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 …
Author Archives: Administrator
Japanese real estate stocks rally on US mortgage aid plan, rising office rents
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 …
Continue reading “Japanese real estate stocks rally on US mortgage aid plan, rising office rents”
Too many zeros add up to big problems in Carver County
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- …
Continue reading “Too many zeros add up to big problems in Carver County”
Feds probe real estate deals
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 …
Best Blue-Chip Real Estate Investments
Best Blue-Chip Real Estate Investments While gambles on up-and-coming neighborhoods and new developments paid off for many real estate investors during the boom, housing markets across the country are now awash with unsold condos and suffering from sluggish sales. But this is not the case for homeowners in so-called “blue chip” neighborhoods. Properties in these …
Real estate industry bill introduced [New Zealand]
Real estate industry bill introduced [New Zealand] Legislation that creates an independent real estate industry watchdog with the power to impose stiff fines and ban “land sharks” has been introduced to Parliament. Associate Justice Minister Clayton Cosgrove wants the changes in law by early next year and today’s introduction puts the bill on track for …
Continue reading “Real estate industry bill introduced [New Zealand]”