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WestLB business model for 2005 ready for implementation

At its meeting yesterday, the Supervisory Board of WestLB AG reaffirmed its support for the strategic direction agreed on August 6, 2003 for tackling the current issues facing the bank. Based on this ...

Morgan Stanley and Goldman Sachs raise Canary Wharf bid

Morgan Stanley and Goldman Sachs have raised their joint takeover bid for Canary Wharf in an attempt to beat off competition from the Brascan Corporation, it was reported yesterday.The investment bank ...

ING Real Estate sells four office buildings

ING Real Estate Investment Management has sold four office buildings on behalf of the ING Dutch Office Fund to Lansing Finance Corporation, an American investment fund, for the amount of over â†...

Rodamco Europe starts thorough investigation

Rodamco Europe on Tuesday announced it will start a thorough investigation into the conduct of financial director Ronald Dorjee regarding his private financial situation. Subject of the investigation, ...

Rodamco Europe and Bail Investissement swap properties in retail and industrial

Rodamco Europe acquires € 19 million retail properties from Bail Investissement and sells its € 46 million industrial portfolio in France to the French listed property compan ...

Brascan threatens to block Canary Wharf takeover

Brascan, the Canadian property and resources group, will use its 9 pct stake to block any rival bid for Canary Wharf PLC that it believes undervalues the Docklands development company, The Sunday Tele ...

Deka to put £240m Lloyds building up for sale

The German open-ended fund, Deka, is reportedly looking to sell the famous headquarters of Lloyds of London for around £240m. Deka bought the 375,000 sq ft building, at 1 Lime Street, EC3, for ...

AM Vastgoed develops Head Offices for Fashion Company Sixty Netherlands

Sixty Netherlands BV, the Italian fashion enterprise with top brands including Miss Sixty, Energie, Sixty, Killah, Dake and Murphy & Nye is relocating its head offices to Airport Business Park Lij ...

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