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Corr: Saudi, UAE Firms To Invest US$2.7 BLN In UAE Real Estate
Saudi Arabia's Zahran Group and Ishraqah of the UAE have announced that they plan to invest over Dhs10 billion (US$2.7 billion) in the UAE's real estate market in the next couple of years to develop mutiple property projects. (Wed, 16 May 2007 05:27:29 GMT)
DNRC plans program on real estate
On Thursday, specialists from the Department of Natural Resources and Conservation's Southern Land Office will give presentations in Billings to inform locals about unique real estate investment opportunities on its Trust Land holdings in Southern Montana. (Wed, 16 May 2007 06:51:50 GMT)
Sector movers: Real Estate slumps, Mining recovers
LONDON (SHARECAST) - Real Estate fell sharply, with shares in Land Securities lower after it posted its annual earnings. (Wed, 16 May 2007 08:38:30 GMT)
Real estate reports show murky state
A trio of reports on Tuesday showed that the future of Southwest Florida's real estate market remains murky even among signs that it is outperforming most of the Sunshine State. (Wed, 16 May 2007 09:06:05 GMT)
IBQ enters the real estate market
The International Bank of Qatar, IBQ, today announced its entrance into Qatar's booming real estate market. (Wed, 16 May 2007 11:51:02 GMT)
Real Estate Company Makes Room for Growth with New 80,000SF Northern Virginia Home
Real estate company Kettler has just moved into its new 80,000-square-foot digs at the Pinnacle Towers in McLean, Va. The move allows the company to consolidate its growing roster of employees under one roof. (Wed, 16 May 2007 12:03:49 GMT)
DNRC plans program on real estate
On Thursday, specialists from the Department of Natural Resources and Conservation's Southern Land Office will give presentations in Billings to inform locals about unique real estate investment opportunities on its Trust Land holdings in Southern Montana. (Wed, 16 May 2007 14:36:50 GMT)
Real estate courses coming up at Kern Center
The Kern Center for Community and Industrial Development is offering a variety of real estate continuing education courses. 10-Hour Post Licensing Sales Agents , 8:30 a.m. to 1:30 p.m., June 23 and 30. Cost: $109. (Wed, 16 May 2007 14:41:55 GMT)
Commercial Real Estate Forum
Creative Solutions in a Tight Real Estate Market The 2007 South Sound Commercial Real Estate Forum. (Wed, 16 May 2007 14:50:48 GMT)
Numerex Collaborates With GE Security to Provide Wireless Services for Advanced Technology Real Estate Products
Numerex Corp. today announced a strategic collaboration with GE Security, a wholly-owned subsidiary of the General Electric Company , to provide nationwide wireless services in support of GE's industry-leading advanced technology real estate products, including its new ActiveKEY wireless key. (Wed, 16 May 2007 16:59:54 GMT)
RioCan Real Estate Investment Trust Announces May 2007 Distribution
RioCan Real Estate Investment Trust ('RioCan') (TSX: REI.UN) today announced a distribution of 11 cents per unit for the month of May. The distribution will be payable on June 7, 2007 to unitholders of record as at May 31, 2007. (Wed, 16 May 2007 17:29:59 GMT)
Canadian Real Estate Investment Trust Announces May 2007 Distribution
Canadian Real Estate Investment Trust (TSX: REF.UN)('CREIT') today announced its May 2007 monthly distribution in the amount of 10.83 cents per unit (C$1.30 annualized). The May distribution will be payable on June 14, 2007 to Unitholders of record May 31, 2007. (Wed, 16 May 2007 18:28:57 GMT)
CR senior makes his mark in world of real estate
When Brad Bledsoe walked into his first real estate class, the one that would teach him all the ins and outs of the business, everyone just kind of knew he was different. (Wed, 16 May 2007 18:56:36 GMT)
Coldwell Banker Real Estate Corporation Announces Acquisition of Master Franchisor, Coldwell Banker Canada
Coldwell Banker Real Estate Corporation today announced the acquisition of one of its North American master franchisors, Coldwell Banker Canada, Limited. Founded in 1993 as one of the first international master franchisors of the brand, Coldwell Banker Canada previously held the right to franchise the Coldwell Banker brand in Canada. (Wed, 16 May 2007 19:15:00 GMT)
Real estate conference in town
An Arizona real-estate investment group is holding a two-day conference starting Saturday in Phoenix. The meeting is aimed at investors and landlords. (Wed, 16 May 2007 19:16:45 GMT)
Realize Big Returns with Real Estate
(ARA) - It's a buyer's market, which is great news for real estate investors. There are profits to be made just about everywhere you turn these days. (Wed, 16 May 2007 20:11:53 GMT)
New real-estate licensing law fails consumers
Columnist Greg Swann says the state's real estate licensing is of little use to consumers. (Wed, 16 May 2007 21:53:16 GMT)
Singapore real estate trust buys 27% of Hektar REIT
PETALING JAYA: Singapore Exchange-listed real estate investment trust Frasers Centrepoint Trust (FCT) has acquired a 27% stake in Hektar REIT for RM104mil. (Wed, 16 May 2007 23:10:03 GMT)
Investors Real Estate Trust Announces Increase in Regular Quarterly Common Share Distribution, and Declares Series A ...
