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Bleaker economic outlook

for the Netherlands grew slightly worse in April. The second estimate of the economic growth rate in the fourth quarter of 2001 stands at 0.4%, the lowest growth rate since the first quarter of 1993. ...

American Realty offers to buy Prime Group for cash and stock

American Realty Investors Inc., a real estate investment firm, said it offered to buy Prime Group Realty and a partnership called Prime Group Realty L.P. As part of the offer, American Realty would ac ...

Dutch houses worth substantially more

At the beginning of 2001 the average value of houses in the Netherlands was 133 thousand euro. In this year property values were based on the new reference date of 1 January 1999. Compared with the pr ...

RNA implements ruling Enterprise Chamber and will file for appeal

Rodamco North America NV announces that the contracts with the members of the Management Board and Freeland were adapted in conformity with the ruling of the Enterprise Chamber dated 22 March 2002.Thi ...

Rodamco Europe announces completion of sale RREEF US

Rodamco Europe NV announces that on April 23, 2002 the sale of RREEF US, the US based real estate investment management firm and main asset of Roproperty Holding B.V., to Deutsche Asset Management has ...

Producer confidence improving slightly

Producer confidence, the mood indicator among entrepreneurs in the manufacturing industry stands at – 0.7 in March 2002. This is almost 1 point higher than in February. In November 2001 produc ...

Realty Income funds from operations up

Realty Income Corp. on Thursday said first-quarter funds from operations grew 27.3 percent as property occupancy rates and rents increased.Funds from operations, a widely used measure of real estate i ...

Deutsche Asset Management to launch UK property fund

Deutsche Asset Management is planning to roll out a new closed-ended property fund for the British market to exploit what its managers predict will be buoyant demand for property in future years.DAM s ...

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