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Benchmark sells London City properties

Benchmark Group, the specialist central London investment and development company, has further reduced its exposure to the City of London with the sale of its interest in three City properties for alm ...

AM on target with 80% growth in net result

AM NV (Amstelland MDC) reports a sharp improvement in operating income and results in the first half of 2003. Operating income was up 70% at €477.4 million, the operating result doubled t ...

Haslemere Interim report 2003

Haslemere NV reports a net loss of GBP3.8 (EUR5.5) million over the first 6 months of the financial year ending 31 December 2003, compared with a net profit of GBP31.4 (EUR45.3) million over the corre ...

ING Real Estate to introduce three new international funds

ING Real Estate Investment Management will introduce three new closed real estate funds for institutional investors on the European market. The funds will aim at Central Europe, France/Belgium and Sou ...

Direct investment result VastNed Offices/Industrial in line with expectations, VastNed Retail adjust

In the first half year of 2003, VastNed Offices/Industrial’s direct investment result shows a decrease of 7.8% compared tot the first half year of 2002. The direct investment result per ...

ING buys 49% interest in 900 Third Ave.(NY) for $107.7m

Australia´s ING Office Fund makes its first foray into the US market by acquiring a 49% interest--50% voting interest--in 900 Third Ave. Completed in 1984, the property has a total net renta ...

Goldman Sachs to bid for Canary Wharf

Goldman Sachs Group Inc´s real estate fund has emerged as one of three bidders expected to submit final offers for Canary Wharf Group PLC, the London Docklands property company, at the end o ...

Hammerson sells German Shopping Centre for £71.98 million

Hammerson has sold the Luisencenter shopping centre in Darmstadt, Germany to open-ended fund Difa, for £71.98 million.The German fund will pay Hammerson £67 million on the handover of th ...

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