million after ...

Bristol Alliance finalises agreements

Land Securities Group PLC (“Land Securities”) and Hammerson plc (“Hammerson”) announce that they have entered into the formal property pooling agreements for the Bristol Alliance, finalising t ...

Unibail sells part of Coeur Defense (FR)

After years of speculation Unibail has just announced that it sells 51%of its equity stake in SCI Karanis to Whitehall Investments, that owns the Coeur Defense office in Paris. In addition, the compan ...

DTZ Holdings PLC Preliminary Results

DTZ reports strong progress with 32% rise in pre-tax profits.Highlights Profit before tax up 32% to £11.0m (2003: £8.4m); profits before tax and exceptional items up 22% to £11.0m (2003: £9.1m) Tu ...

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