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groothandelsgebouwen NV: Lower profit in 2003

Groothandelsgebouwen NV expects a lower profit over the year 2003 as a result of a decrease in rental income. This decrease is partly caused by vacancy-rate forced by refurbishing activities, partly b ...

Heijmans sells steel construction activities to Rijndijk Staalgroep

Heijmans N.V. (construction, property development and related activities) expects to reach consensus on the acquisition of its steel construction activities by Rijndijk Staalgroep B.V, based in Eindho ...

Catella joins Belgian sistercompany

The Dutch Catella Property Consultants and its Belgian sisterorganisation Catella Codemer are going to join forces in the new organisation Catella Property Group. This will be a new entity which will ...

Fortis suffers loss after € 1.2 bn writedown

Fortis, the Belgo-Dutch financial group, on Tuesday blamed 'persistently weak economic conditions and depressed stock markets' as it reported a fall in first-quarter operating profit. Net operating pr ...

Wall St bank in countersuit over LVMH

The battle between the world´s leading luxury goods group and one of Wall Street´s most powerful investment banks intensified on Monday as Morgan Stanley launched a € ...

Simon Property Group and Westfield America extend tender offer for TCO common shares until june 27

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 ...

Interpolis Vastgoed buys shopping center Entre Deux

The institutional real estate party Interpolis Vastgoed (previously Relan) has signed a principal agreement with developers AM and 3W for the buying of the shopping center Entre Deux in Maastricht. Th ...

Kempen & Co sees new investors for real estate funds

Kempen & Co have noticed that funds such as Rodamco Europe, Corio and Wereldhave have gotten many new shareholders whom until now had never looked at Stock Exchange quoted real estate. The busines ...

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