April 16- CBS Corp said on Wednesday that the Internal Revenue Service gave a favorable ruling to the company's plan to convert its outdoor advertising subsidiary, CBS Outdoor Americas Inc, into a real-estate investment trust. Media conglomerate CBS holds an 81 percent stake in CBS Outdoor, which went public in late March.» Read More
Sam Zell, chairman of Equity Group Investments, said Colombia "may be the best country to invest in" for a number of reasons, including its growing oil production.
A New York judge said Monday he expects a decision soon in the increasingly controversial fight over whether to allow Malkin Holdings to roll the Empire State Building into a REIT.
The chairman of the largest owner of industrial real estate in Japan says demand has been booming thanks to "Abenomics."
The company that manages the Empire State Building is seeking approval to create a real estate investment trust that would allow the skyscraper become a publicly owned company.
Mapletree Greater China Commercial Trust rose as much as 10.2 percent in its debut, underscoring demand from yield-hungry investors after the Temasek-backed trust raised $1.3 billion in Singapore's biggest REIT offering.
Calls for ending the mortgage interest deduction are circling through Washington. Proponents of the deduction say they're prepared to fight to the bitter end.
Shares in Japan Prologis REIT, a real estate investment trust set up by the world's largest owner of industrial buildings, soared more than 20 percent in their Tokyo market debut on Thursday. The strong start for the $1 billion initial public offering (IPO) is a sign that Asia's IPO market is getting its buzz back, analysts say.
The spread between low interest rates and the money real estate generates is "truly astonishing," Starwood Capital CEO Barry Sternlicht told CNBC.
CBS' stock rocketed on Thursday, as investors applauded the media company's move to convert its outdoor advertising business to a real estate investment trust, while divesting itself of its international portfolio.
Applications for U.S. home mortgages rose for a second straight week following three weeks of declines, data from an industry group showed on Wednesday.
Wall Street is hitching its bullish hopes to an unlikely star, believing that real estate will lead the recovery.
This new asset class could offer all kinds of investors a chance to get in on an old and well-tested source of revenue.
The flippers are back, but they are a new breed, reports CNBC's Diana Olick.
Singapore’s property stocks have surged on average 48 percent so far this year, far outstripping the 15.5 percent gain on the broader Straits Times Index, and analysts say there is still more upside for the sector.
Cramer sits down with the company’s CEO to find out.
Investors can probably expect solid gains for their 2012 stock portfolios. But the fortunes of individual sectors will also rise and fall in the years ahead, depending on which political party wins the White House in November.
American consumers have been flocking to the outlet stores in search of value, Tanger Factory Outlet Centers CEO Steven Tanger told CNBC on Thursday.
This company has “domestic security,” a high yield and a consistent business model, he said.
Commercial real estate delinquency rates remain above their norms since a decline in 2010 and 2011 and Barry Sternlicht, Starwood Capital Group chairman/CEO discusses his company's business strategy to buy and replenish distressed properties for profit.
The bond market is at a turning point, say portfolio managers, as interest rates start rising and inflation shows signs of reviving.
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