Homester.com Web News Archive

Hypo Real Estate Proposes Dividend Hike as Pretax Profit Rises (Bloomberg.com) - Jan. 30 (Bloomberg) -- Hypo Real Estate Holding AG, a German commercial property lender, said it will propose a dividend of 1.50 euros ($1.94) a share after 2006 pretax profit rose 29 percent in 2006.

Warburg Pincus to buy into Shanghai ZK Real Estate (Reuters via Yahoo! Asia News) - SHANGHAI, Jan 30 (Reuters) - U.S. private equity firm Warburg Pincus has agreed to buy a 25 percent stake in Shanghai ZK Real Estate Development Co. Ltd. for an undisclosed amount, Chinese media reported on Tuesday.

Forecast: Real estate market could spring back by midyear (The Fort Collins Coloradoan) - Northern Colorado’s “soft landing” of the residential real estate market was slightly bumpier for home sellers than expected last year, but things could start improving by mid-2007.

Average Chesterfield real estate assessment up 16 percent (NBC 12 Richmond) - As home owners in Chesterfield head to their mailboxes, many are seeing a spike in their county real estate assessments. While many residents are anything but happy about the rise in their real estate assessments, Chesterfield officials say the rise could be a good thing.

Real estate wrap: Swiss firm moving U.S. base to Phila. area (BizJournals) - Recent real estate transactions:

Court upholds dismissal of P104M tax refund plea by major real estate firm (10:11 a.m.) (Sun Star) - MANILA -- The Court of Appeals (CA) has affirmed a decision of the Court of Tax Appeals (CTA) that dismissed the bid of real estate and property development firm Belle Corporation to collect P106.4 million refund of taxes it supposedly overpaid in 1997.

US firm buys ZK Real Estate stake (China Daily) - Warburg Pincus, a leading private equity investor, bought a 25 percent stake in Shanghai ZK Real Estate Development Co yesterday for an undisclosed amount.

Spouses can explore real estate careers (El Paso Times) - Military spouses and retirees looking for career options will have the opportunity to participate in real estate training next week. RE/MAX, in collaboration with the Department of Defense Military Spouse Employment Initiative, has announced its Operation RE/ MAX campaign.

Chase's Barton completes real estate business planning course (Reno Gazette-Journal) - Chase International real estate agent Nancy Barton, of the company's Incline Village office, has completed the specialized real estate business course "Business Planning and Marketing for the Residential Specialist" conducted by the Council of Residential Specialists of the National Association of Realtors.

First American starts new real estate info company (Orange County Register) - It will provide online services to help residential real estate professionals.