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Macerich says to buy Westcor Realty for $742 mln

Mall owner Macerich Co. MAC.N said on Friday it agreed to buy Westcor Realty Limited Partnership for $742 million in cash and securities in a move to strengthen its position as a mall developer in the ...

Euro-zone inflation estimated at 2.0%

Euro-zone1 annual inflation2 is expected to be 2.0 % in May 2002, down from 2.4% in April 2002, according to a flash estimate issued today by Eurostat - the Statistical Office of the European Communit ...

KPNQwest removed from AEX Index and Amsterdam Telecom Sector Index (ATSX) as from 6 June

KPNQwest options unaffectedEuronext hereby announces that KPNQwest will be removed from the AEX index as from Thursday 6 June 2002. KPNQwest will also be removed from the Amsterdam Telecom Sector inde ...

Consumption growth stable in first quarter

Individual domestic consumption increased in the first quarter of this year, although by only a modest amount. According to figures from Statistics Netherlands the volume of consumer spending was 1.5 ...

VastNed investment funds achieve higher direct investment result

VastNed Offices/Industrial N.V. in the first quarter of 2002 achieved a gross rental income of Euro 27.5 million (first quarter 2001: Euro 25.8 million). This represents an increase of 6.5%. This incr ...

Celogix Property Fund expands its logistics portfolio in The Netherlands

CELOGIX Property Fund, the logistics property fund, has bought a new modern logistics distribution centre at Waddinxveen, in Distripark A12, the Netherlands. The property has a floor space of 150,000 ...

Rents down as buy-to-let property floods the market

Buy-to-let properties flooding on to the lettings market have pushed rents down for the first time in over two years, says RICS in its latest survey of the UK lettings market, published today (30 May) ...

Fortis: a strong start to the year

During the first quarter of 2002, against the backdrop of a continuing weak economy, Fortis realised a net operating profit of EUR 831 million, an increase of 7%. This is the highest net operating pro ...

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