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Cendant agrees to acquire Budget Group

Cendant Corporation today announced that it has entered into a definitive agreement to acquire substantially all of the assets of Budget Group, Inc. for $107.5 million in cash plus the payment of cert ...

Westfield considers separate fund for UK assets

London-Westfield is considering a separate fund to hold its UK assets, which include seven shopping centres acquired after only two years in the market.The separate fund could be used to help raise  ...

REITS share of real estate ownership continued to drop in 2001

The public marketsÂ' ownership of real estate declined across most property types, even though public real estate companies increased their capital-raising activities, according to Prudential Real Es ...

Geveke foresees profit recovery after moderate first half of 2002

In the first half of 2002 Geveke nv achieved net income of EUR 0.7 million before amortisation of goodwill against EUR 14.6 million for the same period last year.The drop in profit resulted primarily ...

Schiphol Group 2002 semi-annual results

During the first six months of 2002 Schiphol Group posted - pretax - results reflecting the same level as last year. Operating profit was up by 5.3%, rising from € 102.8 million to € 108.2 ...

Opportunity rules in shopping centre investment across Europe

With more and more cross border investment within the Eurozone, a lot of attention is being directed at forming investment strategies that can be applied to funds investing across this broad region. W ...

VastNed Offices/Industrial raises profit prognosis

Direct investment result (cash profit) increased by 5.2%; per ordinary share by 2.6%. Prognosis for 2002: Direct investment result per ordinary share of approximately Euro 3.20 (2001: Euro 3.16).In th ...

VastNed Retail expects increase of direct investment result per ordinary share of 3.5% for 2002

Direct investment result (cash profit) increased by 8.3%; 4.5% per ordinary share. Prognosis for 2002: Direct investment result per ordinary share of approximately Euro 4.15 (2001: Euro 4.01).In diffi ...

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