Investing

Hiton Shares Jump 5.2% After Real Estate Investment Trust Spin Off Plans

Spinning off properties into Real Estate Investment Trusts (REIT) has become a common move among restaurant, retail and casino companies seeking tax benefits offered to property trusts. Among the companies that has recently been reported to be spinning off their properties is hotel magnate Hilton Worldwide Holdings Inc. which shares jumped 5.2% after the REIT spin off was revealed.

Real Estate News: Real Estate Deals Rise in December During Holidays

Commissions for closing a deal could go as high as six-digits. So, there is no time nor chance to waste.

New Zealand Real Estate Agencies Accused of Price Fixing

The property market in New Zealand is current drenched in controversy as accusations of price-fixing is being reported.