Archive for August, 2007

Beacon Partners shines through real estate deal (The Charlotte Observer)

Beacon Partners recently put together an acquisition deal that other real estate investors would love to emulate. The Charlotte real estate and development firm paid about $14 million for AT&T’s two buildings and 28-acre site in University Research Park, according to transaction records. But what’s unusual is that with quick action and a stroke of […]

German Stocks Rise, Led by Metro, Hypo Real Estate, Infineon (Bloomberg.com)

Aug. 31 (Bloomberg) — German stocks advanced for a third day, led by Metro AG, Hypo Real Estate Holding AG and Infineon Technologies AG. The benchmark DAX Index rose 50.09, or 0.7 percent, to 7570.03 as of 9:06 a.m. in Frankfurt.
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• Buying Your First Home in Sarasota Real Estate (Turks.US)

Wanting to buy a home in Sarasota real estate? If yes, this is the biggest decision one could ever make, so you have to be careful and alert.
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Briefing - Asia Real Estate - Aug 31, 2007 (Asia Pulse via Yahoo! Asia News)

An executive briefing on real estate for Aug 31, 2007, prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, commercial intelligence and business opportunities.
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Sino Ocean Real Estate readies $1.3 bln HK IPO (Reuters via Yahoo! Asia News)

HONG KONG, Aug 31 (Reuters) - Sino Ocean Real Estate Development, partly owned by China’s largest shipping firm, COSCO International , has won approval from the Hong Kong Stock Exchange for an initial public offering worth up to US$1.3 billion, sources familiar with the deal said on Friday.
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Sino Ocean Real Estate wins HK IPO approval- sources (Reuters via Yahoo! Asia News)

HONG KONG, Aug 31 (Reuters) - Sino Ocean Real Estate Development, which is partly owned by COSCO International , has won approval from the Hong Kong Stock Exchange for an initial public offering worth up to US$1.3 billion, sources familiar with the deal said on Friday.
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International Real Estate quadruples profits (ShareCast via Yahoo! UK & Ireland Finance)

Shares in AIM-listed International Real Estate were a hot property after the company announced quadrupled pre-tax profits.
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International real estate clients should keep sellers on their toes (The Plainfield Sun)

An increasing number of homes and other real estate properties in the United States are being purchased by buyers from outside the country. Most purchase offers from foreigners are legitimate, but some are scams. Sellers should beware of possible problems with international transactions.
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Indian firm raises $800 million for real estate fund (International Herald Tribune)

Housing Development Finance, the second-largest Indian mortgage company, said Thursday it raised $800 million from overseas investors for a real estate fund to tap the nation’s surging demand for homes and offices.
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China amends real estate law to back state expropriation (People’s Daily)

China’s top legislature amended a real estate management law Thursday, allowing the government to expropriate institutional and private houses on state-owned land for public interests. The Standing Committee of the National People’s Con …
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