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Holzmann's insolvency administrator expects to save 80% of company's jobs

Philipp Holzmann AGÂ's insolvency administrator Ottmar Hermann said he expects to save some 80% of the 23,700 jobs at the insolvent construction company.Most jobs will be lost in Germany, Hermann sai ...

Rodamco Europe and Globe Trade Center join forces

Rodamco Europe and Globe Trade Centre S.A. (GTC) are joining forces in Poland. The first deal is joint ownership of Galeria Mokotow, one of the largest and most successful shopping and entertainment c ...

Haslemere: disposal of Heathrow Industrial to Brixton

Haslemere NV announced on Friday that it has sold its Heathrow Industrial Estate, located on the Eastern perimeter of Heathrow Airport, to Brixton for a consideration of £46.5 million. The Initial ...

Nieuwe Steen Investments: increase in result

During the first 9 months of 2002 Nieuwe Steen Investments n.v. achieved excellent results. Total investment result per share increased to EUR 1.20 (2001: EUR 1.11). In view of these results managemen ...

Construction new offices drops by 60%

The Dutch office market is having difficult times. NVB (Dutch Association of Project Developers) expects the production of new office developments to decrease by 60%. In terms of money this would mean ...

NVB: 'Government's proposal to abolish fiscal depreciation is a disaster for the office market'

GovernmentÂ's proposal to abolish the fiscal depreciation on commercial real estate will have a disastrous effect on the Dutch office market as a whole. Both Dutch and foreign investors will hesitate ...

Portuguese government started sales real estate to cut budget deficit

The Portuguese government started selling real estate last week, as part of its effort to raise cash to reduce its budget deficit.The finance ministry sold a Lisbon office building for EUR 1.52 millio ...

City of Deventer to invest EUR 85 mln in housing, infrastructure and inner city

The city of Deventer wants to be an entrpeneurial city. The city wants to reinvest the revenues from the city in the city through its real estate company. This reinvestment in spatial-fysical developm ...

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