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Grantchester: independent directors recommend cash offer by Hammerson plc

Following the announcement on 9 September 2002 of a cash offer for Grantchester to be made by Dresdner Kleinwort Wasserstein on behalf of Hammerson, the Independent Directors of Grantchester and their ...

Carrefour to buy remaining 20% of Spanish unit

The CARREFOUR group launches a public exchange offer on the shares of its subsidiary CENTROS COMERCIALES CARREFOUR that it controls directly or indirectly at 79.7%. This operation therefore applies to ...

Unemployment rising

Unemployment in the Netherlands was 166 thousand on average in the period June-August this year. The number rose by an average six thousand people a month in the first half of this year. Statistics Ne ...

Amstelland MDC acquires 50% interest in Czech retail property developer

Amstelland MDC has acquired an interest of 50 per cent in the Czech property developer Retail Development Company A.S. (RDC). The interest was acquired from Ahold Real Estate BV, which is retaining th ...

Retail will have to boost Amstelland's profit growth

Real estate developer Amstelland will increase its efforts in the retail market. By 2003 it wants about half of its turnover from this sector. Until recently this was only 15%, according to Klaas de R ...

World foreign direct investments plunge 51% in 2001

Global foreign direct investments totaled $735.1 billion in 2001, down 51% from the previous year, marking the biggest drop in 30 years, the U.N. Conference on Trade and Development (UNCTAD) said in a ...

ABN AMRO to acquire Delbrück & Co

ABN AMRO intends to acquire one of the leading German private banks, Delbrück & Co. For this purpose both parties have signed a letter of intent on the 18th of September 2002. The agreement exc ...

Scenari Immobiliari: Europe's real estate market slowing down in 2nd half

Growth in EuropeÂ's real-estate market is expected to slow in the second half of 2002 as the economy slumps, with the market for office space likely to be the worst hit, said Italian real-estate rese ...

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