Real Estate News Dec 2006

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County issues decisions on real estate tax assessment appeals
LOCK HAVEN — The Clinton County commissioners, acting as the county Assessment Appeals Board, have announced a series of decisions in connection with a recent spate of challenges to real estate tax assessments. (Sat, 09 Dec 2006 05:01:20 GMT)

Real Estate People
Jeanne Naber, a Realtor/broker with Beverly-Hanks & Associates, has received the designation of senior real estate specialist. (Sat, 09 Dec 2006 06:19:54 GMT)

Photographer tries real estate
Freelance photographer Christ Chavez is parlaying his successful small business of taking commercial and news photos into a real estate venture on Arizona Avenue. (Sat, 09 Dec 2006 07:20:55 GMT)

Chinese central bank warns on risks in real estate sector
The People's Bank of China (PBOC), the central bank, calls for caution on possible financial risks arising from fluctuations in the real estate sector. (Sat, 09 Dec 2006 07:42:08 GMT)

Real Estate Transfers
Real Estate Transfers The following property transactions, those most recently released to the Centre Daily Times, were recorded from Nov. 13, 2006, through Nov. 17, 2006, in the office of the Centre County Recorder of Deeds. (Sat, 09 Dec 2006 08:05:37 GMT)

REVIEW: 10 to read: The best real estate books of 2006
10 to read: The best real estate books of 2006 Learn to negotiate like Donald Trump, choose a good mortgage or add value to your property Robert J. Bruss (Sat, 09 Dec 2006 08:18:24 GMT)

Columnist lists year's 10 best real-estate books
Each week I read and review at least one new real-estate book. At the end of each year, it is my honor to select from these 52 books the ``top 10'' real-estate books. 2006 was an especially difficult year because there were so many new, high-quality realty books. (Sat, 09 Dec 2006 08:29:22 GMT)

Menendez still defends real estate deal
Sen. Robert Menendez's office on Friday continued to defend his real estate transaction with a nonprofit organization as a published report said a federal grand jury was hearing testimony regarding the deal. (Sat, 09 Dec 2006 09:49:04 GMT)

Median Increase In Real Estate Assessments Is 65%
Though the latest real estate boom has cooled a bit, residents will soon see its effects in their tax bills. According to the assessorʼs office, the ... (Sat, 09 Dec 2006 11:17:58 GMT)

Al Qudra Real Estate and RAK Properties sign MoU at Cityscape 2006
Al Qudra Real Estate (AQRE), a subsidiary of Al Qudra Holding, signed a Memorandum of Understanding (MoU) with RAK Properties, the largest property developer in the RAK emirate, to develop the real estate sector in the emirate. (Sat, 09 Dec 2006 13:05:20 GMT)

Starco Sells Real Estate Holdings for $170M
Starco Properties has sold its real estate assets to Normandy Real Estate Partners in a deal worth more than $170 million. The Starco portfolio consists of 10 Washington, D.C.-area office buildings totaling 786,600 square feet. (Sat, 09 Dec 2006 15:08:24 GMT)

Real Estate Briefcase
-- Jason Glast of Phyllis Browning Co. was named one of San Antonio's Platinum Top 50 Realtors for the year. According to the program's Web site, the awards recognize the 50 most successful and well-rounded real estate agents in San Antonio and surrounding areas. (Sat, 09 Dec 2006 19:43:23 GMT)

Virtual 'For Sale' Signs for the Home ; Web Site Takes Next Step in Real Estate
By THE ASSOCIATED PRESS SEATTLE A real estate site that publishes estimated values for about 70 million U.S. homes began letting homeowners and real estate agents post sale offers online Thursday. (Sat, 09 Dec 2006 21:08:23 GMT)

Winning coach loses in real estate
Ten months ago, one of Missouri's most successful basketball coaches tried his hand at real estate. Floyd Irons, the architect of a string of high school championships, bought three houses over five days in January. (Sat, 09 Dec 2006 22:17:36 GMT)

Virtual 'For Sale' Signs for the Home; Web Site Takes Next Step in Real Estate
By THE ASSOCIATED PRESS SEATTLE A real estate site that publishes estimated values for about 70 million U.S. homes began letting homeowners and real estate agents post sale offers online Thursday. (Sun, 10 Dec 2006 00:07:56 GMT)

Real Estate Scams Smash Dreams of Many
JEDDAH, 10 December 2006 — Looking to make a quick buck, many people in Jeddah are falling victims to the machinations of supposed real estate agents who offer people a chance to buy land at exceptionally cheap prices. (Sun, 10 Dec 2006 00:12:22 GMT)

TAIB Bank starts Acacia Real Estate
MANAMA — TAIB Bank, the Bahrain-based private bank, has announced the incorporation of Acacia Real Estate Limited, BVI, a new $500 million company that will provide a range of conventional and Shariah-compliant investments focused on income generating properties and select development projects. (Sun, 10 Dec 2006 03:21:22 GMT)

Photographer tries real estate
Freelance photographer Christ Chavez is parlaying his successful small business of taking commercial and news photos into a real estate venture on Arizona Avenue. (Sun, 10 Dec 2006 04:44:42 GMT)

Cooling real estate market hits the county
HOPEWELL TOWNSHIP -- In a sign of dropping real estate values, Mercer County sold a 15.9-acre parcel on Pleasant Valley Road for $200,000 less than an earlier poten tial buyer agreed to pay for the land. (Sun, 10 Dec 2006 05:30:11 GMT)

