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Simon calls on Taubman Board to fulfill fiduciary responsibility to all shareholders

Simon Property Group, Inc. today issued the following statement in response to inaccurate and misleading assertions made by Taubman Centers, Inc. in a press release issued late Friday, November 16, 20 ...

Simon Property Group continues to mislead

Taubman Centers, Inc. responded to today’s misleading announcement from Simon Property Group, Inc.Taubman Centers said: Simon’s statements are obviously designed to obfuscate Simon Prop ...

ProLogis signs three new leases in Poland

ProLogis, a leading global provider of distribution facilities and services, announced today that it has entered into three new leases totalling 15,300 m2 of distribution space in Poznan, Poland.ITM B ...

Royal BAM NBM completes takeover of HBG

Koninklijke BAM NBM nv (Royal BAM NBM) and Grupo Dragados S.A. have signed the agreement for the transfer of all the shares of Hollandsche Beton Groep (HBG) held by Grupo Dragados to Royal BAM NBM. Th ...

Corio raises profit forecast

Corio has recorded good results in the first nine months of 2002. The direct investment result per share rose 11.8% to E 1.89 compared with E 1.69 over the first nine months of 2001. On the strength o ...

Modest economic growth in third quarter

According to first estimates of Statistics Netherlands´ quarterly accounts the volume of gross domestic product (GDP) was 0.3 percent higher in the third quarter of 2002 than twelve months p ...

Mitsubishi Estate posts big rise in first half year net profit

Japan´s second-largest real estate developer, Mitsubishi Estate Co., posted a big rise in first-half group net profit on Friday and slightly raised its full-year forecast despite a looming r ...

Taubman Centers: over one-third of voting power opposed to sale of company

Taubman Centers, Inc. announced today that holders of its capital stock representing more than one-third of the total voting power are opposed to Simon Property Group’s unsolicited proposal to ...

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