Homester.com Web News Archive

Japan's Real Estate Trusts Rise from the Abyss (BusinessWeek) - Japan's 40 real estate investment trusts (Reits) are slowly and painfully recovering from their worst experience since they were introduced in 2001. However, some analysts still see major structural problems in the industry.

Real estate sales up, prices soar (Asia News Network) - The real estate market is quickly turning hot. On Monday, for instance, a land parcel along Beijing's Guangqu Road was auctioned off for more than 4 billion yuan ($585 million) after fierce bidding among major developers from the mainland and Hong Kong.

Real estate losses bring down Dallas bank (Fort Worth Star-Telegram) - Dallas-based Millennium State Bank, suffering $47 million in bad commercial real estate loans, was closed Thursday by the Texas Department of Banking. The bank will reopen Monday as a branch of State Bank of Texas, where automatically transferred deposits will continue to be insured by the Federal Deposit Insurance Corp., said FDIC spokesman David Barr. "Essentially, the bank experienced ...

Real estate sales up, prices soar (People's Daily) - The real estate market is quickly turning hot. On Monday, for instance, a land parcel along Beijing's Guangqu Road was auctioned off for more than 4 billion yuan ($585 million) after fierce bidding among major developers from the mainland and Hong Kong. The price set a record for a single land parcel in Beijing. More dramatically, just 15 months ago, this land parcel was withdrawn from a public ...

China's real estate sales up, prices soar (People's Daily) - China's real estate market is quickly turning hot and worries grow along on bubbles in the industry. On Monday, for instance, a land parcel along Beijing's Guangqu Road was auctioned off for more than 4 billion yuan (585 million U.S. dollars) after fierce bidding among major developers from the mainland and Hong Kong, according to Friday's China Daily. The price set a record for a single land ...

REAL ESTATE (St. Petersburg Times) - Residential real estate In this section you can find different offers on residential real estate from the leading real estate agencies: Apartments for all tastes: standard to luxurious, short or long terms.

REAL ESTATE CATALOGUE (St. Petersburg Times) - In the nearest issue you will find the latest data on commercial, residential and trade premises in St. Petersburg. Fresh information about state of real estate market, tips from the leading consulting companies and much more!

Real estate magnate Dempsey Travis dead at 89 (KWQC-TV 6 Davenport) - CHICAGO (AP) - Dempsey Travis, a stockyards worker's son who rose to become a real estate magnate, civil rights activist and jazz musician, has died at age 89.

Anchor BanCorp looks at unloading real estate holdings (Wisconsin State Journal) - Anchor BanCorp Wisconsin, parent company of AnchorBank, wants to unload out-of-state real estate holdings that have been dragging down the company's bottom line.

Japan's real estate trusts rise from the abyss (Finance Asia) - After a long period of uninterrupted losses, Japan's real estate investment trusts are recovering – somewhat.