Homester.com Web News Archive

Lehman in talks to sell real estate, securities: report (Reuters via Yahoo! News) - Lehman Brothers is in talks for potential sale of its $40 billion portfolio of commercial real estate and securities in an effort to bolster its finances following costly credit-related write-downs, the Financial Times said in its online edition.

Chinese spend big on real estate (CNN.com) - SHANGHAI, China (AP) -- China's National Statistics Bureau has reported that spending on real estate and other fixed urban assets rose 27.3 percent in the first seven months of the year compared with the same period a year ago, accelerating amid reconstruction of areas devastated by May's earthquake.

Lehman reportedly in talks to sell $40 bln in real estate assets (Market Watch) - Lehman Brothers Holdings Inc. (LEH) has had talks with several groups about possibly selling its real estate assets and securities, which are worth about $40 billion, the Financial Times reported on its Web site Friday. If Lehman fails to pull off a sale, it may list the real estate division separately, according to sources involved in the talks. The sources also said Lehman has offered to ...

21.4 billion USD for real estate market (Vietnam Net) - VietNamNet Bridge - The real estate market attracted 21.4 billion USD of foreign direct investment (FDI) in the first seven months of the year, representing 48 percent of the total newly-registered capital, according to the Ministry of Planning and Investment (MPI).

Lehman faces fight to shed real estate assets (Financial Times) - Last year, when the firm announced it was teaming up with Tishman Speyer to buy the real estate investment trust Archstone in a $22bn deal, with Lehman providing the riskiest part of the financing, some veterans of the property market wondered if the bank really had the strength commensurate with its ambitions.

ING Clarion Global Real Estate Income Fund 'IGR' Declares Monthly Distribution for August (Centre Daily Times) - The Board of Directors of the ING Clarion Global Real Estate Income Fund (NYSE:IGR) (the 'Fund'), which trades on the New York Stock Exchange under the symbol 'IGR', today declared a monthly distribution of $0.115 per share for the month of August 2008. The following dates apply:

ING Clarion Real Estate Income Fund ´IIA´ Declares Monthly Distribution for August (wallstreet:online AG) - The Board of Directors of the ING Clarion Real Estate Income Fund (NYSE:IIA) (the ´Fund´),

ING Clarion Global Real Estate Income Fund ´IGR´ Declares Monthly Distribution for August (wallstreet:online AG) - The Board of Directors of the ING Clarion Global Real Estate Income Fund (NYSE:IGR) (the ´Fund´),

Broker: Vail Valley real estate slower, but still 'good' (Vail Daily) - VAIL — Tighter credit and a slowing economy have slowed real estate sales across the region this year. But, while sales volume is down everywhere, the average price of homes in Garfield and Summit counties is still on the rise.

Fitch Affirms Guggenheim Structured Real Estate Funding 2005-2 (Centre Daily Times) - Fitch affirms all classes of Guggenheim Structured Real Estate Funding 2005-2, Limited and Guggenheim Structured Real Estate Funding 2005-2, LLC (Guggenheim 2005-2) as follows: