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Hammerson signs joint venture agreement with AXA for Paris redevelopment

Hammerson plc has signed a joint venture agreement with leading French insurance and financial services group AXA to redevelop adjoining properties at 9 place Vendôme and 368/374 rue Saint Hono ...

Jones Lang LaSalle announces 4% reduction in workforce

Jones Lang LaSalle Incorporated, the leading global real estate services and investment management firm, announced today actions to reduce its workforce by approximately 300 positions, or four percent ...

Euro-zone inflation estimated at 2.2%

Euro-zone annual inflation2 is expected to be 2.2% in December 2002 according to a flash estimate issued today by Eurostat â€" the Statistical Office of the European Communities in Luxembourg. ...

London retains its title as world´s most expensive office location

According to DTZ´s sixth annual Global Office Occupancy Costs survey released today, London retains its title as the world´s most expensive office location with the West End and Ci ...

Non-profit organizations save office market in the Netherlands

The downturn in the office market has remained limited during the past year, thanks to the fact that non-profit organizations and the government were noticeably active in the market.Large organization ...

No improvement expected on German office market during 2003

Also during 2003 there will be no major improvement in the German office market according to DIP (Deutsche Immobilien Partner) in its review of 2002. Office space turnover has dropped by approximately ...

KanAm introduces second US close-ended real estate fund

KanAm International, the Munich based fund manager, introduced KanAm/WestWind USA Office II, its second US close-ended real estate fund. Investment is in a 55 story building in Miami, Florida.The comp ...

Deutsche Bank transfers real estate operations to Eurohypo

Deutsche Bank AG has completed the transfer of some of its real estate activities to Eurohypo AG, as expected, in exchange for roughly 20 million Eurohypo shares.Eurohypo said Deutsche Bank will recei ...

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