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TAG Immobilien AG has announced its preliminary, unaudited results for the 2011 fiscal year. TAG concluded the past business year and well exceeded its forecast earnings before taxes (EBT) of 50 to 60 million Euros. In fiscal 2011, the...
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Pieter Hendrikse, CEO of CBRE Global Investors EMEA, has been elected Chairman of the Green Rating Alliance for the year 2012, succeeding Pierre Vaquier, CEO of AXA Real Estate. The Executive Board to lead this non-profit organisation...
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CBRE’s Real Estate Finance team has been appointed by Teesside Pension Fund (the ‘Fund’) as Strategic Property Investment Advisor and Property Manager over its direct property investments with immediate effect following a...
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UGL Limited is very pleased to announce the appointment of Robert E. Denham to its Board as a non-executive director. Mr Denham has more than thirty years’ experience as a lawyer advising clients on strategic and financial issues. Mr...
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The Goodman Group gave a positive full-year outlook, although profit dropped 11.5% for the first half of the company’s fiscal 2012 (six months to 31 December). Profit attributable to security holders came in at AU$200 million, the...
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Prologis, Inc. announced that William E. Sullivan, chief financial officer (CFO) of Prologis, will retire from Prologis effective upon the filing of the company's first-quarter 2012 10-Q, expected to be on or about May 4, 2012. As...
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CBRE Group, Inc. reported financial results for the year and fourth quarter ended December 31, 2011. Revenue for the full-year 2011 increased 15% to $5.9 billion, compared with $5.1 billion for 2010. Excluding selected charges, net...
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The Nomination Committee of listed Swedish property company Kungsleden AB is proposing that the Annual General Meeting (AGM) 2012 re-elects current Board members Håkan Bryngelson, Joachim Gahm, Lars Holmgren, Kia Orback Pettersson,...
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Pramerica Real Estate Investors’ European funds completed €1.8 billion of transactions during 2011, the company announced today, comprising approximately €1.3 billion of acquisitions or commitments to acquire and €0.5 billion of...
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Mats Andersson has been appointed managing director of Catella’s subsidiary, Catella Fondförvaltning AB, as from 19 March 2012. Mats Andersson was most recently managing director of Ålandsbanken in Sweden.
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NAI apollo group publishes 2011 market report for logistics real estate in the Rhine-Main region
With a turnover of 582,350 sq m of warehouse and logistics space, 2011 was the year with the most lease deals in the Rhine Main area* in...
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GlaxoSmithKline has selected Jones Lang LaSalle as its single global real estate provider. Jones Lang LaSalle has been providing global real estate services to GSK for over 10 years, alongside other service providers. The company will be...
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CBRE today announced the appointment of Michael Atwell as Head of Capital Markets for Central and Eastern Europe (CEE). In his new role, Michael will continue the recent successes...
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The Supervisory Board of Royal BAM Group points out that Mr J.A. Dekker and Mr W.K. Wiechers will be stepping down as members of the Supervisory Board after the Annual General Meeting of Shareholders on 25 April 2012. Neither Mr Dekker...
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Macquarie Group, one of Australia’s largest investment banks, has joined the bidding process for Deutsche Bank’s RREEF real estate unit, people close to the matter said. Also Ameriprise Financial, JP Morgan and State Street have been...
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Wereldhave N.V. will fully concentrate on shopping centres in Western Europe (the Netherlands, Belgium, Finland and the United Kingdom) and offices in Paris and Madrid. This strategic choice implies that Wereldhave will sell its...
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