|Filed Under:||Business & Finance / Real Estate|
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|Archived Since:||December 12, 2008|
Now for sale: The countrys second-tallest skyscraper. The owners of the Willis Tower formerly the Sears Tower are looking for buyers for the 1,451 -foot tower, a spokesman for the ownership group confirmed. The group recently tappedShow More Summary
German closed-end funds, which raise money through public offerings and are traded on exchanges, are growing their fund businesses again after suffering mightily during the downturn.
As property prices rise in Spain, brokerage firms and other real estate services companies are fighting to attract talent.
Hovnanian Enterprises Inc. and LGI Homes Inc. both posted strong gains in quarterly sales on Thursday. But neither is an ideal indicator of the spring home-selling market.
Home builders are getting bullish about this spring home-selling season. A leading survey indicates that February new-home sales were up 12% on a per-community basis from a year earlier. And various big builders report double-digit percentage gains in February orders.
DTZ is discontinuing its leasing and investment-sales businesses in German markets other than Berlin, and focusing on valuation, property management and other services, company executives said.
Thousands of real estate executives and government officials from Russia usually participate in MIPIM. But this year only hundreds are attending and the huge Moscow pavilion that used to be a fixture at the event also is missing.
Vornado chief Steve Roth believes the company's urban retail holdings are "enormously" undervalued by Wall Street. As to the properties' future? He keeps investors guessing.
Now for sale: The country’s second-tallest skyscraper. The owners of the Willis Tower – formerly the Sears Tower – are looking for buyers for the 1,451 -foot tower, a spokesman for the ownership group confirmed. The group recently tapped...Show More Summary
Investors in retail buildings are the least optimistic commercial property owners.
Hollywood studio mogul David Geffen has sold the Malibu Beach Inn at a price of about $1.7 million per room, the highest valuation by this measure for any California hotel.
With a handful of tech firms already establishing outposts in the Phoenix suburb, Los Angeles-based Stockdale Capital is planning a 250,000 square foot office building in the city’s downtown given what it sees as strong demand from other tech companies.
The rate of business expansion is far outpacing the rate of new office building development, according to a new report from CBRE Group Inc.
Analysts have good news and bad news for real estate services giant Cushman & Wakefield Inc. in the wake of the news earlier this week that its parent company, Italian investment giant Exor SpA, was putting it up for sale.
Lending for home construction slowed its growth in the fourth quarter, underscoring that the home-building recovery remains restrained.
Oxford, the real estate arm of the Ontario Municipal Employees Retirement Systems, has purchased a nearly 50% stake in 1001 G St., NW, the latest in a two year buying spree in Washington, D.C.
The median size of newly built homes in the U.S. declined for the third straight quarter, hinting at the return of the entry-level buyer.
Deutsche Asset & Wealth Management, the real-estate investment arm of the German investment bank, is advising investors to allocate more of their portfolios to Europe and less to property in the U.S. and Asia.
Donahue Schriber Realty Group, a privately-held real estate investment trust, has gotten an infusion of $250 million in equity from two of its big owners to continue its aggressive pursuit of West Coast retail property, particularly grocery-anchored shopping centers.
One of the latest reports to indicate a strong start to the spring season is the monthly survey of home builders conducted by housing research firm Zelman Associates.