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Largest acquisition abroad by DB Real Estate for Open-Ended Real Estate Fund

The DB Real Estate Investment GmbH (Eschborn) has purchased the office building Tour Adria in Paris for its open-ended real estate fund grundbesitz-invest at a cost of approximately 380 million Euro f ...

PGGM sold € 400 mln.worth of real estate investments in 2002

Pensionfund PGGM has sold real estate investments for the amount of € 400 mln. in 2002 to diminish the real estate part of the total investmentsportfolio. Real estate seemed to be increas ...

Agreement of Caltagirone and Marchini with Spanish branch of Intesa Bank concerning Metrovacesa

The groups Caltagirone and Marchini have reached an agreement with the Spanish branch of the Intesa Bank, that it will finance the public offer of the acquisitions of the shares (OPA) sent on 100 % of ...

AM (Amstelland MDC) opens sixth shopping centre in Portugal

On 8 April 2003 shopping centre Forum Montijo has been opened with a ceremony for 2,500 guests. Situated in Montijo in the Lissabon region, Forum Montijo shopping centre comprises 57,000 m² of ...

Annexum Invest plans to launch non-listed real estate fund

Annexum Invest will file for permission to launch a non-listed investment fund. The ´Vastgoed Fundament Fonds´ will serve as a vehicle for investments that are less suitable for in ...

Rotterdam lowers plot prices for residential building

In the city of Rotterdam the minium price for plots destined for residential buildings have been lowered by 3% compared to last year. The decrease is seen as a compensation for increased building cost ...

Wereldhave loses courtcase to city of Etten-Leur

Wereldhave lost an appeal in court against the city of Etten-Leur over the development of the city centre. The court in Den Bosch ruled that the city council was entitled to ignore Wereldhave in the t ...

Rodamco Europe opens Polish offices

Rodamco Europe has established local operations in Poland, following the commitment to acquire 50% of Polish shopping centers Galeria Mokotow and Zlote Tarasy. The offices of Rodamco Europe in Warsaw ...

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