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Rodamco Europe acquires its first retail factory outlet centre in Spain

Rodamco Europe has acquired the 15,600 m² Sevilla Factory in Dos Hermanas, Seville for EUR 24.34 million, producing a net initial yield of 7.5%. The acquisition strengthens Rodamco EuropeÂ's posit ...

Rodamco Asia: extension of date of completion for acquisition of 'SGS'

Rodamco Asia N.V. today announced that the date of completion of its acquisition of Somerset Grand Shanghai, a serviced apartment complex in Shanghai, China, has been extended to 31 August 2002, due t ...

Vacancy rate in Amsterdam 'worrying'

Supply of office space in the five major Dutch cities has increased substantially during the second quarter. The vacancy rate in Amsterdam and Eindhoven are even 'worrying'. This is the conclusion of ...

Volume of retail trade up by 0.7% in euro-zone

EU15 up by 1.6%In May 2002, as compared to May 2001, the volume of retail trade1 increased by 0.7% in the euro-zone² and by 1.6% in the EU15, Eurostat, the Statistical Office of the European Commun ...

Interest rates euro-zone 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 ...

Japan land prices fall for 10th straight year

Land prices in Japan fell for a 10th straight year in 2001, according to government data released on Friday, spelling more bad news for ailing businesses stuck with land bought in the bubble years and ...

ProLogis declares dividend on common shares

ProLogis, a leading global provider of distribution services and facilities, announced yesterday that its Board declared ProLogisÂ' third quarter dividend of $0.355 per common share, payable on Augus ...

NAREIT unveils new web site for individual investors

Investinreits.com makes it easy to learn about, and invest in, real estate stocksThe National Association of Real Estate Investment Trusts® (NAREIT) has launched www.investinreits.com, a new web si ...

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