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GIB supports take-over bid by Ackermans & van Haaren

The Board of Directors of GIB has adopted unanimously the take-over bid by Ackermans & van Haaren and it recommends the holders to bring their shares in the bid.The full text of the opinion will b ...

Industrial producer prices up by 0.1% in euro-zone and EU15

The euro-zone and EU15 industrial producer price index increased by 0.1% in August 2002 compared with the previous month, Eurostat - Statistical Office of the European Communities in Luxembourg - esti ...

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 ...

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