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Enel to sell its real estate division

In its strategy to refocus on its core acticities as published on 12 September, 2002, the Board of Directors of Enel, the Italian electrical company, has announced that it intends to divest its real e ...

No U-turn on trust rescue, Aberdeen Asset Management insists

Troubled Aberdeen Asset Management insisted yesterday that it is pushing ahead with a compensation scheme for investors in Progressive Growth Unit Trust, with a plan that could see those who suffered ...

Der Spiegel: HypoVereinsbank to sell its real estate division

According to an article in Der Spiegel the HypoVereinsbank in Munich, Germany intends to sell its real estate division. The HVB plans a share split between the private banking activities and the real ...

Global investors target UK real estate

Europe remains the preferred location for cross-border investment, followed by North America and Asia Pacific, according to a new survey of global property investors commissioned by DTZ Debenham Tie L ...

Pillar to purchase new £100m shopping park development in East Manchester

Pillar Property Plc announces today that it has agreed to purchase, via development stage payments, the Crown Point North Shopping Park in East Manchester. The park is currently being developed by Ree ...

NMa clears acquisition of HBG by Royal Bam NBM

The Executive Boards of Koninklijke BAM NBM nv (Royal BAM NBM) and Hollandsche Beton Groep nv (HBG) announce that the Netherlands Competition Authority (NMa) has determined that no licence is required ...

Details of take-over bid by Ackermans & van Haaren of GIB SA

Ackermans & van Haaren N.V., a company incorporated under Belgian Law, acting in own name and for its own account as well as for account of Compagnie Nationale à Portefeuille, a company incorpo ...

Ahold sales update 3rd quarter 2002

Highlights 3rd quarter 2002 sales: „h Sales rise 5.8% to Euro 16.4 billion „h Organic sales growth (excluding currency impact) amounts to 1.5%Against the backdrop of challenging trading co ...

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