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Apollo completes Poland mission

Apollo Real Estate Advisors European arm today revealed its acquisition of a portfolio of shopping centres in Poland for £472m.Apollo, led by Bill Benjamin, purchased the centres in a joint venture w ...

Land Securities gets New Street Square EC4 go ahead (UK)

Land Securities’ planning application for its New Fetter Lane site in EC4 (London) achieved a minded to grant consent from the City Corporation at a meeting on 27 April, 2004. The site, which is bou ...

Deutsche Bank reports first quarter 2004 pre-tax profit of Euro 1.6 billion, up from Euro 234 millio

Deutsche Bank today released its results for the first quarter of 2004. The bank reported income before income tax expense of Euro 1.6 billion for the quarter compared to Euro 234 million in 1Q 2003. ...

Credit Suisse Group expects to report net income of approximately CHF 1.8 billion (Euro 1.2 billion)

In connection with its Annual General Meeting, Credit Suisse Group today announced that it expects to report net income of approximately CHF 1.8 billion (Euro 1.2 billion) for the first quarter of 200 ...

Rodamco Europe opts for French SIIC status

Rodamco Europe qualifies and has opted for the SIIC status in France. The SIIC status in France entails a tax exemption for current income from French real estate and also for capital gains.The SIIC r ...

Klepierre first quarter 2004 revenues up 11%

Klépierre’s revenues for the first quarter of 2004 were €102.3 million, an 11.0% increase over the corresponding prior period that reflected both the vitality of shopping centers in spite of rela ...

Westfield welcomes "A/A-1" rating by Standard & Poor's

Westfield chairman, Mr Frank Lowy, today welcomed the announcement by Standard & Poor’s (S&P) that it would assign an “A/A-1” credit rating to the proposed new Westfield Group. At the sa ...

Management of Kempen & Co and financial investors in negotiations with Dexia on possible sale

The management of Kempen & Co, supported by Friesland Bank, HAL Investments and NPM Capital, intends to purchase all shares in Kempen & Co. The staff of Kempen & Co will be given the oppor ...

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