Brixton plc said it has completed the disposal of £240m worth of property from its Industrious portfolio, with the sale of the remaining portfolio, worth £9m, expected to be completed shortly. More »

The authorities of the south western city of Wroc³aw have reached an agreement with the state-owned industrial service provider Dozamel and a local technology park operator, WPT, to set up a project called Wroc³aw Industrial Park. More »

Global private equity firm The Carlyle Group announced a reorganization and significant expansion of its pan-Asian investment activities, demonstrating the firm’s commitment to and confidence in the region. In the next three months, Carlyle will open offices in Beijing, China, Mumbai, India and Sydney Australia. More »

Internationally-acclaimed architecture and urban planning firm The Jerde Partnership announced it is working with city officials, ING Real Estate and local business owners and residents to develop a new master plan for the redevelopment of Amsterdamse Poort in Amsterdam’s Centrumgebied Zuidoost district. More »

The SEB ImmoInvest and SEB ImmoPortfolio Target Return Fund open-ended real estate funds were named best funds in their class at the "S & P Fund Awards 2005". The annual winners are chosen on the basis of continuity of performance over different periods. More »

Today, VastNed Offices/Industrial and VastNed Retail publish the 2004 annual reports. Furthermore the proposal is made, in line with VastNed Offices/Industrial’s as well as VastNed Retail dividend policies, to pay out the entire direct investment results as dividend. More »

AGF and AZUR GMF have concluded agreements with Metrovacesa for the immediate sale of 30% of GECINA’s capital to Metrovacesa at a price of 89,75 euros per share (cum-dividend), to be paid on December 30, 2005. More »

The Hypo Real Estate Group has met all of its targets in financial 2004. The international financier of commercial real estate boosted consolidated net income before taxes by 42% from EUR 156 million in the previous year to EUR 221 million. More »

Scottish-based, Halladale Group Plc and Citigroup Property Investors, the real estate investment arm of Citigroup Inc, announces that its UK property fund - CPI Retail Active Management Programme (CReAM) has acquired the Grays Shopping Centre (Grays), Essex, for £32.1 million, reflecting a net initial yield of 6.5 per cent. More »

Aareal Property Services has sold its office development 61 Rue de Monceau in central Paris to Bankhaus Wölbern. The redevelopment of the listed building designed in 1877 by architect Denis Destors for Parisian bankers Abraham and Nissim Camondo was completed in 2004. More »