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DEGI to buy two City buildings for

The German fund, DEGI, is reportedly set to buy two buildings in the City of London for a total of £170m. British Land’s 50/50 joint venture with WestLB is selling the two buildings

Heijmans: dividend proposal and extraordinary expense for NMa fines

Based on the NMa decisions of 19 December 2003, Heijmans N.V. (construction, property development and related activities) will charge an extraordinary expense of EUR 15 million against the 2003 result ...

Rodamco Europe - Investments and Divestments in Netherlands, France and Spain

Rodamco Europe announces it has realized a number of changes in its European portfolio in order to further align the portfolio with its strategic focus on top quality retail properties.Netherlands Agr ...

Three big Dutch funds post double-digit returns

Three top Dutch pension funds, ABP, PGGM and PME, have released double-digit returns for 2003

Reichmann steps down from Canary Wharf board

Canary Wharf has announced that its founder and former Executive Chairman, Paul Reichmann, has agreed to step down from the board as long as the company is in the midst of a takeover battle. Reichmann ...

Demand for commercial property at two-year high (UK)

Demand for commercial property has hit its highest level in two years, according to new figures from the CBI and GVA Grimley. The report claimed that businesses are looking to increase their property ...

Stephan Bub to join Executive Board of Hypo Real Estate Bank International, Dublin

Stephan Bub (45), is set to become a member of the Executive Board of Hypo Real Estate Bank International, Dublin, subject to approval by the Irish regulatory authorities. He will be in charge of the ...

Binding funding arrangements between Clesfield and CGI in respect of White City, London (UK)

Chelsfield announces that it has entered into binding agreements with Commerz Grundbesitz Investmentgesellschaft (CGI) in relation to the construction and funding of the White City development at Shep ...

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