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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 ...

Framework agreement between municipality of Enschede and Amstelland for the development of Business

The municipality of Enschede and Amstelland Ontwikkeling Vastgoed BV have signed a framework agreement for the development of the Business & Science Valley project in Enschede.This framework agree ...

Year-to-date European venture investment roughly half of 2H01

European venture capital activity continued to decline sharply in the first half of 2002, according to the joint global venture capital survey by Ernst & Young and VentureOne.At €2.4 billion ...

Cendant agrees to acquire Budget Group

Cendant Corporation today announced that it has entered into a definitive agreement to acquire substantially all of the assets of Budget Group, Inc. for $107.5 million in cash plus the payment of cert ...

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