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Hypo Real Estate secures major credit line (AP via Yahoo! Finance) - Hypo Real Estate Holding AG became the first German blue-chip company to seek a bailout in the global financial crisis, securing a line of credit of up to $51.2 billion aimed at shielding Germany's No. 2 commercial property lender as the financial crisis expanded to Europe.

Hypo Real Estate Gets $50 Billion in Emergency Credit (Update1) (Bloomberg) - Sept. 29 (Bloomberg) -- Hypo Real Estate Holding AG , Germany's second-biggest commercial-property lender, will receive a 35 billion-euro ($50 billion) loan guarantee from the government and a group of banks to save it from potential collapse.

Hypo Real Estate to Get EU35 Billion Bailout From State, Banks (Bloomberg) - Sept. 29 (Bloomberg) -- Hypo Real Estate Holding AG , Germany's second-biggest commercial-property lender, will receive a 35 billion-euro ($50 billion) guarantee from the government and private banks to save it from potential collapse.

German Stocks Drop Most in Eight Months; Hypo Real Estate Sinks (Bloomberg) - Sept. 29 (Bloomberg) -- German stocks fell the most in eight months after the government and a group of banks had to bail out Hypo Real Estate Holding AG with a 35 billion-euro ($50 billion) loan guarantee.

German Stocks Slump; Hypo Real Estate, Commerzbank Lead Decline (Bloomberg) - Sept. 29 (Bloomberg) -- German stocks dropped for a second day after the government and banks bailed out Hypo Real Estate Holding AG with a 35 billion-euro ($50 billion) guarantee.

Hypo Real Estate Posts Record Drop After Credit Line (Update1) (Bloomberg) - Sept. 29 (Bloomberg) -- Hypo Real Estate Holding AG , Germany's second-biggest commercial-property lender, fell the most in five years after saying it secured a ``multi-billion-euro'' credit line to shield itself from financial-markets turmoil.

Secured to Raise $1 Billion for Real Estate in Japan (Update2) (Bloomberg) - Sept. 29 (Bloomberg) -- Secured Capital Japan Co. , backed by clients including the California Public Employees' Retirement System, is raising $1 billion to buy properties from distressed sellers as Japan's real-estate market weakens.

Hypo Real Estate Secures Credit, Plans Dividend Cut (Update2) (Bloomberg) - Sept. 29 (Bloomberg) -- Hypo Real Estate Holding AG , Germany's second-biggest commercial-property lender, plans to scrap its 2008 dividend after securing a ``multi-billion-euro'' credit line to shield itself from turmoil on financial markets.

German Stocks Slump; Hypo Real Estate, Commerzbank Lead Decline (Bloomberg) - Sept. 29 (Bloomberg) -- German stocks sank the most in six months after the government and banks bailed out Hypo Real Estate Holding AG with a 35 billion-euro ($50 billion) guarantee.

JPMorgan Says `Steer Clear' of Russian Real-Estate Stocks (Bloomberg) - Sept. 29 (Bloomberg) -- Investors should ``steer clear'' of Russian real-estate stocks because the industry will be the country's ``hardest hit'' in the event of a global economic recession, JPMorgan Chase & Co. said.