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AXA and Credit Foncier de France (CFF) reach an agreement with GECINA on their stakes in SIMCO

GECINA, AXA and Credit Foncier de France announce today that they have reached an agreement on the conditions under which AXAÂ's and Credit Foncier de FranceÂ's stakes (31.7% et 20.9% respectively) ...

Trammell Crow reports quarterly profit decline

Trammell Crow Co. said on Wednesday it reported a decline in its second-quarter earnings due to a drop in demand for new office space.The diversified commercial real estate services company said it ea ...

Manufacturing turnover down in first six months

Turnover in the Dutch manufacturing industry was 4 percent lower in the first six months of 2002 than in the corresponding period in the previous year.According to figures from Statistics Netherlands, ...

Regional unemployment rates ranged from 1.2% to 33.3% in the EU in 2001

A similar spread in the CECC: from 2.0% to 32.8%Within the EU and the CECC (Central European candidate countries1), regional unemployment rates varied widely in 2001. Rates in the EU ranged from 1.2% ...

EU clears Klepierre's purchase of stake in Italy's IGC

On Monday the European Union Commission approved French real-estate company Klepierre SAÂ's, a unit of BNP Paribas, purchase of a 40% stake in ItalyÂ's Immobiliare Gallerie Commerciali Spa. The deal ...

European office rents on the slide

Office rents are continuing to fall throughout Europe, the Middle East and Africa. This according to a report published by CB Richard Ellis. In Europe, average rents fell 2.2% during the second quarte ...

Lend Lease Global Properties SICAF acquires Akeler Holdings SA

Lend Lease Corporation Limited today announced that Lend Lease Global Properties, SICAF, a Luxembourg-based opportunistic real estate investment company, has acquired Akeler Holdings S.A., a private r ...

More home mortgages

In the second quarter of 2002, 127 thousand new home mortgages were registered in the Netherlands, a 5 percent rise compared to the second quarter in 2001.The number of renegotiated mortgages grew rem ...

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