Investing
Canada's H&R Real Estate Investment Trust Oversold During Trade
InterContinental Hotels Posts 11 percent Profit Led by China and US
Home Prices Hit Record 5 Year High in UK as Sellers Increase Prices in Sight of Housing Boom
EDITOR'S PICKS
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Mortgage Rates Jump Back Above 6% After Iran Strikes Push Oil Prices And Treasury Yields Higher
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Jim Curtis Lists Seaport Loft-Style NYC Apartment With Brooklyn Bridge Views For $1.525M Amid Jennifer Aniston Romance
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Justin Baldoni Lists Renovated 10-Acre Solar-Powered Ojai Sanctuary For $8.88 Million As Trial Nears With Blake Lively
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Richard Dean Anderson's $45 Million Malibu Retreat: Inside His Hidden Celebrity Property Portfolio
China Vanke Company, the largest property developer of China, has entered the U.S. market with a partnership deal to build a residential complex in San Francisco, California. The venture marks Vanke’s first entry into the real estate market of U.S. Ernst & Young Report Finds Russia Better For Real Estate Investment Than Europe
Today, investors are saying Russia is a better real estate investment than Europe, according to Forbes.com. Abu Dhabi Investment Authority Buying 42 Marriott Hotels
The Abu Dhabi Investment Authority (ADIA) will be buying around 42 Marriott International hotels that are controlled by the Royal Bank of Scotland (RBS). The AIDA might pay around $992 million for the hotels. Investors’ Confidence in Private Real Estate Funds Rises, Preqin Report
In a survey conducted by alternative asset research company, Preqin, it was revealed that investment in private real estate fund was growing and investors’ confidence in the sector was returning. Kenneth Griffin Buys Big in Palm Beach, Florida
Kenneth Griffin, President and CEO of Citadel Investment Group has purchased four sprawling properties worth $130 Million in Palm Beach, Florida. Lawrence Moens of Lawrence A. Moens Associates had brokered all the four deals that were finalized in December 2012. MAC Marketing Solutions Apologizes for Manipulating Real Estate News Story (VIDEO)
Mac marketing Solutions, a Vancouver based real estate firm in Canada, has apologized for manipulating a news story which showed two of its employees posing as potential apartment buyers from China. The story was aired on CTV and CBS on Thursday, Feb 14,2013. Credit Suisse Looking for New office in Manhattan
Global banking giant, Credit Suisse is looking for new office space in Manhattan, New York to move its headquarters. The bank is trying to downsize office space once its lease expires in 2017. State Oil Fund of Azerbaijan to Buy Australian Real Estate
The State Oil Fund of Azerbaijan (SOFAZ) $34 billion sovereign-wealth fund plans to buy commercial real estate in Australia in bid to increase its assets in the continent, according to reports. Swiss Banks to Hold Extra Capital to Cover Mortgage Risks
The Government of Switzerland has made it mandatory for all the banks of the country to hold extra capital to cover the risk of mortgage loan default. The decision comes in the wake of fears of an emerging housing bubble in the country. Norway’s Oil Fund Investing in First U.S. real estate
The Norwegian oil fund, the world's largest sovereign-wealth fund, bought $600 million real estate in New York, Washington and Boston, with 49.9 percent of the properties on a joint venture with TIAA-CREF, the retirement account for non-profit institutions, reported Bloomberg.
