LOS ANGELES _ CBRE Group Inc. on Wednesday reported net income of $107.1 million in its third quarter. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 36 cents per share. CBRE expects full-year earnings in the range of $1.65 to $1.70 per share.
DUBAI, Sept 22- An economic rebound has catapulted house prices and rents in Dubai to Manhattan- like peaks, the Gulf emirate's top property website says, forcing increasing numbers of residents to move to its cheaper outskirts or even to consider returning home abroad.
*H1 commercial property investment tops 10 bln euros- CBRE. Investors ploughed 10.7 billion euros into French office, retail, logistics and industrial properties in the first half of the year, up 73 percent from the same period last year, real estate adviser CBRE said.
*Hong Kong rents facing first fall in a decade- CBRE. Hong Kong shop store rents stood at around HK $4,331 per square foot in the first quarter- about 25 percent higher than those in New York and almost triple similar rents in Paris, the world's second and third most expensive cities for retailers respectively, according to property services firm CBRE.
BERLIN, July 13- It has taken a quarter of a century longer than hoped but Berlin is now glimpsing the prosperity that was supposed to land in its lap after the Wall came down in 1989 and it was restored as the jubilant capital of Germany.
DUBAI, June 8- Low residential rental yields in Dubai and Abu Dhabi may indicate growing imbalances and overheating in the real estate sector, the United Arab Emirates central bank said on Sunday, in the first official warning about soaring property prices.
FRANKFURT, May 16- German real estate group Corpus Sireo, which manages offices for clients such as Deutsche Bank, Deutsche Telekom, Cerberus and Brookfield, has attracted several bids and expects a sale to be decided in July, people familiar with the matter said.
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.
Caesars Entertainment is among several companies showing unusual movement in Wednesday's trading session.