Investors Real Estate Trust (NASDAQ: IRETS)announced today that its Board of Trustees has declared a regular quarterlydistribution of 16.65 cents per share/unit payable on July 2, 2007, tocommon shareholders and unitholders of record at the close of business onJune 15, 2007. The distribution reinvestment price will be the closingNASDAQ share price on July 2, 2007, less a discount of 5%. The ... (Wed, 16 May 2007 23:15:08 GMT)
Investors Real Estate Trust Announces Record Date for 2007 Annual Meeting
Investors Real Estate Trust (NASDAQ: IRETS) todayannounced that its Board of Trustees has scheduled the Company's 2007Annual Meeting of Shareholders for Tuesday, September 18, 2007 at 7:00 p.m.CDT at the International Inn, 1505 North Broadway, Minot, North Dakota.The record date for determination of the common shareholders entitled tovote at the meeting has been set at the close of business on ... (Wed, 16 May 2007 23:15:18 GMT)
Real Estate
The Southern States building in Hillsborough is being deconstructed by Chris Wachholz and his company, Cabins, Cottages and Bungalows. The materials will be recycled for other real estate development projects. (Thu, 17 May 2007 02:01:46 GMT)
Agency will get new real estate
One of the fastest-growing real estate firms in the Midlands is planning a new headquarters on Colonial Life Boulevard in Columbia. (Thu, 17 May 2007 02:17:33 GMT)
Realize Big Returns with Real Estate
(ARA) - It's a buyer's market, which is great news for real estate investors. There are profits to be made just about everywhere you turn these days. (Thu, 17 May 2007 06:14:06 GMT)
REAL ESTATE: Home sales, prices expected to drop
Home sales and prices will fall more sharply than expected this year, due to troubles in the subprime mortgage market and stricter lending standards, a top real estate group said. (Thu, 17 May 2007 07:20:04 GMT)
Brazil Real Estate Co Inpar IPO To Debut June 6
SAO PAULO -(Dow Jones)- Brazilian real estate company Inpar S.A. on Thursday unveiled details of its initial public offering on the Brazilian Stock Exchange, or Bovespa. (Thu, 17 May 2007 10:33:58 GMT)
Leading Executives 'Exuberant' About Commercial Real Estate, Says Study
MAY 08, 2007 -- Chicago -- Real estate industry executives are strongly optimistic about the outlook for commercial real estate, and view multifamily as the most attractive real estate investment opportunity, according to findings of DLA Piper’s 2007 State of the Market Real Estate Survey, recently released at the Global Real Estate Summit in Chicago. (Thu, 17 May 2007 12:06:37 GMT)
New real-estate licensing law fails consumers
Columnist Greg Swann says the state's real estate licensing is of little use to consumers. (Thu, 17 May 2007 15:32:11 GMT)
Largest Portfolio of Arizona Real Estate Domains is for Sale, Could Fetch Over $1M
A domain name portfolio of 200 Arizona real estate domain names that are town specific serving one of the the hottest real estate markets in the nation Arizona, are being offered for sale by New Media Real Estate. (Thu, 17 May 2007 16:21:06 GMT)
Realize Big Returns with Real Estate
(ARA) - It's a buyer's market, which is great news for real estate investors. There are profits to be made just about everywhere you turn these days. (Thu, 17 May 2007 16:38:44 GMT)
Real Estate Industry Help: Free TV Production from Discount TV Ad Leader
Industry leader Cheap TV Spots (http://cheap-tv-spots.com/) announces the spin-off its popular real estate advertising service into a new online agency, TVSellsRealEstate.com (http://tvsellsrealestate.com/). The real estate market slowdown means that agents and brokers can no longer afford to rely only on passive methods like the MLS and print for attracting potential buyers. Answering this need, ... (Thu, 17 May 2007 16:48:19 GMT)
Real estate transactions
Residential real estate transactions over $200,000 filed with the Clark County Assessor from March 16-31. The information includes seller's name, buyer's name, property location, description, price and closing date. Listed below are some of the 771 home sales recorded in March. (Thu, 17 May 2007 16:54:03 GMT)
BTB Real Estate Investment Trust Announces its Distribution for the Month of May 2007
The trustees of BTB Real Estate Investment Trust (TSX VENTURE: BTB.UN) announced today that the monthly cash distribution for the month of May 2007 is $0.02329 per unit, representing $0.28 per unit on an annualized basis. The cash distribution will be paid on June 15, 2007 to unitholders of record on May 31, 2007. (Thu, 17 May 2007 18:46:49 GMT)
Commercial Real Estate Investment Expected to Remain Strong
Respectable job growth, improving fundamentals, favorable interest rates and limited speculative construction suggest strong investor appetite will continue in 2007, according to a commercial market update and forecast presented here at the National Association of Realtors(R) Midyear Legislative Meetings & Trade Expo. Investment in commercial real estate rose 11 percent to a record $306.8 ... (Thu, 17 May 2007 20:03:00 GMT)
Real Estate Events
May 22 Real Estate investing secrets seminar. (Thu, 17 May 2007 20:47:20 GMT)
REAL ESTATE AGENCIES
Advecs Rosstro Petrograd Agency (show on map) Member of Russian Realtors' Guild. Member of Realtors' Association of St. Petersburg and Leningrad region. 14 years on real estate market, more than 8 years on leasing market. (Thu, 17 May 2007 21:25:04 GMT)
