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Royal BAM NBM completes takeover of HBG

Koninklijke BAM NBM nv (Royal BAM NBM) and Grupo Dragados S.A. have signed the agreement for the transfer of all the shares of Hollandsche Beton Groep (HBG) held by Grupo Dragados to Royal BAM NBM. Th ...

Corio raises profit forecast

Corio has recorded good results in the first nine months of 2002. The direct investment result per share rose 11.8% to E 1.89 compared with E 1.69 over the first nine months of 2001. On the strength o ...

Modest economic growth in third quarter

According to first estimates of Statistics Netherlands´ quarterly accounts the volume of gross domestic product (GDP) was 0.3 percent higher in the third quarter of 2002 than twelve months p ...

Mitsubishi Estate posts big rise in first half year net profit

Japan´s second-largest real estate developer, Mitsubishi Estate Co., posted a big rise in first-half group net profit on Friday and slightly raised its full-year forecast despite a looming r ...

Taubman Centers: over one-third of voting power opposed to sale of company

Taubman Centers, Inc. announced today that holders of its capital stock representing more than one-third of the total voting power are opposed to Simon Property Group’s unsolicited proposal to ...

REDEVCO UK concludes £51.4m off-market deal with Standard Life Investments

REDEVCO UK the privately owned property investment and development company has concluded an off-market negotiation with Standard Life Investments on the purchase of a retail portfolio comprising 10 pr ...

Allianz Group´s loss third quarter EUR 2.5 billion

The Allianz Group had to accept a loss of 924 million euros during the first nine months. While a net income of 1.6 billion euros was achieved during the first six months, a loss of 2.5 billion euros ...

Simon Property: $920 mln takeover bid for Taubman

Simon Property Group, Inc. yesterday made a written offer to acquire Taubman Centers, Inc. for $17.50 per share in cash, a substantial current premium and a price higher than Taubman Centers shares ha ...

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