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LandSec to sell

Land Securities has agreed to sell a portfolio of seven industrial estates to Legal & General for around £87m, it was reported today. The purchase will be made by L&G’s Industrial Property ...

CWHB wins massive Procter & Gamble contract

Procter & Gamble has appointed Cushman & Wakefield Healey & Baker to advise on the management of its 32m sq ft property portfolio in Europe, the Middle East and Africa. P&G, the larges ...

LandSec to sell

Land Securities has agreed to sell a portfolio of seven industrial estates to Legal & General for around £87m, it was reported today. The purchase will be made by L&G’s Industrial Property ...

Jones Lang LaSalle exceeds 2003 guidance with net income of $36.1 million, $1.12 per share

Jones Lang LaSalle Incorporated today reported net income of $36.1 million, or $1.12 per diluted share, for the fiscal year ended December 31, 2003. These results compare favorably to management guida ...

VastNed reacts on publications regarding lease figures (NL)

Recent publications focusing on VastNed Offices/Industrial have in various ways painted a picture that the board of management contests.In the 2003 financial year, approximately 19 per cent of the lea ...

API announces

Aberdeen Property Investors has announced plans to make over £700m worth of acquisitions this year. API, which is in the process of being taken over by Arlington Securities, predicts returns of 7%-8% ...

Brascan makes

Canadian group Brascan has tabled a 270 pence per share cash offer for Canary Wharf plc, valuing the Docklands development company at about £1.58bn.Brascan, which is one of the biggest landlords in M ...

Invesco buys stake in HVB real estate arm

Invesco Real Estate has bought around a 75% stake in the € 3.5 billion institutional real estate investment arm of Germany’s Hypovereinsbank (HVB) in a deal believed to be worth between € 30-50 ...

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