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Construction new offices drops by 60%

The Dutch office market is having difficult times. NVB (Dutch Association of Project Developers) expects the production of new office developments to decrease by 60%. In terms of money this would mean ...

NVB: 'Government's proposal to abolish fiscal depreciation is a disaster for the office market'

GovernmentÂ's proposal to abolish the fiscal depreciation on commercial real estate will have a disastrous effect on the Dutch office market as a whole. Both Dutch and foreign investors will hesitate ...

Portuguese government started sales real estate to cut budget deficit

The Portuguese government started selling real estate last week, as part of its effort to raise cash to reduce its budget deficit.The finance ministry sold a Lisbon office building for EUR 1.52 millio ...

City of Deventer to invest EUR 85 mln in housing, infrastructure and inner city

The city of Deventer wants to be an entrpeneurial city. The city wants to reinvest the revenues from the city in the city through its real estate company. This reinvestment in spatial-fysical developm ...

ECB: interest rates unchanged

At yesterdayÂ's meeting the Governing Council of the ECB decided that the minimum bid rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit f ...

Inflation reaches 3.4% in September

Dutch inflation according to the European harmonised index was 3.7% in SeptemberAccording to Statistics Netherlands consumer price index, inflation in the Netherlands was 3.4 percent in September 2002 ...

Carrefour sales down by 1.5%

In the 3rd quarter 2002, Carrefour sales incl. VAT have decreased by 1.5% due to mainlt the negative impact of exchange rates. Before the impact of exchange rates of (-7.1%), sales increased by 5.6%.C ...

Paris real estate still on the increase

Real estate prices in Paris have increased again, after a temporary lull during the first quarter. Real estate increased ranging form 2% to 3% depending on the district.Despite the economic conditions ...

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