Homester.com Web News Archive

Real Estate Firms Buy Credits for Wind Power (Washington Post) - Two real estate firms announced yesterday that they had committed to purchasing credits for power generated from wind farms to cover the energy needs of their joint headquarters in Bethesda and an office building in downtown Washington.

Summit REIT supports $3.3B takeover offer by ING Real Estate Canada Trust (Canadian Business) - David Friend August 30, 2006 - 8:39 p.m. TORONTO (CP) - Summit Real Estate Investment Trust (TSX:SMU.UN) is supporting a takeover offer worth $3.3 billion in cash and debt from a subsidiary of Dutch financial services giant ING Groep (NYSE:ING), the trust said late Wednesday.

Summit REIT supports $3.3B takeover offer by ING Real Estate Canada Trust (Canadian Business) - David Friend August 30, 2006 - 7:04 p.m. TORONTO (CP) - Summit Real Estate Investment Trust (TSX:SMU.UN) is supporting a takeover offer from ING Real Estate Canada Trust worth $3.3 billion in cash and debt.

Summit REIT supports $3.3B takeover offer by ING Real Estate Canada Trust (Canadian Business) - TORONTO (CP) - Summit Real Estate Investment Trust says it's struck a deal worth $3.3 billion to be bought by ING Real Estate Canada Trust. ING is offering to pay $30 per unit for the real-estate trust and assume its existing debt.

Summit REIT supports $3.3B takeover offer by ING Real Estate Canada Trust (CP via Yahoo! Canada News) - TORONTO (CP) - Summit Real Estate Investment Trust says it's struck a deal worth $3.3 billion to be bought by ING Real Estate Canada Trust.

Waste dumps turned to prime real estate (Sydney Morning Herald) - A team of Australian scientists are using bacteria to turn toxic waste dumps into prime real estate. -

Principal Real Estate Enters Hotel Sector with Creation of New Position (Commercial Property News) - Principal Real Estate Investors, the real estate investment arm of Principal Global Investors has decided to enter the hotel investment arena. To this end, the company has hired James E. Fitzgerald as managing director of hotel investments.

Summit REIT board supports $3.3-billion takeover offer by ING Real Estate Canada Trust (Canadian Business) - August 30, 2006 - 5:03 p.m. TORONTO (CP) - Summit REIT (TSX:SMU.UN) board supports $3.3-billion takeover offer by ING Real Estate Canada Trust; trust urging unitholders to accept the "fair" offer.

Hometrader.TV Debuts as Outlet for Turning Real Estate Market (Real Estate News) - Site focuses on providing a multi-faceted web portal for real estate transactions

Real estate loans grow 100% despite higher risk weightage (The Economic Times) - MUMBAI: Real estate loans grew 100% between June ‘05 and June ‘06, despite RBI raising the risk weightage on such loans to discourage banks funding builders, reports Our Bureau.