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SOMETHING TO TALK ABOUT: Report: Feds investigate real estate deals of governor's wife
CHICAGO (AP) - Federal investigators are looking into real estate deals involving Gov. Rod Blagojevich's wife, including the sale of a $3.2 million home owned by one of the governor's campaign donors, according to a published report. (Sun, 09 Dec 2007 02:42:53 GMT)
Real estate people
Do you have real estate news? Send it to business@citizen-times.com, with "Real Estate People" in the subject line. We will publish items as soon as possible, in the order in which they were received. (Sun, 09 Dec 2007 05:39:55 GMT)
Trump takes on Philippine real estate giant over name: report
The US tycoon and television personality Donald Trump is taking on a Philippine property firm over their alleged attempt to use his name in one of their real estate projects, a report said Saturday. (Sun, 09 Dec 2007 06:30:31 GMT)
DREI partners with Centre for Real Estate Studies at NYLS, USA
The Dubai Real Estate Institute (DREI), the region's first academic institute for real estate studies, has signed a Memorandum of Understating (MoU) with the Centre for Real Estate Studies at New York Law School (NYLS), USA to enable cooperation between the two institutions to develop a law graduate program in the future as well as offer executive education on the different legal aspects of the ... (Sun, 09 Dec 2007 07:18:44 GMT)
Hilton among best real estate agents
Sue Hilton of Bellingham has been named among the best real estate agents in Puget Sound for the third consecutive year. Hilton, a 16-year agent with Windermere Real Estate, was honored as a “2007 Five Star Real Estate Agent: Best in Client Satisfaction” in Seattle magazine’s December issue. (Sun, 09 Dec 2007 08:04:02 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, 09 Dec 2007 08:17:44 GMT)
Real estate prices dropping slower in North Idaho
COEUR d'ALENE -- Real estate prices in North Idaho appear to be defying gravity, dropping far slower than they rose in recent years. With more homes for sale, tighter credit and concerns that the region's market may have become overpriced, it's now taking an average of four months to sell a house. (Sun, 09 Dec 2007 10:14:45 GMT)
Sobha ensures on-time delivery for real estate projects in Middle East
Sobha Group, the Indian real estate giant to launch Sobha Daffodil, their first residential development in Dubai, has committed to ensure on-time delivery for all developments it undertakes in the Middle East. (Sun, 09 Dec 2007 10:33:24 GMT)
Sara Real-Estate Co. Launches New Real-estate Project
Amman, Jordan: Sara Real-Estate Co, a subsidiary of Faouri Group, recently announced that it is currently in the process of constructing a new multi-purpose commercial building. (Sun, 09 Dec 2007 11:46:25 GMT)
Pa. slots could bring real estate tax relief
CHAMBERSBURG, PA. - Homeowners in the Chambersburg Area School District might pay less in real estate taxes in 2008-09 as Pennsylvania's slot machine casinos are expected to bring in sufficient revenue that funds can be distributed to school districts for property tax relief. (Sun, 09 Dec 2007 13:00:46 GMT)
Sara Real-Estate Co. launches new real estate project
Sara Real-Estate Co, a subsidiary of Faouri Group, recently announced that it is currently in the process of constructing a new multi-purpose commercial building. (Sun, 09 Dec 2007 13:19:07 GMT)
East Bay commercial real estate market shaken
THE SUBPRIME smashup jolted the East Bay commercial real estate market in the third quarter and marred an otherwise sturdy performance. (Sun, 09 Dec 2007 15:37:13 GMT)
CORRECT: UBS Denies It Put Payouts For 3 Real Estate Funds On Hold -2
"This is incorrect, these two funds don't have exit queues like Triton, and are functioning entirely normally," said Small. ("UBS Denies It Put Payouts For 3 Real Estate Funds On Hold," published 1329 GMT, misquoted the spokeswoman.) (Sun, 09 Dec 2007 23:59:26 GMT)
Bonner County considers law requiring real estate disclosures
SANDPOINT, Idaho (AP) - Bonner County commissioners will consider an ordinance that would require real estate companies to disclose sales information. (Mon, 10 Dec 2007 00:06:54 GMT)
Playing India's Commercial Real Estate Boom: A How-To Guide
Indian real estate is booming -- and a column on TheStreet.com points out ways that investors can take advantage of this upside. (Mon, 10 Dec 2007 02:07:51 GMT)
Real Estate Management Business Plan
MSN Real Estate (MSN) is an Oregon-based real estate company that will offer benchmarked rental units for the Eugene, Oregon community. MSN's units will balance safety, cutting edge features, and a positive atmosphere for all tenants. (Mon, 10 Dec 2007 06:03:48 GMT)
Real estate pros kick off large office project at University Park
A real estate venture made up of several veterans of the local industry has announced its first development. (Mon, 10 Dec 2007 06:25:41 GMT)
Credit crunch ices commercial real estate deals
Real estate investment sales are falling off and prices dipping, brokers say, as the credit crunch puts a damper on large commercial real estate transactions. (Mon, 10 Dec 2007 06:25:50 GMT)
Real estate prices dropping slower in North Idaho
