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ING launches first foreign non-state pension fund in Russia

ING today announced the launch of the Non-State Pension Fund ING in Russia, a voluntary pension fund for corporate clients. This is the first private Non-State Pension Fund to be launched in Russia. T ...

Euro-zone external trade surplus EUR 9.6 bn in August 2002

EUR 2.3 bn surplus for EU15The first estimate for euro-zone1 trade with the rest of the world in August 2002 was a 9.6 billion euro surplus, against +5.5 bn in August 2001. The revised2 July 2002 bala ...

The North cheaper by 30% to companies

Companies may save substantially on labor and office costs if they would settle in the North of the Netherlands. Companies which have settle there are saving between 18% and 34% compared to the Randst ...

More split fund woes for Aberdeen Asset Managers

Shares in Aberdeen Asset Management slumped nearly 20 percent on Wednesday after one of its clients said it was considering removing all its investments from the troubled UK fund firmÂ's management. ...

Amsterdam: stable land price policy

The new Municipal Land Price Policy 2003 confirms the Municipality’s policy over the past few years. Nevertheless, in part market factors and conditions will influence the policy. The Municipal ...

Prudential Real Estate Investors acquires TMW

Prudential Real Estate Investors (PREI) announced yesterday that it has reached an agreement to acquire TMW Immobilien AG in Munich, Germany, and TMW Real Estate Group in Atlanta. PREI is the real est ...

GM to invest up to USD 800 mln in Japanese real estate

General Motors Investment Co. has announced that through a partnership it will invest up to YEN 100 bln (about USD 800 mln) in Japanese real estate next year. The exact details of the investment have ...

Open-ended German real estate funds continue to attract capital

During the first nine months of 2002 the German open-ended real estate funds attracted a net of EUR 13.1 bln., making them by far the most popular investment vehicle.In total all open-ended funds attr ...

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