Kenneth Harney, kenharney@earthlink.net: Status of real estate market is anyone's guess
Is real estate heating up, cooling down, headed for a deeper freeze or just hanging in there despite the challenges? Pick your own theory, but the latest federal report on home real estate price appreciation offers support for each of those scenarios. The third-quarter ''house price index'' compiled by the Office of Federal Housing Enterprise Oversight examined changes under way in 275 of the (Sun, 10 Dec 2006 08:17:02 GMT)

Hawaii real estate sales delayed
This week's Hawaii real estate sales page has been delayed by data collection problems. The sales listings will resume next Sunday. (Sun, 10 Dec 2006 11:42:54 GMT)

EIIB, Islamic real estate fund
The European Islamic Investment Bank has launched the EIIB Pan-European Islamic Real Estate Fund, which is structured as a tax-efficient shariah compliant fund which will directly purchase commercial real estate assets in the office, retail and industrial sectors in and around major cities in Europe. (Sun, 10 Dec 2006 12:06:00 GMT)

More than real estate
Sam Zell may be known as the nation's largest office landlord, but his interests include barges, wineries and other financial opportunities--as long as they come with good management Sam Zell, Chicago real estate magnate, has faith in the city's long-term economic prospects and he still invests in property. But while he's known as the nation's largest office landlord, throughout his career he's (Sun, 10 Dec 2006 12:17:10 GMT)

TAIB establishes ACACIA Real Estate Limited
TAIB Bank B.S.C.(c), the Bahrain-based private bank, today announced the incorporation of Acacia Real Estate Limited, BVI, ('ACACIA'), a new US$ 500 million company that will provide a diverse range of conventional and Shariah-compliant investments focused on income generating properties and select development projects. (Sun, 10 Dec 2006 13:05:20 GMT)

Arkan Al-Kuwait Real Estate listed in KSE
As of December 11, 2006, Kuwait Stock Exchange (KSE) traders will be able to deal in shares of Arkan Al-Kuwait Real Estate Co., established by Gulf Investment House (GIH) in August 2003. (Sun, 10 Dec 2006 13:35:23 GMT)

Montco Real Estate Firm Joins with Marines in Toy Drive
A Montgomery County real estate company is using its reach to make this a happy holiday season for underprivileged kids all across the country. American Financial Realty Trust is partnering with the Marines and Toys for Tots, not just in the Philadelphia region but nationwide. (Sun, 10 Dec 2006 13:42:53 GMT)

Boom bust cycles in real estate, stocks and dollar shows stocks are headed for a massive fall in 2007
Analytical studies that involve cycle analysis in real estate, stocks, dollar and gold are revealing some interesting data. Smart money in the last 100 years have moved in and out of real estate market in a periodic sinusoidal cycle. (Sun, 10 Dec 2006 14:08:28 GMT)

Israel stocks off records; Paz Oil eases, Teva, real estate lower
TEL AVIV (MarketWatch) -- Israeli stocks fell from their records in late trading on Sunday as Paz Oil gave back a bit of its Thursday surge from its initial offering, Teva Pharmaceutical was active and lower, and the real estate sector fell -- with a couple of key exceptions. (Sun, 10 Dec 2006 15:01:16 GMT)

Former NBA star scores with real estate
HOUSTON -- A former player for the Houston Rockets is becoming as celebrated in the city's real estate circles as he was on the basketball court. (Sun, 10 Dec 2006 22:15:59 GMT)

UPDATE: Israel Stocks Off Records; Paz Oil Eases, Teva, Real Estate Lower
TEL AVIV (Dow Jones) -- Israeli stocks fell from their records in late trading on Sunday as Paz Oil gave back a bit of its Thursday surge from its initial offering, Teva Pharmaceutical was active and lower, and the real estate sector fell -- with a couple of key exceptions. (Mon, 11 Dec 2006 01:23:57 GMT)

December real estate sales off to fast start
It looks as though another banner year in Pitkin County real estate sales is going out with a bang. The first week of December saw five single-family home sales of at least $5.35 million each, punctuated by the $20 million purchase of a Red Mountain home. (Mon, 11 Dec 2006 04:11:29 GMT)

Briefing - Asia Real Estate - Dec 11, 2006
An executive briefing on real estate for Dec 11, 2006, prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, commercial intelligence and business opportunities. (Mon, 11 Dec 2006 05:01:00 GMT)

Hub commercial real estate sales to hit $10B record
Investors will have spent more than $10 billion buying commercial real estate in Boston by the end of the year, putting the city on the map as a target of global investment while jumping 40 percent from last year's record level. (Mon, 11 Dec 2006 05:24:10 GMT)

BRIEFING - ASIA REAL ESTATE - DEC 11, 2006
The development work on Golden Palms, a mega real estate project of Hashoo Group in Gwadar, would be completed by the end of next calendar year. Chairman Hashoo Group, Sadruddin Hashwani revealed this while highlighting his group's role in the development of Gwadar - the future city of Pakistan, at a press conference held here on Wednesday. (Mon, 11 Dec 2006 05:24:31 GMT)

A Booming Real Estate Market Gives Harry Macklowe the Last Laugh
"They all laughed at Rockefeller Center, now they're fighting to get in / They all laughed at Whitney and his cotton gin" (Frank Sinatra — "They All Laughed," lyrics, George Gershwin and Ira Gershwin) When Harry Macklowe, the scion of one of New York's most prominent real estate families, paid $1.4 billion in September 2003 for the General Motors Building on Fifth Avenue between 58th and 59th (Mon, 11 Dec 2006 06:45:54 GMT)

