Real Estate Management & Development Real Estate Development

  • BISMARCK, N.D.— The company developing the four-state Dakota Access oil pipeline has purchased a portion of a historic North Dakota ranch where a violent protest occurred earlier this month due to what tribal officials said was construction crews destroying burial and cultural sites. Morton County records show Dallas- based Energy Transfer Partners...

  • NEW YORK— The Latest on federal charges against a former top aide to New York Gov. The attorney general's office says SUNY Polytechnic Institute president Alain Kaloyeros is accused of restraint of trade along with 59- year-old Joseph Nicolla, president of Columbia Development. Andrew Cuomo said Thursday that Kaloyeros has been suspended without pay from...

  • NEW YORK, Sept 21- American Dream, New Jersey's long-stalled mega-mall and entertainment complex, faces a renewed legal challenge from a nonprofit group seeking to block $1.15 billion in tax-exempt financing that developers say they need to finish the project. The New Jersey Alliance for Fiscal Integrity on Wednesday revised an appeal it now has before state...

  • BEIJING, Sept 21- China's listed property developers issued 960 billion yuan in bonds as of Sept. 19, more than three times the amount in the same period last year, financial magazine Caixin reported, citing data from WIND, a Chinese financial data provider. The biggest property bonds issuers this year include Dalian Wanda Commercial Properties and Guangzhou R&F...

  • Night aerial cityscape of Wuhan, in Hubei province, China, taken in 2016.

    CNBC takes a look at China's largest megacities, and two urban development schemes with the potential to dwarf them all.

  • The Trump Tower building is viewed on 5th Avenue in New York City.

    Donald Trump has reaped at least $885 million in tax breaks, grants and other subsidies for his empire, The New York Times reports.

  • PALO ALTO, Calif.— An advisory board recommended a California city refuse Facebook CEO Mark Zuckerberg's plans to demolish and rebuild four homes around his property because of privacy concerns, saying it won't support the building of a "compound." Zuckerberg bought the Palo Alto homes in 2013 for $30 million after learning that a developer planned to build a...

  • The L’Dor V’Dor property in Montego Bay, Jamaica

    In the exclusive world of luxury real estate, Concierge Auctions' Laura Brady has pushed a new way to buy and sell luxury homes around the globe.

  • LYNDHURST, N.J., Sept 15- New Jersey re-affirmed its support on Thursday for a $1.15 billion municipal bond deal to finish building a long-stalled mega-mall and entertainment complex after a lawsuit challenged the use of such tax-exempt public financing. Proceeds will fund construction of the $2.7 billion American Dream project in New Jersey's Meadowlands...

  • PRESS RELEASE- UK GOVT STATEMENT ON EDF HINKLEY POINT DEAL@. PARIS, Sept 15- Below is the text of a UK government statement announcing a new deal with French utility EDF for the construction and operation of the Hinkley Point C nuclear project in southwest England. However, ministers will impose a new legal framework for future foreign investment in Britain's...

  • HONG KONG/ LONDON, Sept 8- Henderson Global Investors, which froze its open-ended UK property fund in the wake of Brexit, has sold one of its prized London office properties to Chinese developer China Vanke, the buyer said on Thursday. While UK property funds were hit by heavy redemptions after Britain's June 23 vote to leave the European Union as investors feared...

  • *Segro shares fall 2.7 pct to 443 pence at 1221 GMT. Sept 2- Segro Plc, Britain's largest listed industrial property developer, shook off wider Brexit concerns on Friday, raising 325 million pounds to develop new logistics warehouses as "e-retailing" grows across Europe. Property was one of the sectors hardest hit by Britain's June 23 referendum to leave the...

  • *Segro shares fall 2.6 pct to 443.5 pence at 0917 GMT. Sept 2- Segro Plc, Britain's largest listed industrial property developer, shook off wider Brexit concerns on Friday, raising 340 million pounds to develop new logistics warehouses as "e-retailing" grows across Europe. Property was one of the sectors hardest hit by Britain's June 23 referendum to leave the...

  • Sept 1- Canada Pension Plan Investment Board bought a 50 percent interest in a Canadian office portfolio from real estate developer Oxford Properties Group for about $1.18 billion. The portfolio includes five office buildings in downtown Toronto and two in Calgary, with a combined area of 4.2 million square feet, CPPIB said. Following the deal, Oxford and CPPIB...

  • A real estate agent places an ad for a house in the window display board.

    Prolonged low rates and dwindling liquidity for loans on the secondary market could grind home sales to a halt again.

  • *Interest in China property shares rekindled by Financial Street. *Hong Kong stocks seen benefiting from the Shenzhen Connect. SHANGHAI, Aug 18- China stocks rose on Thursday morning, helped by a resurgence in real estate shares, as Financial Street become another developer, after Vanke, to be caught up in M&A-driven share surges.

  • NYT'S Stewart on Trump's taxes: Let's just see the returns

    James Stewart, CNBC Contributor and Columnist at The New York Times, says Donald Trump is likely using tax code loopholes to massively decrease his tax liability.

  • BUENOS AIRES, Aug 10- Things are looking up for Argentina's high-end real estate sector after it struggled for years under former President Cristina Fernandez's unorthodox economic policies, industry leaders told Reuters this week. Eduardo Costantini has made a name for himself in recent decades with luxurious residential mega-projects, such as the...

  • *Japan is not blowing bubbles, but economists still wary. TOKYO, Aug 10- Anyone visiting the Bank of Japan these days cannot miss the construction site across the street that takes up a whole city block, part of a renaissance in real estate development that is sweeping the country. Offices, apartments and hotels are popping up in major cities across Japan as the BOJ's...

  • SHANGHAI, Aug 8- China shares rose on Monday, as a surge in coal stocks and sustained interest in property shares ignited by drama involving a major developer offset the impact of worse-than-expected trade data. Both China's blue-chip CSI300 index and the Shanghai Composite Index climbed 0.9 percent, to 3,234.18 points and 3,004.28 points, respectively.