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Westfield in $790 million four-way property transaction with Deutsche Diversified Trust

The Westfield Group today formed four new joint ventures with Deutsche Diversified Trust with the announcement of a $790 million property transaction. “This transaction expands our relationship with ...

Hines submits new plans for Cannon Street redevelopment (US/UK)

The US-based developer, Hines, has submitted plans for a 390,000 sq ft office building above Cannon Street station in the City of London.The new Foggo Associates-designed scheme will replace the exist ...

Brixton says partnership with Prudential Life has signed two new lettings at Heathrow (UK)

Brixton plc said Heathrow Big Box Industrial and Distribution Fund, its recently formed limited partnership with Prudential Life Assurance Ltd, has signed two new lettings at one of its two holdings n ...

Swiss pension funds boost alternatives (CH)

Swiss pension funds have raised their allocation to alternative assets to 1.8%, Credit Suisse Asset Management says. Alternative assets are now worth almost nine billion francs (5.8 billion euros), CS ...

Bouwfonds first half 2004 results: 70% rise in net profit (NL)

During the first semester of 2004, Bouwfonds’ net profit raised approximately 70% to € 151 million. This positive development was driven by the continuing favourable interest environment for mortg ...

Cofinimmo announces first half 2004 results (BE)

Highlights: equity reinforcement with 2 capital increases: € 159.1 million, Egmont acquisition for € 173.7 million: initial yield of 6.15%, net current result per ordinary share at 30.06.2004: € ...

Gecina ´s first half 2004 results (FR)

Over the first six months of the year, GECINA’s consolidated rental income came to 234.0 million euros compared with 260.5 million euros in H1 2003. This 10.2% reduction reflects moves to ramp up th ...

Deutsche and MTFG move into property (JP)

Deutsche Bank, of Germany, and MTFG, the Japanese lender, have established two separate Japanese real estate funds in a further sign that the country´s property market is recovering after mo ...

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