EDITOR'S NOTE: Editor's note | Experts take grim view on residential real estate
More troubled waters in residential real estate. This view comes from the trenches: More than 70 percent of real estate professionals in a University of Florida survey last week said it was a bad time to build condos; 46 percent said the same thing about single-family housing. (Mon, 11 Dec 2006 08:17:24 GMT)

REAL ESTATE FOR RENT
GLYFADA, A-CLASS LOCATION, 250 sq.m., luxurious apartment, 3 bedrooms, 1 large master bedroom with closet room, enormous lounge area and sea view, 2,500 euros. In Home Real Estate, tel 6937.377.068, www. inhomerealestate.gr. (Mon, 11 Dec 2006 08:57:20 GMT)

Crescent Real Estate Selling Project
Crescent Real Estate Equities Co., a real estate investment trust that develops office properties, said Monday it is selling a 301-unit, multi-family project in Dedham, Mass. (Mon, 11 Dec 2006 12:55:16 GMT)

Narrowstep Chosen for First Ever Panamanian Real Estate Broadband Channel
Narrowstep Inc , the TV on the Internet Company, announced today that Latin Re , a Panamanian based Marketing and Communications company catering to the Real Estate Industry, has chosen its proprietary technology system, telvOS, to launch their broadband channel which debuted on December 1st. (Mon, 11 Dec 2006 13:00:00 GMT)

Citigroup Raises $2.1 Billion for Real Estate Funds (Update1)
Dec. 11 (Bloomberg) -- Citigroup Inc.'s property unit raised $2.1 billion for its first high-return real estate funds, one for Europe and the other for North America, as the bank seeks fee income from managing investment alternatives to stocks and bonds. (Mon, 11 Dec 2006 21:58:22 GMT)

Cedar Buys $90M Worth of Real Estate
Real estate investment trust Cedar Shopping Centers Inc. said Monday it has signed a deal to buy five supermarket properties in eastern Pennsylvania for a total of $90 million. (Mon, 11 Dec 2006 23:10:36 GMT)

Real estate sweetener - a Glock
A TEXAS real estate agent looking to add more bang to her business is offering clients in law enforcement a free Glock pistol if they buy a home from her. (Mon, 11 Dec 2006 23:51:48 GMT)

Briefing - Asia Real Estate - Dec 12, 2006
An executive briefing on real estate for Dec 12, 2006, prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, commercial intelligence and business opportunities. (Tue, 12 Dec 2006 03:57:00 GMT)

Briefing - ASIA REAL ESTATE - Dec 12, 2006
The real estate in Ho Chi Minh City is enjoying a boom of investments from Asian countries and territories, particularly the Republic of Korea (RoK) and Singapore, as a series of projects worth hundreds of millions of USD in total are underway. (Tue, 12 Dec 2006 04:26:25 GMT)

HO CHI MINH CITY REAL ESTATE MARKET ENJOYS INVESTMENT BOOM
Housing The real estate in Ho Chi Minh City is enjoying a boom of investments from Asian countries and territories, particularly the Republic of Korea (RoK) and Singapore, as a series of projects worth hundreds of millions of USD in total are underway. (Tue, 12 Dec 2006 04:26:25 GMT)

EIIB Launches Sharia-Compliant Real Estate Fund,
European Islamic Investment Bank Plc (EIIB), the first independent, Sharia-compliant Islamic investment bank to be authorised and regulated by the UK Financial Services Authority, has announced the launch of a Sharia-compliant real estate fund. (Tue, 12 Dec 2006 04:29:33 GMT)

Indiabulls ups stake in real estate arm to 50.5 pct
MUMBAI, Dec 12 (Reuters) - Indiabulls Financial Services Ltd. said on Tuesday it has raised its stake in Indiabulls Real Estate Co. Pvt. Ltd. to 50.5 percent through conversion of debentures. (Tue, 12 Dec 2006 04:36:09 GMT)

Indiabulls ups stake in real estate arm to 50.5 pct
MUMBAI (Reuters) - Indiabulls Financial Services Ltd. said on Tuesday it has raised its stake in Indiabulls Real Estate Co. Pvt. Ltd. to 50.5 percent through conversion of debentures. (Tue, 12 Dec 2006 04:55:36 GMT)

Website Aims To Demystify Real Estate Fees
Real estate fees can be a frustrating part of the home buying process, but there's a new website that could make that a bit easier. There may be no business transaction as antiquated. You usually don't find out about all the real estate closing costs until you're up against a deadline. (Tue, 12 Dec 2006 05:07:56 GMT)

Real estate investors plan Christmas meeting
The Salt Lake Real Estate Investors Association will hold its annual Christmas party/meeting at 6:15 p.m. Wednesday in the Miller Auditorium of Salt Lake Community College, 9750 S. 300 West in Sandy. (Tue, 12 Dec 2006 08:02:13 GMT)

REAL ESTATE FOR RENT
AMBELOKIPI, fully furnished apartmet, luxurious, 70 sq.m., 1 bedroom , very elegant, 5 min. walking from metro, across from Palaio Psychico. HELEN'S REAL ESTATE, tel 210.77.96.536, 6944.844.415, helens@hol.gr. (Tue, 12 Dec 2006 08:57:44 GMT)

Global Asia Real Estate Fund closes
Global Investment House "Global" announced today, the initial closing of its third Real Estate Fund. (Tue, 12 Dec 2006 11:41:02 GMT)

