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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 ...

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 ...

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