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ING reaches agreement in principle with Baring Private Equity Partners for management buy out

ING has reached an agreement in principle with Baring Private Equity Partners (BPEP) for a management buy out. BPEP has USD 2 billion of private equity funds under management, including USD 360 millio ...

Rodamco Europe N.V. launches €400,000,000 Revolving Credit Facility

Rodamco Europe has appointed ABN AMRO and Citigroup as mandated lead arrangers for a new €400,000,000 multicurrency revolving credit facility. ABN AMRO and Citigroup act as joint-bookrunn ...

Rodamco Asia’s first half net profit grew 7.5% to Eur 15.8 mln; total performance was Eur 30.4 mln

Rodamco Asia NV (‘RA’ or the ‘Company’) announced today that its net profit for the first half of financial year 2003/ 2004 (1 March 2003 ââ ...

Canary Wharf´s Reichmann faces resignation threat

Paul Reichmann could be forced to resign as executive chairman of Canary Wharf PLC if no bids for the Docklands property company emerge, The Sunday Telegraph reported citing senior members of the boar ...

Good results for Nieuwe Steen over first 9 months

Nieuwe Steen Investments booked good results over the first three quarters of 2003. Direct investment result per share increased 2% to EUR 1.02 (2002: EUR 1.00). Direct investment result increased wit ...

Swedes´ rejection of the Euro will cost Rodamco Europe 7 million

Swedes´ decisive rejection of the euro single currency will cost Rodamco Europe 5 to 7 million. Despite this, Rodamco Europe will continue to expand in Sweden. Financing Swedish shopping ce ...

Aareal Bank finances logistics centres in compliance with Islamic Sharia law

Aareal Bank has financed the acquisition of four British logistics centres for one of the property funds managed by Kuwait Finance House, one of the largest Islamic banks. The overall volume of the pa ...

Property sector lifted by Deutsche bank

Shares in British Land, Hammerson and Slough Estates could get a lift in opening deals after Deutsche bank lifted its ratings on the trio to ´buy´ from ´hold´ a ...

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