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Equity One and IRT Property Company announce proposed merger

Combined company will be one of the largest shopping center REITs in the SoutheastEquity One Inc. and IRT Property Company announced that they have entered into a definitive merger agreement pursuant ...

GE and Heitman Fund buy 13 Polish shopping malls

US investors GE Capital Real Estate and Heitman Central Europe Property Partners have agreed to buy 13 shopping malls in Poland for a total of EUR 200 mln. The French-owned Géant hypermarkets are t ...

Deka Immobilioen introduces first global open-ended real estate fund

Deka Immobilien Investment introduces its first global real estate investment fund. Â'Deka-ImmobilGlobalÂ' prelimanary focises on the Asia/Pacific region and North America, with some 55% of total in ...

Commercial property confidence grows despite shaky market

The third quarter 2002 has seen further falls in business demand for commercial property, says a RICS survey out last week. However, this has been accompanied by an upturn in confidence, reflecting ot ...

General Growth Properties reports 14.6% increase in FFO per share

General Growth Properties today announced a 14.6% increase in FFO per share for the quarter ended September 30, 2002. Since becoming a public company in 1993, General Growth has produced uninterrupted ...

Equity Office third quarter FFO falls

Funds from operations (FFO) for the third quarter 2002 totaled $362.3 million, or $.77 per fully diluted share, as compared to FFO for the same period in 2001 of $379.7 million, or $.81 per fully dilu ...

The Rouse Company reports record quarter

Funds From Operations (FFO) totaled a record $96.8 million ($1.03 per share) for the third quarter compared to $69.9 million ($.92 per share) for the same period of 2001. For the nine months, FFO were ...

Northern region Groningen-Assen still has enough space

The supply of industrial and office parks in the northern region between Groningen and Assen is still sufficient to meet demand for the next few years. To prevent competition between the various munic ...

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