Homester.com Web News Archive

Major real estate firms report strong earnings in 1st half (Kyodo via Yahoo! Asia News) - _ Robust office leasing business in the Tokyo metropolitan area pushed four major real estate firms' earnings higher in the six months through Sept. 30, according to their business results released by Thursday.

Hypo Real Estate 3Q Unspectacular -Oppenheim (New Ratings) - 1238 GMT [Dow Jones] Hypo Real Estate's (HRX.XE) 3Q figures were unspectacular, says Sal. Oppenheim. Says results were in line, and while market will celebrate HVB's (HVM.XE) 3Q figures, Hypo Real Estate's share price performance will be subdued.

India preferred offshore country in Asia: real estate survey (CIOL) - NEW DELHI: The fourth Corporate Real Estate Impact Survey (CREIS 4) survey by real estate consultancy Jones Lang LaSalle says that there has there has been a marked increase in offshoring activity over the past three years.

Dubai real estate crisis: 150,000 housing units needed every year (Mena Report) - A new survey published by the Emirate newspaper Al-Bayan revealed that Dubai real estate market needs 750,000 new housing units until 2010 to put an end to the waiting lists, which contribute significantly to the high level of renting fees.

Real estate sales hit another high (Nantucket Inquirer and Mirror) - Last year, the Nantucket real estate market reached uncharted territory – over $1 billion in total sales – and the question on many minds was whether the boom could possibly continue.

Grossman estate at the center of lawsuit between real estate offices (Nantucket Inquirer and Mirror) - Two island real estate companies are in the midst of a legal feud over a brokerage commission from the pending sale of the late Grace Grossman’s Wauwinet Road estate.

REAL SLOW ESTATE (New York Post) - -- Has the Manhattan residential real-estate bubble finally burst? Apartment prices continued a downward trajectory in October on the heels of a disappointing third-quarter report, according to the latest monthly figures by Halstead Property.

Real Estate Transactions (The Fox Valley Villages Sun) - Real estate transfer information is public record and is examined regularly by financial institutions, real estate agents and companies that sell products to homeowners.

Hypo Real Estate 3Q More Stolid Than Solid (New Ratings) - 0906 GMT [Dow Jones] At first glance, Hypo Real Estate's (HRX.XE) 3Q figures are somewhat better than expected, but without major surprises, says analyst. "The trading division's better performance had been expected, given the better market performance in the previous quarter," analyst says.

Mekkevi: Stock Market and Real Estate Sectors are Attractive in Turkey (Zaman Online) - Top level administrator at the Bank of Dubai, Ziyad Mekkevi, said Turkey presents “very attractive” opportunities in the stock market and real estate sectors.