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Ballast Nedam: shareholders approve exercising put option

During an Extra-ordinary meeting of shareholders of Ballast Nedam N.V. today, the shareholders have approved the proposal of the Board of Management to exercise the put option on the shares in the dre ...

Pension funds allowed one year to reinstate their cover

About 300 pension funds, which suffered financially due to the stock market decline, are allowed one year to bring their cover back to the required level. Also, between two to eight years from now the ...

COMINVEST officially opens for business

Commerzbank Asset Management plans to concentrate its activities on Germany and other selected European core markets. The resources resulting from the cost synergies and improved efficiency will be in ...

Most office markets weathering the storm. For now.

As financial markets around the world experience one of the worst down years in recent history, office real estate continues to hold up reasonably well.Job layoffs in the financial services and tech s ...

Intervest Offices portfolio gains € 110.7 million after merger

Intervest Offices announced today the merger of five real estate companies, sc.: APIBI NV/SA, Mechelen Campus NV/SA, Merchtem Cargo Center NV/SA, Puurs Logistics Center NV/SA and Pakobi NV/SA. As a re ...

World Trade Centre agency names architects

Some of the worldÂ's best known architects have been given one of the worldÂ's most difficult jobs -- coming up with concepts for the site where the twin towers of the World Trade Centre once stood. ...

Allianz may sell stocks and buy bonds or real estate to bolster capital

Allianz AG, EuropeÂ's biggest insurer, may sell stocks and buy bonds or real estate to avoid having to tap investors for money as the value of its investments decline, said board member Helmut Perlet ...

Insignia Richard Ellis Monthly Index August 2002

Firmer investment yields had a strong positive impact on the All Property capital values in August producing monthly capital growth of 0.6% on the Insignia Richard Ellis Monthly Index.The strengthenin ...

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