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ROZ/IPD: yield on real estate down again

Total yield on real estate has decreased from 9% in the second quarter 2002 to 8.2% during the third quarter. The management portfolio decreased from 8.8% to 8%. Retail investments score best with a y ...

Great Portland announces £75 million property disposals

Great Portland Estates P.L.C. announces property sales of £75.5 million in two separate transactions, generating a profit against March 2002 book values of £1.1 million, net of costs.In London, ...

GIB Group removed from Next 150 index

Following the official result of the takeover bid by the Belgium company Ackermans & van Haaren (NextPrime index) for the Belgium company GIB Group (Next 150 index), GIB Group will be removed from ...

DIM Vastgoed: intrinsic value increases again

The intrinsic value per share of real estate investment fund DIM Vastgoed N.V. amounted US$ 14.79 as per October 31, 2002. On September 30, 2002 the intrinsic value was US$ 14.65. Closing price on the ...

Foreign investment in U.S. real estate tops $44 bln

Foreign investment in U.S. real estate increased to $44 billion (43.12 billion Euros) in 2001, up from $38 billion (37.24 billion Euros) in 1997, according to a recent study released by the National A ...

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 ...

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