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Rodamco Asia successfully divests Capital Square

Further to its press release dated 1 November, Rodamco Asia N.V. today announced that it has completed the sale of its 30% interest in the shares of Capital Square Pte Ltd, the company that owns Capit ...

Lend Lease appoints new CEO

Lend Lease today announced the appointment of Mr Greg Clarke, former CEO Cable & Wireless Communications plc, as Managing Director and Chief Executive Officer of the Lend Lease Group. The appointm ...

Sacyr is not preparing a merger with Vallehermoso

Spanish construction company Sacyr SA is not preparing to merge with real estate company Vallehermoso SA , said a person close to Sacyr management who declined to be named. Spanish financial daily Exp ...

Industrial Global Solutions launches Mexico real estate investments with $72 mln

Industrial Global Solutions (IGS), a real estate advisory and investment firm in Mexico, launched Mexico Real Estate Investments LP, its first private equity fund.The Fund made a $72 million dollar fi ...

Moody´s is first to develop and publish Real Estate Fund rating criteria

Responding to the property market´s needsIn a recently released report by Moody´s Investors Service, the rating agency is first to develop and publish a methodology for assigning r ...

Insurance and pension fund investments worth 4 percent less

Real estate worth moreAccording to figures from Statistics Netherlands, the total value of investments by insurance companies and pension funds fell by 4 percent in the third quarter of 2002. The fall ...

NMa Suspects 18 road construction companies of cartel agreements in relation to asphalt plants

The Netherlands Competition Authority (NMa) suspects 18 road construction companies of entering into cartel agreements in relation to three asphalt plants in which they participate. NMa has drawn up a ...

Dexia net income down 13.3% for first nine months

Net Income: € 957 millionRevenues, i.e. € 3,904 million, showed a reduction by - 8.0% compared to the same period last year. Excluding extraordinary and nonrecurring revenues, the decrease ...

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