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Regus turnover down 11.2% for third quarter

In the third quarter global revenues fell 11.2% to £109.3 million from £123.1 million in the same period last year. Pre-tax losses were £15.4 million compared with a £98 million loss in th ...

European office rents on the slide

The recent decline in office demand in the major European cities has led to a flood of negative commentary on the state of the market and the underlying strength of the property market. This underlyin ...

ICA Ahold en Aegon to agree on joint venture

ICA Ahold and AEGON The Netherlands expect to conclude negotiations on a 50/50 joint venture in the ICA Ahold subsidiary ICA Banken (based in Solna, Sweden), for the provision of financial services th ...

Aegon: net income Eur 429 mln third quarter 2002; per share Eur 0.30

AEGON´´s Executive Board Chairman, Donald J. Shepard said: 'Earnings for the third quarter were in line with our expectations. New business production increased in the US, while we ...

Euro-zone and EU15 GDP up by 0.4%

+0.7% and +0.8% respectively compared to second quarter of 2001Gross Domestic Product (GDP) grew by 0.4% in both the euro-zone and the EU15 during the second quarter of 2002, according to estimates ou ...

ECB: interest rates unchanged

At today´s meeting the Governing Council of the ECB decided that the minimum bid rate on the main refinancing operations and the interest rates on the marginal lending facility and the depos ...

The U.S. Federal Reserve Board is monitoring commercial real estate

The U.S. Federal Reserve is monitoring rapidly growing vacancy rates in commercial real estate and a surge in consumer credit. Overall, banks have less exposure to the slumping nonresidential housing ...

Insignia Financial third quarter EBITDA up 27.1%

Insignia Financial Group, Inc., a leading provider of international real estate and financial services, today reported results from operations for the quarter and the nine months ended September 30, 2 ...

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