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General Growth Properties reports 8.3% increase in Funds From Operations per share for second quarte

General Growth Properties, Inc. today announced an 8.3% increase in Funds From Operations (FFO) per share for the quarter ended June 30, 2002. Since becoming a public company nine years ago, General G ...

ING agrees on the acquisition of a 19.2% stake in Banco Bital (Mexico

Confirms USD 200 million investmentING announced today, it has entered into an agreement with Grupo Financiero Bital for a 19.2% stake in Banco Bital, one of the leading retail banks in Mexico. This a ...

EMEA investment market strong despite falls in office rents

There is a separation of the office investment and occupier markets. The fall in rents has continued as new supply continues to exceed demand in most locations. This according to a report by CB Hillie ...

Willingness to buy falls strongest among low incomes and young people

Consumers’ willingness to buy has fallen strongly since the beginning of this year. In the first quarter the decrease was small and about the same for all income groups. The sharper drop in the ...

Equity Office sees signs of recovery in the office industry

Equity Office announces common share repurchase programEquity Office Properties Trust reported results today for the second quarter ended June 30, 2002. Funds from operations (FFO) for the second quar ...

Hines acquires leasehold interest in London's Cannon Centre

Joint venture formed with Railtrack to modernize train station and develop new office buildingHines, the international real estate firm, announced today that it has acquired from the Marylebone Warwic ...

ING Real Estate in renovation Helmond city centre

The Mayor and Aldermen of Helmond wish to enter into a long-term cooperation with the combination ING Real Estate and Amstelland Development for the development of the town plan. The municipality has ...

Amstelland shareholders support takeover of MDC

At an extraordinary general meeting of shareholders held today in The Hague, the shareholders of Amstelland NV (property development) lent their approval to an issue of shares and warrants to finance ...

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