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Pirelli holding to sell up to 40 pct of property arm

The holding company that controls the Pirelli PIRI.MI cables-to-tyres group plans to sell up to 40 percent of its real estate division in an intial public offer, the holding Pirelli & C. PECI.MI s ...

Aegis Realty quarterly profits up

Real estate investment trust Aegis Realty Inc. on Friday reported a 10.3 percent increase in first-quarter funds from operations (FFO), and also announced that Chief Financial Officer Michael Wirth is ...

London City market shows its resilience

Despite the partial paralysis felt in the City market in Q4 of 2001, the City has witnessed an increase in letting activity. International Property Consultants, King Sturge, states in their latest Cit ...

Net profit Haslemere first quarter 2002 GBP 16.8 million

Haslemere N.V. reports net profits of GBP 16.8 (EUR 27.4) million over the first three months (1 January 2002 to 31 March 2002) of the financial year ended 31 December 2002, compared with GBP 16.5 (EU ...

Rodamco North America: liquidation payment on all RNA shares

Rodamco North America N.V. in liquidation today announced that following the transfer of the assets and liabilities of the Company to Westfield America Trust, Simon Property Group and The Rouse Compan ...

Coffee shops are the cream of shopping centres

According to the latest King Sturge Retail Tenant Survey, coffee shops are more important to a shopping centre than pubs.60% of shopping centre and retail park tenants believe that coffee shops add th ...

West End investment activity plummets to lows not seen since the early 1990’s

Investment activity in the West End during the first quarter of 2002 has plummeted to levels not seen since the early 1990’s, says international property adviser FPDSavills.According to FPDSavi ...

Wereldhave: profit after tax EUR 28.9 mln during first quarter 2002

Highlights: * 23% higher profit * profit per share increases by 11% * purchase of Itäkeskus shopping centre contributes to the development of profitResults first quarter 2002 Profit after tax for t ...

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