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Real Estate Management & Development

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  • HONG KONG, Oct 13- China's Agile Property Holdings Ltd is in talks with banks to extend a remaining bridge loan, the company said on an analyst briefing call on Monday. Shares in the Hong Kong- listed property developer slumped by more than a fifth as trading in the stock resumed following news last week that it withdrew a rights issue and that its chairman Chen Zhuo...

  • SHANGHAI, Oct 8- China's main share index hit a 20- month high in intraday trade on Wednesday, underpinned by strength in property developers after the central bank rolled out policies to boost the struggling sector. Before the week-long break, the People's Bank of China cut mortgage rates and downpayment levels for some home buyers for the first time since the...

  • Brookfield wins auction for bankrupt Revel Casino Wednesday, 1 Oct 2014 | 7:09 AM ET

    Oct 1- Brookfield Asset Management has won the auction for Atlantic City's bankrupt Revel Casino Hotel, said a source familiar with the situation. The company bid $110 million for the casino complex, topping a $90- million bid by Florida real estate developer Glenn Straub, who did not submit a superior bid by 5.00 a.m. ET, the source said.

  • Sept 30- An affiliate of Brookfield Asset Management has topped Florida real estate developer Glenn Straub's $90 million bid for the bankrupt Revel Casino Hotel in Atlantic City, the Wall Street Journal reported, citing sources.

  • Brookfield bids for Atlantic City's Revel Casino - WSJ Tuesday, 30 Sep 2014 | 1:24 PM ET

    Sept 30- An affiliate of Brookfield Asset Management has topped Florida real estate developer Glenn Straub's $90 million bid for the bankrupt Revel Casino Hotel in Atlantic City, the Wall Street Journal reported, citing sources.

  • *Tokyo government downgrades casino project. TOKYO, Sept 29- Plans to open Japan's first casino in Tokyo before the 2020 Olympics are becoming increasingly unlikely, with developers facing skyrocketing building costs and a city government that no longer considers casino development an economic priority.

  • SYDNEY, Sept 25- Adani Mining on Thursday took a step closer to the development of a A $2.2 billion coal mining project in Australia after the federal government approved construction of a rail haulage line.

  • HONG KONG, Sept 18- China shares held onto slim gains on Thursday, as a jump in banking stocks outweighed falling property developers hurt by weak housing data. Gemdale Corp shed 2.9 percent, while Poly Real Estate Group lost 0.9 percent.

  • China shares end higher; machinery, property firms gain Wednesday, 17 Sep 2014 | 3:06 AM ET

    HONG KONG, Sept 17- China shares ended higher on Wednesday, reversing earlier losses, supported by machinery firms and property developers that were buoyed by Premier Li Keqiang's plans on urbanization.

  • China shares close higher for 5th day, property shines Thursday, 4 Sep 2014 | 3:09 AM ET

    HONG KONG, Sept 4- China shares rose for a fifth straight day on Thursday, boosted by strength in real estate developers after Reuters reported Beijing is relaxing financing rules for listed property firms.

  • WILLISTON, Aug 18- A subsidiary of real estate developer The Prime Group Inc said on Monday it plans to build a $150 million convention center in Williston, North Dakota, aiming to supply a world-class meeting space for the fast-growing oil boom community.

  • *Greentown China plunges on profit warning. HONG KONG, Aug 5- Hong Kong and China shares slipped on Tuesday after a survey showed growth In China's services sector fell to a record low, with property developers the main underperformers.

  • CALGARY, Alberta, Aug 4- Canexus Corp, the developer of Canada's first dedicated oil train terminal, has embraced the crude-by-rail boom with little success so far. The company's Bruderheim terminal, 55 kilometers northeast of Edmonton, Alberta, is one of seven unit train terminals operating or under construction in Western Canada.

  • HONG KONG/ SHANGHAI, Aug 4- China shares regained momentum on Monday on positive market comments from the country's top securities regulator, while gains in Hong Kong were restrained by weak property developers.

  • China developers at risk as trust funds dry up Tuesday, 15 Jul 2014 | 7:05 PM ET

    China's shadow banking firms slashed lending to property developers, potentially spelling trouble for the sector and the economy.

  • Hi-rises woo pet lovers with dog spas, rooftop walks Saturday, 21 Jun 2014 | 2:08 PM ET
    Benjamin Hodson and Bastion

    Luxury living among the high-rise set is going to the dogs as builders are finding a huge demand for innovative spaces for animal lovers.

  • Rent valuation: It's about the bang for the buck Monday, 16 Jun 2014 | 3:00 PM ET

    While high commercial real estate rents can impede a state's growth, they can also exemplify the value of a location.

  • Bubble watch: Blackstone exec on housing health Thursday, 13 Feb 2014 | 1:46 PM ET
    Jonathan D. Gray

    Blackstone, which has made big bets on hotels, rental homes and other real estate in recent years, continues to be bullish on the sector.

  • Selling NYC real estate in the bars of Moscow Monday, 11 Nov 2013 | 4:38 PM ET

    Many Russians who own property around the world ask the help of multilingual real estate consultants when looking at New York real estate. NYT reports.

  • How Canadian Housing Bubble May Hit Its Big Banks Tuesday, 14 May 2013 | 7:01 AM ET
    The Canadian Imperial Bank of Commerce in Toronto.

    Morningstar reports that Canada's banks and its housing finance agency may take serious losses if Canada's home prices decline.