News about properties and real estate
U.K. Commercial Real Estate Returns Drop By Record U.K. commercial real estate returns fell by a record amount last month as higher interest rates and a drop in bank lending pushed prices down, according to Investment Property Databank Ltd., a London-based research firm. The total return on investments, after taking rental income and growth into …
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Real estate assistants invaluable in keeping the industry running Murder! Mistreatment! Extravagance! The case was so sordid that the National Association of Realtors should have sent out an all-states bulletin: We’re not really like this! Last week’s news that Natavia Lowery confessed to bludgeoning her boss, Linda “Realtor to the stars” Stein, with a “yoga …
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Goldman in $2bn property push Goldman Sachs has amassed $2bn to use for property investments in Asia, a move likely to intensify competition for assets in fast-growing markets such as China and India. The bank has been a prominent investor in Japanese property for a decade, but has decided to allocate significant resources to real …
Japanese real estate stocks rally on US mortgage aid plan, rising office rents Japanese real estate stocks rose in morning trading Friday on hopes that the US government’s rescue plan for struggling homeowners will ultimately improve conditions for real estate investment in Japan. A rise in office rents in central Tokyo last month also heartened …
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Too many zeros add up to big problems in Carver County Eric Mattson was not surprised that the small vacant lot he bought last year near the shores of Lake Waconia was increasing in value. What shocked him was the $189 million market value the Carver County assessor’s office came up with for the 55- …
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Feds probe real estate deals Federal agents are investigating real estate deals involving Gov. Rod Blagojevich’s wife as part of a three-year corruption probe into allegations of favoritism and fraud within his administration. Several federal sources familiar with the inquiry confirm that agents are interested in hundreds of thousands of dollars in real estate commissions …