Website Aims To Demystify Real Estate Fees
Real estate fees can be a frustrating part of the home buying process, but there's a new website that could make that a bit easier. There may be no business transaction as antiquated. You usually don't find out about all the real estate closing costs until you're up against a deadline. (Tue, 12 Dec 2006 11:59:03 GMT)

CapitaLand to raise US$630m in new Shariah compliant real estate fund
MANAMA, Bahrain: Property developer CapitaLand is planning to raise up to US$630 million through a new Shariah compliant real estate fund. The fund will invest in a waterfront development in Manama, the capital of Bahrain. (Tue, 12 Dec 2006 12:48:48 GMT)

Real estate agent gives guns to homebuyers
A Texas real estate agent looking to add more bang to her business is offering clients in law enforcement a free Glock pistol if they buy a home from her. (Tue, 12 Dec 2006 13:34:17 GMT)

Real estate company bonus to be 'paid forward'
An Aspen real estate company is giving its workers a $500 debit card that can only be spend on someone other than themselves, family or friends, according to the Aspen Daily News. (Tue, 12 Dec 2006 16:56:23 GMT)

Osmeña: Real estate licensure exam
THE Department of Trade and Industry (DTI) conducts the real estate brokers licensure exam twice a year. Since DTI established the exam in 1966, thousands have been issued the license to practice as real estate broker. (Tue, 12 Dec 2006 17:05:37 GMT)

Real Estate Agent: "Buy a House Take a Gun"
HOUSTON--Is real estate really facing a grim future? Apparently so. In an attempt to spice up her business, a Texas agent is offering a Glock pistol to clients from law enforcement if they buy a house from her. (Tue, 12 Dec 2006 17:17:37 GMT)

Clark County real estate transactions
Residential real estate transactions over $200,000 filed with the Clark County Assessor from Oct. 1-15. The information includes seller's name, buyer's name, property location, description, price and closing date. (Tue, 12 Dec 2006 17:46:32 GMT)

Website Aims To Demystify Real Estate Fees
Real estate fees can be a frustrating part of the home buying process, but there's a new website that could make that a bit easier. There may be no business transaction as antiquated. You usually don't find out about all the real estate closing costs until you're up against a deadline. (Tue, 12 Dec 2006 19:38:04 GMT)

Real estate merger shakes up local scene
One of Austin's top commercial real estate services firms is altering its name as it teams up with powerhouse Cushman & Wakefield. (Tue, 12 Dec 2006 21:09:05 GMT)

Real Estate Investors Plan Christmas Meeting
The Salt Lake Real Estate Investors Association will hold its annual Christmas party/meeting at 6:15 p.m. Wednesday in the Miller Auditorium of Salt Lake Community College, 9750 S. 300 West in Sandy. For more information, go online to slreia.com. (Tue, 12 Dec 2006 21:19:56 GMT)

Real Estate Consultant Is Third Charged In Masilotti Land Deal Case
A Palm Beach County real estate consultant is the latest to be charged in the Tony Masilotti corruption case. (Tue, 12 Dec 2006 21:57:02 GMT)

Man Accused Of Threatening Real Estate Agent
A Farmington homebuyer turned himself in to police Monday night after being accused of threatening a real estate agent for not notifying him that convicted sex offenders lived next door to his new house. (Tue, 12 Dec 2006 22:43:42 GMT)

Future of Sarasota Real Estate Market
Although experts have perceived a bleak future for Florida real estates, within the state lie a region whose real estate market continue to flourish. Sarasota continues to be a haven for vacationers and retirees with its overlooking bay and white beaches. (Tue, 12 Dec 2006 23:45:24 GMT)

Website Aims To Demystify Real Estate Fees
Real estate fees can be a frustrating part of the home buying process, but there's a new website that could make that a bit easier. There may be no business transaction as antiquated. You usually don't find out about all the real estate closing costs until you're up against a deadline. (Wed, 13 Dec 2006 01:08:54 GMT)

Briefing - Asia Real Estate - Dec 13, 2006
An executive briefing on real estate for Dec 13, 2006, prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, commercial intelligence and business opportunities. (Wed, 13 Dec 2006 04:42:00 GMT)

Real estate briefs
McLean resident P. Wesley Foster Jr., founder and chairman of Long & Foster, was named this month as one of real estate's 25 most "influential thought leaders." (Wed, 13 Dec 2006 05:08:20 GMT)

Okotoks a top spot for real estate investors
Okotoks is officially a hot spot when it comes to making a sound real estate investment. The Real Estate Investment Network (REIN) released its Top 10 list of Alberta investment towns last Tuesday with Okotoks and High River tying for sixth spot. (Wed, 13 Dec 2006 05:15:18 GMT)

Britain: Real Estate Agency Acquired
Countrywide, Britain?s largest real estate agent, said it had agreed to be taken private by the 3i Group in a deal that values the company at about $1.8 billion. The 3i Group, a private equity group based in London, bid about 551 pence ($10.76) a share for Countrywide, a premium of 90 pence to the stock price on Sept. 13, the day before the private equity company said it planned to approach ... (Wed, 13 Dec 2006 06:56:14 GMT)

Site aims to improve real estate searches
ShackPrices.com unveils a new online real estate search service in Seattle today. (Wed, 13 Dec 2006 08:16:21 GMT)

German Stocks Rise; Hypo Real Estate, Lufthansa Pace the Gain
Dec. 13 (Bloomberg) -- German stocks advanced, led by Hypo Real Estate Holding AG, Deutsche Lufthansa AG and ThyssenKrupp AG. The benchmark DAX Index added 12.07, or 0.2 percent, to 6488.24 as of 11:22 a.m. in Frankfurt. (Wed, 13 Dec 2006 10:45:22 GMT)

