Real Estate Development & Operations

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Eurosic holds 89 pct of SIIC de Paris after acquiring stakes from Realia and Societe Fonciere Lyonnaise

Wednesday, 23 Jul 2014 12:01pm EDT

Eurosic SA:Finalises acquisition of stakes of Realia and Societe Fonciere Lyonnaise SA (SFL) in SIIC de Paris.Realia shares acquired at 21.43 euros per shares.SFL shares acquired at 23.88 euros per share.Says it now holds 88.58 pct of SIIC de Paris.Says it has signed agreement to acquire all 1,394,560 shares in SIIC de Paris held by Garber Investments BV, representing 3.24 pct of capital.To acquire Garber Investments' stake at 23.88 euros per share.To file public tender offer for remaining shares in SIIC de Paris, followed by squeeze-out.

Batipart Invest et Financiere OG launches takeover bid for Groupe Promeo SA

Wednesday, 23 Jul 2014 12:01pm EDT

Groupe Promeo SA:Announces public tender offer for its shares and stock warrants launched by Batipart Invest et Financiere OG.Offer price of 33.50 euros per share and 0.50 euro per stock warrant.Offer open for 15 days.

Societe de la Tour Eiffel acquires building in Paris and updates on H1 leasing activity

Wednesday, 23 Jul 2014 11:33am EDT

Societe de la Tour Eiffel SA:Says it signed purchase agreement in May for the 23.3 million euro acquisition of 8,300 square meters building, located in inner Southern rim of Paris.This building has a 12-year lease (of which 10.5 fixed years).Says 5.3 million euro of extensions or new leases were signed in H1 2014.

Altus Group Ltd acquired RealNet Canada Inc

Wednesday, 23 Jul 2014 07:00am EDT

Altus Group Ltd:Says that it has acquired RealNet Canada Inc. (RealNet), privately owned Canadian real estate information services company.

Al Safat Real Estate Co KSCC acquires plot of land in Dubaiya

Wednesday, 23 Jul 2014 05:56am EDT

Al Safat Real Estate Co KSCC:Announces that it has acquired a plot of land measuring 194,250 square meters in Dubaiya, for a total value of 3,750,000 Kuwaiti dinars.

DEAR LIFE CO LTD acquires land for condominium development

Wednesday, 23 Jul 2014 02:00am EDT

DEAR LIFE CO LTD:Completed acquisition of a plot of land in Tokyo, Japan on July 23.Land acquired to be used for development of condominiums.Transaction price not disclosed.

Goldis Bhd announces to acquire IGB Corporation Bhd

Tuesday, 22 Jul 2014 08:00pm EDT

Goldis Bhd:Proposed conditional take-over offer to acquire entire equity interest in IGB Corporation Bhd (IGB Corp) not already owned by company.

YNH Property Bhd announces acquisition of wholly-owned subsidiary YNH Electrical Engineering Sdn Bhd

Tuesday, 22 Jul 2014 08:00pm EDT

YNH Property Bhd:Says it acquired entire issued and paid-up share capital of YNH Electrical Engineering Sdn Bhd(YEESB) for total consideration of 2 Ringgit.Acquisition resulting in YEESB becoming wholly-owned subsidiary of company.Intended principal activity of YEESB is that of electrical engineering contractors and electrical works.

PJ Development Holdings Bhd's susbsidiary proposed acquisition of property

Tuesday, 22 Jul 2014 08:00pm EDT

PJ Development Holdings Bhd:Says Yarra Park City Pty. Ltd, 75 pct susbsidiary proposed acquisition of a freehold land measuring about 2.026 hectares, located on 93-119 Kavanagh Street, Southbank, Victoria 3006, Australia (property).Acquired from Dynasty Falls Pty. Ltd. for a cash consideration of A$145,000,000.

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