Real Estate News May 2007

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Wells Real Estate Files for IPO
Wells Real Estate Investment Trust Inc. on Wednesday filed for an initial public offering with the Securities and Exchange Commission to sell up to $345 million in stock. (Wed, 23 May 2007 21:59:14 GMT)

Real Estate Agents Licensing Board appointments
Associate Justice Minister Clayton Cosgrove today announced the appointment of Hon Bill Jeffries, Murray Giera and David Russell to the Real Estate Agents Licensing Board. (Wed, 23 May 2007 22:19:17 GMT)

Study: Allocate 12.1 Percent of Global Portfolio to U.S., Canadian Real Estate
A new study recommends that a global investor with moderate risk tolerance allocate 23.3 percent to real estate including real estate investment trusts. More than half of that total would go to property in the U.S. and Canada. (Wed, 23 May 2007 23:18:48 GMT)

David Russell joins real estate watchdog
A man well known for standing up for the rights of consumers will now be keeping real estate agents on their toes. (Wed, 23 May 2007 23:40:53 GMT)

Thirty properties up for bid at first real estate auction
Along with a decorator showhouse and a movie casting, a local real estate auction joins the growing list of “firsts” for Tifton. (Thu, 24 May 2007 02:52:15 GMT)

Mideast Real Estate IPO Ends 14 Times Oversubscribed
In a firm endorsement of robust investor response to its IPO, Deyaar, the region's fastest-growing real estate company, today announced that its AED 3.178 billion ($US865 million) issue was more than 14 times oversubscribed. (Thu, 24 May 2007 05:04:19 GMT)

MIDEAST REAL ESTATE IPO ENDS 14 TIMES OVERSUBSCRIBED
Share/credit issues In a firm endorsement of robust investor response to its IPO, Deyaar, the region's fastest-growing real estate company, today announced that its AED 3.178 billion ($US865 million) issue was more than 14 times oversubscribed. (Thu, 24 May 2007 05:04:19 GMT)

Celebrities Real Estate expands into eastern China
Shanghai. May 24. INTERFAX-CHINA -Shenzhen-listed property developer Celebrities Real Estate announced this week a large land acquisition in Wuhu, Anhui Province, a move that marks the company's strategic expansion into eastern China. (Thu, 24 May 2007 06:05:10 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. (Thu, 24 May 2007 07:35:40 GMT)

Real Estate Seminar Discusses New Laws
By Bill Wilson, The Wichita Eagle, Kan. May 24--Let the real estate buyer beware, a group of Wichita attorneys told a breakfast crowd Wednesday at the Marriott in Old Town. (Thu, 24 May 2007 09:12:13 GMT)

Al Tajir Real Estate launches Fortunato
Al Tajir Real Estate, one of the leading independent property specialists in Dubai, today announced the launch of Fortunato - a self sustained community living for the entire family located centrally at Jumeirah Village-South. (Thu, 24 May 2007 09:21:58 GMT)

Troubled real estate trust sold for $2.34B
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. (Thu, 24 May 2007 09:35:20 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. (Thu, 24 May 2007 09:51:09 GMT)

CoreNet Chicago: Silos Gone, Corporate Real Estate Pros Must Embrace Integration
"IT cannot be separated from HR, which cannot be separated from corporate real estate," Nancy W. Hickley (pictured), senior vice president and chief administrative officer at Steelcase Inc., told a full room recently at the May luncheon meeting of the Chicago chapter of CoreNet Global, the national association for corporate real estate executives. (Thu, 24 May 2007 14:03:58 GMT)

Real Estate Search Engine Trulia.Com Closes $10 Million Financing Led By Sequoia Capital
SAN FRANCISCO, May 24 /PRNewswire/ -- Trulia.com, America's residential real estate search engine, announced today that it has secured a $10 million Series C round of funding led by Sequoia Capital, which also includes previous venture investors Accel Partners and Fayez Sarofim & Co. (Thu, 24 May 2007 14:38:41 GMT)

Duane Reade Gets Real-Estate Subpoena
Duane Reade Holdings Inc. said Thursday that it received a grand jury subpoena requesting documents on its real-estate transactions. (Thu, 24 May 2007 15:25:15 GMT)

Yahoo Real Estate Improves HomeValues : Zillow & Yahoo Answers
Drawing partly on its relationship with Zillow, Yahoo! is launching an improved “HomeValues” section as part of Yahoo! Real Estate. It’s also integrating more community features (as Zillow and Trulia recently have) into the section: Through an expanded partnership with Zillow.com, users can access additional home details, including tax assessments, sale history and neighborhood comparable sales, ... (Thu, 24 May 2007 16:02:30 GMT)

