Homester.com Web News Archive

(AFX UK Focus) 2008-03-31 03:37 GMT: China's Evergrande Real Estate plans 400 mln usd share placement - report (Interactive Investor) - BEIJING (XFN-ASIA) - Evergrande Real Estate Group is seeking to raise around 400 mln usd from a private share placement after its original plan for a much larger share offer in Hong Kong was unsuccessful, the South China Morning Post reported, citing sources.

Real estate firm employee robbed (The Times of India) - A chief sales manager of a real estate company was allegedly kidnapped and robbed by some persons.

Big Y Adds Muscle to Its Real Estate and Facilities Teams (Progressive Grocer) - Regional retailer Big Y Foods, Inc. has named Frank J. Horacek v.p. of real estate and development, and Anthony P. Coppola director of facilities management.

Abu Dhabi's Mubadala eyes U.S. real estate firm (Reuters via Yahoo! Malaysia News) - ABU DHABI, March 30 - Mubadala Development Co, an Abu Dhabi investment vehicle that manages over $10 billion of assets, said on Sunday it is in talks to buy a stake in a U.S. real estate firm with which it will develop regional projects.

Preparations under way to mail real estate tax bills in May (Morris Daily Herald) - Grundy County real estate taxes will be mailed some time in May 2008.

Delek Real Estate profit lower in tumultuous year (Globes Online) - 2007 included the cancellation of the acquisition of Swiss real estate company Jelmoli.

Sun: Real estate drags TASE down (Globes Online) - The Tel Aviv 25 index again closed below 1000 points as financials failed to boost Israel Chemicals or real estate stocks.

IBS Speakers Say Florida Real Estate Recovery Likely Will Be Slower Than Rest of U.S. (Multi-Housing News) - Orlando, Fla.--Although U.S. real estate might bottom out this year, the Florida housing market will most likely take longer to rebound, according to economists who spoke Wednesday at the International Builders' Show in Orlando, Fla.

Increase in real estate competition sparks boom in online property advertising (AME Info) - With increasing competition among UAE developers and a rise in the number of finished projects coming on line in 2008, real estate agencies and developers are spending more money on relatively affordable online advertising to gain a competitive edge in the market.

Real estate experts say a change is coming (Vallejo Times-Herald) - Most homes for sale in Solano County are classified as "distressed," which likely means a change is coming to the area, real estate experts said Friday. But it's uncharted territory, and what form that change will ultimately take can only