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Canary Wharf plans legal action against Reichmann over Wood Wharf

Canary Wharf Group plc is planning legal action against its famous founder, Paul Reichmann, following his decision to bid against the Docklands property group in a competition for a £ 2 billion devel ...

Deka in talks over Paradise Street funding

The German fund manager, Deka, is reportedly in talks with Grosvenor over funding part of its £750m Paradise Street scheme in Liverpool. Paradise Street will be located on a 42-acre site in Liverpool ...

Nordea's real estate divestment process completed

Nordea has completed its real estate divestment process by the sale of central business district properties in Finland, Norway and Sweden. A gain of approximately € 300m will be reflected in the sec ...

IVG takes over 50.1% in Oppenheim Immobilien

IVG takes over 50.1% in Oppenheim Immobilien-Kapitalanlagegesellschaft mbH (OIK), the market leader on the growth market for special real estate funds. With the purchase of the majority in OIK, IVG be ...

Hochtief sells its Ballast Nedam share to TCN Property Projects and wedge international Holdings

The Board of Management has been informed, that the German construction group Hochtief has reached agreement in principle to sell its 48% share in Ballast Nedam NV to TCN Property Projects BV and Wedg ...

Scottish Widows to fund

Scottish Widows Investment Partnership has agreed to forward fund P&O Developments £200m Drake Circus shopping centre in Plymouth. The redeveloped Drake Circus will comprise 654,450 sq ft of reta ...

Ashtenne preliminary results for 2003 and further disposal

Ashtenne Holdings plc announces preliminary results for the year ended 31 December 2003 with a record profit before tax of £31.4 million up 62% (2002: £19.4 million). It also annouces that it has so ...

Haslemere in discussion regarding possible sale of their holdings to GE Real Estate

Haslemere NV confirms that its main shareholders representing 98% of the shares outstanding are currently in discussion with GE Real Estate regarding a possible sale of their holdings in Haslemere NV ...

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