Archive for November, 2009

Dubai realty co Nakheel seeks halt on trading (The Hindu)

Written by Admin on Monday, November 30th, 2009 in Uncategorized.

DUBAI: Dubai’s property developer Nakheel, part of the debt-laden Dubai World conglomerate, on Monday asked for a suspension of trading on all its Islamic bonds traded on NasdaqDubai bourse.

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Dubai storm: Realty IPOs to feel the heat (Hindustan Times)

Written by Admin on Monday, November 30th, 2009 in Uncategorized.

Asian shares rebounded today after a heavy sell-off in global equities last week, as the United Arab Emirates central bank moved to bolster its banking sector and calm fears over Dubai’s debt problems.

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JLL secures $60m funds for realty firms (Zawya)

Written by Admin on Monday, November 30th, 2009 in Uncategorized.

Jones Lang LaSalle (JLL), an international real estate consultancy, has secured more than $60 million (Dh220m) in bridge and mezzanine finance for regional real estate companies from overseas investors, according to a top company executive.

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Cheetah may sell properties worth RM1.4m (Business Times (Malaysia))

Written by Admin on Monday, November 30th, 2009 in Uncategorized.

Sports apparels and casual wear retailer Cheetah Holdings Bhd is prepared to sell four properties worth RM1.368 million. Executive director Chia Kee Kwei said this followed the group’s move to its new headquarters in Seri Kembangan, Selangor, with an attached warehouse which enabled the Cheetah to disburse all unnecessary properties. Earlier, the group through its subsidiary Cheetah Realty Sdn …

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Walker apologizes for conditions at Ill. buildings (AP via Yahoo! Sports)

Written by Admin on Sunday, November 29th, 2009 in Uncategorized.

Former NBA All-Star Antoine Walker is apologizing for “unacceptable” living conditions at Chicago buildings owned by his companies. Walker told the Chicago Tribune he wants to “humbly apologize” to everyone who’s been affected by the failings of his companies, Walker Ventures LLC and AW Realty LLC.

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Dubai crisis: Realty IPOs to feel heat (The Hindu)

Written by Admin on Sunday, November 29th, 2009 in Uncategorized.

NEW DELHI: Domestic realty companies which are planning to tap the primary markets may not see a smooth sailing as the Dubai debt crisis is likely to undermine investor confidence in the sector.

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Cogswell Realty sues developer over Newark venture gone sour (The Star-Ledger)

Written by Admin on Saturday, November 28th, 2009 in Uncategorized.

ARISTIDE ECONOMOPOULOS/THE STAR-LEDGERArthur Stern, CEO of Cogswell Realty Group, talks about the company’s future in Newark real-estate in this photo, taken Feb. 10, 2009. It was supposed to be a meeting of the minds between developers to transform a city…

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Dubai debt crisis hits realty stocks; DLF declines 1 pc (Hindustan Times)

Written by Admin on Saturday, November 28th, 2009 in Uncategorized.

Stock markets around the world cracked as the epicentre of the world’s latest financial earthquake, Dubai, sent tremors of uncertainty. The worst afflicted were emerging markets — Hong Kong and South Korea were down almost 5 per cent, Taiwan 3 per cent and Australia and China 2 per cent.

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Realty firm wants new trial after $2.5M award (Times Leader)

Written by Admin on Saturday, November 28th, 2009 in Uncategorized.

WILKES-BARRE – In a case in which a Luzerne County jury awarded a Shavertown man $2.5 million in damages after he became disabled due to a fall, attorneys for the realty company that was sued are asking for a new trial.

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Basalt Realty accepting donations (The Aspen Times)

Written by Admin on Saturday, November 28th, 2009 in Uncategorized.

BASALT - Basalt Realty, located at 0206 Cody Lane, is a drop-off point for clean and gently-used coats to benefit the Salvation Army, and also has a collection bin for non-perishable food items for Lift-Up. The items may be dropped off during normal business hours. All items will be transported to the combined offices of Lift-Up, the Salvation Army and Feed My Sheep at the Catholic Charities …

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