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Euro-zone unemployment stable at 8.3%

EU15 steady at 7.7%Euro-zone seasonally-adjusted unemployment stood at 8.3% in August 2002, unchanged compared to July, Eurostat - Statistical Office of the European Communities in Luxembourg - report ...

Westfield America Trust expands US portfolio after joint venture with Prudential

Westfield America Trust and Prudential plc announced today that they have entered into a letter of intent for Westfield America to acquire a 50% interest in Fashion Square Sherman Oaks, Los Angeles, ...

Land sale by Deutsche Bahn still in the open

The planned billion Euro land sale by the Deutsche Bahn is still in the open. 'Nobody signed any contract', according to CEO of the Deutsche BahnÂ's real estate company Aurelis, Willi Pfaffenhausen. ...

German institutional investors will further reduce share holdings

During the next two years German institutional investors will further reduce their share holdings. This is the result of a study by the Greenwich Associates. During the past two years on average portf ...

Third quarter statistics show downtown Manhattan vacancy rate dropped in September

Cushman & Wakefield day before yesterday released third quarter statistics for the Manhattan office real estate market that indicate the first reversal in a rising Downtown vacancy-rate trend that ...

San Francisco office glut to continue

San FranciscoÂ's commercial real estate market, hammered by the cityÂ's dot-com bust, technology meltdown and financial services shakeout, will have a vast supply of empty office space for years to ...

Acquisition of Fortis Assurances (France) by Swiss Life not approved

The French Minister of Economy and Finance, after receiving advice from the supervisory authorities and the advisory bodies, and acting in the interest of policyholders, has just announced its opposit ...

Labour participation high in the Netherlands

In an international perspective, labour participation is high in the Netherlands. In 2001 just over 74 percent of the total population aged between 15 and 64 years had a paid job. The EU average was s ...

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