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Spain's Bami raises year net profit to EUR 28 mln

Bami SA Inmobiliaria de Construcciones y Terrenos raised its full-year net profit target to EUR 28 mln from EUR 23.4 mln.The new forecast is based on the assumption that real estate company Metrovaces ...

Amsterdam builds office colossus on water

In 2005 an enormous complex of offices and apartments, including a four-star hotel, is planned for a location in the IJ, the stretch of water behind AmsterdamÂ's Central Station.IJdock, as it will be ...

Euro-zone and EU15 GDP up by 0.4%

+0.7% and +0.8% respectively compared to second quarter of 2001Gross Domestic Product (GDP) grew by 0.4% in both the euro-zone and EU15 during the second quarter of 2002, according to estimates out to ...

Real estate funds possibly in Midkap-index by next year

Next year a number of large listed Dutch real estate funds may be incorporated in the Midkap-index, one of the leading indices of the Amsterdam stock exchange. Based on FFO the real estate funds Rodam ...

Investigation into suspected market manipulation against Commerzbank

There is no reason to doubt the liquidity of German banksThe Federal Financial Supervisory Authority (BAFin) launched an initial investigation into possible market manipulation of the Commerzbank shar ...

Dexia Bank Belgium hands over five buildings to Cofinimmo

An agreement providing the acquisition by Cofinimmo from Dexia Bank of a group of 5 buildings located in Brussels was signed. These buildings are located avenue Livingstone 6, rue de la Banque 7, rue ...

Dexia Bank sells Banimmo Real Estate to Lend Lease

Lend Lease Global Properties, Luxembourg sicav managed and sponsored by the Lend Lease group in partnership with the management, acquired all shares of the Banimmo Real Estate group.In August 2000, Ar ...

US office real estate stabilizes in third quarter

First drop in national sublease space since fourth quarter 2000The U.S. real estate market is showing signs of stabilizing, according to Cushman & Wakefield, the worldÂ's largest fully integrated ...

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