real-estate market has gone into a deep freeze
India’s once-buoyant real-estate market has gone into a deep freeze with more than a 50 per cent drop in actual transactions over the last two months, developers and real-estate analysts have said. (Thu, 17 May 2007 21:30:33 GMT)
Realize Big Returns with Real Estate
(ARA) - It's a buyer's market, which is great news for real estate investors. There are profits to be made just about everywhere you turn these days. (Thu, 17 May 2007 21:55:48 GMT)
Victorville woman charged with real estate fraud
HESPERIA — Investigators from the San Bernardino County District Attorney's real estate fraud unit Tuesday arrested Renee Ray, 53, for forgery, filing a false document and financial elder abuse. Ray was arrested without incident at her workplace in Hesperia and was booked into the Victorville jail. (Thu, 17 May 2007 23:33:19 GMT)
Suburban offers a glimpse at new real-estate tax bill
York Suburban taxpayers can find out exactly how the district's proposal to replace a portion of the real estate tax with a personal income tax will affect them by going online. (Fri, 18 May 2007 07:07:55 GMT)
Bill would create new real estate office
BATON ROUGE -- Three New Orleans property offices now scheduled to be merged into the Orleans Parish clerk of court's office in 2009 would instead be placed in a new elective "real estate office," according to a bill approved by a Senate committee Thursday. (Fri, 18 May 2007 07:22:17 GMT)
Realize Big Returns with Real Estate
(ARA) - It's a buyer's market, which is great news for real estate investors. There are profits to be made just about everywhere you turn these days. (Fri, 18 May 2007 07:23:17 GMT)
Briefing - Asia Real Estate - May 18, 2007
An executive briefing on real estate for May 18, 2007, prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, commercial intelligence and business opportunities. CHINA STATE CONSTRUCTION ENGINEERING PLANS TO LIST A-SHARES (Fri, 18 May 2007 10:02:00 GMT)
Brazilian Real Estate Co CBDIT Plans IPO On Bovespa
SAO PAULO -(Dow Jones)- Brazilian real estate company Cia Brasileira de Desenvolvimento Imobiliario Turistico SA, or CBDIT, is planning an initial public offering on the Brazilian Stock Exchange, or Bovespa, the company said Friday in a filing with the local Securities Commission, the CVM. (Fri, 18 May 2007 10:32:14 GMT)
Residential real estate best gauged by statistics
It was interesting to read in this space Chris Stephens' May 4 commercial real estate column, which suggested that the numerous cranes visible on the Anchorage skyline are one indicator of a healthy commercial real estate market. When gauging real estate activity, it is natural to look at a variety of indicators. However, sometimes unseen factors influence indicators enough that they may not ... (Fri, 18 May 2007 10:57:13 GMT)
VC investment down in real estate
MUMBAI: The Budget proposal that restricted tax benefits to venture capital (VC) in certain specified businesses has, predictably, hit their investment in sectors such as real estate, media and entertainment. (Fri, 18 May 2007 11:25:50 GMT)
VC investment down in real estate
Investments in real estate declined from USD 440 million in January-February to USD 240 million in March-April. (Fri, 18 May 2007 11:33:57 GMT)
LMP Real Estate Income Fund Inc. (``RIT'') Announces Distributions for the Months of June, July and August 2007
NEW YORK----LMP Real Estate Income Fund Inc., which is listed on the New York Stock Exchange under the symbol "RIT," announced income distributions of $0.1900 per common share per month for June, July and August 2007. (Fri, 18 May 2007 12:00:00 GMT)
Real estate transactions
Residential real estate transactions over $200,000 filed with the Clark County Assessor from April 1-15. The information includes seller's name, buyer's name, property location, description, price and closing date. Listed below are some of the 706 sales transactions recorded during April. (Fri, 18 May 2007 17:09:03 GMT)
Real estate boom transfers to the Internet
Daniel Nussbaum is making what seems to be a painless transition from the real estate boom into what he hopes will be the next Internet boom. The former dentist, who grew up in Long Beach, N.Y., has spent the last four years buying up Web domain names by the virtual truckload. (Fri, 18 May 2007 17:22:23 GMT)
Tenants protest eviction at landlord's UCLA real estate class
A university real estate instructor got a lecture from his Echo Park tenants who are facing eviction because the landlord wants to opt out of a federal subsidy program and raise rents. (Fri, 18 May 2007 18:52:46 GMT)
Tenants protest eviction at landlord's UCLA real estate class
A university real estate instructor got a lecture from his Echo Park tenants who are facing eviction because he wants to opt out of a federal subsidy program and raise... (Fri, 18 May 2007 19:02:09 GMT)
Tenants protest eviction at landlord's UCLA real estate class
A university real estate instructor got a lecture from his Echo Park tenants who are facing eviction because he wants to opt out of a federal subsidy program and raise... (Fri, 18 May 2007 19:09:06 GMT)
Washington Real Estate Investment Trust Appoints George F. McKenzie as President and Chief Executive Officer