COEUR d'ALENE -- Real estate prices in North Idaho appear to be defying gravity, dropping far slower than they rose in recent years. With more homes for sale, tighter credit and concerns that the region's market may have become overpriced, it's now taking an average of four months to sell a house. (Mon, 10 Dec 2007 10:14:41 GMT)
PIT law has little impact on real estate market
VietNamNet Bridge – The property volume now offered on HCM City’s real estate trading floors has reduced slightly after the announcement of the Personal Income Tax (PIT) law, but sale prices remain high. (Mon, 10 Dec 2007 10:29:39 GMT)
German Stocks Advance, Led By Commerzbank, Hypo Real Estate
Dec. 10 (Bloomberg) -- Germany's DAX Index gained, led by Commerzbank AG, the country's second-largest lender, Hypo Real Estate Holding AG and Infineon Technologies AG. (Mon, 10 Dec 2007 10:42:27 GMT)
Amana completes Dhs11.23m office building for Qatar Real Estate Investment Company
Amana Contracting and Steel Buildings, one of the leading names in fast track and turnkey construction in the Middle East, has completed a landmark office building for Qatar Real Estate Investment Company (QREIC) - a leading Qatari shareholding company. (Mon, 10 Dec 2007 11:35:03 GMT)
Al Qudra Real Estate announces strategic partnership at Refex in Al Ain
Al Qudra Real Estate, the real estate arm of Al Qudra Holding announced its strategic partnership for the first Real Estate and Finance Exhibition (Refex) which is being held from the 10th to the 13th of December, 2007 in Al Ain City. (Mon, 10 Dec 2007 11:49:27 GMT)
Niagara County Real Estate Transactions
Following are real estate transactions over $5,000 as listed in records of the Niagara County clerk’s office for the week ending Oct. 26. (Mon, 10 Dec 2007 12:10:17 GMT)
Real estate group lifts market outlook
A trade group for real estate agents gave a slightly sunnier outlook for 2007 and 2008 home sales Monday, arguing that the battered real estate market is on the verge of stablilizing. (Mon, 10 Dec 2007 15:21:15 GMT)
Conn.: Real-Estate Suit Settled
A law firm, mortgage company and real estate broker have agreed to pay $700,000 in fines, forfeitures and restitution to settle allegations that they engaged in kickback schemes that cheated hundreds of home buyers for mortgage-related services, state officials said Monday. (Mon, 10 Dec 2007 20:38:17 GMT)
Real Estate Group Lifts 2008 Outlook
Bucking conventional wisdom, a trade group for real-estate agents said the battered housing market is on the verge of stabilizing and inched-up its outlook for 2007 and 2008 home sales. (Tue, 11 Dec 2007 02:30:04 GMT)
Kansas City's commercial real estate market bolsters its standing in Midwest
Commercial real estate executives nationwide are optimistic that 2008 will be a profitable year for their industry, but economic factors could stymie future growth. (Tue, 11 Dec 2007 04:35:36 GMT)
Direct China links would boost real estate: developer
TAIPEI, Taiwan -- Direct transport links with China would boost Taiwan's real estate prices by 30 percent, Chao Teng-hsiung, president of the Farglory Land Development Co., estimated yesterday. (Tue, 11 Dec 2007 04:55:27 GMT)
Real estate trade group lifts outlook for 2008 home sales
WASHINGTON, D.C. †Bucking conventional wisdom, a trade group for real-estate agents on Monday said the battered housing market is on the verge of stabilizing and inched-up its outlook for 2007 and 2008 home sales. (Tue, 11 Dec 2007 07:17:00 GMT)
Real Estate: Condos being planned at former Scordato's site
Staring the real estate slowdown in the face, a local restaurant owner is working on plans to turn a former restaurant site into a condominium complex. (Tue, 11 Dec 2007 07:17:48 GMT)
Spaces and Places: Valley real estate draws Persian Gulf money
There's "still room to run" say two investment firms that have teamed up to buy Silicon Valley commercial real estate - mostly with capital supplied by investors from six Persian Gulf countries. (Tue, 11 Dec 2007 09:56:13 GMT)
Real estate technology repository goes online
RealVisionHomes.com has been launched to aid project developers, real estate agents, and investors in bringing tools, know how and concepts. (Tue, 11 Dec 2007 11:04:07 GMT)
Investors Real Estate Trust "neutral"
NEW YORK, December 11 (newratings.com) - Analysts at Robert W Baird reiterate their "neutral" rating on Investor Real Estate Trust ( IRETS.NAS ). The target price is set to $11. (Tue, 11 Dec 2007 12:08:00 GMT)
Real estate agent fined $7500
A test case for real estate agents using "buyer enquiry over" methods to sell properties has resulted in a Wellington agent being fined $7500, and the judge warning all agents they are on notice. (Tue, 11 Dec 2007 18:37:09 GMT)
Global real estate a good hedge against inflation, say GGOF managers
A well-diversified global real-estate portfolio is an effective way to hedge against inflation and remain insulated from the U.S. economic slowdown, said fund managers from Guardian Group of Funds Ltd. (GGOF) during a conference call today. (Tue, 11 Dec 2007 20:01:58 GMT)
Hefty fine for real estate agent
A Wellington real estate agent has been fined $7,500 for misleading buyers with his use of a particular phrase. The charges against Tim Whitehead are being seen as a test case for the real estate industry. (Tue, 11 Dec 2007 21:36:56 GMT)
Jet: The Future Of Real Estate Now!
