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PARIS, Feb 21- U.S. real estate investment management firm CBRE Global Investors aims to raise 1.2 billion euros by selling 10 shopping malls in France and Belgium, according to French newspaper Le Figaro. Le Figaro said CBRE, which has $90.6 billion of assets under management, wanted to sell the malls because the fund for which it was operating them matures this...
*Manchester, Leeds, Glasgow amongst favoured destinations. Commercial and residential property in London has become a popular safe haven for investors from places such as Russia, China and southern Europe as a result of the financial crisis, and office prices have bounced back strongly from the lows. "We do need to be savvy as to where we invest, and there are some...
*43 stores set to close, many of them small Express format. LONDON/ BERLIN, Jan 8- Tesco's announcement on Thursday that it will close 43 stores and cancel another 49 developments is just the start of a review of a huge property portfolio that is out of tune with modern shopping habits. They have to accept that shopping habits have permanently changed, "said Planet...
HONG KONG, Dec 31- When Xi Jinping wanted to deliver a political message to Hong Kong as protesters demanding free elections were threatening to take to the streets, he summoned the tycoons who dominate the city's economy. But while Xi's message that day in the Great Hall of the People failed to deter the protesters, in speaking directly to the city's business and...
*Dubai stock market downturn evokes 2008 crash. *Stronger global economy due to cheap oil could help Dubai. So oil's current slide is being watched closely in Dubai.
AUBERVILLIERS, France, Dec 14- In the middle of 2008, construction began on France's biggest mall project in a decade. The 140- store centre, dubbed a "ghost mall" by some visitors, epitomizes the current state of France: high expectations stalled by low spending, dispirited entrepreneurs and a lack of growth prospects since GDP slumped 2.9 percent in 2009 and...
Banks may not be lending to home buyers or single family home developers, but they are doling out big bucks to apartment developers.
If you wanted to make a quick buck in property, Dubai would have been the place to do it. And the desert of superlatives is still going strong.
Steve Cohen could make up some of the money he owes Uncle Sam by cashing in on SAC's sprawling real estate holdings.
A Federal judge will allow the Justice Department to seize and sell an NYC building claimed to be a front for the Iranian government and terrorism.
Japan's public pension fund of $1.1 trillion may start buying real estate to boost returns in a move that could involve tens of billions pouring into cities such as London and Paris, property consultant CBRE said.
European property investors are regaining their appetite for riskier assets, as fears over the euro zone's economic stability ease and sought-after properties in the best neighborhoods become too expensive, a survey showed.
Japanese blue-chip firms, from electronics giants to brewers, are selling prime real estate to shore up battered balance sheets, stoking a resurgent property market.
LONDON, Nov 1- Spain's ``bad bank'' will struggle to find buyers for swathes of empty land, unfinished housing projects and doubtful loans left over from a property crash, hindering Madrid's attempts to overcome the wider economic crisis. Spain is setting up the bad bank, known by the acronym SAREB, under a plan to cleanse the banking system of toxic property assets.
The study by commercial real estate services firm CBRE comes just days after Hong Kong announced its first residential property tax targeted at overseas buyers as U.S. quantitative easing and record-low interest rates boost the risk of a housing bubble in the Asian financial centre.
Oct 8- Close Brothers Group PLC:. *Canaccord Genuity raises Close Brothers Group target price to 1200 p;. Reuters Station users, click. 1580.
*Cityscape projects include $1 bln Taj Mahal replica. DUBAI, Oct 3- Developers unveiled billion-dollar projects and new high-end residential developments at Dubai's Cityscape property show this week, as optimism returned to the emirate's battered real estate sector.
From the entire S&P 500, which stocks are analysts expecting to have the biggest pops? Find out!
Below is a look at the worst performing stocks in the past two days, along with their performance since Oct. 4.
In the past three months, the tide in financials has turned. The sector, which posted an 18 percent loss in 2011, has been consistently up each month this year.