German Stocks Rise, Paced by Hypo Real Estate, Lufthansa Shares
Dec. 13 (Bloomberg) -- German stocks advanced, led by Hypo Real Estate Holding AG. Investors may have discovered the commercial property lender is undervalued after the latest share-price decline, an analyst said. (Wed, 13 Dec 2006 12:00:26 GMT)

Crescent Real Estate Gets $87M for Houston Office Building
Taking advantage of its location in the heart of Houston's energy corridor, Crescent Real Estate Equities Co. sold Three Westlake Park for $87.3 million, or $210 per square foot to an undisclosed advisor to a real estate investor. (Wed, 13 Dec 2006 12:13:51 GMT)

EDITOR'S NOTE: Editor's note | Experts take grim view on residential real estate
More troubled waters in residential real estate. This view comes from the trenches: More than 70 percent of real estate professionals in a University of Florida survey last week said it was a bad time to build condos; 46 percent said the same thing about single-family housing. (Wed, 13 Dec 2006 12:21:52 GMT)

German Stocks Rise, Paced by Hypo Real Estate, Lufthansa Shares
Dec. 13 (Bloomberg) -- German stocks rose, led by Hypo Real Estate Holding AG. The commercial property lender is undervalued after the latest share-price decline, an analyst said. (Wed, 13 Dec 2006 15:00:16 GMT)

Hub commercial real estate sales to hit $10B record
Investors will have spent more than $10 billion buying commercial real estate in Boston by the end of the year, putting the city on the map as a target of global investment while jumping 40 percent from last year's record level. (Wed, 13 Dec 2006 17:04:11 GMT)

Real Estate Agent Offers Guns as Incentives for Buyers
A Texas real estate agent is offering buyers a free Glock pistol if they buy a house through her. (Wed, 13 Dec 2006 17:12:30 GMT)

Ranking: St. Louis among top '06 real estate investments
HomeVestors of America Inc. recently ranked St. Louis fourth among the top 10 markets for real estate investing in 2006. (Wed, 13 Dec 2006 17:25:06 GMT)

German Stocks Rise, Paced by Hypo Real Estate, Lufthansa Shares
Dec. 13 (Bloomberg) -- German stocks rose for a fifth day, the longest winning streak since the beginning of October. Hypo Real Estate Holding AG, the commercial property lender, led the advance. (Wed, 13 Dec 2006 17:30:16 GMT)

Alexandria Real Estate Ups Dividend
Real estate investment trust Alexandria Real Estate Equities Inc. said Wednesday its board raised its quarterly cash dividend by 3 percent to 74 cents per share. (Wed, 13 Dec 2006 21:22:01 GMT)

Trulia.com Announces Real Estate Advisory Board
Ten industry leaders to provide strategic perspective to real estate search engine (Wed, 13 Dec 2006 22:03:02 GMT)

Study: Growth in Web use for real estate
A new study finds that more Americans are using the Internet to find a place to live, thanks to the greater wealth of home listings and other real-estate information online. (Thu, 14 Dec 2006 00:25:00 GMT)

Briefing - Asia Real Estate - Dec 14, 2006
An executive briefing on real estate for Dec 14, 2006, prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, commercial intelligence and business opportunities. (Thu, 14 Dec 2006 04:49:00 GMT)

Briefing - ASIA Real Estate - Dec 14, 2006
US giant Hilton Hotels Corporation announced on December 11 cooperation with RREEF, the real estate and infrastructure investment management arm of Deutsche Bank, and H&Q Asia Pacific, in jointly introducing some 20 garden inns to China. (Thu, 14 Dec 2006 04:57:16 GMT)

Eurocastle Enters EUR 2.1 Bln Definitive Deal With DB Real Estate To Acquire Properties From DB Grundbesitz Invest - ...
(RTTNews) - Thursday, Eurocastle Investment Ltd.(EUIVF.PK) said that it signed a definitive agreement with DB Real Estate to acquire 61 properties from the open-ended fund DB Grundbesitz Invest, comprising substantially all of its German commercial real estate assets, for an all-in purchase price of approximately EUR2.1 billion. (Thu, 14 Dec 2006 08:53:17 GMT)

*Eurocastle Signs Definitive Deal With DB Real Estate To Buy 61 Properties From DB Grundbesitz For EUR 2.1 Bln
(RTTNews) - Eurocastle (EUIVF.PK) signs definitive deal with DB Real Estate to buy 61 properties from DB Grundbesitz for EUR 2.1 bln. (Thu, 14 Dec 2006 08:54:28 GMT)

REAL ESTATE FOR RENT
AMBELOKIPI, fully furnished apartmet, lux, 70 sq.m., 1 bedroom , very elegant, 5 min. walk from metro, across from Palaio Psychico. HELEN'S REAL ESTATE, tel 210.77.96.536, 6944.844.415, helens@hol.gr. (Thu, 14 Dec 2006 08:59:18 GMT)

Chinese Spending on Real Estate Grows
The pace of China's spending on real estate and other fixed assets jumped in November despite official controls meant to slow an investment boom that economists worry could ignite a financial crisis, according to data released Thursday. (Thu, 14 Dec 2006 09:23:27 GMT)

Eurocastle Signs Deal With DB Real Estate To Purchase 61 Properties From DB Grundbesitz Invest For EUR 2.1 Bln - Update
(RTTNews) - Early Thursday, Eurocastle Investment Ltd. (EUIVF.PK), a closed-ended investment company, revealed that it has signed a definitive deal with DB Real Estate to acquire 61 properties from the open-ended fund DB Grundbesitz Invest. (Thu, 14 Dec 2006 10:09:22 GMT)

