Blackrock International Land PLC has announced that it has entered into a 50:50 joint venture to acquire a newly constructed high specification office building in Brussels for a total outlay, including all associated costs, of €41.7m.

New-look fruit distribution company Fyffes has announced before-tax profits of €22.3m for 2006.

Blackrock International Land plc is pleased to announce that it has agreed a short-term lease of its recently-acquired investment property in Santry, Dublin at an annual rent of €650,000, equivalent to a net initial yield of 6.7%.

A flurry of activity among some of the ISEQ's biggest earners failed to prop up the overall results by close today as Irish shares closed down by 4.59 points to 9217.71.

Blackrock International Land plc is pleased to announce that it has acquired a portfolio of six office buildings in The Netherlands for €46.5m.

Food distribution company Fyffes has made a before-tax profit of €35.2m for the first six months of the year, down from €74.7m in the same period last year.

Dublin-based property company and Fyffes spin-off Blackrock International Land plc has bought 16,000 square feet of modern office accommodation in Milton Keynes in England for €4.5m.

Blackrock International Land plc has today announced the acquisition of two new properties, with a combined initial consideration of more than €9m.

TRADING in equities on the Irish Stock Exchange in the first half of 2006 was €65.8 billion — up 20% over the same period in 2005.

The ISEQ index of Irish shares has fallen by 86.43 points to 7682.36 today.

Property company Blackrock International Land plc has been admitted to trading on the IEX market of the Irish Stock Exchange and the AIM market of the London Stock Exchange.

THE ISEQ index closed in positive territory as the banking stocks recovered. The Dublin exchange closed 35.88 points stronger at 7856.53.

A circular to Fyffes shareholders setting out details of the proposed demerger of the group’s property undertaking and the subscription for shares in the new property company has been posted today.