The New Zealand real estate industry is poised for a dramatic change with today’s launch of Jet - the agent you use when you don’t want to use an agent. (Tue, 11 Dec 2007 22:14:47 GMT)
Real Estate head backs judge's warning
The head of the Real Estate Institute has welcomed a judge's warning that all agents are on notice over the use of "buyer inquiry over" advertising methods, after a test case against a Wellington agent. (Tue, 11 Dec 2007 22:19:32 GMT)
N.Z. Real Estate Company The Joneses Plans Public Listing
Dec. 12 (Bloomberg) -- The Joneses, a New Zealand real estate company, said it plans to begin trading on the stock exchange and probably will seek to raise capital from new investors next year. (Tue, 11 Dec 2007 22:44:12 GMT)
Bleak real estate market could get worse if city owns, sells property
With the city’s real estate market already struggling, state leaders spent Tuesday worrying how not to make it worse when thousands of homes that were abandoned by storm victims go on sale. (Wed, 12 Dec 2007 02:09:52 GMT)
Lower Paxton might raise real estate taxes after 18 years
Next week, Lower Paxton Twp. Supervisors likely will raise real estate taxes for the first time since 1990. At several recent budget workshop meetings, supervisors have examined ways to save money in the $20 million 2008-2009 budget. They are scheduled to vote on it Dec. 18. (Wed, 12 Dec 2007 03:08:30 GMT)
Real estate company plans to list
Rebel real estate company The Joneses plans to list on the stock exchange early next year. (Wed, 12 Dec 2007 03:40:23 GMT)
China's Xinyuan Real Estate IPO raises $245 mln
NEW YORK, Dec 11 - Xinyuan Real Estate, a Chinese residential real estate developer, on Tuesday raised $245 million with an initial public offering that priced within expectations. (Wed, 12 Dec 2007 03:59:20 GMT)
• Is Your Ocala Real Estate Broker Trustworthy?
There are so many real estate options to choose from in Ocala, Florida. However, you have to choose your broker wisely to get the most out of your money and time. There have been cases of buyers paying more for poor quality because of unscrupulous real estate brokers. (Wed, 12 Dec 2007 05:42:17 GMT)
Ain Al Faydah captivates visitors at the Real Estate and Finance Exhibition in Al Ain (REFEX)
Ain Al Faydah, a distinctive healthcare and leisure community development that Al Qudra Real Estate is showcasing at the first Real Estate and Finance Exhibition, captivated the interest of investors and visitors. (Wed, 12 Dec 2007 07:19:21 GMT)
Trusting in real estate
A coalition of European real estate industry bodies is lobbying the European Commission for an EU framework for real estate investment trusts (EU REIT). This framework would tackle obstacles to cross-border property investment and enhance market security and stability. (Wed, 12 Dec 2007 08:32:11 GMT)
Real Estate Marketing Company Yourkasa Offers Discounted Rate on Special Sales Packages
Real Estate Marketing Company takes action to help those looking to sell a home in a volatile market. (PRWeb Dec 12, 2007) Post Comment:Trackback URL: http://www.prweb.com/pingpr.php/Q3Jhcy1QaWdnLVpldGEtU3VtbS1UaGlyLVplcm8= (Wed, 12 Dec 2007 08:33:25 GMT)
N. Franklin real estate tax increase unlikely
Property owners will not likely face an increase in their North Franklin Township real estate taxes. (Wed, 12 Dec 2007 08:51:49 GMT)
Analysts urge caution as real estate shares buck market trends
HA NOI — Shares in real estate development companies have enjoyed sustainable growth during recent stock market doldrums, but analysts are warning investors to be cautious. (Wed, 12 Dec 2007 12:07:59 GMT)
Xinyuan Real Estate's IPO Prices at $14
Shares of Xinyuan Real Estate Co., which develops real estate in China, will begin trading Wednesday after the company's initial public offering priced at $14 per American Depositary Share, the midpoint of expectations. (Wed, 12 Dec 2007 13:00:03 GMT)
German Stocks Climb; Bayer, Postbank, Hypo Real Estate Advance
Dec. 12 (Bloomberg) -- Germany's DAX Index advanced, led by Bayer AG, the country's biggest drugmaker, Deutsche Postbank AG, and Hypo Real Estate Holding AG. (Wed, 12 Dec 2007 14:26:45 GMT)
Real Estate Partnerships Said to Underreport Gains by $20B
A former Internal Revenue Service specialist in partnerships told the New York Times last week that real estate partnerships failed to report $20 billion in gains during 2005. Jerry Curnutt, the former agent, also said that a recent I.R.S. statistical report indicated that unreported real estate gains were growing. (Wed, 12 Dec 2007 15:08:01 GMT)
Arcandor Sells Remaining Real Estate Stake for EU800 Million
Dec. 12 (Bloomberg) -- Arcandor AG, Germany's largest department-store owner, sold the remaining stake in its property holdings to Deutsche Bank AG's RREEF Real Estate, Pirelli & C. Real Estate SpA and Borletti Group. (Wed, 12 Dec 2007 16:41:36 GMT)
For Gurgaon real estate agents, a gun is a must
It has got all the trappings of a big city but scratch a little deeper and you realise Gurgaon still obeys the law of the jungle. The ongoing property boom and the predominance of small real estate operators have made Gurgaon top the state of Haryana in the total number of applications for arms licenses. (Wed, 12 Dec 2007 17:06:43 GMT)
Real Estate Weekly: Lowe's ponders store in Waukesha
Lowe's Companies Inc. is considering opening its first store in Waukesha County. Read more in the new edition of the Small Business Times Real Estate Weekly bulletin. (Wed, 12 Dec 2007 17:37:38 GMT)
