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Q2 2003 - Prague property market index

The Prague commercial property markets have continued their positive growth, which began during the second half of last year. Demand in every sector remains high and rents are remaining reasonably ste ...

Financial Director Rodamco Europe steps down

Rodamco Europe NV announces financial director Ronald Dorjee will step down with immediate effect. Problems in his private situation threatened to jeopardize his performance as a financial director. T ...

Ashtenne first half pretax profits up 60%

Ashtenne Holdings PLC, which reported a rise in interim pretax profit, said 2003 will be another successful year for the company. In a statement releasing its interim results, chairman James Hambro sa ...

Bouwfonds and ING complete first phase of Waasland Shopping Center (Belgium)

Bouwfonds Ontwikkeling and ING Real Estate have completed the first phase of the renovation and extension (in total 19.000 m²) of the Waasland Shopping Center in Sint-Niklaas in Belgium. After ...

Dexia group take over German subsidiary Dexia HypothekenBank Berlin (DHB).

Dexia Group, which has owned 50.48% of Dexia HypothekenBank Berlin (DHB) since September 1995, has reached an agreement with the Schuppli Group, owner of 49.52% of DHB, in order to take over its stake ...

HVB unit steps up domestic shift

Hypo Real Estate, the mortgage bank that will be spun off by HVB next month, yesterday agreed to buy a €4.6bn ($5.3bn) US property portfolio from its parent as it prepares to convince inv ...

Canary Wharf directors set for £1.8bn bid

Canary Wharf Group´s independent directors are expected on Thursday to recommend a £1.76bn offer from an investment banking-backed group to acquire the company at 300p per share. The ...

Institutional real estate portfolios stable

The volumes of the real estate portfolios of the insurers and pensionfunds have hardly changed over the last two quarters. At the end of the first quarter as well as at the end of the second quarter, ...

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