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Noord-Zuidlijn costs €92 million extra

Recent research of the municipality of Amsterdam reveals that the costs of the construction of the infrastructural mega project Noord-Zuidlijn will increase with 6% (€92 million). This means that th ...

Canary Wharf Group: forced auction

Following an article in the Sunday Telegraph, the two bidders and Canary Wharf Group announced yesterday that the bidding war will be ended by means of conducting an auction for CWG. This auction will ...

TCN Property Projects buys Kema-Park Arnhem (Netherlands)

Project developer TCN has signed an agreement of intent with BusinessPark Arnhem (Netherlands) to buy the former Kema ground. The transaction is said to involve an amount of €100 million.BusinessPar ...

Henderson launches UK Shop Fund

Henderson Global Investors has launched a UK Shop Fund. It is the latest in the suite of Henderson’s sector and market specialist funds which includes the UK Retail Warehouse Fund, the Central Londo ...

Royal BAM Group announces early redemption of convertible bond loan

Royal BAM Group announces the early redemption of the entire remaining amount of the 1997 4.75% subordinated bond loan 2004. The loan was originally due to mature on 10 December 2004. As at year-end 2 ...

Bouwfonds 2003 profits rise 63% to €207.8 million

Bouwfonds achieved a 63% higher net profit of € 207.8 million in 2003. Virtually all parts of the company contributed to this improvement in results. This is apparent from the annual report publishe ...

ABP improves financial position in 2003

For the first year since 2000, in 2003 ABP has succeeded in improving its financial position. The degree of coverage reached 109%, 6% more than at the end of 2002. Thanks to a return of 11% (€14,6 b ...

Jan de Kreij new CEO Corio

The Supervisory Board will propose Jan de Kreij to be the CEO of Corio at the annual shareholders meeting on 23 April 2004. Since May 2003 he was already appointed as CEO ad-interim.The likely appoint ...

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