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Urbis expects to increase its profits by 12 per cent in 2004 (ES)

Urbis real estate company, with the holding of ACS and Banesto, obtained in 2003 a 91,56 million euro net profit. It expects to grow over 102,5 million euros in 2004: it means more than 12 per cent.At ...

Rodamco Europe: New CFO appointed

Rodamco Europe (RE) announced to have found a new CFO in the person of Mr John de Die. He is to replace Mr Dorjee who left the company in September 2003. Mr de Die has build up expertise in financial ...

VastNed Retail: sale of German portfolio

VastNed Retail has signed a letter of intent regarding the sale of the German portfolio at a price of EUR 203.25 million. The potential buyer has commenced a due diligence investigation.Today VastNed ...

AM opens first shopping centre in Czech Republic

The shopping centre Olympia Plzen has been opened on Tuesday 23 March with a ceremony for 3,000 guests. This 50-50 joint venture with Ahold Real Estate is AM’s first shopping centre to open its door ...

European Cross-Border Investment 2003

During 2003, property investment activity across Europe once again defied weak occupational markets in the office sector, with international investors remaining particularly active.Whilst the European ...

Canary Wharf Group result of Extraordinary General Meeting (UK)

Following a poll conducted at the Extraordinary General Meeting of Canary Wharf Group plc held on 22 March 2004, the resolution to approve the proposed investment by Canary Investments S.a.r.l. in CWG ...

Municipality of Haarlem, AM Wonen and Amvest sign letter of intent for the development of Spaarne Ce

The municipality of Haarlem, AM Wonen and Amvest have signed a letter of intent for the development of the Spaarne Centrum district. The location is adjacent to Haarlem town centre, between the Papent ...

MeesPierson to invest € 2 bln. in real estate (NL)

Fortis subsidiary MeesPierson wants to invest approx. € 2 bln. in real estate in the coming years. Real estate will form a significant part of the new strategy. Therefore MeesPierson will expand its ...

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