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Real Estate Development & Operations

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Nippon Commercial Development to merge Japan-based unit

Tuesday, 16 Aug 2016 02:36am EDT

Nippon Commercial Development Co Ltd <3252.T>: Says it to merge its wholly owned Japan-based subsidiary that engaged in development, investment and trade of commercial facilities . Says the subsidiary to be dissolved after merger .Says the merger will effective on Oct. 1.

Deutsche Wohnen says names Philip Grosse as CFO from Sept 1

Monday, 8 Aug 2016 09:31am EDT

Deutsche Wohnen Ag : new member appointed to the management board .Says appointed Philip Grosse as an additional member of management board and Chief Financial Officer.

Mitsubishi Estate to merge unit on Sep. 16

Thursday, 4 Aug 2016 02:42am EDT

Mitsubishi Estate Co Ltd <8802.T>: Says it to merge its Tokyo-based subsidiary that engaged in parking business on Sep. 16 .Says the subsidiary to be dissolved after merger.

Harakosan completes liquidation of real-estate rental unit

Monday, 1 Aug 2016 02:24am EDT

Harakosan Co Ltd <8894.T> :Says it completes liquidation of its wholly owned Yamaguchi-based real-estate rental unit, on July 29.

Becker Milk Co says continues to review strategic alternatives

Thursday, 28 Jul 2016 01:55pm EDT

Becker Milk Co Ltd: Company continues to review its strategic alternatives .The Becker Milk Company Limited: 2016 annual financial results.

Investore Property says Countdown Store closures not expected to affect co

Wednesday, 27 Jul 2016 07:22pm EDT

Investore Property Ltd : countdown store closures not expected to affect Investore . Refers to the announcement made to the market on 25 July 2016 by Woolworths limited . Understands none of properties referred to by Woolworths in its release comprise any of 26 Countdown supermarkets owned by Investore .

Hispania to absorb Hispania Fides

Wednesday, 27 Jul 2016 12:48pm EDT

Hispania Activos Inmobiliarios SA :Says to merge with Hispania Fides SL, where it currently holds 90 percent.

Trigon Property Development to merge with wholly owned unit

Thursday, 21 Jul 2016 09:28am EDT

Trigon Property Development AS : Says Trigon Property Development (TPD) and OÜ VN Niidu Kinnisvara (VNK) executed a merger agreement . Says TPD is acquiring company and VNK is company being merged .Says merger is an intra-group merger and in course of latter, volume, content and nature of assets of group will not be altered.

Consolidated Tomoka announces conclusion of strategic review process

Wednesday, 20 Jul 2016 04:20pm EDT

Consolidated-Tomoka Land Co : Co, board intend to continue discussions with some interested parties who have indicated interest in certain of company's assets . Board determined that appropriate course of action at this time was to continue to pursue company's business plan . Intends to complete, by end of 2016, remaining $7.0 million of $10.0 million share repurchase program approved in late 2015 . Will implement a quarterly dividend effective in q3 of 2016 in place of present semi-annual dividend . To monetize all or a portion of its remaining commercial loan portfolio, which totaled approximately $24 million at June 30 . In active negotiations regarding potential transactions involving additional 1,000+ acres of land on west side of interstate 95 .Assuming closing of deals under contract, expects income property portfolio could grow by at least $100 million in next 12 months.

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