Investing
Bernanke Real Estate Outlook: Recovery of Housing Market arduous
U.S. Pending Home Sales Rise 2 Percent in January
Cash paying Latin American property investors invade Florida real estate market
Global property investment markets enjoyed a stronger than expected end to last year according to Cushman & Wakefield's latest research. Citigroup and Northland Capital assign 'Buy' rating on Bovis Homes
Bovis Homes Group, the builder of traditional homes in England and Wales is scheduled to report its preliminary 2011 results on Monday, February 27 amid reports that Citigroup has assigned "Buy" rating on the stock, while Panmure Gordon recommends "Hold" rating with a target price of 450 pence per share. Sears Holdings will sell 11 stores for needed $770 million
Sears Holdings Corporation & General Growth Properties had reached a definitive agreement for the acquisition of 11 Sears anchor pads with its portfolio for $270 million on Thursday. Brad Pitt to Build Croatian Beach Resort: Report
Actor Brad Pitt may soon have a new role: real estate developer. Croatian paper Jutamji List reported that Pitt has partnered with businessman Danko Koncar and actor Rade Serbedzija to build a luxury waterfront resort in the Brijuni Islands in the Adriatic Sea. BGC Partners to Buy Grubb & Ellis as Brokerage Files for Bankruptcy
Howard Lutnick's BGC Partners Inc. (NASDAQ: BGCP) has agreed to buy the commercial real estate brokerage Grubb & Ellis Co.(PINK:GRBE), which will file for Chapter 11 bankruptcy protection after declining revenue from the commercial real estate bust. $147.5 Million Sale of Class A Medical Office Buildings in San Diego Closed by HFF
HFF has closed the sale of two Class A medical office buildings totaling 253,676 square feet in San Diego, California, as it is claimed. Amazon Plans Three Skyscrapers in Seattle
Amazon.com Inc. (NASDAQ:AMZN) is continuing its global expansion with a deal that will transform Seattle's skyline. The online retailer has agreed to purchase three development parcels in the city and plans a trio of 1 million square foot office towers. Positive economic outlook set to boost tourism and real estate on Cape Verde
The economy in Cape Verde is expected to rise 7.1% by 2013 from 5.6% in 2011, which will foster growth in the real estate sector, according to the experts of International Monetary Fund. China Shanghai Changes Housing Tax
China - The Shanghai city government is offering lower taxation for the average homepurchase after revising the standards of "ordinary" houses on Thursday.However, experts are cautious about whether the new standards will help "wait-and-see"homebuyers make a faster decision. New Jersey real estate developers are aiming to hit the rental market
More than 2,000 apartments are to be constructed in New Jersey to hit the market by the end of this year.
