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New VastNed CEO wants to divest office portfolio if merger is not succesful

If shareholders block a merger between VastNed Retail and VastNed O/I, growth will be purseud in the retail fund, possiblt by acquisitions or a merger, and the office portfolio will be sold.In the mos ...

Unemployment increasing more slowly

The number of registered unemployed in the Netherlands rose to 172 thousand in the third quarter of this year. The rate hardly changed in the summer. According to figures from Statistics Netherlands, ...

Industrial production up by 0.6% in euro-zone

Up by 0.3% in EU15Seasonally adjusted industrial production increased by 0.6% in the euro-zone in August 2002 compared to July 2002, Eurostat, the Statistical Office of the European Communities in Lux ...

Emerging Trends in Real Estate Report: delayed recovery until 2004 in US

The weak economy and its related effects will soften the U.S. commercial real estate markets for at least another year, according to the commercial real estate industryÂ's most comprehensive annual f ...

ING and The Bank of New York intend to create global commercial alliance

ING and The Bank of New York today announced that they intend to create a European commercial alliance. The alliance will focus on sales, marketing and servicing of global custody and related services ...

IVBN: shocked by proposal to abolish fiscal depreciation commercial real estate

State Secretary Van Eijck of the Ministry of Finance introduced a proposal to abolish the fiscal depreciation on commercial real estate as per Janyuary 1, 2003. The IVBN, the Association of Institutio ...

Cushman & Wakefield sees signs of US office market stabilization

First drop in national sublease space since the fourth quarterThe U.S. real estate market is showing signs of stabilizing, according to Cushman & Wakefield, the worldÂ's largest fully integrated ...

ProLogis signs two new customers in Germany

ProLogis, a leading global provider of distribution facilities and services, announced yesterday that it has signed two new leases, totaling 20,000 m2 of distribution space, to Kayaba Europe GmbH near ...

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