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Regus to buy HQ Global for

Regus Group PLC said it proposes to buy HQ Global Holdings Inc for 163.5 mln stg in cash. The company also proposes a placing and open offer of up to 196,958,408 new ordinary shares at 62.25 pence eac ...

CS EUROREAL breaks through EUR 5 billion barrier

The Credit Suisse Asset Management (CSAM) open real estate fund CS EUROREAL, has broken through the EUR 5 billion barrier.In the first six months of 2004 the fund had inflows of EUR 524.1 million in n ...

C&W/H&B opens an office in Athens (GR)

Cushman & Wakefield Healey & Baker (C&W/H&B) has opened a fully owned office in Athens to cover the Greek market. The office, which opened on 12 July, is headed jointly by Nicky Simbou ...

ING's Central Europe fund buys shopping center in Czech Republic (CZ)

The ING Property Fund Central Europe has bought the Nisa shopping center in the Czech Liberec. The center is fully let and has a surface of 28,600 m². The fund now has an invested capital of € 600m ...

Pirelli launches € 873m. Italian office fund (IT)

Pirelli & C. Real Estate launched Cloe, an € 873m. Italian closed-end office fund. The equity in the non-listed fund was placed to qualified institutional and private investors. Deutsche Bank ac ...

Bouwfonds and MAB join forces (NL)

ABN AMRO Bouwfonds Nederlandse Gemeenten NV (Bouwfonds), with its head office in Hoevelaken, Hofima BV, with its head office in The Hague, have reached agreement on the acquisition by Bouwfonds of all ...

Deka Immobilien acquires Paris property 'Axe France' (DE/FR)

Deka Immobilien has acquired the property ‘Axe France’, which has a total surface of 22,300 m² of office and retail space (+320 parking spaces). It is situated in the business district Paris Rive ...

Land Securities announces directorate changes (UK)

Land Securities announces that Alison Carnwath has been appointed to the Board as a non-executive director with effect from 1 September 2004. On joining the Board, she will serve as an independent mem ...

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