Posted by admin on May 27th, 2008
Doha Bank is setting up a finance company in India by acquiring a 49 per cent stake in an unnamed brokerage for an undisclosed amount. However, the bank did indicate in a previous statement in May 2007 that it was planning to buy into a brokerage company called Investnet, which is owned by Select Securities. [...]
Posted by admin on May 23rd, 2008
Real estate has a justified reputation for protecting the investor from inflation — but only in the long-term and only if it is the right kind of inflation.
So investors worried by the growing menace of inflation should think twice before upping their exposure to the asset class, even as property markets sag and valuations become [...]
Posted by admin on May 23rd, 2008
Hedge fund Reech AiM said on Monday that its flagship $160 million (82 million pound) Iceberg European real estate fund posted a 29 percent net return in its first year, massively outperforming underlying commercial property markets.
According to data from Investment Property Databank, the combined rental income and capital growth return on British commercial property in [...]
Posted by admin on May 23rd, 2008
Great Portland Estates showed its resilience in the face of the market downturn, significantly outperforming its central London benchmark.
The company’s results for the year to 31 March revealed a 2% dip in net asset value to 582p a share and a total property return of 2.6%, 7.4% ahead of the Investment Property Databank central London [...]
Posted by admin on May 23rd, 2008
Great Portland Estates (GPOR.L: Quote, Profile, Research) posted a 2 percent fall in adjusted net asset value on Wednesday and said demand for its core London properties would cling to long-term average despite shaky economic conditions.
In results for the year to end-March on Wednesday, Great Portland said its adjusted net assets per share fell to [...]
Posted by admin on May 19th, 2008
MagicBricks.com, India’s No 1 property site brings a golden opportunity for NRIs & PIOs, in the USA who are planning to return to their homeland or invest in real estate in India. MagicBricks.com India Property show, USA will offer the best of properties from India including hundreds of residential and commercial properties to choose from, [...]
Posted by admin on May 19th, 2008
Venture capitalists are people, just like you and me. They put their pants on one leg at a time, and they’re prone to making investing mistakes just like the rest of us. That said, it’s hard to deny that some VCs are clearly better than others. John Doerr is one of Silicon Valley’s more successful [...]
Posted by admin on May 17th, 2008
Citigroup swung to a huge loss in the first quarter, hurt in part by poor performance and write-downs at its alternative investments business.
The losses at Citi Alternative Investments were a relative drop in the $5.1 billion bucket of red ink: the group recorded “negative revenue†of $358 million “on sharply lower proprietary revenues†and $212 [...]
Posted by admin on May 17th, 2008
The addition of new real estate investment products and property funds that developers are lining up are expected to exacerbate the talent crunch in real estate.
“The sector is currently hiring for front-office, back-office and operational roles. The levels are comparable to the first wave of aggressive hiring witnessed in the late nineties. We have seen [...]
Posted by admin on May 17th, 2008
The Board of Audit and Inspection has asked the government to sell 15 subsidiaries of state-run corporations including Korea Real Estate Investment Trust, Korea Housing Management, Korea Asset Investment Trust, Ansan Urban Development Institute and Korea Enterprise Data to private firms.
It is also calling for the restructure of seven subsidiaries of state-run corporations and the [...]