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Singapore pushes new financial downtown amid downturn

Singapore is pushing ahead with an ambitious plan to build a new hub for banks, brokerages and other businesses despite a glut in the office market and a downturn in the financial sector.National Deve ...

BAM NBM has taken cognisance concerning takeover HBG

The Executive Board of Royal BAM NBM has taken cognisance of the advice of the Minister of Economic Affairs concerning his request to the European Commission to allow the clearance of the proposed tak ...

International trade down again

The value of goods imported and exported from the Netherlands was lower in June 2002 than in June 2001. Ever since September 2001 imports and exports have been in decline.According to preliminary figu ...

West End performance of London office market

Driven in large part by West End lettings and the City investment market, the performance of the central London office market has improved significantly in the second quarter of 2002, according to DTZ ...

Prague prime office rents stabilise

Rents for top quality office space in Prague have stabilised at just over EUR 18.50/sq m/month.Leasing turnover in the market is good, but a lot of it is due to relocation of existing occupiers into m ...

London City vacancies rise as deals dry up

The slowdown in the City of London office market is continuing, with take-up falling by 23% in the second quarter of 2002, according to King Sturge. The broker calculates that just 448,000 sf was leas ...

Vendex KBB reports satisfactory sales increase in economic slowdown

Royal Vendex KBB N.V. recorded generally higher sales in the first half of the fiscal year 2002/03 (February to July).Excluding the effects of divestments and acquisitions, the sales of five of the si ...

MDAX listing for Aareal Bank

Yesterday, the Management Board of Deutsche Börse AG decided to include Aareal Bank in the MDAX from 20 September 2002. With its stock exchange trading volume (ranked 56) and market capitalisation ...

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