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Biggest annual increase in labour cost in the Netherlands: 5.5%

Euro-zone and EU15 labour costs up by 3.5%Total hourly labour costs in the whole economy of the euro-zone grew by 3.5% in nominal terms in the third quarter of 2002 compared to the third quarter of 20 ...

The emergence of real estate investment trusts (REITs) in Asia

Real estate investment trusts (REITs) are still at an infancy stage in Asia and for it to be successful, there must be a paradigm shift among property owners´ and investors´ mindse ...

Taubman Centers files motion to dismiss Simon´s ´Control Share´ claim

Taubman Centers, Inc. today announced that it had filed a motion in the U.S. District Court for the Eastern District of Michigan to dismiss Simon Property Group´s claim that the Taubman fami ...

Cendant Corporation updates earnings guidance

Cendant Corporation (NYSE: CD - News) today announced updated projections for the fourth quarter of 2002 and for 2003. As a result of the earlier-than-expected recognition of the previously disclosed ...

Imports unchanged in October

According to the latest preliminary figures by Statistics Netherlands the value of the imports of goods was 18.4 billion euro in October, the same as in October 2001. This broke the series of falling ...

CGI invests in Mahler4 on Amsterdam's South Axis

CGI breaks EUR 10 bln pan-European investment barrierCGI Haus-Invest will invest in the buildings designed by Toyo Ito and Skidmore Owings & Merrill as well as the underground car park. This will ...

The John Hardy Group opens Paris office

Hospitality industry veterans John Hardy, president and CEO of The John Hardy Group, and Claude Amar, president and CEO of Luxembourg-based Square Group S.A., have formed a joint venture under The Joh ...

Simon Property asks vote to force Taubman shareholders´ meeting

Simon Property Group, Inc. today announced that it has filed a preliminary proxy statement with the Securities and Exchange Commission to enable SPG to solicit proxies from shareholders of Taubman Cen ...

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