Bayou real estate market slows
BAYOU LA BATRE -- The tide of the real estate market here has rushed out as quickly as it rolled in last year, real estate agents and property owners say. But all said they expect investors -- and their cash -- to roll into town again eventually. (Thu, 14 Dec 2006 10:14:42 GMT)

Website Aims To Demystify Real Estate Fees
Real estate fees can be a frustrating part of the home buying process, but there's a new website that could make that a bit easier. There may be no business transaction as antiquated. You usually don't find out about all the real estate closing costs until you're up against a deadline. (Thu, 14 Dec 2006 10:26:05 GMT)

KC real estate broker pleads guilty to fraud
Kansas City real estate broker and investor Doris J. Taylor pleaded guilty Wednesday in federal court in Kansas City to transferring across state lines money obtained fraudulently. (Thu, 14 Dec 2006 14:31:48 GMT)

Israel stocks ease as tech and real estate lose ground
TEL AVIV (MarketWatch) -- Israeli stocks in the benchmark indexes were down slightly in late trading Thursday, as the tech and real estate sectors slumped. (Thu, 14 Dec 2006 15:24:29 GMT)

Angelo Cali, 91, co-founder of real estate company
EDISON, N.J. - Angelo R. Cali, who co-founded a real estate company that eventually became part of Mack-Cali Realty Corp., has died, the real estate investment trust announced. (Thu, 14 Dec 2006 17:05:42 GMT)

Experts dismiss 'sky is falling' outlook on local real estate markets
Warnings about a decline in San Diego's residential real estate market have merit, but commercial and industrial real estate will likely have an average year in 2007, according to a panel of industry experts. (Thu, 14 Dec 2006 17:33:36 GMT)

U.S. Commercial Real Estate Investment to Set Record (Update1)
Dec. 14 (Bloomberg) -- U.S. commercial real estate investment is likely to set a record this year, driven by rising rents and occupancies in office and industrial buildings, the National Association of Realtors said. (Thu, 14 Dec 2006 18:54:28 GMT)

Minister suggests real estate ombudsman
A real estate ombudsman is one of the proposals Associate Justice Minister Clayton Cosgrove is considering as he looks for ways to deal with unscrupulous companies. (Thu, 14 Dec 2006 19:25:21 GMT)

Real estate 'sharks' to get message
The Government is threatening a radical shake-up to the troubled real estate industry after it refused to bow to pressure and appoint an independent watchdog. (Thu, 14 Dec 2006 19:25:41 GMT)

Real estate industry proposals fall short
Associate Justice Minister Clayton Cosgrove said he was disappointed with industry proposals to improve the regulation of real estate agents presented by the Real Estate Institute of New Zealand (REINZ) at a meeting today. (Thu, 14 Dec 2006 20:01:50 GMT)

Vala in, real estate developers get ready for boom time
Finance Minister is known for opening up new vistas of real estate development When Vajubhai Vala was being sworn in as the State Finance Minister on Wednesday, the most jubilant were real estate developers and builders. After all, it was Vala whose 'pro-development' policies during his earlier tenure as finance minister had put them on a firm ground! From their past experience, realtors ... (Thu, 14 Dec 2006 20:14:46 GMT)

Waterfront home sets real estate record
A SYDNEY waterfront home has become Australia's most valuable piece of real estate, selling for $21,000 a square metre. (Thu, 14 Dec 2006 20:44:49 GMT)

Real estate firm welcomes industry 'clean up'
Fixed-fee real estate company The Joneses has welcomed government moves to raise industry standards. (Thu, 14 Dec 2006 23:31:40 GMT)

India's real estate sector booms, but first-time buyers beware
NEW DELHI (AFP) - India's real estate market is in overdrive as developers snap up land to build malls and housing enclaves, but high prices and opaque rules make it hard for first-time buyers to land a dream home. (Fri, 15 Dec 2006 03:19:00 GMT)

UAE firm set to launch $650m real estate funds
DUBAI — Dubai-based asset management firm, Signature Group, is on the verge of launching several real estate funds for investment in the UAE and India, totalling in excess of $650 million. (Fri, 15 Dec 2006 04:11:03 GMT)

Briefing - Asia Real Estate - Dec 15, 2006
An executive briefing on real estate for Dec 15, 2006, prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, commercial intelligence and business opportunities. (Fri, 15 Dec 2006 04:33:00 GMT)

Briefing - ASIA REAL ESTATE - Dec 15, 2006
Real estate data provider, RP Data Ltd (ASX:RPX), will branch out into more sophisticated information products after becoming a publicly listed company again, following a $A72 million ($US56.26 million) initial public offering (IPO). (Fri, 15 Dec 2006 04:58:02 GMT)

Angelo R. Cali, 91, Founder of Real Estate Trust, Dies
Angelo R. Cali?s family-owned real estate development company merged with the Mack Company in 1997 to create one of the country?s largest real estate investment trusts. (Fri, 15 Dec 2006 05:28:32 GMT)

Tax-saving strategies for real-estate investors
SAN FRANCISCO (MarketWatch) -- The easing market may be worrying those who invested in real estate this year, but to avoid facing even more financial pain at tax time, those investors should consider the following year-end tax strategies. (Fri, 15 Dec 2006 06:09:20 GMT)

