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Simon Property will proceed with cash offer for Taubman

Simon Property Group, Inc. today issued the following statement in response to todayÂ's rejection by Taubman Centers, Inc. of SimonÂ's premium all-cash offer:'TCOÂ's public shareholders, who own 99 ...

The challenge of Urban Development

Making urbanization workMore than half the world’s population lives in urban areas and by 2050, the world’s population is expected to grow by three billion people. Almost all of this gro ...

Vallehermoso and Metrovacesa to join IBEX-35 as of January 2, 2003

The Technical Advisory Committee of Spain´s IBEX stock indexes said that Spanish real-estate firms Vallehermoso SA and Metrovacesa SA will join the country´s blue-chip IBEX-35 as o ...

Mills Corporation acquires six malls for $621 mln

The Mills Corporation, owner and operator of super-regional retail and entertainment oriented malls, announced today that the Company has entered into agreements to purchase a 100% interest in six mal ...

Simon Property Group and Coca-Cola enter into marketing alliance

Simon Brand Ventures (SBV), the marketing division of Simon Property Group, Inc. and The Coca-Cola Company today announced that they have agreed to enter into a multi-year comprehensive marketing alli ...

General Growth renews deal with PepsiCo

The cola war have moved to another arena - the shopping mallPepsiCo said it renewed its deal with General Growth Properties Inc., the number-two U.S. mall owner. The agreement covers vending in spaces ...

More jobs in care, fewer in private sector

Wage costs up 4.6 percentEmployers had 63 thousand more jobs on offer in the third quarter of 2002 than in the same quarter last year, according to labour market figures just released by Statistics Ne ...

Start of Mahler 4 in Amsterdam ZuidAs area

On Monday 9 December the breaking ground ceremony for the Mahler 4 project in the Zuidas area in Amsterdam was performed. Mahler 4 provides around 160.000 m² offices, 200 houses, around 10,000 m ...

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