ROCKVILLE, Md.----Washington Real Estate Investment Trust announces the appointment to Board of Trustees and promotion of George "Skip" McKenzie to President and Chief Executive Officer effective June 1, 2007. (Fri, 18 May 2007 19:36:00 GMT)
Court shuts down real estate operation
A judge has shut down an Austin real estate operation that left many Hispanic home buyer facing foreclosure. (Fri, 18 May 2007 20:02:51 GMT)
Washington Real Estate Names New CEO
Washington Real Estate Investment Trust on Friday named George F. McKenzie president and chief executive as of June 1, succeeding the retiring Edmund B. Cronin, Jr. (Fri, 18 May 2007 20:41:29 GMT)
The Restraints on Robust Real Estate Competition
Many obstacles remain to achieving more "robust competition" in the real estate market, the Federal Trade Commission and the Justice Department have concluded. (Fri, 18 May 2007 21:01:18 GMT)
Denver real estate scion takes of Kentwood
Bill Moore, former owner and president of Moore and Company Realtors has acquired The Kentwood Company residential real estate firm in a private transaction effective today (Fri, 18 May 2007 23:06:04 GMT)
Realize Big Returns with Real Estate
(ARA) - It's a buyer's market, which is great news for real estate investors. There are profits to be made just about everywhere you turn these days. (Fri, 18 May 2007 23:20:58 GMT)
Once Again, Real Estate Professionals Go To War Against The Web
The action was a pretty bald-faced move by the state's real estate appraisers to keep a potentially disruptive service from messing with their business. (Sat, 19 May 2007 00:44:10 GMT)
Tenants protest eviction at landlord's real estate class
LOS ANGELES - A university real estate instructor got a lecture from his Echo Park tenants who are facing eviction because the landlord wants to opt out of a federal subsidy program and raise rents. (Sat, 19 May 2007 03:55:47 GMT)
Real Estate Transfers
District 1 David and Genie Anglin to Jefferson and Linda Wofford for $56,000 for lot 321, English Mountain Condominium Smoky Mountain Land Co. Inc. to Alberto's Produce LLC for $17,100 for lots 14, 15 and 16, English Mountain, Section 29 Smoky Mountain Land Co. Inc. to Alberto's Produce LLC for $20,100 for lots 21, 22, and 23, English Mountain, Section 37 Carlone Real Estate Holding Company to ... (Sat, 19 May 2007 04:10:20 GMT)
Real estate news in brief: Construction rates, sales rates
A list of recent real estate construction rates and sales rates. (Sat, 19 May 2007 06:09:55 GMT)
Real Estate Briefs: May 20, 2007
A list of real estate related news briefs. (Sat, 19 May 2007 06:10:05 GMT)
Real Estate Transfers
Real Estate Transfers (Sat, 19 May 2007 07:07:06 GMT)
Officials wary of real estate market decline
Building affordable housing, updating sewer systems and roads, and bracing for shrinking real estate revenue are all challenges ahead for Nevada County, leading area officials said Friday. (Sat, 19 May 2007 07:16:07 GMT)
Moore returns to real estate, buys Kentwood
Bill Moore, whose family name was synonymous with residential real estate in Denver for generations, has returned to the business by buying the Kentwood Co. (Sat, 19 May 2007 07:25:26 GMT)
Sheffield Real Estate announces handover of AED 80 million Supreme Residency
Setting a benchmark in delivering projects within the scheduled time line, the Dubai-based Sheffield Real Estate, developers of Marina 101 and various other developments, announced today the handover of its AED 80 million Supreme Residency at Nakheel's International City to its investors. (Sat, 19 May 2007 10:21:02 GMT)
Real estate magnate Becker dies
The co-founder of one of the Coachella Valley's leading real estate companies has died at age 75. (Sat, 19 May 2007 11:02:26 GMT)
Faith in real estate is firm, new poll says
Most Americans think home values will appreciate or hold steady. Americans are worried about the economy and believe a recession is looming, but their faith in real estate remains fierce, according to a Los Angeles Times/Bloomberg poll. (Sat, 19 May 2007 13:13:48 GMT)
Realize Big Returns with Real Estate
(ARA) - It's a buyer's market, which is great news for real estate investors. There are profits to be made just about everywhere you turn these days. (Sat, 19 May 2007 14:12:29 GMT)
Real estate brokers in deep trouble but they refuse homeowners to get out of listing contracts
The real estate crisis is far deeper among the brokers than the sellers. The prices are falling rapidly as buyers offer far less than the asked prices. But the brokers are sticking to their fat commissions. People arte very frustrated with these brokers. (Sat, 19 May 2007 15:14:32 GMT)
Realize Big Returns with Real Estate
(ARA) - It's a buyer's market, which is great news for real estate investors. There are profits to be made just about everywhere you turn these days. (Sat, 19 May 2007 22:04:55 GMT)
Data show local real estate market picking up, but prices aren't
After a rough 2006 and a tepid beginning to 2007, Realtors and home builders say things are beginning to look up for the local real estate market. (Sun, 20 May 2007 05:23:28 GMT)
Gulf-front real estate not immune to market
Ever wonder if Gulf-front property values were as sensitive to the softening of the overall residential real estate market experienced over the past... (Sun, 20 May 2007 05:29:25 GMT)
