Posted by admin on June 9th, 2008
Billie Redmond, CEO of Coldwell Banker Commercial TradeMark Properties has announced that Allison Mitwol has joined the firm as a real estate advisor. In this position, Mitwol will specialize in the brokerage and leasing of retail properties in the Triangle area. Mitwol completed three years of work in residential sales before transitioning to commercial leasing [...]
Posted by admin on June 9th, 2008
The media are bombarding us with bad news stories about the residential property market.
For example, it was reported the Nationwide Building Society’s latest survey showed house prices recorded their largest monthly fall since 1991.
Prices dropped 2.5 per cent in May and are apparently now 4.4 per cent lower than a year ago, a fall of [...]
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 12th, 2008
PEOPLE who did not buy an investment property before last year’s 20 per cent house price boom have not missed the boat, a Smart Money round table forum on investing in real estate has heard.
A panel of six real estate, finance and insurance experts ((LtoR) Ann-Marie Chamberlain, Carolyn Majda, Rebecca Neale, Denny Havriluk, Greg Moulton, [...]
Posted by admin on May 9th, 2008
Government red-tape is keeping millions of American workers in small firms from saving for retirement, a U.S. mutual fund trade group executive said on Wednesday, limiting a huge potential market for the $11.7 trillion industry.
“Any employer thinking about offering a 401(k) plan today encounters a profusion of regulatory requirements, head-scratching complexities, and sobering legal liabilities,” [...]
Posted by admin on May 1st, 2008
Brazil’s Bovespa stock index jumped to a record after Standard & Poor’s unexpectedly raised the country’s credit rating to investment grade.
Lojas Renner, Investment Property Brazil’s second-biggest retailer, climbed to the highest since 2005 as a growing economy spurred a 62 percent jump in profit. Usinas Siderurgicas de Minas Gerais SA led steelmakers higher after its [...]
Posted by admin on April 27th, 2008
Kunal Kashyap, founder and CEO of Indian investment bank Allegro Advisors, discusses the firm’s focus on wealth management and what advice he is giving his clients.
What prompted Allegro to start offering wealth management services in India?
We started Allegro with the vision of creating a full-service Indian investment bank so wealth management services were part of [...]