India's real estate sector booms, but first-time buyers beware
India's real estate market is in overdrive as developers snap up land to build malls and housing enclaves, but high prices and opaque rules make it hard for first-time buyers to land a dream home. (Fri, 15 Dec 2006 06:37:54 GMT)

Website Aims To Demystify Real Estate Fees
Real estate fees can be a frustrating part of the home buying process, but there's a new website that could make that a bit easier. There may be no business transaction as antiquated. You usually don't find out about all the real estate closing costs until you're up against a deadline. (Fri, 15 Dec 2006 08:42:45 GMT)

REAL ESTATE FOR RENT
AMPELOKIPI, fully furnished apartmet, lux, 70 sq.m., 1 bedroom, very elegant, 5 min. walk from metro, across Palaio Psychico. HELEN'S REAL ESTATE, tel 210.77.96.536, 6944.844.415, helens@ hol.gr. (Fri, 15 Dec 2006 08:59:47 GMT)

German Stocks Advance, Led by Hypo Real Estate, Altana and E.ON
Dec. 15 (Bloomberg) -- German stocks rose for seventh session, paced by Altana AG after Deutsche Bank AG recommended investors buy shares of the drug and chemical maker that's selling its pharmaceuticals unit. Hypo Real Estate Holding AG and E.ON AG also gained. (Fri, 15 Dec 2006 09:45:16 GMT)

Copter Crash Kills Pilot, Real Estate Developer
A real estate developer from Olney who owned a small share in the Washington Capitals hockey team was killed late yesterday when the helicopter he was riding in crashed in Delaware, state police there said. The pilot of the helicopter also died. (Fri, 15 Dec 2006 15:34:21 GMT)

Fiat Sells Real Estate Services Op
Auto maker Fiat SpA said Friday it agreed to sell a real estate services operation to Pirelli RE Facility Management for euro50 million . (Fri, 15 Dec 2006 15:48:24 GMT)

Red-Hot Real Estate Market Cools Off
Oil prices, scandals and mergers all made news in 2006, but it was the ups and downs of the real estate market that hit American consumers where they live, literally. (Fri, 15 Dec 2006 16:05:46 GMT)

Pirelli Buys Fiat Real Estate Services
Auto maker Fiat said Friday it agreed to sell a real estate services operation to Pirelli RE Facility Management for 50 million euros . (Fri, 15 Dec 2006 16:33:34 GMT)

German DAX Index Rises, Led by Hypo Real Estate; Conergy Jumps
Dec. 15 (Bloomberg) -- German stocks rose for a seventh session, the longest winning streak since December last year. Hypo Real Estate Holding AG and E.ON AG led rising shares. (Fri, 15 Dec 2006 17:30:16 GMT)

Real Estate Live
Welcome to Real Estate Live, an online discussion of the Washington area housing market with Post Real Estate editor Maryann Haggerty. (Fri, 15 Dec 2006 20:00:16 GMT)

The Top Reads On Real Estate
Each week, in addition to writing my Real Estate Mailbag advice column, I read and review at least one new real estate book. At the end of each year, I select the best of those 52. (Fri, 15 Dec 2006 21:39:50 GMT)

Tahoe real estate agents evolve
Evolution was the theme of the evening as real estate agents on the South Shore of Lake Tahoe recognized the need to adapt to the changing market. (Fri, 15 Dec 2006 22:18:36 GMT)

Cape couple accused in real estate scam
Cape Coral residents Ronald and Lisa Luczak are facing charges in an alleged multi-million dollar real estate scam. It's the same case that put a Cape Coral Police officer behind bars. We spoke to neighbors of the couple to find out more about them. (Fri, 15 Dec 2006 23:51:59 GMT)

Cali started huge real estate trust
Angelo R. Cali, whose family-owned real estate development company merged with the Mack Co. in 1997 to create one of the country's largest real estate investment trusts, died last Friday in Montclair, N.J., his hometown. He was 91. (Sat, 16 Dec 2006 05:42:17 GMT)

Real Estate Transfers
Real Estate Transfers The following property transactions, those most recently released to the Centre Daily Times, were recorded from Nov. 17, 2006, through November 22, 2006, in the office of the Centre County Recorder of Deeds. (Sat, 16 Dec 2006 08:15:02 GMT)

Angelo R. Cali, founder of real estate trust
He helped launch Cali Reality in 1949 Angelo R. Cali, whose family-owned real estate development company merged with the Mack Co. in 1997 to create one of the country's largest real estate investment trusts, died last Friday in Montclair, N.J., his hometown. He was 91. (Sat, 16 Dec 2006 08:27:16 GMT)

Fazio loses real estate license
Convicted Des Moines-area real estate swindler Leonard Fazio lost his license to sell houses on Friday - three months after he began serving a... (Sat, 16 Dec 2006 10:20:20 GMT)

REAL ESTATE FOR RENT
AMPELOKIPI, fully furnished apartmet, lux, 70 sq.m., 1 bedroom, very elegant, 5 min. walk from metro, across Palaio Psychico. HELEN'S REAL ESTATE, tel 210.77.96.536, 6944.844.415, helens@ hol.gr. (Sat, 16 Dec 2006 12:14:19 GMT)

Real estate slowdown persists in November
By CHRISTIE SMYTHE Staff Writer The slowdown in the real estate market showed no letting up in November, according to statistics released Wednesday by the Cape Cod & Islands Association of Realtors. (Sat, 16 Dec 2006 12:55:15 GMT)

Real estate fraud trial under way in N. County
Dec. 16 (UNION-TRIBUNE): Testimony began this week in a trial in which operators of a North County real estate venture are accused of defrauding investors out of more than $1 million and promising homes that were never built. (Sat, 16 Dec 2006 18:06:14 GMT)