Realize Big Returns with Real Estate
(ARA) - It's a buyer's market, which is great news for real estate investors. There are profits to be made just about everywhere you turn these days. (Sun, 20 May 2007 06:14:22 GMT)
Dubai real estate developer launches construction firm to deliver projects
Zabeel Investments, the Dubai-based developer of real estate projects on the Palm Jumeirah and Bawadi in Dubai has announced the launch of ZSML, a construction company, in a joint venture with Sembol Construction Company of Turkey. (Sun, 20 May 2007 06:30:48 GMT)
Tenants protest eviction at landlord's real estate class
LOS ANGELES - A university real estate instructor got a lecture from his Echo Park tenants who are facing eviction because the landlord wants to opt out of a federal subsidy program and raise rents. (Sun, 20 May 2007 07:25:17 GMT)
Real estate transactions
Chemung County 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, 20 May 2007 07:29:54 GMT)
LSCC will offer class on real estate
Lake-Sumter Community College will offer a post-licensing course for real-estate salespeople at the Sumter campus in Sumterville from 9 a.m. to 3 p.m. Mondays and Wednesdays beginning May 30. (Sun, 20 May 2007 10:02:48 GMT)
Real Estate Experts Challenge ʼInvisible Taxʼ
Real estate experts call it the "invisible tax." For years, Connecticut homeowners have been paying a conveyance tax when selling a home. The money from that ... (Sun, 20 May 2007 10:18:38 GMT)
Landmark Properties teams up with international real estate guru
Landmark Properties, one of the United Arab Emirates leading property consultants, has teamed up with internationally renowned Mr. Dirk Zeller, author and real estate expert, to provide its property consultants with world class training and customised teaching. (Sun, 20 May 2007 11:51:11 GMT)
OFW remittances fueling growth in real estate
MANILA, Philippines -- UP TO A third of the record-high foreign remittances sent home by expatriate Filipino workers is spent on real estate, making the current property market boom more durable than previous episodes, according to industry players and market watchers. (Sun, 20 May 2007 12:00:53 GMT)
Newspaper upgrades Web real estate site
TRAVERSE CITY — The Record-Eagle upgraded its real estate Web site to add a host of new features and information for users. The Web site at www.recordeaglerealestate.com features various search options that allow viewers to look for homes and properties by cities and ZIP codes, price ranges and the number of bedrooms and baths. (Sun, 20 May 2007 13:53:38 GMT)
Real estate transactions
Residential real estate transactions over $200,000 filed with the Clark County Assessor from April 1 to 15. The information includes seller's name, buyer's name, property location, description, price and closing date. Listed below are some of the 706 sales transactions recorded during April. (Sun, 20 May 2007 15:38:43 GMT)
Summit Germany takes over Deutsche Real Estate
Deutsche Real Estate owns €300 million in properties. (Sun, 20 May 2007 16:20:34 GMT)
D&B: Israel’s top 5 real estate cos investment up 33% in 2006
The top 30 real estate companies posted $21.7 billion aggregate revenue in 2006. (Sun, 20 May 2007 16:20:44 GMT)
Sun: Real Estate sector sends TASE down
With the security crisis in the south still hovering in the background, both bank and real estate stocks traded lower, with Teva and Delek the only key stocks holding their own in today's wave of profit taking. (Sun, 20 May 2007 17:12:23 GMT)
India tries to cool real estate boom
India has tightened overseas borrowing rules, making it harder for less creditworthy and smaller local companies to raise funds, which analysts say will curb soaring capital flows and calm the hot real estate sector. (Sun, 20 May 2007 17:52:18 GMT)
Realize Big Returns with Real Estate
(ARA) - It's a buyer's market, which is great news for real estate investors. There are profits to be made just about everywhere you turn these days. (Sun, 20 May 2007 20:00:23 GMT)
Realize Big Returns with Real Estate
(ARA) - It's a buyer's market, which is great news for real estate investors. There are profits to be made just about everywhere you turn these days. (Mon, 21 May 2007 01:11:23 GMT)
Inland Real Estate forming new company
The development team of Inland Retail Real Estate Trust, which was sold to Developers Diversified Realty in February, is forming a new Atlanta-based development company. (Mon, 21 May 2007 04:28:27 GMT)
Residential real estate practitioners look for opportunity in down market
The latest existing home sale figures from the Florida Association of Realtors may look like the beginning of the end for Tampa Bay's housing market, but for real estate practitioners, it's more like the beginning of something good. (Mon, 21 May 2007 05:19:30 GMT)
Briefing - Asia Real Estate - May 21, 2007
An executive briefing on real estate for May 21, 2007, prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, commercial intelligence and business opportunities. (Mon, 21 May 2007 05:26:00 GMT)
BRIEFING - ASIA REAL ESTATE - MAY 21, 2007
