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 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 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 Co Ltd <8894.T> :Says it completes liquidation of its wholly owned Yamaguchi-based real-estate rental unit, on July 29.
Becker Milk Co Ltd: Company continues to review its strategic alternatives .The Becker Milk Company Limited: 2016 annual financial results.
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 Activos Inmobiliarios SA :Says to merge with Hispania Fides SL, where it currently holds 90 percent.
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 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.