Gagfah Profit Triples on Revenue From Apartment Sales

Gagfah Profit Triples on Revenue From Apartment Sales (Update3)
By Peter Woodifield
March 19 (Bloomberg) — Gagfah SA, Germanys largest
publicly traded owner of residential real estate, said annual
profit more than tripled as the company doubled apartment sales
to tenants and its properties gained [...]

Morgan Stanley May Join Goldman in Dispelling Liquidity Panic

Morgan Stanley May Join Goldman in Dispelling Liquidity Panic
By Christine Harper
March 19 (Bloomberg) — Morgan Stanley, which analysts
expect to report a 57 percent drop in first-quarter profit today,
will likely join Goldman Sachs Group Inc. and Lehman Brothers
Holdings Inc. in reassuring [...]

Kerry Properties Profit Rises on China Revaluations

Kerry Properties Profit Rises on China, Revaluations
By Kelvin Wong
March 19 (Bloomberg) — Kerry Properties Ltd., a Hong Kong-
based builder controlled by the family of Malaysian tycoon Robert
Kuok, said profit rose 40 percent last year on property sales in
China and gains [...]

IVG Shares Decline After Analysts Cut Their Ratings

IVG Shares Decline After Analysts Cut Their Ratings (Update3)
By Peter Woodifield and Andrew Blackman
March 19 (Bloomberg) — IVG Immobilien AG, Germanys
largest commercial real estate company, fell by the most in
three months in Frankfurt trading after two analysts cut their
ratings for [...]

DTZ Drops as Broker Says Earnings Will Miss Estimates

DTZ Drops as Broker Says Earnings Will Miss Estimates (Update3)
By Sharon Smyth
March 19 (Bloomberg) — DTZ Group Plc, the U.K. real-estate
broker that has bought at least five companies in fiscal 2008,
fell the most in more than two years in London [...]

What every homeowner should know

You bought the house and secured the keys. Now what?
Real estate expert Sid Davis says maintenance crises, financial demands and renovation disasters can become overwhelming to less-experienced property owners.
“They were renters before, so whenever they had a problem, the landlord or supervisor would come by and fix things,” says Davis, who wrote “The First-Time [...]

Convention bus tour to go back in crime

Finally, things to do in Denver when you really are dead. The Left Coast Crime Convention is in town Thursday through Sunday, celebrating murder mysteries in all their gory glory.
The highlight of the confab is the Denver Murder Machine, a bus tour of Denver murder scenes led by Denver novelist Mario Acevedo (”The Nymphos [...]

The Financial Market Crisis and Risks for Latin America

1. Over the past four years, Latin America has generally done well in taking advantage of a very favorable global environment to strengthen policy frameworks and lower long-standing vulnerabilities.
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However, the external environment has abruptly changed, led by mutually reinforcing financial sector shocks in the United States, that are [...]

Populi Claims GEL 48 Million Income in 2007

The FINANCIAL — Populi, the pioneer local retail grocery and household operator in Georgia and winner of Golden Brand 2007 awards, claims to have tripled its income in 2007. As the company stated, the significant increase from GEL 16 million to GEL 48 million within a year is due to the reasonable investments provided by [...]

Center Point Turnover to Reach GEL 200 Million in 2008

The FINANCIAL — Center Point, the local developer and winner of Golden Brand 2008 awards, declared that the company’s turnover would reach GEL 200 million in 2008. The company plans to construct around 100 hotels under the brand name Rcheuli within the next 5 years. The FINANCIAL interviewed Tika Rukhadze, Director of Center Point Service, [...]