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Institutional property investment reaches record levels

The third quarter of 2002 saw a massive surge in institutional property investment in the UK, according to new data from the Office for National Statistics. Insurance companies and pension funds were ...

Amsterdam Airport Schiphol posts substantial increase in November passenger and cargo volume

In November 2002 Amsterdam Airport Schiphol welcomed 8.9% more passengers than in the previous month last year, i.e. over 2.9 million. The significant increase can be attributed to the fall in passeng ...

Jones Lang Sees $300,000 Gain From JV Interest Purchase

Jones Lang LaSalle Inc. said it will most likely realize a gain in 2002 of $300,000 from its acquisition of a minority interest in Jones Lang LaSalle Asset Management Services.In a filing Monday with ...

King Sturge: Airport Property Market Survey

The International Air Transport Association (IATA) called 2001 the “worst ever year” for air transport in its 2002 World Air Transport Statistics. In 2001 international passenger traffic w ...

Large development for ING Real Estate in Australia

ING Real Estate Development Australia and the Lewis Land Group, have today signed an Agreement with the Docklands Authority for the comprehensive development of the 19.3ha Waterfront City precinct at ...

British Land offer for Harrods snubbed

British newspapers reported on Sunday that the UKÂ's second biggest property firm British Land had offered to buy high-brow London store Harrods and lease it back to owner Mohamed Al Fayed, but had b ...

Regus announces sale of stake in UK business

GroupÂ's action is part of plan to improve long-term financial strength and address immediate working capital requirementsThe Regus Group, the worldÂ's largest provider of serviced offices, today an ...

Rodamco Asia´s net profit up 17%

In the first nine months of the financial year 2002/2003 (1 March – 30 November 2002), Rodamco Asia NV achieved a net profit of EUR 22.7 million (EUR 1.04 per share), which represents a 17% inc ...

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