Europe's merger mania creating property flood

Article Abstract:

The new European currency is increasing cost-effective real estate mergers and acquisitions in Europe. Cross border European mergers for the first six months of 1998 amounted to more than $103.5 bil, compared to only $47 bil in the first six months of 1997. The property glut is expected to be driven by property divestments from the financial services industry as well as the pharmaceutical industry, while the European automobile industry is expected to lead the acquisitions.

Mergers & Acquisitions, Economic aspects, Mergers, acquisitions and divestments, Acquisitions and mergers, Real estate industry

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EU privatization: lower business costs likely amidst a mixed bag

Article Abstract:

Utility privatization among some members of the European Union may likely reduce business costs even though some members are against privatization. Potential job losses throughout Europe have been the reason for the delay in the selling of government-owned utilities. Privatization in Great Britain has been successful especially in energy-intensive undertakings as industrial gas prices declined by roughly 48%, and industrial electricity prices fell by 10.5%

United Kingdom, International aspects, Economic policy, European Union, Privatization, Privatization (Business)

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IDRC Zurich World Congress accents Europe's multi-faceted real estate challenges

Article Abstract:

The Industrial Development Research Council has concluded that Europe must adapt to new working arrangements in industrial site selection and other areas, but must take national and cultural differences into account, and also adapt to change at a slower pace than the US.

Europe, Subdividers and developers, not elsewhere classified, Industrial Real Estate Developers, Land Subdivision and Land Development, Planning, Industrial sites, Real estate developers, Conferences, meetings and seminars, Industrial Development Research Council

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