Real Estate Search Engine Trulia.com Closes $10 Million Financing Led By Sequoia Capital
Trulia.com, America's residential real estate search engine, announced today that it has secured a $10 million Series C round of funding led by Sequoia Capital, which also includes previous venture investors Accel Partners and Fayez Sarofim & Co. The investment will fund Trulia's general operations and enable the company to expand its team of real estate and search technology experts, deepen ... (Thu, 24 May 2007 17:02:50 GMT)

Eppraisal.Com Partners With Yahoo! Real Estate to Offer Consumers a Comprehensive Approach for Comparing Home Values
ORLANDO, Fla., May 24 /PRNewswire/ -- eppraisal.com, the home valuation expert, today announced it will supply its online home valuations as part of Yahoo! Real Estate's Home Values Center. (Thu, 24 May 2007 17:08:31 GMT)

New blood for real estate watchdog
Consumers' rights will be strengthened in the real-estate sector after an agents' authority got a string of new appointments yesterday. (Thu, 24 May 2007 17:19:35 GMT)

eppraisal.com Partners With Yahoo! Real Estate to Offer Consumers a Comprehensive Approach for Comparing Home Values
eppraisal.com, the home valuation expert, today announced it will supply its online home valuations as part of Yahoo! Real Estate's Home Values Center. eppraisal.com will also provide Yahoo! Real Estate users with access to local real estate professionals, and the ability to order professional home appraisals from the eppraisal.com Appraiser Network. (Thu, 24 May 2007 18:02:04 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. (Thu, 24 May 2007 18:53:41 GMT)

Conrad Black trial delves into real estate deal
Testimony at Conrad Black's trial revisited his New York City real estate dealings on Thursday with defense lawyers trying to shoot holes in charges that the former media chief got a sweetheart deal that cheated investors out of a profit. (Thu, 24 May 2007 20:35:14 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, 24 May 2007 20:40:48 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. (Fri, 25 May 2007 00:12:38 GMT)

Economy Stalls as Real Estate Sales Slow, Foreclosures Rise
The real estate market on the Vineyard has swung strongly in favor of buyers, as record stocks of unsold properties force agents and owners to begin to heavily discount prices. (Fri, 25 May 2007 01:39:44 GMT)

Yahoo Real Estate Has Value
A new Home Values section of Yahoo Real Estate has launched, providing a look at home estimates and information related to the local area of a prospective home. Through the wonders of the modern day mashup, Yahoo's Real Estate team has been able to update their Home Values feature. Brian Rothenberg, Product Manager for Yahoo Real Estate, described the updates on the Yahoo Local & Maps ... (Fri, 25 May 2007 01:43:48 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, 25 May 2007 02:01:29 GMT)

Al Tajir Real Estate launches Fortunato
DUBAI — Al Tajir Real Estate, one of the leading independent property specialists in Dubai, announced the launch of Fortunato — a self sustained community living for the entire family located centrally at Jumeirah Village-South. (Fri, 25 May 2007 03:37:54 GMT)

Briefing - Asia Real Estate - May 25, 2007
An executive briefing on real estate for May 25, 2007, prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, commercial intelligence and business opportunities. (Fri, 25 May 2007 06:13:00 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, 25 May 2007 06:46:50 GMT)

Conrad Black trial shifts to real estate
Ex-aide's valuations in a luxury apartment deal by the mogul draw intense questioning. CHICAGO — Testimony at Conrad Black's trial revisited his New York real estate dealings Thursday, with defense lawyers trying to shoot holes in claims that the former media chief got a sweetheart deal that cheated investors out of a profit. (Fri, 25 May 2007 07:11:29 GMT)

Global Hyatt Corporation Names Stephen G. Haggerty Executive Vice President, Real Estate and Development
CHICAGO | Global Hyatt Corporation President and Chief Executive Officer Mark Hoplamazian today announced the appointment of Stephen G. Haggerty as Executive Vice President, Real Estate and Development. (Fri, 25 May 2007 10:21:42 GMT)

Commercial real estate pumps economy
Commercial real estate spending added nearly $500 billion to the nation's gross domestic product in 2005, roughly the same as the federal government's contribution. (Fri, 25 May 2007 10:41:56 GMT)

Duane Reade subpoenaed over real estate
Duane Reade Holdings Inc. said Thursday that it received a grand jury subpoena requesting documents on its real-estate transactions. (Fri, 25 May 2007 11:05:13 GMT)

Miami's Best Selling Real Estate Properties (And Why They Are So)
Miami is becoming a contender in the tourist and real estate market due to its white, sandy coastal beaches and its cultural extravaganza as evidenced by its booming nightlife. (Fri, 25 May 2007 11:55:21 GMT)

