Homester.com Web News Archive

ING to Create Fund to Buy Japanese Real Estate, Nikkei Says (Bloomberg.com) - Dec. 5 (Bloomberg) -- ING Group NV plans to create a Japanese real estate fund with more than 100 billion yen ($910 million) in assets, the Nikkei Financial Daily said, citing ING Real Estate Chairman and Chief Executive Officer George Jautze.

Dubai may offload London real estate (Daily Telegraph) - The Dubai government, which owns about £10bn in real estate around the world, is considering selling properties in London just as UK institutions are struggling to offload assets to meet investor outflows.

Real estate agent robbed while showing houses (KOB-TV Albuquerque) - A real estate agent was robbed at gunpoint when a woman asked to see luxury homes in Santa Fe. The suspect went to Sotheby's International Realty on Washington Avenue in Downtown Santa Fe Monday.

Staubach Co. buys Kansas City real estate firm (Dallas Morning News) - The Staubach Co. has acquired Glaze Commercial Real Estate Advisors of Kansas City, Mo. Addison-based Staubach is scheduled to take over operation of Glaze Commercial at the beginning of 2008.

Steamboat real estate exceeds $1 billion (Vail Daily) - STEAMBOAT SPRINGS, Colo. — The real estate news from Steamboat Springs-dominated Routt County echoes that from other resort areas of the West. The town has established a new one-year record for real-estate volume, despite slowing sales during October.

Gramercy Capital Corp. To Present At The Wachovia 11th Annual Real Estate Securities Conference On Wednesday, December ... (Finanzen.net) - Gramercy Capital Corp. (NYSE: GKK) announced today that Hugh Hall, Chief Operating Officer of Gramercy, will present at Wachovia's 11th Annual Real Estate Securities Conference at 11:10 am EST on Wednesday, December 5, 2007. ...

The chill spreads to commercial real estate (Los Angeles Times) - Credit market turmoil has slowed sales and softened prices for office buildings in Southern California. The global credit crunch that took hold of financial markets in the summer is now taking the steam out of commercial real estate.

Padding your retirement with real estate (CNN Money) - Question: I have a chance to pick up two ocean-front condos on the east coast of Florida for about $85,000. I was thinking of buying them in an all-cash deal with my IRA account, but I'm not sure whether you're allowed to own real estate inside an IRA. Can I do this? - Bernard Grossman, Hallendale Beach, Florida

Courses on real estate (The Telegraph) - Management institutes and realtors have started offering courses in real estate management and valuation to address the growing need for professionals in the industry.

Real estate agents go on attack (The New Zealand Herald) - A new law to reform the real estate sector was introduced into Parliament this week - just as agents launched a stinging attack on a senior Government minister for repeatedly criticising them.