Several groups from the oil-rich Middle East states of Saudi Arabia, Quatar and Bahrain are exploring investment opportunities in Vietnam, said Marc Townsend, director of CB Richard Ellis Vietnam, adding that real estate deals in the major cities of Hanoi, Da Nang and HCM City were attracting their greatest interest. (Mon, 21 May 2007 05:32:15 GMT)
Anna Margaret Conroy, real estate agent, dies at 79
Anna Margaret Railey Conroy, a longtime East End real estate agent who also made her family's clothes and designed furniture for their home, died of heart problems May 14. She was 79. (Mon, 21 May 2007 05:41:30 GMT)
India finmin: curb to slow inflows in real estate
NEW DELHI, May 21 (Reuters) - The latest restriction on external commercial borrowings is aimed at slowing inflows of foreign debt into India's booming real estate sector, the finance minister said on Monday. (Mon, 21 May 2007 06:23:12 GMT)
Gold and US Real Estate Quietly Breaking Down
Tate Dwinnell submits: While most of the focus has been on the market making new highs and how long it will last, Gold and US Real Estate [REITs ] have been quietly breaking down. A chart of the Streettracks Gold Trust ETF, which seeks to track the price of gold bullion, illustrates the emerging [... ] (Mon, 21 May 2007 08:51:04 GMT)
Attorney sees his opportunity, switches to real-estate investing
SARASOTA -- Southwest Florida has long been fertile ground for lawyers with a hankering for investing in real estate. (Mon, 21 May 2007 09:04:01 GMT)
Realize Big Returns with Real Estate
(ARA) - It's a buyer's market, which is great news for real estate investors. There are profits to be made just about everywhere you turn these days. (Mon, 21 May 2007 09:12:49 GMT)
Brazilian Real Estate Co Multiplan Plans IPO
SAO PAULO -(Dow Jones)- Brazilian real estate company Multiplan empreendimentos Imobiliarios S.A. is planning an initial public offering on the Brazilian Stock Exchange, or Bovespa, the company said Monday in a filing with the Brazilian Securities Commission, or CVM. (Mon, 21 May 2007 10:31:57 GMT)
Real estate agent Foxtons sold
Foxtons, one of the largest British real estate agents, agreed on Monday to be acquired by private equity firm BC Partners amid early signs the booming UK housing market may be starting to cool. (Mon, 21 May 2007 11:36:00 GMT)
BC Partners to Buy U.K. Real Estate Broker Foxtons (Update1)
May 21 (Bloomberg) -- BC Partners Ltd., a U.K. buyout firm, agreed to buy London-based real estate broker Foxtons to take advantage of record home prices in the city. (Mon, 21 May 2007 12:56:33 GMT)
Real estate wrap: AMC Delancey continues its transformation
AMC Delancey Group Inc. continued a selling spree of its commercial real estate holdings as it transforms itself into a company that invests in real estate operating partnerships. (Mon, 21 May 2007 13:48:35 GMT)
BC Partners to Buy U.K. Real Estate Broker Foxtons (Update2)
May 21 (Bloomberg) -- BC Partners Ltd., a U.K. buyout firm, agreed to buy London-based real estate broker Foxtons to take advantage of record home prices in the city. The acquisition is worth about 390 million pounds ($768 million), according to people with knowledge of the transaction. (Mon, 21 May 2007 15:26:33 GMT)
Hazel Dell Town Center sale leads real estate news
The $60 million sale of Vancouver's new Hazel Dell Town Center shopping center tops the week's list of commercial real estate transactions. (Mon, 21 May 2007 16:20:42 GMT)
Ebby Halliday purchases luxury real estate firm 11:14 AM CDT
Dallas residential sales firm Ebby Halliday Realtors said Monday that it has purchased an independent high-end real estate firm. Dave Perry-Miller & Associates, which specializes in luxury home sales, is merging with Ebby Halliday - already North Texas' biggest home sales company. (Mon, 21 May 2007 16:34:39 GMT)
Redfin Fined For Real Estate Blog
For an outfit like Google, $50,000 isn’t much - this is, after all, the corporation that bought a full-size SpaceShipOne replica for no apparent reason. But for Redfin, a $50,000 loss is a show-stopper, and the real estate company shut down part of its “Sweet Digs” blog after being fined that amount. The blog had offered property reviews, but the Northwest Multiple Listing Service (NWMLS) ... (Mon, 21 May 2007 16:59:31 GMT)
Magnat Real Estate "buy," target price raised
LONDON, May 21 (newratings.com) - Analysts at First Berlin maintain their "buy" rating on Magnat Real Estate (ticker: M5R). The target price has been raised from €3.10 to €3.30. (Mon, 21 May 2007 17:58:23 GMT)
Real estate vet picked for GE's Denver office
GE Real Estate's Denver office has hired Richard Morean as senior director for the North American Equity Division. (Mon, 21 May 2007 19:55:53 GMT)
Real Estate Firm, Former NFL Star Create Development Company
Real estate meets the sports world as The Tetra Cos. is partnering with former NFL star and TV personality Michael Irvin (pictured). The partnership entity, TMI Group, will be a private equity fund focusing on Tetra's development of mixed-use real estate projects across the southeast. (Mon, 21 May 2007 20:19:26 GMT)
REAL ESTATE AGENCIES
Advecs Rosstro Petrograd Agency (show on map) Member of Russian Realtors' Guild. Member of Realtors' Association of St. Petersburg and Leningrad region. 14 years on real estate market, more than 8 years on leasing market. (Mon, 21 May 2007 20:40:15 GMT)
Realize Big Returns with Real Estate
