News

Canadian REITs set to outperform the U.S.

Canadian real-estate investment trusts are set to outperform their U.S. peers largely due to the country’s strong economic fundamentals and the real estate sector’s more solid outlook, according to analyst reports.

Inside "The Bachelorette" home

For seven seasons, the first episode of ABC's The Bachelorette was filmed in Villa de la Vina, a Spanish-style estate in Los Angeles. But for season eight, which premiered on May 14, 2012, production of the show moved across the country to a European-style mansion in Charlotte, N.C. -- the hometown of this season's bachelorette, Emily Maynard.

Lloyds Bank sells Australian real estate loans

Lloyds Banking Group Plc announced Wednesday it is selling a portfolio of Australian corporate real estate loans worth £809 million ($1.25 billion) to AET SPV Management Pty Ltd. for about £388 million cash.