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Sophia reviews SFL’s proposal and receives new proposal from GE Real Estate

On November 3rd the Board of Directors of Sophia convened at Sophia’s Head Office to discuss the received public tender offer proposal by SFL. After having discussed this proposal and v ...

Goldman Sachs pulls out of bidding for Canary Wharf

Goldman Sachs Whitehall property fund has pulled out of the consortium that is in exclusive negotiations to buy Canary Wharf for £1.5 billion ($2.5 billion).The decision of one of the lead inve ...

JLL-backed fund to buy £85.5m Leeds Bridgewater Place scheme

The Bridgewater Limited Partnership, a new fund for private investors backed by Jones Lang LaSalle and Partnerships Incorporated Ltd, is set to buy what will become the tallest office building in Leed ...

5th Avenue New York remains most expensive retaillocation

5th Avenue in New York is still the most expensive shoppingstreet in the world, followed by the Champs Elysees (Paris) and Causeway Bay (Hongkong). The locations Preciados in Madrid and Na Prikope/Wen ...

IVG Immobilien AG receives Anti-trust approval for takeover of Polar

Following the granting of approval by the German, European and Finnish anti-trust authorities, IVG Immobilien AG exercised its right to acquire 71.42% of the Polar Real Estate Corporation on 31 Octobe ...

Rodamco Europe net profits up 11% to € 232 million in first nine months 2003

Highlights first nine months 2003: Net profits up 11% to € 232 million (3Q2002: € 209 million); EPS of € 2.59 (3Q2002: € 2.60 / € 2.57) ...

Morgan Stanley to make Canary Wharf bid this week

A formal bid for Canary Wharf Group PLC by a consortium led by US investment bank Morgan Stanley could emerge by the end of this week, according to sources close to the negotiations. Yesterday, the in ...

Redevco sells German department stores to HFS

Redevco Germany has sold a portfolio with 10 C&A department stores in Germany for approx. € 80.3 mln. to H.F.S. Hypo-Fondsbeteiligung fur Sachwerte GmbH, a 100% subsidiary of Hypovere ...

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