(ARA) - It's a buyer's market, which is great news for real estate investors. There are profits to be made just about everywhere you turn these days. (Mon, 21 May 2007 23:53:30 GMT)
Executive admits real estate venture was scheme
A former executive of a company that promised real estate riches but really took millions in a pyramid scheme admitted Monday that he lied to investors, the U.S. attorney's office said. (Tue, 22 May 2007 05:00:13 GMT)
FM Reiterates Restriction On ECBs To Check Real Estate Prices And Inflation
(RTTNews) - Tuesday, the Indian Finance Minister said on Monday that the restrictions imposed last week in the External Commercial Borrowing policy were focused on the real estate sector to control the flow of foreign debt. (Tue, 22 May 2007 06:31:52 GMT)
Realize Big Returns with Real Estate
(ARA) - It's a buyer's market, which is great news for real estate investors. There are profits to be made just about everywhere you turn these days. (Tue, 22 May 2007 07:13:22 GMT)
Briefing - Asia Real Estate - May 22, 2007
An executive briefing on real estate for May 22, 2007, prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, commercial intelligence and business opportunities. (Tue, 22 May 2007 07:20:00 GMT)
Commercial Real Estate News Digest
COMMERCIAL REAL ESTATE NEWS Bechtel named top contractor again in 2006. (Tue, 22 May 2007 09:29:14 GMT)
MoxieMetrics unveils new UAE real estate media report
MoxieMetrics has launched The UAE Real Estate Media and Advertising Monitoring Report, a condensed monthly digest for real estate executives in the UAE and the region. (Tue, 22 May 2007 09:36:11 GMT)
Fremont sells commercial real estate loan business
Fremont General Corp. , which is getting out of the subprime lending business, said on Tuesday it had agreed to sell its commercial real estate lending business to iStar Financial Inc. . (Tue, 22 May 2007 11:17:26 GMT)
What Makes Miami Real Estate So Attractive?
Miami real estate is so attractive to a lot of people because of the one of a kind perks and features that its properties bring to the table for people who are interested in purchasing them. (Tue, 22 May 2007 11:38:50 GMT)
The Best Thing About Investing In Sarasota Real Estate
One of the best financial decisions that any person can do is to invest in real estate property, particularly, real estate in Sarasota, Florida. (Tue, 22 May 2007 11:40:11 GMT)
• How To Determine The Value Of Your Real Estate Property
When you decide to enter the market by selling your real estate property, there are still a number of things that you need to consider in order to get the best possible outcome from your whole real estate experience, and to avoid any costly mistakes on your part. (Tue, 22 May 2007 11:53:20 GMT)
Fremont General sells real estate unit
U.S. financial services holding company Fremont General Corp. said Tuesday it would sell its commercial real estate lending business for $1.9 billion. (Tue, 22 May 2007 13:35:02 GMT)
Mass. real estate market holds steady in April
The residential real estate market sent mixed signals in April, with single-family home sales dropping 1.7 percent and condominium sales rising by 0.7 percent compared to the same month last year, according to the Massachusetts Association of Realtors. (Tue, 22 May 2007 14:12:57 GMT)
Advani says he would talk to Centre about threat via real estate in Goa
Panaji, May 22 (ANI): Senior Bharatiya Janata Party leader Lal Krishna Advani today said that he would discuss with the Centre the concerns raised by the National Security Council (NSC) regarding internal security threat through real estate in Goa. "I have read this matter in Goa media and I propose to take this up with the Government of India," Advani told reporters at Panaji. ... (Tue, 22 May 2007 15:44:36 GMT)
Camden Has Prime Real Estate
Even the nation's poorest city has prime real estate. (Tue, 22 May 2007 15:58:18 GMT)
WorldHomeSearch.com: Destined to Be the World's Largest Real Estate Community
As trends in Real Estate shift and the internet becomes more a part of people's everyday lives, it can be hard, as Real Estate professionals, to steer your business along with the ever-changing tide. WorldHomeSearch.com serves this emerging market utilizing proven, sophisticated, proprietary database and search engine placement techniques. A leading provider of internet tools and services, ... (Tue, 22 May 2007 16:14:53 GMT)
NBS Real Estate Capital buys Kent office property
NBS Real Estate Capital has closed on the purchase of the Centerpointe Business Park, a 101,000-square-foot office/flex building in Kent, Wash. (Tue, 22 May 2007 16:21:13 GMT)
German Stocks Rise, Led by Deutsche Telekom, Hypo Real Estate
May 22 (Bloomberg) -- German stocks rose, led by Deutsche Telekom AG, after the U.S. mobile-phone operator Alltel Corp agreed to be sold. Hypo Real Estate Holding AG, the mortgage bank spun off from HVB Group, also gained. (Tue, 22 May 2007 16:22:59 GMT)
70% of Muscovites expect further growth of real estate prices
MOSCOW, May 22 (Itar-Tass) -- Nearly 70% of Muscovites think that the cost of real estate will grow this year, Prime Tass has cited the All-Russia Public Opinion Studies Center (VTsIOM). (Tue, 22 May 2007 17:12:20 GMT)
Pa. Real Estate Sets Dividend
Pennsylvania Real Estate Investment Trust said Tuesday its board declared a quarterly cash dividend of 57 cents per share. (Tue, 22 May 2007 20:48:05 GMT)
