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real estate News Archive 15-Jan-2009
Hub commercial real estate 'grim' (Boston Herald)The local commercial real-estate industry is going through a "grim and depressing" period as the rest of the regional economy reels from the economic downturn, according...
Bitterroot real estate market suffering (Ravalli Republic)Craig Siphers had a notion that the run on real estate in the Bitterroot Valley might be slowing during the summer of 2006. But the longtime local real estate agent with Hamilton?s Exit Realty couldn?t have predicted then just how far it would fall.
Foreign investors more confident about the U.S. real estate market (Dallas Morning News)Foreign investors are more confident about the U.S. real estate market and expect to spend significantly more this year than in 2008, according to survey results released this week by the Association of Foreign Investors in Real Estate.
Real estate investments up (Sun Star)INVESTMENTS in the real estate industry increased last year, overtaking the agriculture sector, which ranked second in 2007 next to the wholesale and retail sector, the Securities and Exchange Commission (SEC) reported.
Germany Considers Taking a Stake in Hypo Real Estate (Update1) (Bloomberg)Jan. 14 (Bloomberg) -- German Chancellor Angela Merkel ?s government is considering taking a stake in Hypo Real Estate Holding AG to shore up the balance sheet of the commercial- property lender it had to bail out last year.
Real estate industry of region improves: exec (Mindanao Times)The Securities and Exchange Commission noted a significant improvement in real estate industry of the Davao Region last year. Atty. Jayvee Paul Francisco, SEC officer-in-charge, said the region recorded fresh investment of P47.8 million, with corporations taking up the bulk of investment of P43.4 million while the remaining P3.4 million was cornered by partnerships.
On sale: $350M of real estate in Lower Mainland (CBC via Yahoo! Canada News)A Vancouver real estate developer is making an unprecedented move to offer a liquidation sale of $350 million worth of its condominiums throughout the Lower Mainland.
Real Estate Professionals Predict Strong Tri-Cities Market in 2009 (KNDO - KNDU Tri-Cities)Two weeks into the new year, and real estate professionals say the market is looking better.
U.K. Real-Estate Companies Need to Raise $20 Billion (Update2) (Bloomberg)Jan. 14 (Bloomberg) -- U.K. real-estate companies may need to be rescued by shareholders this year to stay afloat. The largest commercial-property firms need to raise as much as $20 billion this year to restore their balance sheets at a time when financing is scarce, according to estimates by Bernd Stahli, an analyst at Merrill Lynch & Co.
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