Homester.com Web News Archive

China Announces New Real Estate Tax (AP via Yahoo! Finance) - China's government has imposed a tax on new real estate developments, adding to efforts to restrain a rapid rise in housing costs, a state news agency reported Thursday.

SBI and Merrill to tie up in real estate -source (Reuters via Yahoo! Asia News) - TOKYO, Jan 18 (Reuters) - Japanese venture capital firm SBI Holdings Inc. and Merrill Lynch plan to form an alliance in the real estate business, a source familiar with the matter said on Thursday.

Nikkei rises on real estate (CNN.com) - SINGAPORE (Reuters) -- Japan's Nikkei stock index rose 0.3 percent as investors bought exporters and real estate stocks. The close was near January 4's settlement level, which was the highest in about 9 months.

Kevin Fisher opens real estate firm (The State) - Advertising executive Kevin Fisher of Fisher Communications has opened real estate development firm Fisher Properties. Fisher is developing properties in Columbia and Folly Beach and plans to operate both the ad agency and the real estate business.

Study predicts good real estate market in 2007 (BizJournals) - The 2007 year looks to be a strong across all real estate sectors, according to a study released Wednesday by Grubb & Ellis/Martens Commercial Group.

Citing a Strong Real Estate Market, MoMA Sells Vacant Lot to Hines (Architectural Record) - The Museum of Modern Art is growing—again. Just over two years after opening expanded galleries designed by Yoshio Taniguchi, MoMA announced on January 2 that it is selling its last empty parcel in midtown Manhattan to the Houston-based real estate firm Hines.

Real Estate Offices Welcome Tough Penalties (Scoop.co.nz) - Talks between the government and the Real Estate Institute of New Zealand (REINZ) on misappropriate and unethical practices in the real estate industry, are being welcomed by the Professionals' Auckland/Northland region.

Realize Big Returns with Real Estate (Hope Star) - (ARA) - It's a buyer's market, which is great news for real estate investors. There are profits to be made just about everywhere you turn these days.

Real estate firm Droubi changes its name (BizJournals) - Local real estate company BJ Droubi & Co. said Wednesday that new owners, including the daughter of the founders, will change its name to Droubi Real Estate.

Real estate sector lands new players (KYIV Post) - The Ukrainian commercial real estate market continues to attract more foreign investors and developers with one of the highest yields in Eastern Europe and promising growth potential.