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Simon Property Group and Westfield America extend tender offer for TCO common shares until August 1,

Simon Property Group, Inc. and Westfield America, Inc., the U.S. subsidiary of Westfield America Trust, today announced that they have extended their $20.00 per share all-cash offer for common shares ...

In spite of strong euro Rodamco Asia’s first quarter net profit up 2.7% at € 7.5 million

Rodamco Asia NV announced today that its net profit for the first three months of financial year 2003/2004 (1 March 2003 â€" 31 May 2003) was € 7.5 million, up 2.7% from the âà ...

Office vacancy falling slowly in Budapest

Office vacancy rates have finally dropped below 20% in Budapest as a result of the very small amount of development completed in the first part of the year. Only 1,100 sq m of offices were completed i ...

AM taken up in Epra/Nareit indices

Stock Exchange quoted developer AM will be taken up in the Epra/Nareit indices per 1 July 2003. AM has been admitted after analysis of the year report and matches the criteria. The company will be tak ...

Shifts in the Dutch office market

The office market in 2003 is holding up reasonably well compared to the first half of 2002. DTZ Zadelhoff’s half-yearly figures show that the take-up volume is approx. 700,000 m² ...

German funds invested € 681 mln. in Dutch real estate

In 2002 German open and closed real estate funds have bought € 681mln. worth of Dutch commercial real estate. The open-end funds invested € 171 mln. in seven objects, the clo ...

Take-over Leroy Merlin DIY chain in Belgium finalized

The take-over of the Belgian DIY-activities of Leroy Merlin â€" announced in February â€" has been finalized. The competition authorities have given their approval to the acquisition. ...

Jones Lang LaSalle and Procter & Gamble finalize real estate outsourcing agreement

Jones Lang LaSalle Incorporated and The Procter & Gamble Company today finalized a 5-year agreement for one of the most geographically diverse assignments to outsource corporate facilities managem ...

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