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SEB Immoinvest invests in Spain for the first time

SEB Immobilien-Investment GmbH, which manages the SEB ImmoInvest open property fund, has purchased El Mirador shopping centre in the Spanish city of Cuenca for around €35 million. This is the fi ...

Open-ended real estate funds important for Berlin's future development

If open-ended real estate funds, which bundle the joint caiptal of private investors, should invest in Berlin they could play a decisive role in BerlinÂ's future development, according to Deka Immobi ...

Investor appetite for shopping centres reaches fever pitch in the UK

is stable at the current time and both property and retail continue to top investors shopping lists, as a result we expect to see the year end on a busy note.' (source: DTZ International)

Laurus is planning to close its Heerenveen distribution centre

Laurus is planning to close its Heerenveen regional distribution centre (RDC) with effect from spring 2003. Closure of this RDC is part of the programme of commercial and operational improvements (dis ...

Uni-Invest: direct investment result increased by 10.3% over first nine months

The direct investment result over the first three quarters 2002 amounted to EUR 64.2 million, an increase of 10.3% compared to the corresponding period of 2001. This increase was mainly caused by the ...

Towa set for Y230 bln ($1.89 billion) bailout

Troubled Japanese property firm Towa Real Estate Development Co said on Thursday that UFJ Bank and other creditors were positively considering its request for 230 billion yen ($1.89 billion) in financ ...

Trammell Crow posts lower third-quarter net

Trammell Crow Co., a commercial real estate services company, reported slightly lower third-quarter earnings and forecast full-year profit would be at the low end of previous expectations.The company ...

Japan property firms brace for supply glut

Japan´s top real estate firms are likely to hold their outlooks for rising profits steady when they release half-year results this month, but an upcoming glut of Tokyo office-space supply is ...

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