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Institutional investors to buy state owned land

The State wants to interest institutional investors to buy state owned land. In this way the government wants to collect € 110 mln in 2003 and 2004. Proceeds are to be invested in safety regulat ...

Companies want new industrial park near Eemnes

Companies in Soest, Bunschoten and Baarn insist on a new industrial park in the polder near Eemnes. Despite the resisitance by the City Council of Eemnes and the present economic climate, the companie ...

Majority of close-ended real estate funds do not meet initial objectives

More than half of all close-ended real estates funds offered on the German market did not meet their initial objectives. This is the result of a study by FondsMedia. Furthermore, only one-third of all ...

Redevco UK sells distribution centre and three retail stores

REDEVCO UK, the privately owned property investment and development company has disposed of the last remaining former C & A distribution centre in Woking for €12.9 m to industrial specialist ...

Lend Lease's response to market speculation

In response to speculative articles in the Australian Financial Review today, Lend Lease wishes to reiterate its position in relation to its strategic review of its Real Estate Investments ('REI') bus ...

Skanska is selling shopping center in Borås, Sweden, for SEK 130 mln

Skanska is selling its Armbåga 3 property, part of the Knalleland shopping center in Borås, in western of Sweden. The selling price of SEK 130 mln reflects a capital gain of SEK 78 mln. The purc ...

London office market rents plunge

A continuation of the pattern from Q2 – a very sluggish occupational market but strong activity continuing in the investment market, fuelled by low interest rates and stock market weakness.Occu ...

Lend Lease considers to sell U.S. operations

Australian property developer Lend Lease Corp Ltd. may sell its underperforming A$2 billion ($1.1 billion) North American real estate investment (REI) operations, the Australian Financial Review repor ...

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