Harm Meijer

Land Securities Profit Climbs as Property Vacancies Drop

Land Securities Group Plc, the U.K.’s largest real estate investment trust, said full-year profit increased as the company secured tenants for empty properties. The shares rose the most in 16 months.

CapCo Jumps on Speculation About Earls Court Sale: London Mover

Capital & Counties Properties Plc climbed to a record after JPMorgan Chase & Co. said the builder planning 7,500 homes at London’s Earls Court may sell part of the site and use some of the proceeds for a one-time dividend.

Gagfah Shares Decline After Apartment Owner Cuts Quarterly Dividend By 50%

Gagfah SA , Germany’s largest publicly traded property company, fell the most in about 15 months in Frankfurt trading after cutting its dividend by 50 percent.

Land Securities Leads Property Stocks Higher With Biggest Rise Since 2009

Land Securities Group Plc , the U.K.’s largest real estate investment trust, led property stocks higher with the biggest increase in 21 months after the company’s annual profit beat analysts’ expectations.

Land Securities, Canary Wharf to Build `Walkie-Talkie' in City of London

Land Securities Group Plc and Canary Wharf Group Plc formed a venture to build the “ Walkie-Talkie ” tower in London, taking advantage of a shortage of top-quality office space in the city’s main financial district.

Land Securities to Start First Mall Outside London Since Financial Crisis

Land Securities Group Plc , the U.K.’s largest real estate investment trust, said it will start work on a mall in northern England that’s the first large retail development outside London since the financial crisis began.

IVG Falls Most Ever on Restructuring: Frankfurt Mover

IVG Immobilien AG, the German real estate investment company that hasn’t paid a dividend for five years, had its biggest-ever decline in Frankfurt trading after saying it needs to restructure its finances.

European Bank Property Woes Grow With Maturing Loans: Mor

European landlords have 582.7 billion euros ($779 billion) of commercial property debt maturing by the end of 2013 at the same time regulators are urging banks to shrink their balance sheets.

Westfield Joins Hammerson in $1.6 Billion Croydon Project

Hammerson Plc and Westfield Group formed a venture to rebuild part of the English town of Croydon in south London in a project valued at about 1 billion pounds ($1.6 billion), ending a tussle over the development.

Asia Funds Buy London Offices in Bet Volatility Is Past

Asian investors are the biggest buyers of office property in the City of London this year, wagering that the financial district’s volatile market has changed since it routed Japanese buyers in the 1990s.

"We interpret the statement to mean that IVG will be seeking to restructure its entire liability and equity capital."

- Harm Meijer on Mar 27, 2013

London

Europe

Germany

North Korea Test Fires Four Missiles Off Coast Over Weekend

King Says U.K. Fiscal Policy Debate Has Become ‘Overblown’

White House Warns Against IRS ‘Fishing Expedition’

Powerball Ticket Winning Record $590.5 Million Sold in Florida

N. Korea Test-Fires 3 Missiles as U.S. Sees More Isolation