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Haus-Invest purchases three major Paris office buildings

CGI (the Management Company of Haus-Invest, the Commerzbank Group open-ended German Property Investment Fund) has acquired three major office buildings in Paris from Whitehall (the Real Estate Investm ...

Amstelland: net result 2001 EUR 33 mln (+17%)

Objective until 2004: average annual increase profit per share of 15%Amstelland NV (development of land, houses and commercial real estate) achieved a turnover of EUR 741 mln in 2001, in increase of 1 ...

BAM NBM profit EUR 39.4 mln (+60%)

Construction company BAM NBM realized a profit of EUR 39.4 mln during 2001, an increase of 60% compared to 2000. Net profit per share amounted to EUR 3.90, an increase of 34%.BAM NBM may not shy away ...

JJB Sports takes Amsterdam flagship store

In the biggest retail letting in Amsterdam for over a decade, UK retailer JJB Sports has taken the 75,000-sf former Marks & Spencer store at 66-72, Kalverstraat. And it plans to use the acquisitio ...

Recent REIT results stoke lively debate

The first test of a new standard for forecasting the financial results of real-estate investment trusts has left analysts as divided as ever over how to portray the industryÂ's earnings.The adoption ...

Evia Real Estate withdraws Haslemere bid

Real estate investment company Evia Real Estate withdraws its last-week bid for Haslemere N.V. At the same time it announced that Evia will not pursue any further take-over actions.Last week Evia Real ...

GIB 2001 net profit: € 751.3 million

GIB GROUP reported a consolidated turnover (net of VAT) of € 1 414.2 million in 2001, compared with € 4 022.1 million in 2000. The turnover of GB was consolidated for the first 8 months of ...

GIB sells its DIY division to Vendex KBB

GIB and Vendex KBB have signed an agreement for the purchase by Vendex KBB of 100% of the capital of Brico Belgium s.a., GIB’s subsidiary controlling all its international DIY activities, subje ...

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