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Westfield America Trust increases distribution by 8.9% per unit

Westfield America Trust today announced a distribution of $222.8 million for the half year to 30 June 2002, which represents 7.35 cents per unit, an increase of 8.9% per unit over the previous corresp ...

Falling office rents in Madrid despite rise in take-up

Take-up of office space in Madrid hit its highest quarterly total since the end of 2000 in Q2 2002, at 137,000 sq m. This was a sharp increase on Q1, when only 63,000 sq m of letting deals were transa ...

Development starts slowing across Europe

The amount of office development activity in most European cities continues to fall as existing schemes are completed and more prospective projects are pushed back, or shelved until market conditions ...

AGIP KCO in £8 mln outsourcing deal with Regus

In a deal worth more than £8 million over five years, Dutch-based oil company Agip KCO will relocate more than 300 people to a new Regus business centre in The Hague.'Agip KCO needs a flexible offi ...

AXA and Credit Foncier de France (CFF) reach an agreement with GECINA on their stakes in SIMCO

GECINA, AXA and Credit Foncier de France announce today that they have reached an agreement on the conditions under which AXAÂ's and Credit Foncier de FranceÂ's stakes (31.7% et 20.9% respectively) ...

Trammell Crow reports quarterly profit decline

Trammell Crow Co. said on Wednesday it reported a decline in its second-quarter earnings due to a drop in demand for new office space.The diversified commercial real estate services company said it ea ...

Manufacturing turnover down in first six months

Turnover in the Dutch manufacturing industry was 4 percent lower in the first six months of 2002 than in the corresponding period in the previous year.According to figures from Statistics Netherlands, ...

Regional unemployment rates ranged from 1.2% to 33.3% in the EU in 2001

A similar spread in the CECC: from 2.0% to 32.8%Within the EU and the CECC (Central European candidate countries1), regional unemployment rates varied widely in 2001. Rates in the EU ranged from 1.2% ...

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