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British Land buys out joint venture partner for £163m

British Land has bought out the remaining share in BL Universal, its joint venture with the retailer GUS, for £163m. The 50:50 joint venture was set up in February 1997, when British Land bough ...

Largest bank of Europe to take over realtor Atis Real

According to the German Immobilien Zeitung rumor has it that the French bank BNP Paribas is in advanced negotiations with the French-German realtor-chain Atis Real for a take-over.The French Atis Real ...

KFN wants to double Dutch portfolio

The non-listed office fund KFN wants to double its Dutch portfolio in the coming years from the present € 1.2 bln. to € 2 â€" 2.5 bln. Next to that, KFN sees chances ...

Hammerson - Sale of Three London Office Buildings for £122 million

Hammerson plc has exchanged conditional contracts for the sale of three office properties in central London, 21 Moorfields, EC2, Grant Thornton House and 40 Melton Street, Euston Square, NW1, to a sub ...

Brascan wins support from 6.8% of Canary Wharf shareholders

Brascan Corporation said the CWG Acquisition Ltd consortium has received a letter of support from Franklin Mutual Advisors LLC, which is the discretionary fund manager for clients who presently hold 3 ...

Grontmij: extensive restructuring and sale of interest in Q-Park

Restructuring provision charged to 2003: EUR 13.5 million Sale of interest in Q-Park: sale proceeds EUR 27 million; profit EUR 6 million 2003 full-year profit projection in line with forecast given ...

Development agreement for partial project Vivaldi on Zuidas (Amsterdam)

The municipality of Amsterdam has signed an agreement for the further development of the so-called mid-area Vivaldi (previously know as Drentepark) with the four owners. The program for this partial p ...

Regus exits Chapter 11 and launches £55m rights issue

Regus PLC, the world´s largest provider of serviced offices, yesterday confirmed its exit from Chapter 11 and the launch of a 55 mln stg rights issue to be made by Regus Group PLC.Chief exec ...

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