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Lend Lease reports first ever loss

Lend Lease, the Australian developer and construction company, yesterday posted a full-year loss, the first in its history, of A$714.8m. The company´s operating profit after tax was up 2% fr ...

Higher half-year profit for Bouwfonds

The first half-year was positive for Bouwfonds. Net income increased by EUR 48 Million to EUR 249 million, while operating expenses increased to EUR 111 million. The increase in income was thus larger ...

Benchmark sells London City properties

Benchmark Group, the specialist central London investment and development company, has further reduced its exposure to the City of London with the sale of its interest in three City properties for alm ...

AM on target with 80% growth in net result

AM NV (Amstelland MDC) reports a sharp improvement in operating income and results in the first half of 2003. Operating income was up 70% at €477.4 million, the operating result doubled t ...

Haslemere Interim report 2003

Haslemere NV reports a net loss of GBP3.8 (EUR5.5) million over the first 6 months of the financial year ending 31 December 2003, compared with a net profit of GBP31.4 (EUR45.3) million over the corre ...

ING Real Estate to introduce three new international funds

ING Real Estate Investment Management will introduce three new closed real estate funds for institutional investors on the European market. The funds will aim at Central Europe, France/Belgium and Sou ...

Direct investment result VastNed Offices/Industrial in line with expectations, VastNed Retail adjust

In the first half year of 2003, VastNed Offices/Industrial’s direct investment result shows a decrease of 7.8% compared tot the first half year of 2002. The direct investment result per ...

ING buys 49% interest in 900 Third Ave.(NY) for $107.7m

Australia´s ING Office Fund makes its first foray into the US market by acquiring a 49% interest--50% voting interest--in 900 Third Ave. Completed in 1984, the property has a total net renta ...

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