Investing
Coty Expands in Empire State Building
NYC Will Open 54 New Schools This Fall & A Software Engineering School, Says Bloomberg
Singapore Tightens Rules For Developers
Warren Buffett, the chairman of Berkshire-Hathaway, has revealed that he has been diagnosed with prostate cancer. France & Spain Are Top With British Second Home Owners
France and Spain are still the top locations for British property buyers seeking a second home abroad despite the eurozone economic turmoil. Exclusive: Bank of America Puts Non-U.S. Wealth Arm Up For Sale
Bank of America Merrill Lynch has put its wealth management units outside the United States up for sale, three sources familiar with the situation said, hoping to bring in up to $3 billion for the sub-scale business. China's Noah to Launch Up to $2.9 Bln Real Estate Fund
China's Noah Holdings Ltd , a distributor of wealth management products to high-networth individuals, plans to launch a real estate fund worth as much as 18 billion yuan ($2.85 billion) as cash-strapped developers seek alternatives to bank lending, the Shanghai Securities News reported on Tuesday. Lend Lease, CPPIB Likely Suitors For Australia Assets-Source
Australian fund manager QIC, Lend Lease and the Canada Pension Plan Investment Board (CPPIB) are expected to be the main suitors for stakes worth A$665 million ($689.57 million) in Centro Retail Australia's shopping malls, a source close to the transaction said. Dexus Sells U.S. Assets to Blackstone For $770 Mln
Australia's Dexus Property Group is selling 65 of its U.S. industrial properties to affiliates of Blackstone Real Estate Partners VII for $770 million and plans a share buyback with the proceeds from the sale, Dexus said on Monday. China ：Luxury Hotel “Groundscraper” to Built in Abandoned Quarry
China ：Luxury Hotel “Groundscraper” to Built in Abandoned Quarry For more than a decade, China has been a front-runner in the world's skyscraper race. Chinese Economy Slows to Near 3-Year Low, Property Sector Deflating [PHOTOS]
China's economy grew at its slowest in nearly three years in the first three months of 2012, with a weaker than expected reading raising investor concerns that a five-quarter long slide has not bottomed and that more policy action would be needed to halt it. One57 Gets Glassy: Photos Of Midtown's Newest Supertall Skyscraper [PHOTOS]
Extell's 1,004-foot tower in Midtown is finally getting its glass. Midtown Manhattan's much-awaited 1,004-foot One57 residential tower hasn't topped out yet, but the first dozen or so floors have already gotten their glass façade (although some of the blue panels appear to still have their protective pastic coating). AIG Returns To U.S. Real Estate Investment
American International Group Inc., the beleagued insurance company that was brought to its knees by the subprime mortgage collapse, is re-entering U.S. real estate investment later this year.
