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ABB sells real estate in Sweden for US$ 300 million

Sale part of financial strategyABB, the global power and automation technology group, announced today it has sold its property portfolio in Sweden to London & Regional Properties Ltd. (LRP) for US ...

Glimcher Realty Trust announces public offering of 3,000,000 shares of common stock at $17.82 per sh

Glimcher Realty Trust, one of the US premier retail REITs, announced today the public offering of 3,000,000 shares of common stock at a price of $17.82 per share underwritten by Deutsche Bank Securiti ...

Pirelli Real Estate slides 10 pct on debut

Shares in ItalyÂ's Pirelli & C. Real Estate fell 10 percent on their debut on Tuesday on concern that the shares -- and the countryÂ's property market -- were overpriced.The IPOÂ's reception wa ...

Simon Property Group to issue up to 9 million shares of common stock

Simon Property Group, Inc. announced today that as a result of the decision by Standard and PoorÂ's Corporation to include SimonÂ's common stock in the S&P 500 Index, it intends to issue up to 9 ...

Heijmans: negotiations with Holzmann terminated

Heijmans could not reach agreement with the receivers of the insolvent Philipp Holzmann company.Heijmans started the negotiations with clear conditions: - the risk profile of Heijmans may not change ...

Consumer confidence down again

According to Statistics Netherlands’ monthly survey, consumer confidence has fallen again in June. The index is –21, four points lower than in May. This is the fifth fall in a row. Pessi ...

Producers’ confidence unchanged

Producers’ confidence, the sentiment indicator for the manufacturing industry, was –2.3 in May 2002. This is about the same as in April (-2.0). Production was slightly higher in May than ...

Simon Property Group added to S&P 500

At the close of financial trading yesterday, Simon Property Group, Inc. was added to the S&P 500 Index. SPG is the fourth real estate investment trust (REIT) in the index.'As the largest owner and ...

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