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Oppenheim set for

The German fund manager, Oppenheim, is poised to make its first foray into the West End market with the £27m acquisition of 111 Strand, WC2.The 40,000 sq ft building was developed by City & West ...

Pension fund Rabobank can't buy suitable real estate

The real estate investments of the Rabobank Pension fund have made a total return on investment of 9.8% over 2003. This was higher than the WM-benchmark of 7.1%. The pension fund is slightly under wei ...

Cofinimmo realises capital increase of EUR 83.3 million for the financing of the Egmont project (BE)

Cofinimmo yesterday announced a capital increase of EUR 83.3 million by public offering of 797,276 new preference shares, with preferential right to the existing shareholders, in the proportion of one ...

British Land full year net asset value climbs on strong retail sector

British Land Co plc posted a 12.5% rise in net asset values for the full year, helped by a strong performance in its retail division. For the 12 months to end March, NAV rose to 966 pence from 859 pen ...

Capital & Regional to develop retail park in Cardiff

Capital & Regional plc said it has been appointed as developer for the retail park to be constructed as part of the new Football Stadium for Cardiff City Football Club. The 32-acre site is being a ...

Two new European funds introduced by ING Real Estate Investment Management

ING Real Estate Investment Management has launched two new funds: ING Property Fund Central Europe and ING Retail Property Partnership Southern Europe.The non-listed ING Property Fund Central Europe i ...

Bo Lerenius joins Land Securities Group PLC

Land Securities Group PLC announces that Bo Lerenius has been appointed to the Board as a non-executive Director with effect from 1 June 2004.As Group Chief Executive of Associated British Ports Holdi ...

Morgan Stanley´s Songbird consortium wins battle for Canary Wharf

Morgan Stanley´s Songbird consortium said it has won the long-running battle for Canary Wharf Group plc after its offer was declared unconditional with 60.9% of shareholders accepting the de ...

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