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Real-estate conference to feature Zell; Fed meets Tuesday (San Diego Daily Transcript via Yahoo! News) - Tuesday's abuzz with activity on this week's agenda. Come see the chairman of the largest office real-estate trust speak Tuesday at the University of San Diego's annual conference, and keep the afternoon open to hear conference calls for two San Diego public companies.
In red-hot Dubai market, real estate sales jump to the Internet (USA Today) - The Internet has long been a stronghold of the real estate business. But most real estate sites only show listings and require would-be buyers to phone an agent. Dubai government-owned Simsari appears to be the first that allows buyers to arrange mortgages online and make credit card deposits on their properties.
Detroit area real estate agent denies race charges in federal suit (Detroit News) - DETROIT -- A Detroit-area franchisee of Century 21 Real Estate today denied allegations of racial discrimination made in a federal lawsuit.
Real Estate Briefcase (San Antonio Express News) - Coldwell Banker D'Ann Harper Realtors announced the addition of several new real estate associates.
JS Real Estate agrees Warner bid (Financial Times) - The family of Stephen Mulliner, chairman of JS Real Estate, will reap about £57m after the agreed sale of the Aim-listed property minnow to rival Warner Estate.
Houston December sales broke real estate records (San Antonio Express News) - Houston real estate sales rose for the 15th straight month in December
S&P Launches Index For World Real Estate (Investor's Business Daily via Yahoo! News) - You've tossed around the idea of investing in real estate, but liquidity is crucial. Traditional property investment doesn't work for you.
Economist: commercial real estate rife with activity (BizJournals) - Economist Douglas G. Duncan gave real estate executives Thursday a positive report on the economy and said the commercial real estate industry was experiencing a "perfect calm," with plenty of available capital and lots of activity.
Renewal, in Real Estate and in Culture, for Ancient People (New York Times) - High real estate prices in Rome are driving the last Jews from their homes in the old ghetto, which is transforming itself into a trendy enclave for the rich and famous.
Soaring Real Estate Tax Assessments (WRIC 8 News Richmond) - Chesterfield homeowners are getting a shock this week -- their real estate tax assessments are soaring. What does that mean for your mortgage payment? We have the breakdown.
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China to Introduce Real-Estate Investment Trusts (Update1) (Bloomberg) - Jan. 6 (Bloomberg) -- China’s central bank and banking regulator are formulating a plan to allow developers to raise funds through real-estate investment trusts, or REITs, hoping to restart construction projects hamstrung by financing issues.
China to Introduce Real Estate Investment Trusts, Qi Says (Bloomberg) - Jan. 6 (Bloomberg) -- China’s central bank and bank regulator are formulating a plan to allow developers to raise funds through real estate investment trusts, or REITs, said the country’s vice housing minister.
Poly Real Estate 2008 Property Sales Rise to 20.5 Billion Yuan (Bloomberg) - Jan. 6 (Bloomberg) -- Poly Real Estate Group Co. , China’s second-largest publicly traded developer, said property sales rose 20.4 percent to 20.5 billion yuan ($3 billion) last year.
Commercial real estate: Manhattan sales slump (Sun-Sentinel) - Manhattan commercial real estate sales fell 66 percent in 2008 to $17.09 billion, the lowest in four years. Only 20 property sales worth $5 million or more closed in the fourth quarter, and there were 250 such deals in the year, according to Real Capital Analytics Inc., a real estate data service based in New York.