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Ahold 2003 sales amount to Euro 56.1 billion

Ahold today announced consolidated net sales for 2003 (52 weeks through December 28, 2003) of Euro 56.1 billion, a decline of 10.5% compared to Euro 62.7 billion generated in 2002. The overall impact ...

'Giovanni Batista' in German hands (FR)

Pirelli & C. Real Estate (PRE) has sold the ‘Giovanni Batista’ building in Saint-Maurice (France) for the amount of € 38 million to the German fund Europroperty, of which TMW is the exclusiv ...

F

The large Munich project ´Fünf Höfe´ has been sold for a purchase price clearly below € 300 mln to DIFA Deutsche Immobilien Fonds AG from Hamburg.The in March last year completed shopping- and o ...

Encouraging signs for the London City office market (UK)

Take-up in the City of London is expected to jump 20% to more than 4m sq ft this year as firms within the Square Mile begin hiring once again, according to new forecasts from Jones Lang LaSalle. JLL†...

Manhattan office vacancies stabilize in 2003 led by strong sublease and renewal activity (US)

Cushman & Wakefield today released fourth quarter statistics for the Manhattan office market that indicate the overall vacancy rate stabilized in 2003, led by substantial subleasing activity and l ...

Annual profit in real estate for the tenth year in a row (NL)

The listed Dutch real estate funds have had a very good year with a total return of 20% despite the negative developments in the market. The question is whether the rent proceeds will remain high enou ...

Government paves way for huge Milton Keynes regeneration (UK)

The government has announced plans to create a new planning authority to oversee the regeneration of Milton Keynes, in what could become the biggest urban expansion in the UK for over 50 years. Around ...

Fortis Investments acquires strategic Japanese Equity capability

Fortis Investments, the asset management arm of Fortis, today announced the acquisition of the Japanese Equity capability of the German-owned asset manager, WestAM, part of the WestLB Group.This impor ...

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