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ING Group reports on full year 2003

Banking results lead the way to firm profit growth. Operating net profit up 18.1% from 2002 to EUR 4,053 million; Per share EUR 2.00 (+13.1%); Banking operating net profit up 72.6% to EUR 1,545 millio ...

Commerzbank: strong improvement in operating profit - Future viewed with confidence

In the past business year, Commerzbank achieved its expected and promised return to profit. The bank’s operating profit showed a considerable improvement of more than 350m euros on 2002. In view of ...

Canary Wharf adjourns court meeting and EGM

Canary Wharf Group PLC said it has adjourned the court meeting and extraordinary general meeting scheduled for Feb 23 to approve a Morgan Stanley-led bid for the company.'Given the uncertainty regardi ...

Prologis to develop distribution park in Denmark

Prologis is going to develop a logistics park south of the Danish capital Copenhagen. The park, Prologis Park Copenhagen, will be built in three phases. The area of 114,000 m² will in principle be di ...

Estatius acquires interest in Swedish NVM Profilator

Estatius has acquired an interest of 30% in the Nordic Center Management (NCM) Profilator. This Swedish concern is active in the areas of consultancy, plan development and real estate management. Esta ...

Amsterdam Arch to become Amsterdam Symphony (NL)

Bouwfonds Property Development has adapted its design of one of its largest developments on the Zuidas in Amsterdam. This enables Bouwfonds to adjust to forecast the renter’s market more easily. The ...

CBRE plans $150m New York flotation

CB Richard Ellis is planning to raise as much as $150m through a flotation on the New York Stock Exchange, two years after the company was taken private.CBRE submitted a preliminary prospectus to the ...

Reichmann family to vote against Morgan Stanley proposals for Canary Wharf

The former chairman of Canary Wharf, Paul Reichmann and his family will vote against resolutions proposed by the Morgan Stanley-led consortium hoping to buy the Docklands developer at the group&ac ...

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