Investing
Exclusive: Bank of America Puts Non-U.S. Wealth Arm Up For Sale
China's Noah to Launch Up to $2.9 Bln Real Estate Fund
Lend Lease, CPPIB Likely Suitors For Australia Assets-Source
EDITOR'S PICKS
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Gov. Gavin Newsom Expedites Temporary Housing For Residents In Areas Struck By LA Wildfires
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Pasadena Native Lost Her House To LA Wildfires One Day After Paying Off Her Mortgage: 'It's Gone'
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How The Mircale Malibu Mansion And Pacific Palisades Home Survived The Devastating LA Fires
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What Happens To Your Mortgage And Property Tax When You Lose Your Home In A Natural Disaster?
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. Billionaire Adelson Plans $35 Billion Casino-Resort in Spain
Billionaire Sheldon Adelson said on Wednesday he plans to spend $35 billion on a mini-Las Vegas strip in Spain where he is courting the country's two top urban areas, Barcelona and Madrid, with plans for a casino complex. Japan's Mitsui Fudosan Targets Europe For $6.1B Real Estate Expansion
Mitsui Fudosan, the world's largest property owner by value, plans to expand its presence in Europe by initially targeting London's strong real estate market as part of a 500 billion yen ($6.14 billion) global expansion. Empire State Building IPO Could Bring Big Tax Bill
Malkin Group's plans to make the Empire State Building the centerpiece of a real estate investment trust have hit another snag -- long-time investors in the building could be vulnerable to huge tax hits, according to filings with the U.S. Security and Exchange Commission. Plaza Hotel May Sell For $600M To India's Sahara Group
India's Sahara Group is eyeing New York City's iconic Plaza Hotel after Israeli owners at El Ad Properties have offered to sell the landmark for $600 million. According to the Economic Times, the Sahara group has already paid a 10 percent down payment for the 105-year-old building following exclusive negotiations between the two real-estate conglomerates. Furthermore, Sahara's founder, Subrata Roy, has made an all-cash offer through Aamby, a Mauritius-based subsidiary, according to the ... In Tatas' Footsteps: Sahara Group to Snap Up NY's Iconic Plaza Hotel
It seems Indian business conglomerates are increasingly getting smitten by iconic brands and landmarks across the globe.
