Commercial real estate

Property Press Releases

  1. Switzerland, 2009-01-23 | Companies

    • Jelmoli Shareholders Approve the Strategic Plan

      Jelmoli Shareholders Approve the Strategic Plan - Creation of two focused, separately listed entities - a Real Estate and an Investment Company - Removal of dual class share structure in the Real Estate Company ("Einheitsaktie") - Reverse premium to Pelham for ceding control in the Real Estate Company - Partial cash exit option for shareholders in the Investment Company - Strategic future of the two independent companies enhanced - Trading in both companies' shares expected to commence in March 2009

      Dr. Jörg Neef for Jelmoli Holding AG

  2. Switzerland, 2009-01-23 | Companies

    • Jelmoli and Tivona Shareholders Settle Outstanding Litigation

      Jelmoli and Tivona Shareholders Settle Outstanding Litigation Jemoli Holding Ltd ("Jelmoli") announces today that it has signed a definitive agreement with the other shareholders in Tivona AG ("Tivona"), whereby Jelmoli will acquire the remaining 55.5% stake in Tivona for CHF 60 million in cash and 80,000 shares. As a result of this agreement, all outstanding claims and counterclaims between the parties will be settled. The transaction is subject to certain closing conditions and is expected to be completed in the first quarter of 2009.

      Dr. Jörg Neef for Jelmoli Holding AG

  3. Nordrhein-Westfalen, 2009-01-22 | People

  4. Bayern, 2009-01-20 | Bank

  5. Switzerland, 2009-01-20 | Companies

  6. Berlin, 2009-01-19 | Companies

  7. Hessen, 2009-01-19 | Running Deal Commercial Property

    • DIC Group sells Commercial Center “Grünhof" in Frankfurt to Bayerische Versicherungskammer

      DIC Group sells Commercial Center “Grünhof" in Frankfurt to Bayerische Versicherungskammer The Frankfurt-based company DIC - Deutsche Immobilien Chancen AG & Co. KGaA has sold the "Grünhof" commercial center in Frankfurt with about 15,000 sq.m office and commercial space to Bayerische Versicherungskammer (for their supplementary insurance for the Bavarian local authorities). The transaction volume is about EUR 47 million. During the transaction, BVK were advised by the brokers Trompetter Immobilien GmbH.

      Thomas Pfaff Kommunikation for DIC - Deutsche Immobilien Chancen

  8. Hessen, 2009-01-15 | Running Deal Commercial Property

    • DIC Asset: Completion of Bienenkorbhaus Building now on the Finishing Stretch

      DIC Asset: Completion of Bienenkorbhaus Building now on the Finishing Stretch DIC Asset AG just completed the restoration and restructuring work on the historic Bienenkorbhaus building on Frankfurt's boulevard Zeil on schedule. Meanwhile, 80 percent of altogether 10,500 sqm in commercial floor space (thereof 3,500 sqm retail and 7,000 sqm office space) have already been let and turned over to the new tenants.

      Thomas Pfaff Kommunikation for DIC Asset AG

  9. P.a.c.a, 2009-01-14 | Property Markets, estate agent

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News, 03.07.09

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