Investing in Real Estate
Real estate investing runs the gamut in terms of risk and investment success. The first rule of real estate investing, even before location, location, location, is be very careful with whom you are dealing. (Fri, 25 May 2007 12:00:00 GMT)

Real estate broker accused
The California Department of Real Estate this week took a step toward revoking the license of a real estate broker whom many Riverside County residents blame for their financial ruin. (Fri, 25 May 2007 16:19:07 GMT)

Real Estate and Development
Shayna Goldstein once hit the dance floor on Las Vegas stages, but this 27 year old is now a hit in real estate. (Fri, 25 May 2007 16:23:03 GMT)

Tech Ticker: Yahoo adds estimates to real estate site; Nokia-Qualcomm patent battle continues
Yahoo adds estimates at real estate site Sunnyvale Internet company Yahoo added property value estimates from two companies to its real estate site Thursday, allowing visitors to view value estimates for residential (Fri, 25 May 2007 16:30:22 GMT)

Bay area represented at Madrid real estate exhibition
A Bay area Realtor will join other Florida real estate professionals in showing Spanish investors the advantages of investing in Florida property. (Fri, 25 May 2007 19:09:07 GMT)

Angola: Construction of Country's Biggest Real Estate Project Legalised
The "Comandante Gika Undertaking", an impressive and modern enterprise, housing and business centre, considered as the biggest real estate of Angola and one of the biggest of Africa, was officially started this Friday, in Luanda, with the placing of the foundation stone at the place where it will be built. (Fri, 25 May 2007 19:37:50 GMT)

U.S. sues two real-estate firms
The U.S. Department of Housing and Urban Development has sued two real-estate brokerages, accusing them of receiving kickbacks for steering home sellers to a provider of hazard reports. (Sat, 26 May 2007 00:48:45 GMT)

State targets Murrieta real estate broker
The California Department of Real Estate this week took a step toward revoking the license of a real-estate broker whom many Riverside County residents blame for their financial ruin. (Sat, 26 May 2007 02:34:25 GMT)

Hawaii Sees Rise In Real Estate Foreclosures
The wave of real estate foreclosures on the mainland may at last be coming ashore in Hawaii. (Sat, 26 May 2007 03:04:24 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. (Sat, 26 May 2007 06:07:33 GMT)

Residential real estate market continues to stall
The average price of a home sold in Frederick County in the first quarter of 2007 fell by $5,800 and spent more time on the market, but local real estate agents remain optimistic about an upturn. (Sat, 26 May 2007 06:09:31 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, 26 May 2007 06:42:30 GMT)

Real Estate Transfers
Real Estate Transfers (Sat, 26 May 2007 07:07:06 GMT)

Feds suing real estate companies, allege scam
LOS ANGELES (AP) - Federal regulators sued Coldwell Banker, Prudential and other real estate giants, contending their brokers took kickbacks for steering Californians to a company that reports on earthquake and other hazards (Sat, 26 May 2007 08:49:28 GMT)

Real Estate Events
May 30 Owning Real Estate Within Your Retirement Account. (Sat, 26 May 2007 09:21:11 GMT)

Real Estate Briefcase
Rubiola Mortgage and Realty Co. announced the addition of Robin Mitchell Casseb as a real estate agent. (Sat, 26 May 2007 15:53:49 GMT)

Real Estate Agent Found Dead In Basement
Police in Prince George's County are investigating the death of a real estate agent who was found in the basement of a vacant home Friday afternoon. (Sat, 26 May 2007 19:12:00 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. (Sat, 26 May 2007 20:36:02 GMT)

Real estate news in brief: Construction rates, sales rates
A list of recent real estate construction rates and sales rates. (Sun, 27 May 2007 01:09:15 GMT)

Real Estate Briefs: May 27, 2007
A list of real estate related news briefs. (Sun, 27 May 2007 01:09:45 GMT)

Local Residential Real Estate Market Has Slight Dip In April
April’s residential real estate market showed a slight decline in sales according to the monthly figures provided by the Chattanooga Association of Realtors. (Sun, 27 May 2007 01:30:28 GMT)

Ask the Real Estate Lawyer
Q: Is it illegal to reward attorneys in the state of Washington for referring clients that end up doing a transaction? I have checked with several people (real estate brokers included) and am getting various opinions. I do not want to violate the RESPA statute. (Sun, 27 May 2007 01:57:31 GMT)

Real Estate
The residential real estate market in Orange and Durham counties had both positive and negative indicators during the first quarter of 2007. The following are answers to some frequently asked questions. The data stated was obtained from Triangle MLS Inc. (Sun, 27 May 2007 03:43:35 GMT)

