Homester.com Web News Archive

Briefing - Asia Real Estate - Nov 9, 2006 (Asia Pulse via Yahoo! Asia News) - An executive briefing on real estate for Nov 9, 2006, prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, commercial intelligence and business opportunities.

BRIEFING - ASIA REAL ESTATE - NOV 9, 2006 (Asia Pulse via Yahoo!7 Finance) - Dubai Investments Real Estate Company (DIRC), a subsidiary of Dubai Investments, has slated Dhs15 billion ($US4.08 billion) worth of investments for the year 2007, according to the company general manager Obaid Al Salami.

Hypo Real Estate Shares Dive on New-Business Margins (Update1) (Bloomberg.com) - Nov. 8 (Bloomberg) -- Shares of Hypo Real Estate Holding AG, a German commercial property lender, had their biggest decline in 2 1/2 years after the company said new-business margins fell.

S.Korea briefing on real estate market at 0600 GMT (Reuters via Yahoo! Asia News) - SEOUL, Nov 9 (Reuters) - South Korea's finance minister will hold on Thursday a briefing on President Roh Moo-hyun's meeting with key economic ministers to discuss the real estate market.

Hypo Real Estate Shares Plunge as New-Business Margins Decline (Bloomberg.com) - Nov. 8 (Bloomberg) -- Shares of Hypo Real Estate Holding AG, a German commercial property lender, had their biggest decline since May 2004 after the company said new-business margins fell.

DUBAI INVESTMENTS REAL ESTATE TARGETS $US4.08BLN FOR 2007 (Asia Pulse via Yahoo!7 Finance) - Housing Dubai Investments Real Estate Company (DIRC), a subsidiary of Dubai Investments, has slated Dhs15 billion ($US4.08 billion) worth of investments for the year 2007, according to the company general manager Obaid Al Salami.

Mefcom Agro buys 14.5 pct in real estate firm (Reuters via Yahoo! Asia News) - MUMBAI, Nov 9 (Reuters) - Mefcom Agro Industries Ltd. said on Thursday it had acquired 14.5 percent stake in Delhi-based real estate and infrastructure development firm, Mayur Development & Leasings Ltd.

Hypo Real Estate Net Rises; Shares Fall on Margins (Update5) (Bloomberg.com) - Nov. 8 (Bloomberg) -- Hypo Real Estate Holding AG, a German commercial property lender, said third-quarter profit rose 37 percent on higher interest income. The shares dropped the most since May 2004 as new-business margins continued to decline.

Burnham Real Estate announces mergers in Inland Empire and Las Vegas (San Diego Daily Transcript via Yahoo! News) - SAN DIEGO -- Burnham Real Estate * Oncor International, a provider of commercial real estate services with offices throughout Southern California and Nevada, announced that it has initiated a broad regional expansion through mergers with two highly regarded real estate brokerages, one in Temecula and the other in Las Vegas.

German Stocks Fall, Led by Hypo Real Estate and Deutsche Post (Bloomberg.com) - Nov. 8 (Bloomberg) -- German stocks declined for the first day in four, paced by Hypo Real Estate Holding AG, Deutsche Post AG and E.ON AG after their third-quarter earnings missed analysts' estimates.