Morgan Stanley Acquires Crescent Real Estate for $2.78 Billion
May 22 (Bloomberg) -- Morgan Stanley, the biggest real estate investor among Wall Street banks, agreed to buy Crescent Real Estate Equities Co., an investment trust founded by Texas billionaire Richard Rainwater, for $2.78 billion, Crescent said. (Tue, 22 May 2007 21:33:42 GMT)
Crescent Real Estate to Be Sold
Real estate investment trust Crescent Real Estate Equities Co. said Tuesday it will be bought by another real estate investment firm, Morgan Stanley Real Estate, for about $2.34 billion. (Tue, 22 May 2007 21:36:21 GMT)
NY investor buying Crescent Real Estate
Already in the midst of a corporate downsizing, Fort Worth-based real estate investor Crescent Real Estate Equities has agreed to sell the entire company to funds managed by Morgan Stanley Real Estate. (Tue, 22 May 2007 21:47:03 GMT)
Morgan Stanley Real Estate to lay out $6.5 billion for Fort Worth real estate trust
FORT WORTH — Morgan Stanley Real Estate has entered a deal to buy Crescent Real Estate Equities for $6.5 billion, including the assumption of $3.1 billion in Crescent debt. (Tue, 22 May 2007 22:30:08 GMT)
Morgan Stanley to acquire Crescent Real Estate Equities
Crescent Real Estate Equities Co. is being acquired by Morgan Stanley Real Estate for about $6.5 billion. (Tue, 22 May 2007 22:39:41 GMT)
Morgan Stanley buys Crescent Real Estate
U.S. real estate investment trust Crescent Real Estate Equities Co. said Tuesday it agreed to be acquired by Morgan Stanley Real Estate for $6.5 billion. (Wed, 23 May 2007 02:45:53 GMT)
Morgan Stanley to Buy Real Estate Trust
Morgan Stanley agreed to buy the Crescent Real Estate Equities Company, an investment trust founded by the Texas billionaire Richard Rainwater, for $2.78 billion. (Wed, 23 May 2007 03:03:30 GMT)
Strand real estate sales take a dive
New real estate sales statistics for April show the Grand Strand still reporting the largest drop in sales in the state. (Wed, 23 May 2007 10:16:37 GMT)
Briefing - Asia Real Estate - May 23, 2007
An executive briefing on real estate for May 23, 2007, prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, commercial intelligence and business opportunities. AUSTRALIA'S LEND LEASE RAISES US$460 MLN FOR ASIAN RETAIL FUND (Wed, 23 May 2007 10:53:00 GMT)
Morgan Stanley to acquire Crescent Real Estate Equities
NEW YORK, May 23 (newratings.com) – Crescent Real Estate Equities Co Tuesday announced that it had agreed to be acquired by Morgan Stanley's ( MWD.NYS ) real estate unit. (Wed, 23 May 2007 11:27:28 GMT)
Realize Big Returns with Real Estate
(ARA) - It's a buyer's market, which is great news for real estate investors. There are profits to be made just about everywhere you turn these days. (Wed, 23 May 2007 12:02:12 GMT)
Jordan's real estate sector just keeps on running
Real estate development continues to move on apace in Jordan with both local and foreign firms revealing major projects in recent weeks. (Wed, 23 May 2007 12:21:31 GMT)
Morgan Stanley to buy Crescent Real Estate for $6.5 billion
NEW YORK (MarketWatch) -- Morgan Stanley, in a bid that signals renewed strength for real estate investment trusts, said late Wednesday that it agreed to buy Crescent Real Estate Equities Co. for $6.5 billion. (Wed, 23 May 2007 13:37:48 GMT)
Law firm starts practice to address real estate problems
Shutts & Bowen LLP has launched a complex loan workout practice group to focus on clients who are grappling with the effects of a slowdown in the real estate market. (Wed, 23 May 2007 14:30:28 GMT)
Catylist and SRC Announce Next-Generation Site Analysis & Demographics Platform for Commercial Real Estate
Catylist, Inc., the country's leading provider of marketing-based commercial information exchange (CIE) technology for commercial real estate communities and brokerage firms, and SRC, LLC, a leading developer and provider of geographic business intelligence software, have formed an alliance to develop an integrated market analysis product designed specifically for the commercial real estate ... (Wed, 23 May 2007 16:25:38 GMT)
Morgan Stanley to buy Crescent Real Estate for 6.5 bln dollars
Crescent Real Estate, a US investment firm whose portfolio includes commercial and resort residential properties, has agreed to be bought by investment bank Morgan Stanley for 6.5 billion dollars. (Wed, 23 May 2007 16:40:31 GMT)
UNI real estate program will go on, director says
CEDAR FALLS --- The director of a growing real estate program at the University of Northern Iowa said Gov. Chet Culver's decision to veto funding for the program likely won't have an impact on its future. (Wed, 23 May 2007 17:36:09 GMT)
Morgan Stanley to buy Crescent Real Estate for US$6.5b
NEW YORK : Crescent Real Estate, a US investment firm whose portfolio includes commercial and resort residential properties, has agreed to be bought by investment bank Morgan Stanley for US$6.5 billion. (Wed, 23 May 2007 18:12:43 GMT)
Law firm's new practice group anticipates downward real estate trends
Shutts & Bowen has launched a multidisciplinary complex loan workout practice group to serve clients that are grappling with the effects of a slowdown in the real estate market. (Wed, 23 May 2007 18:45:18 GMT)
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