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C€Logix Property Fund increases nav by 12.2%

* Increased total investment return by 310% * € 90 million portfolio expansion in 2002 * Planned increase of fund to € 400 million C€LOGIX Property Fund, the inv ...

HVB returns to operational profit

HVB Group has returned to operational profit in the first quarter, buoyed by a decline in administrative costs and cuts in provisions for bad loans. But Germany´s second largest bank still reco ...

Mn Services takes part in Asian real estate fund

In April 2003, Mn Services has signed an agreement with Asia Real Estate Fund Management LTD, a joint venture of Keppel Land International and AMP Henderson Global Investors. This causes Mn Services t ...

Eurocommercial Properties N.V. third quarter results 2002/2003

Eurocommercial Properties N.V. announced its March 2003 nine months results today, showing net income up 13% on the previous corresponding period.Financial Results Net income for the nine months to 31 ...

ARCADIS acquires German project management firm

ARCADIS, the international consulting and engineering company, today announced that it has acquired 75% of the shares of German-based HOMOLA Projectmanagement AG. HOMOLA is a project management firm w ...

Lloyds Bank sell their Madrid headquarters to Oppenheim

The real estate consultant Cushman & Wakefield Healey & Baker has been the consultant for the Lloyds TSB Bank in the sale of their headquarters of Madrid. They sold it to the real estate inves ...

VEB believes Wessels offer of € 21,- per share too low

The Dutch association of shareholders (VEB) thinks the offer made by Dick Wessels of € 21,- per share of Volker Wessels Stevin (VWS) is too low. The offer, made on March 13, should, consi ...

Wereldhave: First quarter profits down by 7% because of exchange rates

Profit after taxes for Wereldhave have dropped from € 28,9 mln in Q1 2002 to € 26,9 mln in the first quarter of this year, a drop of 7%. The average lower exchange rates for ...

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