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Westfield trust makes cash takeover offer for AMP Shopping Centre Trust

The Chairman of Westfield, Mr Frank Lowy, today announced that Westfield Trust will make an all-cash takeover offer for the outstanding units (including all rights) in AMP Shopping Centre Trust (ART) ...

8.2% rise in direct result per share for Corio

In the first quarter of 2003 Corio achieved good results. The direct investment result per share rose by 8,2% to € 0.66, compared with € 0.61 in the first quarter of 2002. Th ...

Shares tendered under public offer for VolkerWessels by Victor Rijssen

With reference to the offer document dated 22 April 2003 (the 'Offer Document'), Koninklijke Volker Wessels Stevin nv ('VolkerWessels') and Victor Rijssen B.V. ('Victor Rijssen') make the following an ...

Rodamco Asia’s full-year net profit grew 17% to € 30.6 million

for 2003 is challenged by geo-political uncertainties, questions over the strength of growth in US and Europe and the SARS virus that originated in Asia. All things considered, the consensus is one o ...

Foram and Lar Grosvenor buy shopping centre "Madrid Sur" for € 41.4 million

A newly incorporated joint-venture company created by both parties has acquired the Madrid Sur Mall. Furthermore, Foram has acquired for € 20.8 million Eroski’s hypermarket ...

Joan Busquets: Urban Developer for the City Centre Plan Helmond

The architect and urban developer, Professor Joan Busquets of Barcelona (Spain) has been selected for the urban development design of the City Centre Master Plan. Prof. Busquets will be responsible fo ...

Start redevelopment of De Nederlandsche Bank

On the ground of the former office building of the Nederlandsche Bank (Dutch Bank) on the Boompjes in Rotterdam, a special project is being developed. On this site offices, luxury apartments, a parkin ...

IVBN wants lower solvability requisite for real estate investors

Dutch Pensioen en Verzekeringskamer (PVK), supervisor for the insurance and pensionbranche, should demand lower buffers for real estate investors than for other investment categories. based on the exp ...

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