Homester.com Web News Archive

Nikkei rises, real estate firms gain on deal news (Reuters via Yahoo! News) - Japan's Nikkei share average rose 1.23 percent on Tuesday as real estate firms such as Mitsui Fudosan Co. Ltd. (8801.T) surged after a report of one of Japan's largest-ever property deals boosted confidence in the sector.

VIETNAM'S REAL ESTATE SECTOR IN CRISIS (Asia Pulse via Yahoo! Australia & NZ Finance) - Regulations / Law While real estate companies are accused of selling property at exorbitant prices, resulting in the country's property market freeze, the companies have pointed to the current compensation policy on site clearance and complicated administrative procedures as major problems affecting the sector.

Vietnam's Real Estate Sector In Crisis (Asia Pulse via Yahoo! Australia & NZ News) - While real estate companies are accused of selling property at exorbitant prices, resulting in the country's property market freeze, the companies have pointed to the current compensation policy on site clearance and complicated administrative procedures as major problems affecting the sector.

Growing Numbers Enter Real Estate Profession (Builder Online) - Do the math and the growing number of licensed real estate agents in Northern Colorado potentially whittles the number of commissions each agent can expect. But Fort Collins Realtor Eric Nichols isn't worried.

Tokyo shares rise on real estate rally (Financial Times) - Japanese domestic stocks rose sharply on Tuesday morning, led by a leap in the real estate sector. The Nikkei 225 was 1.2 per cent higher by midday at 15,580.75. The Topix rose 1.3 per cent to 1,609.88.

Lyon Real Estate settles name dispute (Sacramento Business Journal) - Lyon Real Estate of Sacramento says it has settled a lawsuit it filed against Lyon Share Investment Clubs LLC of Las Vegas in a trademark infringement dispute.

UBS hopes to have real estate product in China '06 (Reuters via Yahoo! Asia News) - NEW YORK, Dec 19 (Reuters) - UBS A.G. hopes to have some kind of real estate product on the market in China in 2006, the head of the Swiss bank's Global Asset Management division said on Monday.

Onex, partner offers $1.5 billion for huge U.S. real estate trust (CBC) - Onex Corp. has offered to spend $1.5 billion to buy the Town and Country Trust, a U.S. real estate investment trust that runs 39 apartment complexes.

Fecker named Tampa real estate manager (BizJournals) - The City of Tampa has hired a local real estate veteran to oversee acquisition and sales of city-owned property.

Singapore GIC Real Estate To Invest In 2 China Projects (Dow Jones News via Yahoo! Australia & NZ Finance) - DJ Singapore GIC Real Estate To Invest In 2 China Projects SINGAPORE (Dow Jones)--GIC Real Estate Ltd., the real estate investment unit of the Government of Singapore Investment Corp. Tuesday said it plans to invest in two new residential projects in China. GIC Real Estate said in a statement that it has acquired a 51% stake in Shenyang Vanke Tander Real Estate Co. and will acquire a 40% stake in