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Simon Property Group announces 12.7% increase in second quarter FFO

Declares common and preferred stock dividendsSimon Property Group, Inc. yesterday announced results for the quarter and six months ended June 30, 2002. Diluted funds from operations for the quarter in ...

Property continues to outperform

LONDON-Property returns are improving, according to Jones Lang LaSalle’s Property Index for the second quarter of 2002. Commercial property produced an average quarterly return of 4.0% and an a ...

AXA REIM reassesses AXA’s stake in SIMCO in order to optimize it

AXA Real Estate Investment Managers France (AXA Group), which manages AXA entities’ stakes in real estate, including approximately 31% in SIMCO, announces its reassessment of this holding in or ...

Euro-zone inflation estimated at 1.9%

Euro-zone1 annual inflation2 is expected to be 1.9% in July 2002, up from 1.8% in June 2002, according to a flash estimate issued today by Eurostat - the Statistical Office of the European Communities ...

Westfield Trust reports 9.7% increase

Westfield Trust today announced a net profit after tax of $234.8 million for the half year ended 30 June 2002, an increase of 9.7% on the same period last year.This represents a distribution of 11.73 ...

Lend Lease increases stake in US REIT Manager

Lend Lease Real Estate Investments, Inc. announced today that it has increased its 50% ownership stake in Lend Lease Rosen Real Estate Securities, Inc. to 74.9% and has entered into a three-year agree ...

Freshfields Bruckhaus Deringer advises on Vesteda's innovative €1.4 bln securitisation

Freshfields Bruckhaus Deringer has acted as legal adviser to Deutsche Bank as lead manager on a €1.4 billion securitisation of a residential property portfolio owned by Vesteda Woningen.The tran ...

ING Real Estate takes Corner Stone Investor position in Singapore’s first REIT

Recently the CapitaMall Trust has been listed, the first real estate investment trust on the Singapore Stock Exchange. The trust has been launched by CapitaLand, ING Real Estate’s Joint Venture ...

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