Hefty fine for real estate agent
A Wellington real estate agent has been fined $7,500 for misleading buyers with his use of a particular phrase. The charges against Tim Whitehead are being seen as a test case for the real estate industry. (Wed, 12 Dec 2007 18:24:57 GMT)
Xinyuan Real Estate Shares Rise in Debut
Shares of Xinyuan Real Estate Co., which develops real estate in China, gained in their debut on Wednesday after the company's initial public offering of American Depositary Shares priced at the midpoint of expectations. (Wed, 12 Dec 2007 18:57:10 GMT)
Jay-z Moves Into Real Estate
Rap mogul JAY-Z looks set to become the next DONALD TRUMP, after buying up a huge plot of New York real estate with the intention of turning it into a (Wed, 12 Dec 2007 20:20:48 GMT)
Scripps Builds On HGTV With Real Estate Site FrontDoor
As part of continuing efforts to expand its online market share, Scripps Networks' interactive group is rolling out its first original web product, real estate site FrontDoor.com. The site, currently in beta and expected to go live next month, will use Scripps's vast video archive of home-related content from its HGTV and DIY cable nets and online properties. Release (Wed, 12 Dec 2007 20:24:00 GMT)
Feds settle with Milwaukee real estate listings service
Associated Press - December 12, 2007 4:05 PM ET WASHINGTON (AP) - Federal antitrust regulators say a Milwaukee-area company will have to treat all real estate listings equal when it posts them... (Wed, 12 Dec 2007 21:05:00 GMT)
Cosgrove: Real Estate Agents Bill
Real Estate Agents Bill First Reading Speech Hon Clayton Cosgrove Associate Minister of Justice December 2007 (Wed, 12 Dec 2007 23:28:54 GMT)
Real estate site will compete with Zillow
Newspaper and cable TV giant E.W. Scripps' Knoxville, Tenn., unit, Scripps Networks, is unveiling an online real estate service called FrontDoor that is attempting to leverage content from its HGTV cable channel. (Thu, 13 Dec 2007 02:22:24 GMT)
Red Fort Capital To Launch Rs. 800 Cr. Real Estate Fund
(RTTNews) - Thursday, the media reported that Red Fort Capital, an international private equity real estate firm, proposed to launch a Rs. 800 crore domestic real estate fund in early 2008. (Thu, 13 Dec 2007 04:55:59 GMT)
Club Med Reports Annual Loss on Real-Estate Delays (Update1)
Dec. 13 (Bloomberg) -- Club Mediterranee SA, Europe's largest resort operator, reported an annual loss after postponing property transactions because of a slowdown in the real-estate market. (Thu, 13 Dec 2007 07:20:02 GMT)
Analysts urge caution as real estate shares buck market trends
VietNamNet Bridge – Shares in real estate development companies have enjoyed sustainable growth during recent stock market doldrums, but analysts are warning investors to be cautious. (Thu, 13 Dec 2007 08:58:58 GMT)
Scripps lists real estate online
The E.W. Scripps Co. has landed with a thud on the front porch of the real estate industry with an online listing service, FrontDoor.com. (Thu, 13 Dec 2007 10:37:46 GMT)
Arcandor Shares Decline on Rent Concern After Real-Estate Sale
Dec. 13 (Bloomberg) -- Arcandor AG, Germany's largest department-store owner, fell in Frankfurt trading as analysts said benefits of a real-estate sale announced yesterday may be outweighed by higher rent expenses. (Thu, 13 Dec 2007 10:56:36 GMT)
Report: real estate slump not as bad here
Real estate prices in Baxter County generally were lower in October compared to sales during the same period last year, according to the Arkansas Realtors Association's (ARA) latest report. (Thu, 13 Dec 2007 11:02:33 GMT)
Hawaii's commercial real estate market expected to remain strong
Hawaii's commercial real estate market is expected to fare better than the national average in 2008 even as economists predict a 50 percent chance of a nationwide recession. (Thu, 13 Dec 2007 12:03:31 GMT)
Country's real estate slump has minimal impact locally
As real estate prices tumble across the country, Newport County seems to be taking less of a hit. And finding a bargain after the boom period earlier in the decade still may take some digging. (Thu, 13 Dec 2007 16:24:12 GMT)
Liquid Realty Raises $572.3 Mln For Secondary Real Estate Investments - Update
(RTTNews) - San Francisco-based Real estate Secondaries Firm Liquid Realty Partners Wednesday said it closed its fourth fund, Liquid Realty Partners IV LP, with capital commitments of $572.3 million, exceeding the original fund raising target of $400 million. (Thu, 13 Dec 2007 16:41:49 GMT)
Real estate transactions
Multifamily real estate transactions filed with the Clark County Assessor from Nov 1-15. The information includes seller's name, buyer's name, property location, description, unit type, price and closing date. (Thu, 13 Dec 2007 18:12:13 GMT)
Hitwise Ranks REALTOR.com as Top Real Estate Search Term
Hitwise, a leading online competitive intelligence service, ranked REALTOR.com as the number one search term used in the real estate industry category during the month of November . (Thu, 13 Dec 2007 18:17:00 GMT)
Union Township holds line on real-estate tax
Lickdale — The Union Township supervisors last night gave final approval to a $586,889 budget for 2008. Homeowners will not see an increase in the real-estate tax, which will remain at 1 mill. (Thu, 13 Dec 2007 18:31:49 GMT)
Jay-Z turns real estate mogul
Hip-hop mogul Jay-Z hopes to become the next Donald Trump after buying this plot of Manhattan real estate. (Thu, 13 Dec 2007 21:33:00 GMT)