Soaring prices on Wall Street fuel Hamptons real estate market
GARDEN CITY, N.Y. | Forget window shopping the photos of million-dollar manses in the real estate shops on Southampton's Main Street. If you really want to know how the housing market in the Hamptons is faring as summer beckons, Steven Gaines suggests an unusual yardstick. (Sun, 27 May 2007 05:11:03 GMT)

Brooks now with Sterling Real Estate
Tiffany Brooks has joined Sterling Real Estate Group. Besides listing and selling real state, she is presently the energy resource coordinator for Sterling Builders LLC a company dedicated to building Built Green homes. (Sun, 27 May 2007 07:14:03 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, 27 May 2007 07:31:35 GMT)

Real estate prices creep up
A quick glance in the local real estate section proves that Keuka Lake either has been or is being discovered. (Sun, 27 May 2007 07:31:45 GMT)

Emaar, The Economic City highlights role of KAEC in economic growth at Saudi International Real Estate Conference
Emaar, The Economic City (Emaar.E.C), the Tadawul-listed Saudi company developing King Abdullah Economic City (KAEC), the single largest private sector-led development in the region, showcased the role of KAEC in fostering the growth of the Saudi Arabian economy at the recent Saudi International Real Estate Conference (SAIREC). (Sun, 27 May 2007 10:03:20 GMT)

Hot real estate: beach contels
The motel-sized rooms are new, clean, furnished and each one is for sale to prospective buyers. They're not exactly hotel rooms and they're not exactly condominiums. They're contels, and they're the newest real estate trend to arrive at Hampton and... (Sun, 27 May 2007 10:09:37 GMT)

Real estate agent found dead in basement of Bowie home
The body of a real estate agent was found in the basement of a Bowie home he was trying to sell, Prince George's County Police said yesterday. Authorities said they also found the charred remains of his car less than four miles away in Glenn Dale. (Sun, 27 May 2007 10:24:14 GMT)

Homeowner Finds Dead Real Estate Agent in Basement
Family and friends are mourning the death of a Prince George's County real estate agent who was found in the basement of a vacant home yesterday afternoon. (Sun, 27 May 2007 12:47:06 GMT)

Real Estate Agent Found Dead In Basement
Family and friends are mourning the death of a Prince George's County real estate agent who was found in the basement of a vacant home Saturday afternoon. (Sun, 27 May 2007 13:08:48 GMT)

Real-estate business robust in Kuwait
Real-estate business robust in Kuwait (Sun, 27 May 2007 14:08:19 GMT)

Bullish Wall Street Fuels Hamptons' Real Estate
Forget window shopping the photos of million-dollar manses in the real estate shops on Southampton's Main Street. If you really want to know how the housing market in the Hamptons is faring as summer beckons, Steven Gaines suggests an unusual yardstick. (Sun, 27 May 2007 15:30:15 GMT)

Real estate tightrope
Most, if not all, observers of the real estate sector would be inclined to agree that recent price increases have shown signs of being a bit of a bubble. (Sun, 27 May 2007 18:35:43 GMT)

A call to real estate developers
Real estate projects are booming throughout the country. Everyday we observe the launch of a new real estate project that is unique in a certain way. (Sun, 27 May 2007 21:37:31 GMT)

DP Partners puts real estate portfolio up for sale
In real estate, cash is king. It's a truism that DP Partners understands all too well. The company recently listed its entire real estate portfolio for sale, including nearly 4 million square feet worth of properties in Southern Nevada. (Sun, 27 May 2007 22:30:48 GMT)

Site sells fictional real estate
Real estate is often a long-term investment. But 10,000 years? (Sun, 27 May 2007 23:05:24 GMT)

Site Sells Fictional Real Estate
Real estate is often a long-term investment. (Sun, 27 May 2007 23:05:24 GMT)

Real estate developers and investors eyeing property markets overseas
Real estate players, including developers and property consultants, are benefiting from the growing globalisation of the property market with a free flow of investment and a boost in building opportunities. (Mon, 28 May 2007 00:11:56 GMT)

Site Sells Fictional Real Estate
By JAYMES SONG HONOLULU - Real estate is often a long-term investment. But 10,000 years? Lo'ihi Development Co. will soon start offering oceanview lots speculators won't even be able to stand on for many millennia. (Mon, 28 May 2007 02:09:41 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, 28 May 2007 03:39:25 GMT)

California real estate licenses rise as Realtor ranks slide
The number of real estate sales license-holders in California is continuing to rise despite the downturn in the housing market, but the number of Realtors statewide is falling. There were 387,077 licensed real-estate salespeople in the state in April, up from 385,043 in March and from 359,871 a year ago, according to California Department of Real Estate spokesman Tom Pool. The agency did not have ... (Mon, 28 May 2007 05:31:40 GMT)

