Real Estate Development & Operations

Gazit Globe Ltd Acquires Norway's Sektor Through Citycon for EUR 1.47 Billion

Gazit Globe Ltd:Says its subsidiary, Citycon (42.8%), entered into an agreement to purchase all of the shares of Norway's Sektor Gruppen, for consideration amounting to about EUR 1.47 billion.Says consideration will be paid in cash (approximately EUR 541 million) and by the assumption of...

Monday, 25 May 2015

Citycon Oyj to buy Norway's Sektor Gruppen for 1.5 bln euros

Citycon Oyj:Says has agreed to buy Norwegian shopping centre owner Sektor Gruppen for about 1.5 billion euros.Intends to finance the acquisition through a 600 million euro rights issue.Deal is expected to close in July 2015.

Monday, 25 May 2015

Kenedix establishes subsidiary in Singapore

Kenedix Inc:Establishes a wholly owned subsidiary Kenedix Asia Pte. Ltd. in Singapore.

Monday, 25 May 2015

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