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Simon Property Group will replace Conexant Systems Inc. in the S&P 500 Index

Standard & PoorÂ's on Thursday said Simon Property Group will replace Conexant Systems Inc. in the S&P 500 Index, on a date to be announced later.Communications chip maker Conexant Systems is ...

Pirelli Real Estate sets price at bottom of range

ItalyÂ's Pirelli & C. Real Estate has set its flotation price at 26 euros, the company said on Thursday, at the bottom of its 26-31.5 euro range.In a statement, the property arm of Pirelli & ...

Redevco sells off former c&A units

Redevco has sold off a portfolio of 10 former C&A stores. Standard Life Investments has agreed a STG 28.3 million deal for the string of buildings.The portfoliop produces a rental income of around ...

Rodamco Asia's shareholders accept dividend proposal

At yesterdayÂ's Annual General Meeting of Shareholders of Rodamco Asia N.V. the shareholders adopted the dividend proposal for the financial year 2001/2002.The dividend proposal entailed the followin ...

Arcadis awarded U.S. military contracts in Germany

ARCADIS announced today that it has recently been awarded a series of contracts for the United States military, including an IDT-Contract (Indefinite Delivery Type Contract) awarded by the USAFE Contr ...

Prologis forms $1 bln Japanese property fund

GIC Real Estate Invests $300 Million in Equity; ProLogis To Retain 20% Ownership of Fund and Manage PropertiesProLogis, a leading global provider of distribution facilities and services, announced tod ...

Unemployment on the rise

Unemployment went up in recent months. According to the latest figures by Statistics Netherlands, the number of registered unemployed averaged 159 thousand in the period March-May.Upward trend in unem ...

Complete rejection of claims by Albada Jelgersma and Deminor against Laurus

This morning the Rotterdam Court rendered an immediate judgement (‘Kort gedingÂ') on demands made by two holdingcompanies controlled by Mr. E.Th.A.C. Albada Jelgersma and Deminor Nederland B.V ...

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