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Ahold sales update 3rd quarter 2002

Highlights 3rd quarter 2002 sales: „h Sales rise 5.8% to Euro 16.4 billion „h Organic sales growth (excluding currency impact) amounts to 1.5%Against the backdrop of challenging trading co ...

Supply of office space has never been so high in the Netherlands

The rapid increase in the supply of commercial real estate in the Netherlands has continued during the second half of this year. The supply of offices, industrial real estate and retail space has incr ...

Metro to sell its property to raise EUR 3-4 bln

German retailer Metro AG is to sell its real estate holdings in the coming days, raising 3-4 billion euros in GermanyÂ's biggest property deal this year.U.S. fund manager Blackstone, General Electric ...

Design Zeil Project in Frankfurt approved by MAB

The design by KSP Engel und Zimmermann Architekten AG of the Zeil Project in Frankfurt has been approved by MAB. The design reflects the redevelopment of a multi-functional city district on the former ...

Moody's rates 16 German open-ended real estate funds and their managers

MoodyÂ's Investors Service was appointed in the spring 2002, as the rating agency for the evaluation of German open-ended real estate funds. The appointment was made jointly by the Association of Ger ...

Limited disposal of real estate assets by troubled pension funds

The chance of large-scale divestments of real estate assets by troubled pension funds is very limited. On the contrary, troubled pension funds, which have to pay out more than they may earn in investm ...

Growing interest in real estate

Global stock market volatility and low interest rates are behind growing investor interest in real estate, a DTZ Research survey has found. 'With concerns over US growth rates and their impact on othe ...

BAM NBM and HBG must sell their interests in asphalt plants

The Netherlands Competition Authority (NMa) has approved the takeover of HBG by BAM NBM after the parties gave assurances with regard to the sale of their interests in several asphalt plants.The takeo ...

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