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Pirelli Real Estate and Morgan Stanley launch real estate venture

ItalyÂ's Pirelli & C Real Estate and Morgan Stanley Real Estate Funds announced the launch of a joint venture designed to hold the property assets of the Telecom Italia-Olivetti group. Tiglio I a ...

VastNed Retail: Board of Management transfers its responsibilities

Rob Bresser and Ton H.M. Donders, directors and founders of Foram Management BV, responsible for the Southern European Investments of VastNed Retail NV, will end their activities for this company in t ...

Measures undertaken at Dexia Bank Nederland

Financial impacts and guidance on the 3rd quarter and full year 2002 results.As a result of the continued disappointing market developments and the negative publicity around equity leasing products in ...

Schuitema realizes 16% profit increase

Net turnover of Schuitema has increased from € 2,163 mln in 2001 to € 2.260 mln in 2002 during the first nine months of this year, an increase of 4.5%. Retail turnover increased to € ...

Higher rental prices for agriculture land

The average rent of agricultural land without buildings increased by more than 11% between 2000 and 2001, reaching a price of 442 euro per hectare. This is the average increase of all types of rent pu ...

Homburg Invest Inc. net earnings third quarter up 42%

Funds from operations for the third quarter was $1.089 million or $.02 per share compared with $976 thousand in 2001, also $.02 per share. Funds from operations was up $113 thousand or 12% on property ...

Equity One and IRT Property Company announce proposed merger

Combined company will be one of the largest shopping center REITs in the SoutheastEquity One Inc. and IRT Property Company announced that they have entered into a definitive merger agreement pursuant ...

GE and Heitman Fund buy 13 Polish shopping malls

US investors GE Capital Real Estate and Heitman Central Europe Property Partners have agreed to buy 13 shopping malls in Poland for a total of EUR 200 mln. The French-owned Géant hypermarkets are t ...

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