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Hammerson results 2003

Hammerson announces its results for the year 2003; profit before taxation £67.1m which is a decrease of 26.2%. However exceptional (losses)/profits £(18.8)m raise the adjusted profit before taxation ...

Trammell Crow teams up with ING Clarion for industrial development

Trammell Crow Co. and ING Clarion will serve as co-investors on an industrial development program that carries a $500-million target price. The initiative will concentrate on creating new bulk warehou ...

Belgium retains its position as one of Europe's best places to locate a distribution centre

Closely behind in second place is France, followed by Germany. Spain is the biggest riser. London’s M25 region is Europe’s most expensive for distribution rents. Central and Eastern Europe, alread ...

GE Capital on verge of

Benchmark, the quoted West End specialist, is expected to announce today that it has accepted a takeover bid of nearly £290m from GE Capital.GE is the favourite to acquire the company, with a bid clo ...

Heitman and Polimeni form retail development program in Poland

Heitman, a multi-national real estate investment management firm, today announced the establishment of a joint venture with Polimeni International (“Polimeni”), a major commercial property develop ...

Hypo Real Estate Bank International provides structured financing to Doughty Hanson for the acquisit

The Scandinavian branch of Hypo Real Estate Bank International has financed the purchase of “Tumba Centrum”, a municipality owned shopping center in Stockholm, by Doughty Hanson. The total financi ...

Haslemere audited results for the year ended 31 December 2003

Haslemere NV reports on a year of transition through business plan phases and ongoing balance sheet re-structuring. Haslemere NV reports a net loss of GBP0.2 (EUR0.3 million) after exceptional interes ...

Brascan to sell Canary buildings to reduce debt

Brascan plans to sell buildings in Canary Wharf to pay back debt if it is successful in its £1.6bn bid for Canary Wharf Group plc, according to documents published yesterday, the Financial Times repo ...

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