Residential real estate veteran offers advice
Making big bucks investing in real estate is a concept that holds a certain allure to many. (Mon, 28 May 2007 05:36:32 GMT)

$39.95 for Hawaii real estate: Waterfront is still underwater
Real estate is often a long-term investment. But 10,000 years? Lo'ihi Development Co. will soon start offering ocean-view lots that speculators... (Mon, 28 May 2007 07:25:37 GMT)

Hamptons luxuriates in real estate boom
Wall Street is strong, the Dow is doing well -- and this high-class area is profiting from it. GARDEN CITY, N.Y. — Forget window shopping the photos of million-dollar manses in the real estate shops on Southampton's Main Street. If you really want to know how the housing market in the Hamptons is faring as summer beckons, Steven Gaines suggests an unusual yardstick. (Mon, 28 May 2007 07:26:48 GMT)

Soft real estate market? Not in this playground of the rich
Forget window shopping the photos of million-dollar manses in the real estate shops on Southampton's Main Street. If you really want to know how the housing market in the Hamptons is faring as summer beckons, Steven Gaines suggests an unusual yardstick. (Mon, 28 May 2007 08:34:40 GMT)

Website to sell nonexistent real estate
Real estate is often a long-term investment. But 10,000 years? Lo'ihi Development Co. will soon start offering oceanview lots speculators won't even be able to stand on for many millennia. That's because they're currently submerged more than 3,000 feet below sea level — on an underwater volcano called Lo'ihi, located about 20 miles southeast of the Big Island. (Mon, 28 May 2007 10:45:49 GMT)

Website to Sell Nonexistent Real Estate
Real estate is often a long-term investment. (Mon, 28 May 2007 10:45:49 GMT)

Website to sell nonexistent real estate (AP)
AP - Real estate is often a long-term investment. But 10,000 years? Lo'ihi Development Co. will soon start offering oceanview lots speculators won't even be able to stand on for many millennia. (Mon, 28 May 2007 11:14:54 GMT)

Hawaii at Work: Real estate connection
THE real estate managed by PM Realty Group-Hawaii is big -- really big. The commercial and industrial properties in the company's Hawaii portfolio range betw e en $5 million and $30 million, including properties such as the Pacific Guardian Center, at 737 Bishop St., and Alii Place, at 1099 Alakea St., and the recently renovated 677 Ala Moana office building. (Mon, 28 May 2007 11:50:52 GMT)

Fictional Real Estate For Sale
Honolulu -- Real estate is often a long-term investment, but 10,000 years? Lo'ihi Development Co. will soon start offering ocean view lots speculators won't even be able to stand on for many millennia. (Mon, 28 May 2007 17:07:06 GMT)

Emaar, The Economic City highlights role of KAEC in economic growth at Saudi International Real Estate Conference
Emaar, The Economic City (Emaar.E.C), the Tadawul-listed Saudi company developing King Abdullah Economic City (KAEC), the single largest private sector-led development in the region, showcased the role of KAEC in fostering the growth of the Saudi Arabian economy at the recent Saudi International Real Estate Conference (SAIREC). (Mon, 28 May 2007 18:04:20 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, 28 May 2007 18:56:34 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, 28 May 2007 20:09:57 GMT)

Wing Tai to form $1bn joint venture for Chinese real estate
LONDON, May 28 (newratings.com) - Wing Tai Holdings Ltd (ticker: WT4) of Singapore Monday announced that it would form a $1 billion joint venture with three other partners to invest in Chinese real estate. (Mon, 28 May 2007 20:12:30 GMT)

Real estate agents face industry clean up
An independent body with wide investigative powers and the ability to force rogue real estate agents to compensate clients is among Government proposals aimed at cleaning up the industry. (Mon, 28 May 2007 22:49:24 GMT)

Govt gets tough on real estate agents
The Government is clamping down on the real estate industry, proposing an end to self-regulation. (Tue, 29 May 2007 00:45:36 GMT)

Biodiesel is new venture for ex-real estate figure
Former Milwaukee real estate figure Frank P. Crivello is venturing into the world of homemade biodiesel fuel, acquiring a business that describes itself as the market leader in making equipment for people to produce fuel from used vegetable oil... (Tue, 29 May 2007 00:47:07 GMT)

Govt gets tough on real estate agents
29 May 2007 The Government is clamping down on the real estate industry, proposing an end to self-regulation. The proposal will see an independent complaints system put in place to protect consumers, taking away the power from the industry's own body, the Real Estate Institute (REINZ). (Tue, 29 May 2007 02:19:50 GMT)

