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Brascan to block Morgan Stanley’s Canary Wharf

The Brascan Corporation, which controls a 9% stake in Canary Wharf, has confirmed that it plans to block Morgan Stanley’s bid for the Docklands developer. Canary Wharf said last week th ...

WestLB looks to sell Odeon stake

The embattled German bank, WestLB, is looking to sell its 43% stake in the Odeon cinema chain. WestLB is looking to offload the majority of investments held within its troubled principal finance group ...

Haslemere; further buy in of debentures

Haslemere N.V. announces that it has bought in for cancellation a further GBP6.0 million of the GBP200 million 6.25% First Mortgage Debenture Bonds 2024 issued in 1999 by its Jersey subsidiary, Haslem ...

Drott sells all its commercial properties in Öresund region for SEK 2.2 billion

The sale is an element in the new strategic direction for Drott’s commercial real estate operations, where the focus is on properties in Stockholm. The portfolio comprises 45 properties ...

JLL third-quarter revenue down 27%

Jones Lang LaSalle yesterday reported a 27% fall in net income for the third quarter of 2003, despite a strong performance from its UK capital markets arm. Net income was down to $7.4m for the three m ...

Eurocommercial Properties N.V. first quarter results 2003/2004

Net income increased by 10% to € 10.9m and earnings per share increased by 6% to € 0.37 compared to the previous corresponding period. Shareholders’ equity inc ...

UK government revives planning tariff proposals

The government has announced that it is to resurrect controversial proposals for a planning gain tariff on new development. Planning Minister, Keith Hill, announced the government’s dec ...

New Beijing Capital Airport – Winning Team for International Competition NACO FOSTER ARUP

It has been announced in Beijing that the joint venture team comprising Dutch airport planners NACO, architects Foster and Partners and engineers ARUP, working with the Beijing Institute of Architectu ...

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