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UK’s Brown mulls real estate investment trusts

Chancellor Gordon Brown says he plans to consult on ways to encourage real estate investment trusts. The announcement follows a report from Bank of England committee member Kate Barker who highlighted ...

CSAM sees solid returns from UK real estate

UK commercial property will continue to provide solid returns next year, according to Credit Suisse Asset Management. The company said the sector had already produced strong relative results over thre ...

AM - K. de Ruiter to stand down in 2004 in accordance with rota and Mr. L.C. Brinkman appointed to A

Further to questions raised at the General Meeting of Shareholders on 10 December, the Supervisory Board of AM NV (Amstelland MDC) announces that Mr. K. de Ruiter, Chairman of the Management Board, is ...

Heijmans confirms 2003 profit forecast

Heijmans N.V. (construction, property development and related activities) expects that the net profit over 2003 will come out at the previously forecast level of approximately € 75 millio ...

Listing Wereldhave shares at Euronext Paris

As from December 10 2003 the 19.691.735 ordinary shares in issue of Wereldhave N.V. are also listed at the stock exchange of Euronext Paris (Premier marché). The listing at Euronext Amsterdam ...

C&R mulls move into UK REITs

Capital & Regional has said that it is considering placing almost £3bn of property into new tax-transparent investment vehicles similar to the US REITs. Chief Executive, Martin Barber, said ...

Morgan Stanley to get £7.8m if bid for Canary Wharf cancelled

Canary Wharf Group PLC has agreed to pay 7.8 mln stg to Morgan Stanley if the investment bank decides not to proceed with an agreed takeover of the London Docklands property company or if investors vo ...

Disposal of North Galaxy SA to Cofinimmo

Cofinimmo SA has signed today, 8 December 2003, an agreement with Atenor Group SA, Compagnie De Promotion SA and Dexia Bank Belgium SA regarding the acquisition of 25% of the shares, with successive o ...

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