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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 ...

Dutch inflation at its lowest since 2000

According to Statistics Netherlands’ consumer price index the rate of inflation was 3.2 percent in November 2002, 0.2 of a percent point lower than in October. Inflation was curbed down by pric ...

Netherlands Competition Authority threatens construction companies with severe fines

Thirty to forty construction companies may be fined due to unlawful price agreements. Fines may reach 10% of their annual turnover.Director A. Kist of NMa made this statement during a television broad ...

First limited real estate partnership for Lage Landen

De Lage Landen, a daughter company of Rabobank, has introdiced its first limited real estate partnership, Real Estate Fund I. In total there are 684 participations available for € 10,000 each.Th ...

NEPROM appoints new Chairman

Peter Ruigrok, director of Amstelland MDC Ontwikkeling Wonen, will succeed mr Carel de Reus as new Chairman of NEPROM on May 15, 2003.NEPROM, the Association of Dutch Property Developers, was founded ...

Glimcher Realty Trust closes $94.3 mln asset sale

Glimcher Realty Trust, one of the country´s premier retail REITs, announced that on December 5, 2002, it completed the sale of nine community center properties for approximately $94.3 millio ...

ABP has 6.29% stake in Newcastle Investment Corp.

Stichting Pensioenfonds ABP has a 6.29% stake in Newcastle Investment Corp., according to a Schedule 13D filed Friday with the Securities and Exchange Commission.ABP owns 1.48 million common shares. I ...

Bami rules out merger with Inmobiliaria Colonial

Spanish property firm Bami effectively ruled out a merger with rival Inmobiliaria Colonial on Wednesday, saying it did not favour a new deal shortly after buying a stake in another company.Inmobiliari ...

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