National considers real estate proposal
The protection of consumers and avoiding extra costs for home buyers must be the main thrust of any changes to legislation regarding the real estate industry, says National's Justice spokesman, Simon Power. (Tue, 29 May 2007 02:34:27 GMT)

Changes to Real Estate Framework Time-Consuming
Proposed changes to the Real Estate Agents Act will add unnecessary layers of bureaucracy to the industry and do little to ensure greater levels of professionalism among its agents, according to First National Real Estate Chief Executive Officer Paul Slatin. (Tue, 29 May 2007 02:34:45 GMT)

Big changes for real estate agents
Sweeping changes are being proposed for the Real Estate industry with an independent authority to hear complaints about agents and order penalties. (Tue, 29 May 2007 03:38:13 GMT)

Tough message for real estate industry in proposed changes
Cabinet Minister Clayton Cosgrove has slammed the real estate industry leadership and proposes gutting the body that runs it. (Tue, 29 May 2007 03:57:55 GMT)

Exclusive bank for real estate projects soon,says Premier - Qatar
Exclusive bank for real estate projects soon,says Premier - Qatar (Tue, 29 May 2007 04:07:28 GMT)

Real estate agents face tougher laws
An independent body with wide investigative powers and the ability to force rogue real estate agents to compensate clients is among Government proposals aimed at cleaning up the industry. (Tue, 29 May 2007 05:52:25 GMT)

Briefing - Asia Real Estate - May 29, 2007
An executive briefing on real estate for May 29, 2007, prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, commercial intelligence and business opportunities. (Tue, 29 May 2007 05:58:00 GMT)

No price bubble in Indian real estate -DLF official
MUMBAI, May 29 (Reuters) - Indian property developer DLF Ltd. said on Tuesday it did not see a price bubble in the country's real estate sector, and expects property prices to remain steady at current levels. (Tue, 29 May 2007 08:48:36 GMT)

No price bubble in Indian real estate - DLF official
MUMBAI (Reuters) - Property developer DLF Ltd. said on Tuesday it did not see a price bubble in the country's real estate sector, and expects property prices to remain steady at current levels. (Tue, 29 May 2007 09:00:36 GMT)

Commercial real estate news digest
COMMERCIAL REAL ESTATE NEWS DIGEST Large San Mateo apartment complex set for upgrade. (Tue, 29 May 2007 09:10:13 GMT)

Real estate is a tough sale
The home real estate market continues to be soft in the Twin Cities, and most agree it could get worse. (Tue, 29 May 2007 10:11:54 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. (Tue, 29 May 2007 12:07:02 GMT)

Qatar to get real estate bank
Qatar will soon have a bank whose sole function will be to lend to investors in the country's real estate sector, the Peninsula reported. Qatari banks are restricted to lending not more than 15% of their credit portfolio to the sector under central bank rules. (Tue, 29 May 2007 12:21:31 GMT)

Real-estate trust inks $13.5 billion buyout
Tishman Speyer Properties and Lehman Brothers Holdings Inc. will buy Archstone-Smith Trust for at least $13.5 billion, the firms said Tuesday, in one of the largest conversions of a publicly traded real estate trust to private hands. (Tue, 29 May 2007 14:23:00 GMT)

Hawaii real estate — a looong-term investment
Real estate is often a long-term investment. But 10,000 years? Lo'ihi Development Co. will soon start offering oceanview lots speculators won't even be able to stand on for many millennia. That's because they're currently submerged more than 3,000 feet below sea level — on an underwater volcano called Lo'ihi, located about 20 miles southeast of the Big Island. (Tue, 29 May 2007 16:13:08 GMT)

Tishman, Lehman to buy real estate firm Archstone-Smith
Tishman Speyer Properties owner of New York's Rockefeller Center and the Chrysler building and Lehman Bros. Holdings Inc. will buy Archstone-Smith Trust for at least $13.5 billion, turning one of the largest publicly traded real estate trusts over to private investors. (Tue, 29 May 2007 17:06:37 GMT)

Real estate victim
A Hamilton man left out of pocket due to a real estate agent's failure to mention a major building project planned for next door, is pleased the Government is proposing to make dodgy operators pay up. (Tue, 29 May 2007 17:35:24 GMT)

Politicians in real estate boom
The links between politics and real estate is not hard to fetch. Across the country there are cases after cases exposing the nexus between politicians, builders and interests in real estate. (Tue, 29 May 2007 18:17:54 GMT)

Mixed reaction to real estate reforms
Proposal to revamp and regulate the real estate sector have been greeted with a mixed response. (Tue, 29 May 2007 18:33:01 GMT)

