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French real estate stocks offer haven in glum market

Despite months of outperforming slumping stocks in other sectors, analysts say French real estate shares still provide a brick-solid safe haven in a market gripped by gloom. Seasonal effects and the b ...

Hermes invests in Junction Retail Park Fund

Fund manager Hermes, on behalf of the British Telecom pension fund, has injected two properties worth £66.85 million ($105 million) into the Junction Fund, the specialist retail park fund set up by ...

Euronext : average daily number of transactions in cash products up 12.1% compared to last month

In September 2002, there was a total of 11,575,606 transactions on Euronext’s cash markets. The average daily number of trades in cash products reached 551,219 in September, up 12.1% compared t ...

Fortis's solvency remains strong

In line with its July 23 and August 28 reports, Fortis is committed to clarifying at the end of the third quarter its strong solvency and the value of its equity portfolio (9% of its total investment ...

GIB supports take-over bid by Ackermans & van Haaren

The Board of Directors of GIB has adopted unanimously the take-over bid by Ackermans & van Haaren and it recommends the holders to bring their shares in the bid.The full text of the opinion will b ...

Industrial producer prices up by 0.1% in euro-zone and EU15

The euro-zone and EU15 industrial producer price index increased by 0.1% in August 2002 compared with the previous month, Eurostat - Statistical Office of the European Communities in Luxembourg - esti ...

Euro-zone unemployment stable at 8.3%

EU15 steady at 7.7%Euro-zone seasonally-adjusted unemployment stood at 8.3% in August 2002, unchanged compared to July, Eurostat - Statistical Office of the European Communities in Luxembourg - report ...

Westfield America Trust expands US portfolio after joint venture with Prudential

Westfield America Trust and Prudential plc announced today that they have entered into a letter of intent for Westfield America to acquire a 50% interest in Fashion Square Sherman Oaks, Los Angeles, ...

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