REAL ESTATE
Residential real estate In this section you can find different offers on residential real estate from the leading real estate agencies: Apartments for all tastes: standard to luxurious, short or long terms. (Thu, 13 Dec 2007 22:16:44 GMT)
Liquid Realty Partners raises $572M fund for real estate
Liquid Realty Partners, a San Francisco firm focused on acquiring real estate funds, partnerships and interests in the secondary market, said Thursday that it raised $572.3 million in its fourth fund. (Thu, 13 Dec 2007 22:18:13 GMT)
REAL ESTATE CATALOGUE
In the nearest issue you will find the latest data on commercial, residential and trade premises in St. Petersburg. Fresh information about state of real estate market, tips from the leading consulting companies and much more! (Thu, 13 Dec 2007 22:18:54 GMT)
National housing firm ranks San Antonio as a top market for real estate investing
San Antonio has been named one of the best markets for residential real estate investing in 2007 by HomeVestors of America Inc., the company known from its ad slogan "We Buy Ugly Houses." (Thu, 13 Dec 2007 22:29:19 GMT)
Gov't Blocked in Real Estate Case
The federal government's effort to make it easier for discount brokers to use online real estate listings was dealt a blow --a localized blow --but a blow nonetheless this week. (Thu, 13 Dec 2007 22:42:35 GMT)
Taiwan To Allow Insurers To Invest In Overseas Real Estate
TAIPEI -(Dow Jones)- Taiwan's financial regulator said late Thursday it plans to allow local insurers to invest in real estate overseas for the first time. (Fri, 14 Dec 2007 03:41:00 GMT)
Reader supports real estate investing
Marin County resident M.M. e-mailed me to say, "Anyone who thinks real estate investing in Marin is not a good deal, doesn't have enough common sense to live here, (Fri, 14 Dec 2007 05:18:27 GMT)
Philippine real estate giant renames company after Trump threat
A vendor sells snacks in front of a sign of Philippine property real estate developer Megaworld Corp. advertising their new project "the Trumps," in the financial district of Makati, in suburban Manila. (Fri, 14 Dec 2007 05:52:01 GMT)
Philippine real estate giant renames company after Trump threat
Philippine real estate giant Megaworld Corp changed the name of a project -- originally called "The Trumps" -- after US tycoon and television personality Donald Trump threatened to take them to court, a local business daily said Friday. (Fri, 14 Dec 2007 06:16:52 GMT)
Cuomo Breathes New Life Into Real Estate Bureau
After more than two years of dormancy, the enforcement arm of Attorney General Cuomo's real estate bureau is being revived, Mr. Cuomo said in an interview yesterday. The attorney general's office has put forward a bill that would raise the maximum fee for reviewing offering plans to $30,000, a 50% increase. If the bill, which would affect only larger developers, passes next year, the new revenue ... (Fri, 14 Dec 2007 06:30:38 GMT)
Report: Manhattan Retail Real Estate Prices Jump 26%
Manhattan real estate rental prices jumped significantly during the past year, increasing 26% to $133 a square foot, according to a report released this week by the Real Estate Board of New York. Every neighborhood surveyed in the report showed an increase in asking rents for retail space compared to last year. The president of REBNY, Steven Spinola, said the increases show that the city's ... (Fri, 14 Dec 2007 06:33:56 GMT)
(AFX UK Focus) 2007-12-14 09:03 GMT: Japan's Mitsubishi Estate to raise stake in Towa Real Estate to 51.9 percent
TOKYO (Thomson Financial) - Japan's Mitsubishi Estate Co Ltd, the nation's second-largest property developer, said Friday it will raise its stake in Towa Real Estate Development Co Ltd, turning it into a subsidiary in a bid to further strengthen the business relationship between the two companies and expand their market. (Fri, 14 Dec 2007 09:36:30 GMT)
Gripes against Hawaii real estate agents rise
Complaints filed with the state against Hawai'i real estate agents in the last fiscal year rose to a six-year high, while the number of fines issued was the highest in at least a decade. (Fri, 14 Dec 2007 12:23:23 GMT)
Charter Real Estate Investment Trust (TSX-V: CRH.UN) Announces Agreement to Acquire Place Val Est in Sudbury
Charter Real Estate Investment Trust is pleased to announce that it has agreed to acquire Place Val Est, a food-anchored retail strip centre located in Sudbury, Ontario for an aggregate purchase price before closing costs of $14.72 million. (Fri, 14 Dec 2007 13:00:00 GMT)
U.K. Commercial Real Estate Returns Drop By Record (Update1)
Dec. 14 (Bloomberg) -- U.K. commercial real estate returns fell by a record amount last month as higher interest rates and a drop in bank lending pushed prices down, according to Investment Property Databank Ltd., a London-based research firm. (Fri, 14 Dec 2007 17:09:59 GMT)
Dallas named third in U.S. for real estate investing
HomeVestors of America Inc., a home buyer and proprietor of the "We Buy Ugly Houses" advertising campaign, has named Dallas the third best market in the United States for real estate investors. (Fri, 14 Dec 2007 17:53:40 GMT)
Real estate biggies set up stalls in Dubai to lure NRIs
The three-day Indian Property Show, which kicked off at Airport Expo in Dubai on Thursday, has attracted all major real estate developers from India, who are showcasing their projects to prospective buyers, mostly NRIs. With over Rs 25,000 crore worth of property on display and over 250 projects from across India to choose from, the expatriates would be spoilt for choice, literally. The show, ... (Fri, 14 Dec 2007 20:54:46 GMT)
