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16 Mar 2009
Soho China Likely to Announce Acquisition This Year, Zhang Says

Soho China Ltd., the biggest property developer in Beijings central business district, will likely announce an acquisition this year after asset values fell by almost half, Chief Executive Officer Zhang Xin said. / Source: ?loomberg

16 Mar 2009
Land Securities Replaced as U.K.s Most Valuable REIT

Land Securities Group Plc lost its status as the U.K.s most valuable property company after 40 years, following a 59 percent slump in the shares this year. / Source: Bloomberg

16 Mar 2009
BAA Extends Gatwick Bid Deadline Until End of April

BAA Ltd., the owner of Londons three biggest airports, delayed the deadline for final bids for Gatwick airport until the end of April after potential buyers said they needed more time. / Source: Bloomberg

16 Mar 2009
GPT May Pay Up to A$600 Million for Mall Stake, Australian Says

GPT Group may need to pay up to A$600 million ($394 million) for a half-share in the Melbourne Highpoint shopping mall as a result of a put option, the Australian newspaper reported, without saying where it got the information. / Source: Bloomberg

13 Mar 2009
Watergate Office, Retail Complex Put Back Up for Sale

The Watergate office complex, made famous by the political scandal that brought down President Richard Nixon, is being put back on the market after the owner failed to find a buyer last year. / Source: Bloomberg

13 Mar 2009
U.K. Property Stocks May Rebound After Share Sales, Bolton Says

U.K. property stocks, the worst performers since the industrys peak at the end of 2006, may rebound after the five largest companies bolster their balance sheets through rights offers, said Anthony Bolton, president of investments at Fidelity International Ltd. / Source: Bloomberg

13 Mar 2009
Swire Rises as 2008 Underlying Profit Beats Estimates

Swire Pacific Ltd., the Hong Kong office landlord and owner of 40 percent of Cathay Pacific Airways Ltd., rose in Hong Kong trading after posting a profit ex-items that beat analysts estimates. / Source: Bloomberg

13 Mar 2009
New Zealand property sales hampered by strict lending criteria

Stricter bank requirements are holding property investors in New Zealand back but there are some signs of more activity in the real estate market, experts say. / Source: Propertywire

12 Mar 2009
London Mayor Offers Years Free Rent to Lure Overseas Companies

London Mayor Boris Johnson is trying to bolster the citys position as a global financial center by offering overseas companies one years free rent if they relocate to the U.K. capital. / Source: Bloomberg

12 Mar 2009
CB Richard Ellis Plans Real Estate Bank to Manage U.K. Debt

CB Richard Ellis Group Inc, the worlds largest property broker, is transforming its U.K. finance arm into a real-estate banking shop to deal with a surge in problem loans. / Source: Bloomberg

12 Mar 2009
Neiman Marcus Posts Loss After Markdowns, Writedown

Neiman Marcus Group Inc., the U.S. luxury retailer owned by Warburg Pincus LLC and TPG Inc., posted a second-quarter loss after cutting prices during the holiday shopping season and writing down its assets by $560.2 million. / Source: Bloomberg

12 Mar 2009
Baugur Files for Bankruptcy After Losing Court Battle

Baugur Group Hf, the Icelandic investor that bought retailers in a ten-year acquisition spree before collapsing this year, filed for bankruptcy after a judge denied the company more time to restructure. / Source: Bloomberg

11 Mar 2009
Quintain Estates Jumps After Terms of Loan Agreement Relaxed

Quintain Estates & Development Plc, the company rebuilding the area around Wembley Stadium, rose the most in more than three months in London trading after its eight banks agreed to relax the terms of loan agreements. / Source: Bloomberg

11 Mar 2009
German Banks Dominate Largest U.K. Property Lending

German banks including DekaBank Deutsche Girozentrale and Landesbank Hessen-Thueringen are the dominant lenders for large commercial real-estate investments in the U.K., according to property adviser Savills Plc. / Source: Bloomberg

11 Mar 2009
Half of prospective Gulf property buyers believe prices are too high

Massive price falls in property in the Gulf region are not enough to tempt cautions real estate investors who believe that the market will not reach rock bottom until next year, according to a poll. / Source: Propertywire

11 Mar 2009
Industrial Securities Europe to spend £200m in UK

Industrial Securities Europe, the private equity firm which is a subsidiary of London-based Marcol Group, is eyeing the UK for a £200m spending programme. / Source: Propertyweek

10 Mar 2009
Cleveland Commercial Loan Delinquencies Signal More

Cleveland and Detroit lead the U.S. in commercial mortgage delinquencies, a sign the housing crisis that brought down Wall Street is spreading beyond the residential market. / Source: Bloomberg

10 Mar 2009
New York Times Sells Building Stake for $225 Million

The New York Times Co. agreed to sell all of the space it occupies in its Manhattan headquarters for $225 million to pay debt amid a decline in print advertising revenue. / Source: Bloomberg

10 Mar 2009
Henderson Bullish on China Real-Estate Stocks on Demand

Investors should buy China property stocks as interest rate cuts and the governments stimulus spending revive demand in the worlds third-largest economy, Henderson Global Investors said. / Source: Bloomberg

10 Mar 2009
McDonalds February Sales Climb 1.4% on Dollar Menu

McDonalds Corp., the worlds largest restaurant company, said global sales rose 1.4 percent in February as diners sought cheaper food. / Source: Bloomberg


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