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Westfield America Trust statement on WTC court ruling

In the litigation regarding the insurance issues arising from the terrorist attacks of September 11, 2001 on the World Trade Center, the Federal District Court in New York today ruled that the obligat ...

Alexandrium I Shopping Centre in Rotterdam open

Yesterday Alexandrium I Shopping Centre in Rotterdam-Prins Alexander was officially opened. Alexandrium I Shopping Centre is located in one of EuropeÂ's largest shopping areas and comprises some 135, ...

Pension funds possibly forced to increase reserves

Pension funds will be forced to increase their reserves as a result of declining stock market proces. This may lead to selling shares by pension funds on the stock market.PVK want pension funds to rep ...

Mitsui Real Estate raised its group net profit

On Tuesday, Mitsui Real Estate raised its group net profit forecast to 1.3 billion yen for the six months to September 30, up 30 percent from the previous forecast.The company, a unit of real estate d ...

HypoVereinsbank sets new quality standard for retail customers

HypoVereinsbank is setting new quality standards in advisory service for retail customers. To this end the bank has redefined the standard which customers can expect from their bank in future.The obje ...

K and H to set up real estate investment fund in Hungary

K+H Altalanos Befektetesi Alapkezelo will set up an open-ended real estate investment fund by issuing at least 200m investment units of K+H Â'Ingatlanpiaci Befektetesi JegyÂ', with nominal value of ...

Giant shopping centres are the worst performers

The largest shopping centres in the UK, those over 500,000 sq ft, have fallen out of favour with retailers reveals Donaldsons, the leading property consultancy in their annual Shopping Centre Index re ...

VastNed Retail and VastNed Offices/Industrial look into possible merger

VastNed Retail N.V. and VastNed Offices/Industrial N.V. announce they are further investigating the possibility of a merger of both funds.The investigation around the merger is still in the preliminar ...

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