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Metro delays real estate sale

German retailer Metro AG said on Wednesday it had put the sale of its property portfolio on hold because of uncertainty over government plans to tax real estate disposals, sending its shares tumbling. ...

NVM: still shortage industrial estates, both in terms of quantity and quality

There still is a shortage in industrial estates in the Netherlands´ largest cities. Although office parks are ample, industrial estates are very short in supply. The demand after diversified ...

Commerzbank: loss of EUR 101 mln during third quarter

The Commerzbank Group is posting a result on ordinary activities (before restructuring expenses) of minus EUR 101 mln for the third quarter of 2002 (previous year: EUR -279 mln). For the January-Septe ...

Retail turnover up

According to figures from Statistics Netherlands, the volume of turnover in the retail trade was 0.8 percent larger in the third quarter of 2002 than in the corresponding period twelve months previous ...

Architect Kolhoff designs new head office for ministries

The selection committee for the new head offices of the Ministry of Justice and the Ministry of the Interior and Kingdom Relations (BZK) in The Hague has unanimously chosen a design submitted by the G ...

Lower production in construction industry is expected due to economic slow down

Due to the economic stagnation it is expected that the production of the construction industry will decrease during 2002 and 2003. During 2001 production increased by 2.5% compared to the previous yea ...

Haslemere: disposal programme generates dividends

Dividend distribution from the share premium reserveHaslemere N.V. reports a net profit of £42.1 (EUR 66.9) million for the nine-month period ended 30 September 2002, compared with £50.3 (EUR 79 ...

Parliament wants government to reconsider abolishment deduction fiscal depreciation commercial real

Government´s coalition parties urge State Secretary Steven van Eijck of the Ministry of Finance to withdraw his plans to abolish the fiscal deduction of depreciation on commercial real estat ...

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