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Second half 2003 shows effect of cost-reduction measures at Grontmij

Net operating profit in first half year down 70% Limited growth in turnover from consultancy and engineering services; recovery of turnkey turnover Measures taken to improve results: cost-reduction ...

AM is discussing sale of shopping centre

Projectdeveloper AM and Commerz Investmentgesellschaft are talking about the sale of the to be developed shopping centre Victoria Square in Belfast, as has been confirmed by a source within AM.Accordi ...

Evia disputes acquisition IBI-portfolio by Redevco

Evia Real Estate is instituting legal procedures against Redevco Netherlands and the German IBI Real Estate. Last week IBI Real Estate sold its Dutch portfolio to Redevco Netherlands for â‚ ...

CB Richard Ellis and DTZ win Slough Estates contract

Slough Estates has announced that CB Richard Ellis and DTZ have been appointed as valuers for its £7.2bn UK property portfolio. The assets will be split 60-40 in CBRE´s favour, which ...

Rodamco Europe´s net profit up 10% to € 155 million in first six months 2003

Rodamco Europe, the largest publicly listed property investment and management company in the retail sector in Europe, achieved sound financial results for the first six months of 2003. Rodamco Europ ...

Dutch share in Epra Index rises because of departure of British funds

When the British real estate funds Canary Wharf and Chelsfield leave the index, the share of Dutch real estate funds in the Epra Index will rise from 14.7 to 16.4%. The Netherlands will remain the lar ...

Redevco buys Dutch portfolio from German Management Company

Redevco Netherlands has bought the Dutch real estate of German capital management company IBI Real Estate. The portfolio contains three stores, three office buildings, an industrial hall and a multipl ...

British Land API talks break down

Aberdeen Asset Management PLC said talks with The British Land Co PLC regarding a possible sale of all or part of Aberdeen Property Investors (API), Aberdeen´s property portfolio, have been ...

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