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IVG Immobilien: Takeover rumours

According to an article in German magazine Wirtschaftswoche (www.wiwo.de), Mr Dieter Vogel (recently appointed Chairman of the Supervisory Board of WCM) expects Austrian property company Immofinanz to ...

ING RE sells offices for a quarter of a billion Euro

ING Real Estate Development has sold offices in Paris and Budapest for approx. a quarter of a billion Euro. It concerns two new office buildings in the M7-project at the Rive Gauche (Paris) and the ne ...

Take-over FGH Bank by Rabobank finalised

Today the shares in FGH Bank of HYPO Real Estate Bank AG have been transferred to Rabobank Groep. This take-over was already announced in July; on the 22nd of that month both parties signed the letter ...

Bakkenist & Emmens to start largest retailfund

Bakkenist & Emmens (B&E) has started looking for investors for “Het Vastgoed Winkelfonds” (The Real Estate Retailfund). For this fund 1115 shares are available at a p ...

Liberty victory in FTSE weighting dispute

FTSE International, the company that determines the weighting of the stock index, yesterday reversed its decision to downgrade the investability weighting of Liberty International, in an unexpected vi ...

Deutsche Bank weighs up Laurel disposal

Deutsche Bank is reportedly considering the sale of the Laurel Pub Company, which earlier this month was unsuccessful in its bid to acquire Scottish & Newcastle’s £2.5bn pub ...

Lehman in $630m Tornet bid

Lehman Brothers Real Estate Partners and the investment group Ratos yesterday launched a SKr4.9bn ($630m) cash bid for Tornet, the listed Swedish property company, in what is potentially the country&a ...

Amsterdam is fifth Business City in Europe

The position of Amsterdam as European Business City is threatened. This can be concluded from the European Cities Monitor 2003 by real estate advisor Cushman & Wakefield. For the monitor 501 Europ ...

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