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Size real estate portfolio PGGM declines with 10% (NL)

The real estate portfolio of the pension fund PGGM has made a total return of 8.6% in 2003. That is 1.5% above the WM benchmark, but below its results in 2002 (9.1%). This is partly because of the dow ...

Building activities Den Haag Nieuw Centrum to start soon (NL)

Surrounding the Central Station of The Hague, the first building activities for the project Den Haag Nieuw Centrum will start in August. The building will start with the rebuilding of the tram platfor ...

Two Dutch architect agencies among the last four in Paris (FR)

The Dutch architect agencies OMA (Rem Koolhaas) and MVRDV are still in the running for the project of the second restructuring of the former ‘Les Halles’ area in the center of Paris. At the moment ...

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 ...

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