Luxury Homes Selling Despite Real Estate Slump
Despite the nationwide slump in real estate sales, multimillion-dollar luxury homes are still selling well, at least in some markets. (Tue, 29 May 2007 19:00:26 GMT)

Luxury Homes Selling Despite Real Estate Slump
Despite the nationwide slump in real estate sales, multimillion-dollar luxury homes are still selling well, at least in some markets. (Tue, 29 May 2007 19:09:37 GMT)

Real estate victim
30 May 2007 A Hamilton man left out of pocket due to a real estate agent's failure to mention a major building project planned for next door, is pleased the Government is proposing to make dodgy operators pay up. (Tue, 29 May 2007 19:34:49 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, 29 May 2007 19:42:46 GMT)

Real estate
New Zealand real estate agents make over a billion dollars in commissions each year - a figure which galls many as complaints about dodgy agents pile up. This week associate justice minister Clayton Cosgrove unveiled his plans for an independent body that would keep rogue agents in line. (Tue, 29 May 2007 20:21:09 GMT)

U.S. Stocks Rise, Led by Real-Estate Trusts, on Takeovers
May 29 (Bloomberg) -- Real-estate shares surged on the $13.5 billion takeover of Archstone-Smith Trust, propelling U.S. stocks to their second straight advance and the Standard & Poor's 500 Index to within 10 points of a record. (Tue, 29 May 2007 21:44:47 GMT)

Real Estate Market Shows Signs Of Life
It's too soon to call it any kind of trend, but the greater Boston real estate market is starting to show real signs of life. NewsCenter 5's Rhondella Richardson reported Tuesday that sales are up, and inventory is down. (Tue, 29 May 2007 22:22:13 GMT)

Real Estate Market Shows Signs Of Life
It's too soon to call it any kind of trend, but the greater Boston real estate market is starting to show real signs of life. (Tue, 29 May 2007 22:36:16 GMT)

Vietnam's real estate firm to list on June 14
HANOI, May 30 (Reuters) - Vietnam's Cho Lon Real Estate Company will float its shares on the Hanoi stock market next month, making it the 87th stock to trade on the over-the-counter market, a company executive said on Wednesday. (Wed, 30 May 2007 03:36:50 GMT)

Private investors buy real estate trust
Tishman Speyer Properties — owner of New York’s Rockefeller Center and the Chrysler building — and Lehman Brothers Holdings Inc. will buy Archstone-Smith Trust for at least $13.5 billion, turning one of the largest publicly traded real estate trusts over to private investors. The buyout provides further evidence of a booming market for commercial real estate and intense investor interest in ... (Wed, 30 May 2007 04:18:36 GMT)

Real estate trust draws $15.5 billion buyout
NEW YORK - Tishman Speyer Properties, owner of Rockefeller Center and the Chrysler Building, and Lehman Bros. Holdings Inc. will buy Archstone-Smith for about $15.5 billion, turning one of the largest publicly traded real estate trusts over to private investors. (Wed, 30 May 2007 08:02:26 GMT)

Another Real Estate firm breaches code
Only two months after real estate firm Harcourts was rapped over the knuckles for using dodgy advertising methods, the Advertising Standards Authority has found that L J Hooker is also guilty of misleading consumers. (Wed, 30 May 2007 08:16:02 GMT)

Real estate trust targeted to go private
NEW YORK–Tishman Speyer Properties, which owns New York's Rockefeller Center and the Chrysler building, plans to partner with Lehman Brothers Holdings Inc. to buy Archstone-Smith Trust for at least $13.5 billion (U.S.). That would take private one of the largest U.S. publicly traded real estate trusts. (Wed, 30 May 2007 08:44:11 GMT)

Get to know ... Marcus Pitts, 27, commercial real estate broker
Marcus Pitts, 27, commercial real estate broker (Wed, 30 May 2007 09:15:53 GMT)

Supervisors vote to eliminate real estate tax
Southampton Township, Franklin County, supervisors voted to eliminate the township s general purpose real estate tax in a Tuesday evening vote. (Wed, 30 May 2007 11:53:25 GMT)

Europe: Commercial Real Estate Sizzles
Turns out, the Gherkin was only an appetizer. The distinctive pickle-shaped London skyscraper, designed by Sir Norman Foster, was sold in February by insurer Swiss Re for $1.2 billion, in one of Europe's biggest-ever real estate deals. (Wed, 30 May 2007 12:08:41 GMT)

