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TK Development: Downward revision of profit forecast for the 2002/03 financial year.

TK Development has downgraded its profit forecast for the 2002/03 financial year to DKK 20 â€" 40 million after tax. The main reason is a delay in the sale of projects, including the Groupâ ...

Kungsleden acquires house for elderly living

The property company Kungsleden AB (publ) has through Hemsö Äldreboende AB, a joint venture with Catella, acquired the property Jakobsberg 34:6 in Järfälla.The property i ...

Castellum sells residential properties and undeveloped land with a capital gain of SEKm 50

Castellum has, through its subsidiaries, sold properties totaling SEKm 135 with a capital gain of SEKm 50.During the end of 2002 seven smaller properties were sold with the total selling price amounti ...

Slough Secures Belgian Warehouse Letting

Slough Estates plc, Europe’s largest specialist industrial developer and investor, has this week announced the letting to Tibbett & Britten of a 16,500 m² warehouse at Bornem ...

Imtech wins 10 mln Euro order for largest real estate project in Spain

Imtech N.V. has won an order worth more than 10 million Euro to supply a full range of heating, ventilation and air conditioning (HVAC) services, including a multi-year maintenance contract, for the n ...

Sophia has acquired a block of Paris office buildings from Crédit Lyonnais

Sophia has acquired a block of Paris office buildings from Crédit Lyonnais in the financial district of the capital for nearly M€ 175.At the end of December 2002, Sophia agreed to ...

Consumption up by 1.9 percent in October

According to the latest figures by Statistics Netherlands domestic consumption in October 2002, corrected for price changes, was up 1.9 percent on October 2001.The figure was positively influenced by ...

Volume of retail trade up by 1.6% in euro-zone

EU15 up by 2.7%In October 2002, as compared to October 2001, the volume of retail trade increased by 1.6% in the euro-zone and by 2.7% in the EU15, Eurostat, the Statistical Office of the European Com ...

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