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Germany's Hypo Real Estate to cut 1,000 jobs (AP via Yahoo! News) - Troubled German lender Hypo Real Estate Holding AG on Saturday announced plans to cut about 1,000 jobs, more than half its current work force, by 2013 as it cuts costs following a government-backed rescue.
Hypo Real Estate to cut 1,000 jobs (AP via Yahoo! News) - Troubled German lender Hypo Real Estate Holding AG says it plans to cut about 1,000 jobs by 2013 — more than half its current work force.
Hypo Real Estate to Quit Infrastructure, Trading (Update1) (Bloomberg) - Dec. 20 (Bloomberg) -- Hypo Real Estate Holding AG plans to end the infrastructure and trading businesses as part of its reorganization, Chief Executive Axel Wieandt said.
REAL ESTATE NOTES (Richmond Times-Dispatch) - NEW FACES Ellen Roberson and Stuart Holmes are agents at Base Camp Realty of Richmond Inc. Melanie Culbreth is an associate broker at Virginia Realty and Relocation. Jeff Powell is a realtor at Olds Estates & Properties. PEOPLE IN THE NEWS Curtis M. Mummau has received the CPM of the Year Award from the Central Virginia Chapter 38 of the Institute of Real Estate Management. He has been with ...
REAL ESTATE TRANSACTIONS (The Post-Standard) - The following real estate transactions were filed at the Onondaga County clerk's office. 204 Carbon St. $20,000 Thein-An LLC to Chi Nguyen on Oct. 27.
Hypo Real Estate to shed nearly half its workforce (Deutsche Welle) - German property lender Hypo Real Estate says it will slash its workforce by almost half over a three-year period. The troubled private bank said in a statement that the number of employees will go down from some 1,800 to about 1,000. Two-thirds of the job cuts would be outside Germany.
Real Estate Live (Washington Post) - Welcome to Real Estate Live, an online discussion of the Washington area housing market with Post Real Estate editor Maryann Haggerty and columnist Elizabeth Razzi.
Real estate families (Chattanooga Times Free Press) - Although families work together in many industries, real estate is perhaps one of the most family-oriented professions, some real estate agents say.
Hypo Real Estate Sees ’08 Loss, Will Cut 1,000 Jobs (Update2) (Bloomberg) - Dec. 19 (Bloomberg) -- Hypo Real Estate Holding AG , the property lender that had to be bailed out by the German government and financial institutions in October, said it will post a 2008 loss as it takes a 400 million-euro ($556 million) charge to streamline its operations.
Commercial real estate market trends downward in Lee County (The News-Press) - Lee County's commercial real estate market, which kept going strong long after home building crashed three years ago, is faltering at last.
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