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C&R mulls move into UK REITs

Capital & Regional has said that it is considering placing almost £3bn of property into new tax-transparent investment vehicles similar to the US REITs. Chief Executive, Martin Barber, said ...

Morgan Stanley to get £7.8m if bid for Canary Wharf cancelled

Canary Wharf Group PLC has agreed to pay 7.8 mln stg to Morgan Stanley if the investment bank decides not to proceed with an agreed takeover of the London Docklands property company or if investors vo ...

Disposal of North Galaxy SA to Cofinimmo

Cofinimmo SA has signed today, 8 December 2003, an agreement with Atenor Group SA, Compagnie De Promotion SA and Dexia Bank Belgium SA regarding the acquisition of 25% of the shares, with successive o ...

Canary Wharf sells two buildings for £1.1bn

In one of the biggest property deals ever seen in the UK, Canary Wharf has agreed to sell two buildings to Royal Bank of Scotland for £1.1bn. Wholly owned subsidiaries of RBS paid a total of à ...

Crown Estate shows off £500m Regent Street redevelopment

The Crown Estate will this week unveil detailed plans for the £500m redevelopment of the Quadrant, a four-block site surrounding Regent Street, in what could become the largest development ever ...

Benthem Crouwel successful in Munich competition

Architects Benthem Crouwel from Amsterdam has won one of the three awards in the competition for the new Central Station of Munich in Southern Germany.120 architects entered the international competit ...

Hammerson exchanges contracts for sale of city center, Essen and completes sale of Luisencenter, Dar

Commenting on both transactions, John Richards, Chief Executive, Hammerson plc said: “The completion of these transactions will realise total proceeds of £90.6 million, which will ...

DeAM says it rejigs UK client team

Deutsche Asset Management has rejigged its UK client relationship team after the departure of Simon Peck and Roger Morris. DeAM said its head of client relationship management, Simon Peck, is to leave ...

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