Homester.com Web News Archive

Real estate fund manager taps Archstone-Smith, BioMed, SL Green (Market Watch) - CHICAGO (MarketWatch) -- Mortgage REITs won't be found in the ABN AMRO Real Estate Fund's portfolio; neither will shares of home builder or broker companies -- they're just too closely tied to the market.

Ishaan Real Estate To Raise GBP180 Million In AIM Float (Nasdaq) - LONDON -(Dow Jones)- Ishaan Real Estate said Friday that it intends to carry out an institutional offering of ordinary shares and to have its ordinary shares admitted to trading on the London Stock Exchange plc's Alternative Investment Market (AIM).

GE Invests in Turkish Real Estate Trust (AP via Yahoo! Finance) - GE Real Estate Europe, a unit of General Electric Co., announced Thursday it has partnered with Dogus Holdings A.S. to acquire a 51% stake in a Turkish real estate investment trust.

Briefing - Asia Real Estate - Nov 3, 2006 (Asia Pulse via Yahoo! Asia News) - An executive briefing on real estate for Nov 3, 2006, prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, commercial intelligence and business opportunities.

Ishaan Real Estate says to float in London (Reuters via Yahoo! Asia News) - LONDON, Nov 3 (Reuters) - Indian property company Ishaan Real Estate Plc said on Friday it planned to sell 180 million pounds ($344 million) of shares as part of a listing on AIM, London's junior stock market.

Major Commercial Real Estate Firms Merge (Washington Post) - CB Richard Ellis Group Inc., the world's largest commercial real estate broker and one of the most prominent real estate firms in Washington, agreed yesterday to buy rival Trammell Crow Co. in a deal worth $2.2 billion that will more than double its property management business.

FTC offers real estate guide (The Daily News Transcript) - The Federal Trade commission has released a real estate guide for consumers that includes information about commissions, contracts and business models.

Real Estate Notes (The Daily News Transcript) - William Raveis, chairman and CEO of William Raveis Real Estate & Home Services, recently announced that the company is being honored as a 2006 Connecticut Family Business of the Year by the University of Connecticut.

Next stop: Ethanol, real estate (The Wichita Eagle) - MONTEFERRANTE'S NEW JOB Optima Bus' ex-president now on board for Occidental What do real estate and ethanol development have in common with locomotive, subway car and bus industries?

German Cabinet Approves Plan for Real Estate Trusts (Update1) (Bloomberg.com) - Nov. 2 (Bloomberg) -- The German Cabinet approved a delayed plan to introduce real estate investment trusts, helping Chancellor Angela Merkel realize moves to spur investment in Germany's real estate market.