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Slough out of the running for Newbury retail scheme (UK)

Slough Estates has dropped out of the race to develop a 270,000 sq ft retail scheme in Newbury, Berkshire. The decision comes as part of an increased focus on industrial property, and the sale of the ...

FCC's net profit up by 22,1% in H1 2004 (ES)

The consolidated net revenues of Fomento de Construcciones y Contratas, S.A. (FCC) during the first half of the year were € 3,035 million, an increase of 4.2% over the same period last year.The incr ...

Chelsfield confirms takeover approaches (UK)

Chelsfield Chairman, Elliott Bernerd, has confirmed that approaches have been made to buy the company, with the Australian developers Multiplex and Westfield understood to be in the frame.Multiplex wa ...

AM posts lower H1 2004 result owing to planning delays (NL)

Dutch developer AM NV saw the operating result fall by 45% to €27.4 million in the first half of 2004. The operating margin (operating result as a proportion of operating income) for the first half ...

Westfield merger creates the world´s largest retail real estate company (AU)

Westfield Holdings, Westfield Trust and Westfield America Trust recently completed their three-way merger to create Westfield Group, the world´s largest retail real estate company.The merger ...

Christian de Kerangal to rejoin IPD France (FR)

From 1 October, 2004 Christian de Kerangal will rejoin IPD France as assistant General Manager. He will develop the division ‘Users’ (OPD services to mesure the efficiency of the real estate devel ...

Opening of 43,000 m

After an extensive renovation, the Galeries Saint-Lambert, one of the biggest shopping centers in Wallonia, was opened last Thursday. Previously, the Grand Bazar was situated in the building. The comp ...

Tops launches legal action over Trinity Quarter (UK)

Universities Superannuation Scheme’s proposed £150m Trinity Quarter retail development in the centre of Leeds has hit problems after legal action from rival developers.A group of five local landown ...

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    CapMan and AP Pension buy 152-room Hotel Scandic Webers in Copenhagen from ...
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