Real estate bond sales to set record
Morgan Stanley, Deutsche Bank AG, and other investment banks are on track to sell a record amount of bonds tied to real estate in Japan, where rising property prices have created a safe haven from... Read more ... (Fri, 14 Dec 2007 21:30:26 GMT)
Real Estate Weekly -- Dec. 14
Data from ForSaleByOwner.com shows that real-estate agents and brokers will collect $55 billion in commissions during 2007. The figure is down substantially from last year's commissions, when they raked in $65 billion, and 2005, when they collected $68 billion. (Fri, 14 Dec 2007 21:38:34 GMT)
Forestar Real Estate Group Announces Completion of Credit Facilities
Forestar Real Estate Group Inc. (NYSE:FOR) today announced that the company has obtained $440 million (Fri, 14 Dec 2007 21:44:05 GMT)
Alexandria Real Estate Declares Dividend
Alexandria Real Estate Equities Inc. on Thursday announced a regular quarterly dividend of 78 cents per share. The real estate investment trust said it will pay the dividend Jan. 15 to shareholders of record Jan. 2. (Fri, 14 Dec 2007 22:32:23 GMT)
Surf's Up for Hawaii's Commercial Real Estate Sector
Despite some economists' predictions that there is a 50 percent chance of recession in the coming year, the commercial real estate market in Hawaii appears to have a strong year ahead, according to an article in the Honolulu Star-Bulletin. (Fri, 14 Dec 2007 23:09:20 GMT)
Real estate company trumped by mogul
Megaworld Corp, the giant Philippines real estate company has changed the name of a condominium project after a complaint from New York tycoon, Donald Trump. (Sat, 15 Dec 2007 00:11:37 GMT)
Real Estate People & Places
Real estate news in brief. (Sat, 15 Dec 2007 05:29:25 GMT)
Country's real estate slump has minimal impact locally
As real estate prices tumble across the country, Newport County seems to be taking less of a hit. And finding a bargain after the boom period earlier in the decade still may take some digging. (Sat, 15 Dec 2007 05:39:28 GMT)
DWC signs strategic partnership with Dubai Real Estate Institute
Dubai World Central (DWC) - the huge140 square kilometre urban aviation project under construction in Jebel Ali, Dubai - is joining hands with Dubai Real Estate Institute (DREI), the leading academic institute for real estate studies and real estate development programs in the Middle East, in a long-term partnership to provide DWC employees and executives real estate education and professional ... (Sat, 15 Dec 2007 08:04:07 GMT)
Real Estate Weekly -- Dec. 14
Real Estate Weekly -- Dec. 14 (Sat, 15 Dec 2007 08:11:31 GMT)
Real estate commissions drop $9 billion from 2006
The slowing home sales market has pinched Realtors' pocketbooks despite an increase in the amount per house. Real estate agents will collect a total of more than $56 billion in commissions this year, according to estimates from the Web site ForSale ByOwner.com. That's down from $65 billion last year and $68 billion in 2005, at the height of the real estate boom. (Sat, 15 Dec 2007 09:13:00 GMT)
REAL ESTATE FOR RENT
GLYFADA (KATO), near the center, luxurious brand-new apartment, 150 sq.m., 3 bedrooms, 2 bathrooms, 1 WC, a/c, wooden flooring, quiet neighborhood. SAKALIDOU REAL ESTATE, tel 210.89.44.949, 6932.442.111. (HT6391) (Sat, 15 Dec 2007 10:38:20 GMT)
Real-estate-tax bills changing
FREMONT -- Sandusky County residents will see some changes in their real-estate-tax bills early next year. (Sat, 15 Dec 2007 13:45:18 GMT)
Real-estate-tax bills changing
FREMONT -- Sandusky County residents will see some changes in their real-estate-tax bills early next year. One of the major changes from the old bill is that residents will see a breakdown of what their tax money is funding. (Sat, 15 Dec 2007 18:17:02 GMT)
Real estate people
Do you have real estate news? Send it to business@citizen-times.com, with "Real Estate People" in the subject line. We will publish items as soon as possible, in the order in which they were received. (Sun, 16 Dec 2007 05:48:52 GMT)
Real estate agents strive to cope in slow market
When the market got tough, real estate broker Dave Sunderman did what many industry experts advise: He hit the street. (Sun, 16 Dec 2007 07:10:57 GMT)
Land Holding Co. to launch $200m real estate project in Ramallah
Land Holding Co. to launch $200m real estate project in Ramallah (Sun, 16 Dec 2007 08:07:46 GMT)
Booming real estate market in Al Ain, UAE
According to Asteco, UAE's largest real estate services company based in Dubai, Al Ain is also experiencing an increase in demand for real estate following the trend seen across the UAE. (Sun, 16 Dec 2007 08:07:54 GMT)
Dubai World Central signs partnership with Dubai Real Estate Institute
Dubai World Central (DWC), 140 square kilometer urban aviation project under construction in Jebel Ali, has joined hands with Dubai Real Estate Institute (DREI), the leading academic institute for real estate studies in the Middle East, in a long-term partnership to provide DWC employees and executives' real estate education and professional development solutions. (Sun, 16 Dec 2007 08:08:04 GMT)
Real estate developers highlight megaprojects in Jordan
Real estate developers highlight megaprojects in Jordan (Sun, 16 Dec 2007 08:09:14 GMT)
Ogden real estate developer: What happened to investors' millions?
