Real Estate Development & Operations

Page 1

Carrefour Property Development announces sale 41.2 pct of its shares

Friday, 19 Dec 2014 11:45am EST

Carrefour Property Development SA:CRFP 13 and CRFP 16, subsidiaries of Carrefour, sold 948,700 and 145,612 shares respectively in Carrefour Property Development on Dec. 19.These shares represent 41.2 pct of the company's capital.Swiss Life REIM and Primonial REIM have acquired 14 pct and 12 percent respectively.10 other investors have acquired shares representing around 2 percent of capital each.

CPI Property Group acquires additional stakes in Hospitality Invest S.a.r.l.

Friday, 19 Dec 2014 11:29am EST

CPI Property Group:Announces acquisition of additional stakes in Hospitality Invest S.a.r.l. (HI).Today acquired 88 pct shares in entities holding remaining 50 pct shares in HI from orco property group.Transaction comprised of transfer of shares as well as of intercompany loans at current fair value (NAV).Overall transaction price amounts to 13.3 million euros.Directly and indirectly holds 94 pct of HI as of today.

CPI Property Group acquires additional stakes in Hospitality Invest S.a.r.l. from Orco Property Group

Friday, 19 Dec 2014 11:29am EST

CPI Property Group:Announces acquisition of additional stakes in Hospitality Invest S.a.r.l. (HI).Today acquired 88 pct shares in entities holding remaining 50 pct shares in HI from Orco Property Group.Transaction comprised of transfer of shares as well as of intercompany loans at current fair value (NAV).Overall transaction price amounts to 13.3 million euros.Directly and indirectly holds 94 pct of HI as of today.

New Europe Property Investments Plc concludes agreement to acquire Aupark Kosice Mall and Aupark Kosice Tower

Friday, 19 Dec 2014 10:45am EST

New Europe Property Investments Plc:Says through its subsidiary NE Property Cooperatief UA, concluded an agreement to acquire all the issued shares in, and shareholders' claims against, AUPARK Kosice spol. s.r.o., AUPARK Kosice SC s.r.o., AUPARK Tower Kosice, s.r.o. and INLOGIS VI s.r.o. from HB REAVIS GROUP B.V.Aggregate purchase price for the transaction is 165 mln euros.

Company under formation Jensen & Moeller Holding to carry out compulsory redemption of shares in Jensen og Moeller Invest A/S

Friday, 19 Dec 2014 07:19am EST

Jensen og Moeller Invest A/S:Erik Olesens Ejendomsselskab and two other shareholders contribute their holdings in the company to a company under formation, Jensen & Moeller Holding A/S.Jensen & Moeller Holding holds thereafter 91.48 pct of shares in the company.Jensen & Moeller Holding to demand mandatory redemption of remaining shares in company at the earliest in Jan. 2015.Says redemption price of 5,600 Danish crowns represents a premium of 17.2 pct in comparison to 4,777 crowns, book value of shares in Jensen & Moeller Invest A/S according to report for Q3 2014.

Fitch revises Gruppa LSR outlook to negative, affirms credit ratings at 'B'

Friday, 19 Dec 2014 04:35am EST

Gruppa LSR OAO:Fitch Ratings has revised the Outlook on Gruppa LSR long-term foreign currency Issuer Default Rating (IDR) to negative from stable and affirmed the IDR at 'B.Negative outlook reflects the significantly reduced visibility on the Russian real estate market direction in 2015 driven by sharp interest rate increase since mid-December.

YOKO TOSHIKAIHATSU announces change of president

Friday, 19 Dec 2014 01:00am EST

YOKO TOSHIKAIHATSU CO:Appoints Tatsuyoshi Kosaka as new president to replace Shinobu Tanaka, effective Jan. 1, 2015.

Greentown China Holdings Ltd announces termination of the conditional sale of shares

Friday, 19 Dec 2014 12:00am EST

Greentown China Holdings Ltd:As stated in the Announcements, the Vendors and Sunac Subsidiary, entered into the agreement on May 22, 2014 in relation to the conditional sale and purchase of 524,851,793 Shares.The Target Shares in aggregate represent 24.288 pct. of the issued share capital of the company as of the date of this announcement.As of the date of this announcement, completion of the sale and purchase of the Share Sale pursuant to the Agreement has not yet been taken place.The Board was informed by Song and Shou that, on Dec. 18, 2014, the parties to the Agreement entered into the Termination Agreement in relation to the termination of the Agreement and the Share Sale contemplated thereunder and the repayment of the Net Consideration.

Sunac China Holdings Ltd announces termination of transaction in respect of acquisition of shares in Greentown China Holdings Limited

Friday, 19 Dec 2014 12:00am EST

Sunac China Holdings Ltd:Says that, in view of the considerable differences between Lead Sunny Investments Limited and the Delta House, Wisearn and Profitwise on the Greentown China Holdings Limited's business philosophy.Says on Dec. 18, 2014, Lead Sunny Investments Limited, the company, Delta House, Wisearn and Profitwise and the Delta House, Wisearn and Profitwise Guarantors entered into the Termination Agreement.Says pursuant to which the parties have mutually agreed to terminate the Sale and Purchase Agreement and all obligations and duties of the parties thereunder.The Delta House, Wisearn and Profitwise shall repay the entire Net Consideration together with interests accrued thereon to Lead Sunny Investments Limited on or before 12:00 noon on Feb. 12, 2015.

Markets

  • Sectors
  • U.S.
  • Europe
  • Asia

Sector Summary

Analyst Research

Report Title Price
Provider: VRS (Valuation & Research Specialists)
$75.00
Provider: Edison Investment Research
$10.00
Provider: Swiss Capital
$150.00
Provider: Edison Investment Research
$10.00
Provider: VRS (Valuation & Research Specialists)
$75.00

NYSE and AMEX quotes delayed by at least 20 minutes. NASDAQ delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.