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New Plan Excel to buy 58 shopping centers

New Plan Excel Realty Trust Inc., a real estate investment trust, will pay about $285 million to buy 58 shopping centers from Equity Investment Group in an effort to expand geographically.New Plan sai ...

Inflation rate in October unchanged

The Dutch inflation rate reached 3.4 percent in October 2002, which is the same as in September. This is shown by the latest consumer price index by Statistics Netherlands. Food contributed less to in ...

Pirelli Real Estate achieves excellent results

The aggregate value of production during the first nine months of 2002 was equal to EUR 3.594.2 mln, as against EUR 474.2 mln during the first nine months of 2001. The increase stems principally from ...

Orange European Property Fund´s share value decreases by 1.5%

Net asset value (NAV) per share Orange European Property Fund (OEPF) declined by 1.5% in the first half of the Fund´´s financial year, which runs from 1 November 2001 to 30 Septemb ...

Simco removed from Next 150 index

Following the official result of the takeover bid by the French company Gecina (Next 150 index) for the French company Simco (Next 150 index), Simco will be removed from the Next 150 index effective T ...

Grupo Dragados earned 166 million euros in the first nine months of the year

The net sales of Grupo Dragados reached EUR 4,011 mln at the end of the first nine months of the year, indicating a growth of almost 11% with respect to the same period of 2001.Aggregate billing reach ...

Industrial production down again

The Dutch manufacturing industry produced 2.6% less during the third quarter of this year than it did last year. This is shown by the latest preliminary figures by Statistics Netherlands. This means t ...

Eurocommercial Properties N.V. first quarter net income increases by 12%

The board of Eurocommercial Properties N.V. announced yesterday that the Company realised a net income after taxation of € 9.9 million for the first quarter of its financial year 2002/2003, whic ...

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