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Reverse take-over TCN by Ballast Nedam (NL)

According to insiders of the Dow Jones News Service, the Dutch project developer Ballast Nedam is about to make a take-over bid for TCN Property Projects. “The most likely scenario is that Ballast N ...

Minerva says has received number of approaches (UK)

Minerva plc, the FTSE 250 property developer, said that, further to the announcement made on 12 July, it has received a number of approaches which the board will be evaluating with its advisers, Lehma ...

AXA Belgium brings in property in Leasinvest Real Estate (BE)

AXA Belgium and real estate ‘bevak’ Leasinvest Real Estate (Leasinvest RE) have come to a framework agreement to support the growth of the real estate portfolio of Leasinvest Real Estate. AXA Belg ...

Highcross and Lehman Brothers sell

Highcross Group’s joint venture with Lehman Brothers has sold the Broadwalk Shopping Centre in Bristol to one of HSBC’s shopping centre funds for a total of £22m.HSBC Shopping Centre Fund III bou ...

Enel sells € 1.4 billion Italian real estate portfolio

Italy´s state-owned energy company Enel sold 887 properties worth € 1.4 billion to a consortium of CDC IXIS and a third-party opportunity fund managed by DB Real Estate. Deutsche Bank acted as sole ...

Highcross and Lehman Brothers sell

Highcross Group’s joint venture with Lehman Brothers has sold the Broadwalk Shopping Centre in Bristol to one of HSBC’s shopping centre funds for a total of £22m.HSBC Shopping Centre Fund III bou ...

Allianz Immobilien to reinforce investments in Europe

Allianz Immobilien GmbH has presented its report of the fiscal year 2003. It revealed a current value of € 18.3 billion in the home and foreign real estate market, with 20,500 residences, 3,900 reta ...

Fonciere Lyonnaise removed from EPRA/NAREIT Global Real Estate Index

Following the announcement that Inmobiliaria Colonial (Spain) currently holds 95.1% of Fonciere Lyonnaise (France), Fonciere Lyonnaise will be removed from the EPRA/NAREIT Global Real Estate index, ef ...

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