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Westfield Trust increases distribution growth forecast to 4.5% for full year

Westfield Trust today increased its distribution growth forecasts for the full years ended 31 December 2003 and 2004, to 4.5% in 2003 and 4.0% for 2004. This increase in distribution growth is primari ...

WestLB looks to dispose of principal finance unit

The German bank, WestLB, has admitted publicly for the first time that it is considering selling its principal finance unit, the division led by Robin Saunders that has a number of significant propert ...

DB Real Estate buys Alpha Centauri in Diemen

The German investor DB Real Estate Spezial Invest has bought the recently delivered office building Alpha Centauri in Diemen (the Netherlands), on behalf of a special fund managed by them. Bouwfonds P ...

Rodamco Europe divestments strengthen focus on high quality retail properties

Rodamco Europe announces it has realized a number of changes in its Spanish portfolio and pipeline in order to align the portfolio with its strategic focus on top quality retail properties. This week ...

Second half 2003 shows effect of cost-reduction measures at Grontmij

Net operating profit in first half year down 70% Limited growth in turnover from consultancy and engineering services; recovery of turnkey turnover Measures taken to improve results: cost-reduction ...

AM is discussing sale of shopping centre

Projectdeveloper AM and Commerz Investmentgesellschaft are talking about the sale of the to be developed shopping centre Victoria Square in Belfast, as has been confirmed by a source within AM.Accordi ...

Evia disputes acquisition IBI-portfolio by Redevco

Evia Real Estate is instituting legal procedures against Redevco Netherlands and the German IBI Real Estate. Last week IBI Real Estate sold its Dutch portfolio to Redevco Netherlands for â‚ ...

CB Richard Ellis and DTZ win Slough Estates contract

Slough Estates has announced that CB Richard Ellis and DTZ have been appointed as valuers for its £7.2bn UK property portfolio. The assets will be split 60-40 in CBRE´s favour, which ...

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