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Real Estate Management & Development Real Estate Development

  • DUBAI, United Arab Emirates— The Trump Organization's business partner in Dubai has signed an agreement to help develop a waterfront project in Oman valued at $1 billion. The state-run Oman News Agency reported that DAMAC Properties chairman Hussain Sajwani signed the deal in Muscat, the Omani capital, on Wednesday. DAMAC Properties has built one Trump golf...

  • NEW YORK— Ties to the White House may ultimately help the Kushner Cos., but recent trouble in a New Jersey city suggests they can hurt a bit, too. Kushner Cos. spokesman James Yolles said the company is committed to the "much-needed investment" in that area of the city. The 79- story One Journal Square project gained attention last month after Jared Kushner's sister,...

  • The Kushner Cos. sent a letter withdrawing its application for a 30- year break from city taxes for a planned two-tower project in the struggling Journal Square section of the city, Jersey City spokeswoman Jennifer Morrill said Wednesday. The 79- story building— One Journal Square— gained attention last month after Jared Kushner's sister, Nicole Kushner Meyer,...

  • BEIJING, June 14- Annual growth in China's real estate investment slowed in May, the first falloff in three months, as government curbs cooled an overheated market and undermined investment, taking a toll on new developments. New construction starts measured by floor area, a telling indicator of developer confidence and correspondingly volatile, grew 9.5...

  • NEW YORK, June 12- Billionaire investor Warren Buffett will travel to New York this week to help Israel sell government bonds, the underwriting agency for the bonds said on Monday. Development Corporation for Israel, which underwrites the bonds in the United States and is commonly known as Israel Bonds, said Buffett will meet privately on Thursday with U.S.,...

  • NEW YORK, June 12- Billionaire investor Warren Buffett will travel to New York this week to help Israel sell government bonds, an arm of the Israeli government said on Monday. Development Corporation for Israel, which underwrites the bonds in the United States and is commonly known as Israel Bonds, said Buffett will meet privately on Thursday with U.S., Canadian,...

  • NEW YORK, June 12- Billionaire investor Warren Buffett will travel to New York this week to help Israel sell government bonds, an arm of the Israeli government said on Monday. Development Corporation for Israel, which underwrites the bonds in the United States and is commonly known as Israel Bonds, said Buffett will meet privately on Thursday with U.S., Canadian,...

  • NEW YORK, June 12- Billionaire investor Warren Buffett will travel to New York this week to help Israel sell government bonds, an arm of the Israeli government said on Monday. Development Corporation for Israel, which underwrites the bonds in the United States and is commonly known as Israel Bonds, said Buffett will meet privately on Thursday with U.S., Canadian,...

  • NEW YORK, June 12- Billionaire investor Warren Buffett will travel to New York this week to help Israel sell government bonds, an arm of the Israeli government said on Monday. Development Corporation for Israel, which underwrites the bonds in the United States and is commonly known as Israel Bonds, said Buffett will meet privately on Thursday with U.S., Canadian,...

  • HONG KONG, June 7- New World Department Store China Ltd said its parent firm plans to take it private for HK $934.5 million, so that it can better tackle a challenging operating environment and take risks in implementing strategy. Property developer New World Development Co Ltd, which owns 72.29 percent of New World Department Store, is offering HK $2 apiece for...

  • SHANGHAI, May 29- The chairman of the Senate Judiciary Committee has called for an investigation into "potentially fraudulent statements and misrepresentations" made by companies promoting investment in a property development involving the family company of White House advisor Jared Kushner. Citing a May 12 report by Reuters, Chuck Grassley, a Republican...

  • *Qatar's Ezdan levels off after steep slide. DUBAI, May 28- Most Gulf stock markets fell in disappointment on Sunday after global oil producers agreed to extend cuts in output by nine months in an effort to prop up prices, while real estate developers boosted Egypt's index. Last Thursday's oil output deal may put a floor under oil prices at around $50 a barrel for...

  • Jared Kushner, senior White House adviser

    Jared Kushner is landlord to Baltimore-area renters who complain about disheveled property and have faced legal action for moving out, ProPublica reports.

  • BEIJING, May 18- Property developers in China could implement price cuts sooner than expected as sales slow and credit conditions tighten, raising the potential need for a state-imposed price floor, according to a senior executive of Future Land. China has tightened rules for real estate businesses seeking to raise funds and introducing a flurry of measures...

  • *Egypt's SODIC jumps on expansion plans, strong Q1 results. DUBAI, May 17- Egypt's stock market outperformed its Gulf peers on Wednesday on the back of strong first-quarter earnings and positive news from a real estate developer, while Saudi Arabia saw increased activity as traders took positions ahead of Ramadan. Egypt's index rose 1.0 percent as real estate...

  • BEIJING, May 15- Behind China's trillion-dollar effort to build a modern Silk Road is a lending programme of unprecedented breadth, one that will help build ports, roads and rail links, but could also leave some banks and many countries with quite a hangover. At the heart of that splurge are China's two policy lenders, China Development Bank and Export-Import Bank...

  • MUMBAI, May 12- Indian conglomerate Piramal Enterprises said it is looking to expand its real estate development business and also expects to have a licence to start providing home mortgages by July. The Mumbai- based group, whose interests range from pharmaceuticals to financial services and real estate financing in India's big cities, said it now plans to...

  • The offering was priced at $14 per share, much lower than the proposed range of $18- $20, raising $294 million. Shares of Five Point, which develops commercial and residential land sites in coastal California, rose to as much as $15.40, giving the company a market value of about $3.35 billion. Existing single-family home sales in California were up 6.9 percent in...

  • KUALA LUMPUR, May 9- Malaysia is trying to rope in China's Dalian Wanda Group Co Ltd to develop a $1.7 billion Kuala Lumpur property project, barely a week after it dumped its original partners in disputed circumstances, sources aware of the discussions said on Tuesday. An investment by Dalian Wanda- owned by China's richest man Wang Jianlin- would be a big boost for...

  • KUALA LUMPUR, May 9- Malaysia is trying to rope in China's Dalian Wanda Group Co Ltd to develop a $1.7 billion Kuala Lumpur property project, barely a week after it dumped its original partners in disputed circumstances, sources aware of the discussions said on Tuesday. An investment by Dalian Wanda- owned by China's richest man Wang Jianlin- would be a big boost for...