Archstone: Private Equity's Latest Real-Estate Prize
Archstone-Smith shares rallied May 29 on news that Tishman Speyer Properties, a private real estate investor, and Lehman Brothers will acquire the apartment real estate investment trust in a deal worth $22.2 billion, including debt to be assumed and refinanced. (Wed, 30 May 2007 12:08:41 GMT)

China Real Estate Report
China Real Estate Report (Wed, 30 May 2007 13:44:12 GMT)

India's top real estate firm upbeat on IPO, owner set to join world's billionaires
India's top real estate company, DLF Ltd., is confident of a strong response to its initial public share offering _ the biggest in Indian stock market history _ when it opens next month despite tapering house price rises, it said Wednesday. (Wed, 30 May 2007 14:53:42 GMT)

Real estate firm rapped over knuckles
Only two months after real estate firm Harcourts was rapped over the knuckles for using dodgy advertising methods, the Advertising Standards Authority has found that L J Hooker is also guilty of misleading consumers. (Wed, 30 May 2007 17:24:03 GMT)

Real Estate Expert Claims Black Cheated Hollinger
A real estate expert testified Tuesday the price media mogul Conrad Black paid Hollinger International Inc. for a co-op apartment on New York's Upper East Side was $5.5 million below fair market value. (Wed, 30 May 2007 17:40:02 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, 30 May 2007 18:13:33 GMT)

DP Partners puts real estate portfolio up for sale
In real estate, cash is king. It's a truism that DP Partners understands all too well. The company recently listed its entire real estate portfolio for sale, including nearly 4 million square feet worth of properties in Southern Nevada. (Wed, 30 May 2007 19:30:26 GMT)

Camden Waterfront Prison Now Prime Real Estate
The Riverfront State Prison along the Delaware River is considered prime real estate and Camden residents support a proposal to eliminate it. (Wed, 30 May 2007 21:50:49 GMT)

Censured real estate agent wins international award
Shaun Cosgrave, who was last year warned by the Commerce Commission, has been named Australasia's top real estate agent by the largest agency chain, Harcourts. (Wed, 30 May 2007 23:47:16 GMT)

Investa recommends Morgan Stanley Real Estate bid
SYDNEY, May 31 (Reuters) - Australian real estate firm Investa Properties Ltd. said on Thursday it recommended a A$3.08 per share takeover bid from Morgan Stanley Real Estate. (Wed, 30 May 2007 23:58:40 GMT)

New Search Engine Benefits Local Real Estate Market
CyberSunshine, Inc., a leading real estate website development company, announced today a joint agreement with Waterman Broadcasting to create a new localized real estate search engine, "Home Spot," set to launch in June 2007. (Thu, 31 May 2007 00:09:41 GMT)

Morgan Stanley in $3.9B real estate buy
The financial powerhouse's global expansion continues with purchase of Australian real estate firm Investa Properties. (Thu, 31 May 2007 01:43:55 GMT)

Real Estate Institute backs reforms
The Real Estate Institute says it supports amendments to a reform bill passed by the South Australian upper house this week. (Thu, 31 May 2007 02:51:20 GMT)

Morgan Stanley to Buy Real Estate Investor
Morgan Stanley has agreed to buy a real estate investor, the Investa Property Group of Australia, for 4.7 billion Australian dollars ($3.9 billion) in cash. Including debt, the offer values Australia?s biggest publicly traded owner of office buildings at 6.6 billion Australian dollars. The bid is subject to an independent expert?s report confirming that the offer is in the best interests of ... (Thu, 31 May 2007 03:27:16 GMT)

Briefing - Asia Real Estate - May 31, 2007
An executive briefing on real estate for May 31, 2007, prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, commercial intelligence and business opportunities. INVESTMENT FLOODS INTO VIETNAMESE PROVINCE (Thu, 31 May 2007 05:25:00 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, 31 May 2007 05:29:21 GMT)

Sector movers: Real Estate, Chemicals in demand
LONDON (SHARECAST) - Real estate stocks enjoyed plenty of attention with shares in British Land , Land Securities , Hammerson , Liberty International all higher. (Thu, 31 May 2007 08:38:30 GMT)

London midmorning: Real Estate, brokers fuel rally
LONDON (SHARECAST) - London rose, helped by a strong close in the US overnight, while broker comment and a strong show from the real estate sector further fuelled buyer appetite. (Thu, 31 May 2007 09:23:30 GMT)

Brazilian Real Estate Co MRV Engenharia Plans IPO On Bovespa
SAO PAULO -(Dow Jones)- Brazilian real estate company MRV Engenharia e Participacoes S.A. is planning an initial public offering on the Brazilian Stock Exchange, or Bovespa, the company said Thursday in a filing with the Brazilian Securities Commission, or CVM. (Thu, 31 May 2007 11:17:51 GMT)

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