• Collusion on real estate commissions
Greg Hackman, a Roscoe real estate broker claims that his company went bankrupt when realtors and some of the Rock River Valley’s largest real estate companies intimidated him into increasing his real estate commission to 7 percent. (Sat, 16 Dec 2006 23:58:43 GMT)

Website Aims To Demystify Real Estate Fees
Real estate fees can be a frustrating part of the home buying process, but there's a new website that could make that a bit easier. There may be no business transaction as antiquated. You usually don't find out about all the real estate closing costs until you're up against a deadline. (Sat, 16 Dec 2006 23:59:27 GMT)

Real Estate Briefcase
Coldwell Banker D'Ann Harper Realtors announced the addition of several new real estate associates. In the New Braunfels office at 532 S. Seguin: Marlena Kunakoff and Michael Carl . Kunakoff is a native of San Antonio and attended Texas State University. (Sun, 17 Dec 2006 00:56:12 GMT)

Real estate notes
An Illinois real estate development company plans to build a 450,000-square foot power retail center in Gypsum. (Sun, 17 Dec 2006 01:46:52 GMT)

Real Estate Briefs: Dec. 17, 2006
A list of real estate related news briefs. (Sun, 17 Dec 2006 05:06:18 GMT)

Real estate news in brief: Construction rates, sales rates
A list of recent real estate construction rates and sales rates. (Sun, 17 Dec 2006 05:06:30 GMT)

Nestor Weigand doesn't demand respect from his real estate agents
Nestor Weigand doesn't demand respect from his real estate agents. He'd rather look up to them. Weigand, 67, actively dodges the credit for J.P. Weigand & Sons' spot atop Wichita's real estate market. (Sun, 17 Dec 2006 07:05:34 GMT)

REAL ESTATE
Scott Russell , Realtor, is a new associate at the Naumann Group Real Estate. Donna Jo Loscialo has joined Countrywide Home Loans. Jennifer Maxwell , Britt Kieff and Mary Sorrenti have joined Keller Williams Town & Country Realty. (Sun, 17 Dec 2006 07:12:28 GMT)

Will Dubai become the next Hong Kong for real estate?
Hong Kong is the most densely populated city on earth with some of the most highly priced real estate. This reflects the high rolling economy of this special economic zone of China, and the sheer amount of money stored in property. (Sun, 17 Dec 2006 08:08:51 GMT)

Real estate transactions
Real estate transactions are public records obtained by the Star-Gazette from deeds on file in the county clerks' offices. Real estate agencies do not provide the information. (Sun, 17 Dec 2006 08:18:43 GMT)

Real Estate Transactions
Real estate transactions recorded at the Manatee County Courthouse: (Sun, 17 Dec 2006 08:29:35 GMT)

Homeowners, real estate agents get free ads on Zillow.com
Zillow.com recently allowed homeowners and real estate agents to advertise for-sale properties on its Web site at no cost. (Sun, 17 Dec 2006 09:04:36 GMT)

WTO warms up long-frozen real estate market
HCM CITY—A conference in HCM City yesterday highlighted the expanding real estate market and growing business opportunities in home decor, office building and residential area development. (Sun, 17 Dec 2006 09:19:49 GMT)

CHARLOTTE HOUSING MARKET: Speculators pan for Charlotte's real estate gold
Scott Patterson, a college dropout-turned-real estate investor, flings open the door of a vacant bungalow in north Charlotte and shouts to scatter any vagrants who might linger inside. (Sun, 17 Dec 2006 12:04:54 GMT)

Angelo R. Cali, founder of real estate trust
He helped launch Cali Reality in 1949 Angelo R. Cali, whose family-owned real estate development company merged with the Mack Co. in 1997 to create one of the country's largest real estate investment trusts, died last Friday in Montclair, N.J., his hometown. He was 91. (Sun, 17 Dec 2006 13:53:52 GMT)

India, China, Russia and America planning polar moon camps - the race is on to capture moon real estate
India, China, Russia and America planning polar moon camps - the race is on to capture moon real estate. Like the South pole, the countries are racing to get hold of their share. (Sun, 17 Dec 2006 17:04:31 GMT)

A better housing start number shows real estate will rebound in cyclical bull market within a secular bear market
The real estate market is in the process of bottoming out for now. The Housing Starts number will come 1.56 million as compared to 1.48 million last months in spite of winter months. That is bullish for residential real estate. (Sun, 17 Dec 2006 17:34:22 GMT)

Real estate transactions
Residential real estate transactions over $200,000 filed with the Clark County assessor from Oct. 16-31. The information includes seller's name, buyer's name, property location, description, price and closing date. (Sun, 17 Dec 2006 20:17:30 GMT)

Latest Deal in Real Estate for $9 Billion
Realogy, the giant real estate franchisor, agreed today to be sold to Apollo Group, the private equity firm, for about $9 billion. (Mon, 18 Dec 2006 01:52:15 GMT)

Rijas Group to introduce options and derivatives in real estate
DUBAI — Rijas Group, a diversified group from Pakistan, plans to introduce 'options and derivatives' for the first time in the UAE real estate sector. (Mon, 18 Dec 2006 03:56:42 GMT)

Private equity sets up house in real estate
Blackstone's record-breaking $20bn bid for Equity Office Properties highlights the leverage which private equity groups can exert on the recovering US commercial real estate market, analysts said yesterday. (Mon, 18 Dec 2006 04:37:21 GMT)

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