Hundreds of Utahns and out-of-state investors face the loss of millions of dollars they poured into a real-estate enterprise. At the center of the maelstrom is Val E. (Sun, 16 Dec 2007 08:26:31 GMT)
Delaware real estate market hits wall as home prices slide
Real estate agents say Delaware's current housing market is the slowest they've seen in decades, with the number of home sales down, homes sitting longer on the market, foreclosures climbing and prices stagnant. (Sun, 16 Dec 2007 08:57:36 GMT)
Land Holding Co. to Launch $200m Real Estate Project in Ramallah
December 16, 2007 (MENAFN - Jordan Times) -- The Land Holding Company, a subsidiary of Al-Rajhi Group, on Friday signed a memorandum of understanding (MoU) with the Palestinian Investment Fund to carry out a real estate project at a cost of $200 million. (Sun, 16 Dec 2007 09:31:52 GMT)
Report: Real estate developments ruining watershed
Unchecked real estate growth in Orland Park and Homer Glen has damaged the region's watershed, muddying the Long Run Creek, eroding its shoreline and leaking harmful chemicals into the delicate ecosystem, according to a new report, the most comprehensive to date on the 11-mile-long stream. (Sun, 16 Dec 2007 10:12:32 GMT)
Akruti Nirman to be renamed, eyes larger real estate projects
Akruti Nirman, a BSE listed real estate company, is in for an image makeover. The promoters of the company are in the process of renaming and recreating its identity as Akruti City, apart from coming up with a new logo through a month long advertising campaign, expected to commence by December-end 2007. (Sun, 16 Dec 2007 22:30:16 GMT)
Brighter future for real estate?
Investors will likely find favorable real estate deals next year -- if sellers are willing to bargain -- in land, apartment complexes and office buildings around Sacramento, according to a market forecast from the region's top brokerage, CB Richard Ellis. (Mon, 17 Dec 2007 05:06:35 GMT)
Houston commercial real estate likely to be a 'port in the storm'
Commercial real estate investors and developers have been warned to brace for more uncertainty in 2008 as fundamentals and pricing continue to soften. (Mon, 17 Dec 2007 05:08:15 GMT)
Real Estate Investors Hit By Foreclosures
SAN FRANCISCO — More than one-fifth of the San Francisco Bay area properties that fell into foreclosure this year belonged to real estate investors instead of overextended homeowners, according to a newspaper report. (Mon, 17 Dec 2007 05:19:22 GMT)
Leading real estate developers to participate at IREIS 2008
The 4th edition of Abu Dhabi Real Estate and Investment Show (IREIS 2008) will be held at the Abu Dhabi National Exhibition Centre from January 30 to February 2, 2008 under the patronage of HE Dr. Sheikh Sultan Bin Khalifa Bin Zayed Al Nahyan, Member of the Abu Dhabi Executive Council. (Mon, 17 Dec 2007 05:23:14 GMT)
Banks turn to auction houses to unload real estate
Financial institutions seeking to sell a growing number of foreclosed properties in the wake of the subprime mortgage meltdown are increasingly turning to auction houses as an alternative avenue for real estate marketing. (Mon, 17 Dec 2007 06:24:42 GMT)
As real estate slows, business borrowing declines faster
NORTHEAST FLORIDA -- Commercial and industrial loans are increasing at a slower pace than real estate loans, even though the housing market has softened. (Mon, 17 Dec 2007 07:09:26 GMT)
Bad real estate loans increased in third quarter
NORTHEAST FLORIDA -- Nonperforming real estate loans continued to increase at about half of Northeast Florida-based community banks by the end of the third quarter. (Mon, 17 Dec 2007 07:09:35 GMT)
Israeli Firm To Invest $2 Bln. On Real Estate In India
(RTTNews) - Monday, the media reported that Israel-based firm, Fishman Holdings, plans to invest $2 billion in a real estate project in Jaipur in India. (Mon, 17 Dec 2007 07:42:05 GMT)
Real estate broker's license is suspended
The Vermont Real Estate Commission has suspended the broker license of Wayne G. Mills of Guildford. ... (Mon, 17 Dec 2007 08:09:36 GMT)
REAL ESTATE FOR RENT
GLYFADA (KATO), near the center luxurious brand new apartment 150sq.m., 3 bedrooms, 2 bathrooms, 1 wc, a/c, wooden flooring,quiet neighbourhood. Sakalidou Real Estate, tel 210.89.44.949, 6932442111. (HT6391) (Mon, 17 Dec 2007 08:53:25 GMT)
Public Bank To Launch Its First Real Estate Fund Tuesday (Malaysian National News Agency
KUALA LUMPUR, Dec 17 (Bernama) -- Public Bank will launch its first Asia real estate fund Tuesday, offering investors the chance to participate in the growth prospects of Asia's property sector and real estate investment trusts (REITs). (Mon, 17 Dec 2007 11:20:13 GMT)
Niagara County Real Estate Transactions
Following are real estate transactions over $5,000 as listed in records of the Niagara County clerk’s office for the week ending Nov. 2. (Mon, 17 Dec 2007 12:00:34 GMT)
'Moderate' growth seen for real estate in 2008
Real estate brokerage Royal LePage is forecasting "steady, yet moderate growth" in the Canadian residential property market in 2008. Royal LePage predicts house prices nationally will rise by 3.5 per cent to an average of $317,288 next year. (Mon, 17 Dec 2007 13:31:16 GMT)
Country's real estate slump has minimal impact locally
