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PGGM to sell 1.5 mln Simon Property Group shares

PGGM filed to sell 1.5 million shares of Simon Property Group Inc.Â's common stock, according to a Form 144 released Tuesday by the Securities and Exchange Commission.PGGM, of the Netherlands, listed ...

Aareal Bank: group profit up by 11.4% to € 49 million

In the first half of 2002, the Aareal Bank Group increased its Group net profit by 11.4% to € 49 million, clearly bucking the sector trend. The return on equity after taxes achieved of 9.6% is w ...

Ahold set to acquire five hypermarkets in Poland

Koninklijke Ahold N.V., the international food retailer and foodservice operator, today announced its wholly-owned Polish subsidiary Ahold Polska Sp.z o.o. have reached agreement in principle to acqui ...

Mirvac Group bids for Colonial First State Property Trust Group

The Mirvac Group today announced its intention to make an all-scrip takeover offer (the Offer) for all the issued units in the four trusts that comprise the Colonial First State Property Trust Group ( ...

Lend Lease: share buyback not on agenda

Media reports today speculating that a 'share buy-back is firmly on the agenda' are inaccurate.A share buy-back was considered at last weekÂ's Board meeting. However, it was decided not to instigate ...

REIT dividends a good play, but selectivity seen as key

Investors, jumpy about the volatile stock market and a barrage of corporate earnings misses, continue to see real estate investment trusts as a refuge, thanks to their stable and attractive dividend y ...

The JLL property clock shows little sign of positive rental growth

Average prime rents continue to fallAlthough no more cities moved into ‘rents falling’ in Q2, and Paris progressed into the next quadrant, average prime headline rents continue to fall ac ...

ABN Amro Holding acquired 17.54% stake in Amstelland MDC

Netherlands Authority for the Financial Markets reports today that ABN Amro Holding increased its stake in Amstelland MDC NV to 17.54% as per August 19, 2002.Other major stake holders reported are as ...

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