Homester.com Web News Archive

Citic and Vanke set real estate venture (International Herald Tribune) - China Vanke, the biggest listed developer in China, said Tuesday that it would establish a real estate fund with the Hong Kong-based Citic Capital Markets Holdings, to raise $150 million to develop property.

Real estate firm sold for $1.3B (The Daily Record) - Morgan Stanley Real Estate and Onex Real Estate have agreed to buy Baltimore-based Town and Country Trust for $1.3 billion in a deal that would take the public real estate trust private and possibly open it to new growth.

German Stocks Including E.ON Advance; Hypo Real Estate Declines (Bloomberg.com) - Dec. 20 (Bloomberg) -- German stocks including E.ON AG rose. Europe's second-largest utility plans to pay a special dividend after selling its remaining stake in Degussa AG. Shares of Hypo Real Estate Holding AG declined.

Real Estate Heir Robert Durst Back In Police Custody (WNBC) - HOUSTON -- A New York real estate heir who was acquitted of murdering his Galveston neighbor was arrested Tuesday because he returned to Galveston in violation of the terms of his supervised release, a prison spokesman said.

Real Estate Agent Discovers Two Bodies (WSOC-TV 9 Charlotte) - A real estate agent in Monroe found the bodies of two men in a backyard shed Monday while inspecting a home for sale.

Nikkei rises, real estate firms gain on deal news (Reuters via Yahoo! News) - Japan's Nikkei share average rose 1.23 percent on Tuesday as real estate firms such as Mitsui Fudosan Co. Ltd. (8801.T) surged after a report of one of Japan's largest-ever property deals boosted confidence in the sector.

AIG May Purchase Tokyo Real Estate From Mori Trust (Update3) (Bloomberg.com) - Dec. 20 (Bloomberg) -- American International Group Inc., the world's largest insurer, may buy an office tower and a commercial building site in downtown Tokyo, providing the latest sign that Japan's real estate market is recovering.

Sorouh Real Estate listed on ADSM (MENAFN) - Sorouh Real Estate listed on ADSM

County real estate prices continue to skyrocket (The News-Review) - Christmas appears to have come early for area real estate agents.

Real Estate Apprentice Winner Receives State Recognition (Real Estate News) - RISMEDIA, Dec. 21—The Real Estate Apprentice Foundation announced that the newly formed Shearer Group of Marietta, Georgia, whose president is Kendra Shearer, grand prize winner of the Real Estate Apprentice Season I Grant Program ( www.kendrashearer.com ), is the first real estate firm to obtain certification as a Senior Approved Service in the state of Georgia.