Homester.com Web News Archive

BRIEFING - ASIA REAL ESTATE - JAN 8, 2007 (Asia Pulse via Yahoo!7 Finance) - The Bahrain-based Investcorp, whose real estate team is based in New York, has announced the acquisition of the remaining 20 per cent stake in a portfolio of 29 retail shopping centres in Texas that it originally purchased in partnership with Equity One in April last year.

Real estate agents forecast another steady year (BizJournals) - Local real estate brokers say the Birmingham market has always been characterized by slow and steady growth - usually avoiding the extreme fluctuations that have blessed or, as was the case for some cities in 2006, cursed other markets.

Real estate funds, trusts poised for continued growth (Chicago Tribune) - Although residential real estate markets have struggled, commercial real estate investments have continued to prosper.

ISRAEL STOCKS: Israel Shares Slip As Real Estate, Banks Bear The Brunt; Teva Up (Nasdaq) - TEL AVIV (Dow Jones) -- Israeli stocks fell on Sunday, with the real-estate and banking sectors taking a hit and Teva Pharmaceutical active and higher.

Beijing real estate prices jump 42% in 3 years (China Daily) - Real estate prices in Beijing have increased by 42 percent over the past three years, says a report released by the website Sina.com and New Real Estate Magazine.

New wave of Korean investors eye real estate in LA enclave (KESQ) - LOS ANGELES A growing number of Koreans are buying real estate in Los Angeles and elsewhere in the the U-S after the overseas investment cap in their country was lifted.

Brokers turn developers in real estate explosion (Hindustan Times) - In the twists and turns of the nation’s real estate boom, bigger city builders are going national, while local brokers are turning into developers. Bangalore broker Feroze Estate & Properties has become a developer. ‘‘Every builder today was once upon a time a trader or a real estate broker.

Korean investors buying LA real estate (Sharewatch) - Choung is among a growing number of Koreans scooping up real estate in the United States and elsewhere after the overseas investment cap in their country was lifted.

Weld County real estate transactions (Greeley Tribune) - Weld County real estate transfers beginning Oct. 11. Sale prices are derived from the docket fees collected at the time a deed is recorded. The source of the information is the Weld County Clerk & Recorder deed reporting service.

(AFX UK Focus) 2007-01-07 18:22 GMT: Hypo Real Estate sues HVB for 62 mln eur on 2003 tax issue (Interactive Investor) - FRANKFURT (AFX) - Hypo Real Estate Holdings AG has filed a lawsuit in a Munich court in order to obtain 62 mln eur from its former parent company, Unicredito Italiano SpA's HypoVereinsbank, relating to 2003 tax payments, Spiegel magazine reported citing Hypo Real Estate.