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 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 April 27th, 2008
It seems that British investors are uncomfortable about asking for financial advice investment products from stocks and shares to asking for overseas property investment advice. A report from independent financial product researchers Defaqto, the Retirement Savings and Income Report, shows that consumers in the UK prefer to consult friends and family, Investment Company or [...]
Posted by admin on March 16th, 2008
Mitsubishi Estate May Buy to Expand as Rents Ease
By Kathleen Chu and Kazue Somiya
March 14 (Bloomberg) — Mitsubishi Estate Co., Japans
largest developer by value, may buy property managers to more than
double assets under management to 4 trillion yen ($40 billion)
within [...]
Posted by admin on March 14th, 2008
(Corrects day in first paragraph to Thursday)
BRUSSELS, Feb 14 (Reuters) - Belgian property investment
group Cofinimmo (COFB.BR: Quote, Profile, Research) proposed on Thursday a dividend of
7.75 euros ($11.32) per share for 2007, a rise of 4.7 percent
from the previous year.
The Brussels-based group, which rents out office space to
businesses and [...]
Posted by admin on March 14th, 2008
The FINANCIAL — MOSCOW , Russia will present projects worth over 30 billion euros ($46 billion) at Europes major property investment forum in the French resort city of Cannes, the Russian economics minister said on March 11.
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Cannes will host the 19th international real estate forum, MIPIM-2008, on March [...]
Posted by admin on March 13th, 2008
(Corrects day in first paragraph to Thursday)
BRUSSELS, Feb 14 (Reuters) - Belgian property investment
group Cofinimmo (COFB.BR: Quote, Profile, Research) proposed on Thursday a dividend of
7.75 euros ($11.32) per share for 2007, a rise of 4.7 percent
from the previous year.
The Brussels-based group, which rents out office space to
businesses and [...]
Posted by admin on March 13th, 2008
By Sonali Paul
MELBOURNE (Reuters) - Westfield Group (WDC.AX: Quote, Profile, Research), the world’s top shopping mall owner, and Singapore’s GIC Real Estate declined to comment on Thursday on media reports that one of them was in talks to buy British shopping centre group Liberty International (LII.L: Quote, Profile, Research).
Liberty International shares [...]
Posted by admin on March 13th, 2008
By Sonali Paul
MELBOURNE (Reuters) - Westfield Group (WDC.AX: Quote, Profile, Research), the world’s top shopping mall owner, and Singapore’s GIC Real Estate declined to comment on Thursday on media reports that one of them was in talks to buy British shopping centre group Liberty International (LII.L: Quote, Profile, Research).
Liberty International shares [...]
Posted by admin on March 6th, 2008
Centros Scott Undone by Credit Rout, Property Prices
By Laura Cochrane and Robert Fenner
Jan. 16 (Bloomberg) — During Andrew Scotts last month as
chief executive officer of Centro Properties Group, Australias
second-largest manager of shopping centers lost 90 percent of
its market value.
[...]