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ZURICH-After an exchange offer, retail company Jelmoli Holding will have a 47% interest in peer real estate firm Swiss Prime Site.
PARIS-The Spain-based firm will remain a shareholder in the second-largest French REIT, with a 26.9% stake, and recently appointed five directors.
MOSCOW-Current tenants attempt to minimise costs while new lessees enjoylower rents and flexible contract terms.
COLOGNE, GERMANY-The multi-housing firm is negotiating with creditor banks on extension agreements.
GUERNSEY-Fortress' Eurocastle posts deep Q1 2009 loss, to raise €130 million in 20% perpetuals
Reserve is morphing into reserves for investment.