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Reichmann bows out of Canary Wharf bidding

The battle for control of Canary Wharf took a new turn as Paul Reichmann, former chairman of the group and a 9% shareholder, said he was shelving his £1.6bn proposed bid for the Docklands office deve ...

Chelsfield sells Riverside House for

Chelsfield has sold Riverside House, its office scheme on Southwark Bridge Road, London SE1, to a consortium of Israeli investors for around £97m.Riverside House was developed by Chelsfield in 2002 a ...

Rodamco Asia and VastNed Offices/Industrial out of Midkap (NL)

Rodamco Asia and VastNed Offices/Industrial will disappear from the AMX/Midkap-index per March 2 2004. Other listed funds that will disappear from the Midkap are Draka Holding and United Services Grou ...

Project Paleiskwartier (Palace Quarter) in Den Bosch nominated for MIPIM award (NL)

The housing project Armada, part of the Paleiskwartier in Den Bosch, has been nominated for a MIPIM Award in the category Residential Developments. In this category the development of Credo Ontwikkeli ...

Eurocommercial Properties wants to invest in Spain and Belgium

Real Estate fund Eurocommercial Properties is seriously looking for new investments in Spain and Belgium. This was said by the chairman Jeremy Lewis. At this moment the company is not yet active in th ...

Ritblat throws his hat into Canary Wharf ring

British Land’s Chairman and Chief Executive, John Ritblat, is reportedly in detailed talks to provide up to £100m of financing to back Paul Reichmann’s bid for Canary Wharf.Ritblat, until now a s ...

Standard Life cuts Chelsfield stake to 1.9%

Standard Life Investments has sold 4m shares in Chelsfield plc, cutting its stake in the property company to just 1.9%.Standard Life is one of the most vocal opponents of Elliott Bernerd’s £895.5m ...

GE Real Estate gets majority interest in Sophia

GE Real Estate Investment France (GREIF) has obtained approx. 88.84% of the Sophia-capital, meaning 96.78% of the voting rights and almost 66% of the convertible property bonds, through a takeover bid ...

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