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Oppenheim considers divesting € 600 mln of Dutch real estate

The German investment company Sal. Oppenheim jr. & Cie. considers to gradually halve her direct real estate investments in the Netherlands when the new regulation to abolish the fiscal depreciatio ...

No further fall consumer confidence

In October the consumer confidence index was –33, two points down on September’s index, typical of this time of year. The seasonally adjusted figures show consumer confidence remained st ...

Institutional investors to buy state owned land

The State wants to interest institutional investors to buy state owned land. In this way the government wants to collect € 110 mln in 2003 and 2004. Proceeds are to be invested in safety regulat ...

Companies want new industrial park near Eemnes

Companies in Soest, Bunschoten and Baarn insist on a new industrial park in the polder near Eemnes. Despite the resisitance by the City Council of Eemnes and the present economic climate, the companie ...

Majority of close-ended real estate funds do not meet initial objectives

More than half of all close-ended real estates funds offered on the German market did not meet their initial objectives. This is the result of a study by FondsMedia. Furthermore, only one-third of all ...

Redevco UK sells distribution centre and three retail stores

REDEVCO UK, the privately owned property investment and development company has disposed of the last remaining former C & A distribution centre in Woking for €12.9 m to industrial specialist ...

Lend Lease's response to market speculation

In response to speculative articles in the Australian Financial Review today, Lend Lease wishes to reiterate its position in relation to its strategic review of its Real Estate Investments ('REI') bus ...

Skanska is selling shopping center in Borås, Sweden, for SEK 130 mln

Skanska is selling its Armbåga 3 property, part of the Knalleland shopping center in Borås, in western of Sweden. The selling price of SEK 130 mln reflects a capital gain of SEK 78 mln. The purc ...

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