As real estate prices tumble across the country, Newport County seems to be taking less of a hit. And finding a bargain after the boom period earlier in the decade still may take some digging. (Mon, 17 Dec 2007 15:55:42 GMT)
Senior citizens' real estate savior
FREMONT --With the Baby Boomers no longer babies, but now hanging on the cusp of their senior years, real estate agent Sharon Ohms is one of several agents in the area who recognizes the importance of being educated to help them with their housing needs. (Mon, 17 Dec 2007 15:58:57 GMT)
JER Investors raises $220M for real estate investments
JER Investors Trust Inc. and its affiliate J.E. Robert Cos. said Monday the real estate financing companies closed a $220 million private equity fund. (Mon, 17 Dec 2007 17:06:21 GMT)
Metavante sale helps M&I withstand real estate losses
Marshall & Ilsley Corp. said today that the deterioration of the real estate market will cause it to incur up to $195 million in charge-offs in the fourth quarter, but those losses will be more than offset by other factors, including the proceeds from the sale of its Metavante Technologies Inc. subsidiary. (Mon, 17 Dec 2007 17:51:59 GMT)
REAL ESTATE
Residential real estate In this section you can find different offers on residential real estate from the leading real estate agencies: Apartments for all tastes: standard to luxurious, short or long terms. (Mon, 17 Dec 2007 21:01:36 GMT)
REAL ESTATE CATALOGUE
In the nearest issue you will find the latest data on commercial, residential and trade premises in St. Petersburg. Fresh information about state of real estate market, tips from the leading consulting companies and much more! (Mon, 17 Dec 2007 21:03:45 GMT)
MacarthurCook Asian Real Estate Securities Fund Announces 0.5 cent Distribution for 31 December 2007 (MSA.AX, ...
MacarthurCook Asian Real Estate Securities Fund announced the distribution of 0.5 cent per unit for the half year ending 31 December 2007. The record date will be 31 December 2007 and the payment date (on or about) will be 31 January 2008. (Mon, 17 Dec 2007 23:02:00 GMT)
Public Bank launches Asia real estate fund
KUALA LUMPUR: Public Bank will launch its first Asia real estate fund today, offering investors the chance to participate in the growth prospects of Asia's property sector and real estate investment trusts (REITs). (Mon, 17 Dec 2007 23:57:16 GMT)
Berg takes real estate portfolio off the market
Silicon Valley real estate mogul Carl Berg today pulled his Mission West portfolio off the market, refusing to budge from his $1. (Tue, 18 Dec 2007 00:02:00 GMT)
Asante Real Estate Group Responds to Closure of Alliance Title Company
LOS GATOS, Calif.----Audrey Sutton Shilling, President of Asante Real Estate Group, Inc., expresses her concern with respect to the sudden closure of Alliance Title Company. (Tue, 18 Dec 2007 00:14:00 GMT)
Asante Real Estate Group Announces New Milpitas California Franchise Office
LOS GATOS, Calif.----Asante Real Estate Group, Inc. is pleased to announce and introduce our latest Franchisee Aasanda Chan and her Asante Real Estate Office located in Milpitas California. (Tue, 18 Dec 2007 00:16:00 GMT)
Asante Real Estate Group Responds to Closure of Alliance Title Company
Audrey Sutton Shilling, President of Asante Real Estate Group, Inc., expresses her concern with respect (Tue, 18 Dec 2007 00:28:52 GMT)
CalPERS will shift some funds to real estate, overseas
Trustees of the California Public Employees' Retirement System on Monday agreed to shift billions from stocks and bonds into real estate, start-up ventures and other private market investments. (Tue, 18 Dec 2007 01:04:31 GMT)
Sign clip aims to help real estate agents
A former real estate broker is putting his design talents to use to help current real estate agents stand out. (Tue, 18 Dec 2007 07:01:47 GMT)
Atlanta real estate firm buys CMT building for nearly $13.8M
An Atlanta real estate firm completed a deal Monday for Country Music Television's Commerce Street headquarters — a boost for a downtown office market that has slowed over the past year. (Tue, 18 Dec 2007 08:16:59 GMT)
Real estate boom continues in November
China's real estate sector is continuing to boom despite tighter monetary policy, at least in terms of total fund inflows, the latest government statistics show. (Tue, 18 Dec 2007 09:02:08 GMT)
China's real estate boom continues in November, government statistics show
China's real estate sector is continuing to boom despite tighter monetary policy, at least in terms of total fund inflows, the latest government statistics show. Also, more foreign capital is going into the property market. ... (Tue, 18 Dec 2007 09:12:08 GMT)
REAL ESTATE FOR RENT
GLYFADA (KATO), near the center luxurious brand new apartment 150sq.m., 3 bedrooms, 2 bathrooms, 1 wc, a/c, wooden flooring,quiet neighbourhood. Sakalidou Real Estate, tel 210.89.44.949, 6932442111. (HT6391) (Tue, 18 Dec 2007 09:23:45 GMT)
China's real estate sector booming
Beijing, Dec 18 (Xinhua) China's real estate sector is booming despite tighter monetary policy, at least in terms of total fund inflows, the latest government statistics shows. (Tue, 18 Dec 2007 09:59:49 GMT)
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