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ING Real Estate acquires remaining 50% stake in London & Amsterdam Development

Yesterday ING Real Estate announced it has reached an agreement with its partner Ian Pearce to acquire the remaining 50% shares in real estate company London & Amsterdam Developments. The transact ...

Inflation falls to 3.3 percent in May

Inflation in the Netherlands fell to 3.3 percent in May 2002, 0.3 of a percent point lower than in April, according to Statistics Netherlands consumer price index. According to the European harmonised ...

Pirelli Real Estate initial public offering set for June 17-19

The holding that controls tyres-to-telecoms group Pirelli will begin its property management armÂ's initial public offering on June 17, according to a prospectus published in newspapers on Thursday. ...

Yesterday, Germany-based DePfa group was split into two listed institutions: a public finance bank a

The newly-created, Ireland-based DEPFA BANK PLC (not rated) will act as the parent company for the public finance bank. It is planned that 100%-owned DePfa Bank Europe PLC, which specializes in intern ...

Trizec Properties acquires full ownership of Ernst & Young Plaza in Los Angeles

Trizec Properties, Inc. announced today it has acquired full ownership of Ernst & Young Plaza, one of the premier commercial properties in downtown Los Angeles.Trizec, which already owned a 25 per ...

Major order for Boskalis in Gothenburg harbor

Royal Boskalis Westminster nv has won an order for broadening and deepening the entrance channels to the ports of Gothenburg (Sweden). The contract value exceeds EUR 30 million.The client is the Swedi ...

Rodamco Asia makes new investment in Shanghai serviced apartment complex

Rodamco Asia N.V. announced today that it has agreed to acquire Somerset Grand Shanghai, the first purpose built serviced apartment complex in the Luwan District, a prime area within the Central Busin ...

Ahold 1st quarter 2002 net earnings up 3.8% to Euro 328.0 million

Ahold, the international food retailer and foodservice operator, today announced a 3.8% rise in first quarter 2002 net earnings (first 16 weeks of the year through April 21, 2002) to Euro 328.0 millio ...

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