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Towa Real Estate to get 200 bln yen ($1.68 billion) in aid

Towa Real Estate Development Co 8834.T is likely to receive 200 billion yen ($1.68 billion) in aid from its banks, including UJF Bank, a member of UFJ Holdings Inc, and Sumitomo Mitsui Banking Corp, t ...

Liberty International increases stake in Great Portland Estates

Liberty International has built an 11.75% stake in Great Portland Estates (GPE) sparking fresh speculation that it is preparing a takeover bid. The shopping centre giant disclosed this morning that it ...

Real estate market reforms in Poland

The Office of Housing and Municipal Development (URMiM) intends to take action against Public Housing Associations (TBS) that fail to abide by their statutory mandate, namely the state-subsidized cons ...

Crédit Lyonnais Asset Management reorganizes its real estate division

Crédit Lyonnais Asset Management (Clam) has regrouped its two daughter compamies, Slegeri and SLG, into one business unit, Crédit Lyonnais Asset Management Immobilier, a 100% daughter company of ...

Pirelli six months results

Extraordinary income EUR 24 mln from the real estate reallocationThe unprecendent crisis in the world telecommunications market, with a two-thirds fall in world demand for TLC cables and systems, prov ...

HVB Immobilien AG launched

On September 6, 2002 HVB Immobilien AG, the HVB GroupÂ's new real estate ownership and management company, is being launched in Munich. HVB Projekt GmbH, HVB Tecta GmbH, Plan Trade GmbH, HVB Gebäu ...

Vendex KBB achieves satisfactory results in stagnating market

for the second half of the year is uncertain. Against this backdrop no reliable pronouncement can be made concerning the development to be expected in consumer spending. As known the results of a non ...

DIM: intrinsic value per August 31, 2002: $ 14.49

The intrinsic value per share of real estate investment fund DIM Vastgoed N.V. stood at $ 14.49 as per August 31, 2002. On July 31, 2002 the intrinsic value was $ 14.36 per share. Closing price on the ...

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