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, [...]
The Azerbaijani Investment Company (AIC) is expected to receive a business-plan from MKT Istehsal Commerce on the project of cotton, hosiery manufacturing, Investment Banks as well as to reconstruct ‘Sumgayit hovlu iplik, Riad Gasimov, AIC Deputy Executive Director, stated.
“This project is very significant for us and we are planning to acquire 20% of participation [...]
US alternative asset manager Angelo, Gordon has decided to buck the trend by listing a special purpose acquisition company while others were waiting for equity market conditions to improve.
The hedge fund, real estate and private equity manager, which has $15bn (€9.6bn) of assets under management, has set out to raise $300m for the Spac, the [...]
RREEF Alternative Investments, the global alternative investment management business of Deutsche Bank’s Asset Management division, announced it has launched a new venture that will invest over $1 billion over the next three years in India’s growing real estate market.
The new venture, RREEF India Advisors, which will be run by country head Kishore Gotety, will be [...]
SCOR realises strong net income of EUR 124 million in the First Quarter 2008, up 63% despite a challenging financial environment
SCOR records strong results, carrying its profitability momentum into 2008. A strong business performance in Non-Life and Life more than offsets a decrease in investment income due to a challenging financial market environment. The quarter [...]
Prudential Financial Inc., the second-largest U.S. life insurer, said net income plummeted 94 percent to its lowest level in five years, hobbled by losses tied to commercial mortgages and subprime home loans.
The insurer said it quit securitizing commercial mortgages after the company’s first-quarter profit declined to $69 million from $1.12 billion a year earlier. Prudential, [...]
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 [...]
Eagle Bancorp, Inc. (the “Company”) EGBN, the parent company of EagleBank, today announced net income of $1.7 million ($0.17 per basic share and per diluted share) for the three months ended March 31, 2008, compared to $1.7 million ($0.18 per basic share and $0.17 per diluted share) for the three months ended March 31, 2007.
“We [...]
Century Investments Public Ltd. reported a higher full year pretax profit and revenue, and said it is contemplating the sale of some of its operating properties to take advantage of the demand for quality income generating properties from foreign investors.
The Ukraine-based real estate company said it is also exploring forward sales of projects and debt [...]
An assortment of passengers dressed comfortably for warm, spring weather. Check.
It would be easy to mistake the bus tour that Carson City couple Dante and Cindy Turiczek signed up for as a typical weekend getaway. But this tour traded in lake views and mountain vistas for a different kind of scenery: foreclosed homes.
“We’re first-time homebuyers, [...]
