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Rodamco Europe buys 10th shopping center in Stockholm area

Rodamco Europe in Sweden acquires Tyresö Centrum in Tyresö nearby Stockholm for an amount of SEK 391 million (42 million euro). The expected net initial yield of the shopping center is 7 ...

European commercial property investment market has potential to grow by € 70 billion by the end of 2

The size of the invested commercial property market in Europe has the scope to grow by around € 70 billion to € 1.9 trillion by the end of 2007, according to DTZ´s ...

Kempen Capital Management launches Kempen Real Estate Securities Index Sampling Fund

Kempen Capital Management (KCM), a wholly owned subsidiary of Kempen & Co, is introducing the Kempen Real Estate Securities Index Sampling Fund today. This fund invests in listed European real est ...

Highest building in the world delivered

The final building activities have taken place today in the Taiwanese capital Taipei on the world’s largest building. The skyscraper will open in November. President Chen Shui-bian join ...

Cooperation agreement Hart van Zuid (Hengelo)

The municipality of Hengelo, Heijmans IBC Vastgoedontwikkeling and Van Wijnen Groep have signed the cooperation agreement for the development of Hart van Zuid, a redevelopment area of 50 hectare near ...

Simon Property Group and Westfield America extend tender offer for TCO common shares until August 1,

Simon Property Group, Inc. and Westfield America, Inc., the U.S. subsidiary of Westfield America Trust, today announced that they have extended their $20.00 per share all-cash offer for common shares ...

In spite of strong euro Rodamco Asia’s first quarter net profit up 2.7% at € 7.5 million

Rodamco Asia NV announced today that its net profit for the first three months of financial year 2003/2004 (1 March 2003 â€" 31 May 2003) was € 7.5 million, up 2.7% from the âà ...

Office vacancy falling slowly in Budapest

Office vacancy rates have finally dropped below 20% in Budapest as a result of the very small amount of development completed in the first part of the year. Only 1,100 sq m of offices were completed i ...

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