Simon Property’s 2Q results grow by 56 percent

Posted by property | Posted in Real Estate | Posted on 31-07-2010-05-2008

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Simon Property’s 2Q results grow by 56 percent
Retail property owner Simon Property Group Inc. said Friday its second-quarter results climbed by 56 percent on improved occupancy and increased property sales.
Read more on AP via Yahoo! Finance

Simon Property Cuts Three Centers Out Of Prime Outlets Deal
Simon Property Cuts Three Centers Out Of Prime Outlets Deal
Read more on FOX Business

Property market to stay vibrant

Posted by property | Posted in Real Estate | Posted on 31-07-2010-05-2008

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Property market to stay vibrant
MALAYSIA’S property market is due to stay vibrant in 2010 due to low borrowing costs, easier foreign ownership rules and a new home purchase scheme by the nation’s biggest pension fund. Last year, there was a 0.7 per cent drop in the total number of property transactions but the number of unsold properties fell by 13 per cent for residential units. “This shows that the property market in …
Read more on Business Times

Property/casualty insurers withstand tough economy: Analysis
Although property/casualty insurers suffered sharp declines in net asset values resulting from weak investment conditions and other difficulties in the financial markets, they have been affected to a lesser degree than other sectors, says Standard & Poor’s Corp. in a special report.
Read more on Business Insurance

Property market to stay vibrant
MALAYSIA’S property market is due to stay vibrant in 2010 due to low borrowing costs, easier foreign ownership rules and a new home purchase scheme by the nation’s biggest pension fund.
Read more on Business Times

Bell Property Tax Ranks 2nd Highest In L.A. County

Posted by property | Posted in Real Estate | Posted on 30-07-2010-05-2008

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Bell Property Tax Ranks 2nd Highest In L.A. County
Tax records show working class residents of Bell, where excessive salaries has led to a purge of city leaders, pay the second-highest property tax rates in Los Angeles County — more than the affluent communities of Malibu, Beverly Hills and Pacific Palisades.
Read more on CBS 2 Los Angeles

Bell property tax bills 2nd highest in LA County
Tax records show working class residents of Bell, where excessive salaries led to a purge of city leaders, pay the second-highest property tax bills in Los Angeles County _ more than the affluent communities of Malibu, Beverly Hills and Pacific Palisades.
Read more on San Diego Union-Tribune

Bell property taxes 2nd highest in L.A. County

Posted by property | Posted in Real Estate | Posted on 30-07-2010-05-2008

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Bell property taxes 2nd highest in L.A. County
BELL, Calif. (AP) — Tax records show working class residents of Bell, where excessive salaries has led to a purge of city leaders, pay the second-highest property tax rates in Los Angeles County.  This is more than the affluent communities of Malibu, Beverly Hills, and Pacific Palisades. County tax records show only the 21 residential parcels in the city of Industry pay more in property taxes …
Read more on CBS 47 Fresno

IPIN Launches Student Property SES Application
The International Property Investment Network (IPIN) has launched a brand new Secure Exit Strategy (SES) investment this month, applied to student property in the city of Bradford, Yorkshire. The strategy allows IPIN investors to achieve a minimum 25% annualised return from student property, whilst 100% of their capital is protected.
Read more on PRWeb via Yahoo! News

Simon Property Quarterly Results Beat Street

Posted by property | Posted in Real Estate | Posted on 30-07-2010-05-2008

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Simon Property Quarterly Results Beat Street
Simon Property Group Inc., owner of a number of high-profile malls throughout New England, reported greater-than-expected quarterly funds from operations Friday, citing lower expenses and higher occupancy and sales at its malls and outlet centers.
Read more on Banker & Tradesman

Property near strip mall sells for 5,000 (map)
Real estate transactions represent transfer of real property recorded with the Gaston County Register of Deeds. The following information is provided: seller, buyer, location of property and estimated selling price. If you have any questions about…
Read more on The Gaston Gazette

Simon Property Q2 FFO Surges; Backs 2010 Profit Outlook – Update

Posted by property | Posted in Real Estate | Posted on 30-07-2010-05-2008

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Simon Property Q2 FFO Surges; Backs 2010 Profit Outlook – Update
Real estate investment trust Simon Property Group, Inc. reported Friday that funds from operations for the second quarter profit surged 56% from last year, reflecting revenue growth, higher occupancy and cost controls. The absence of a year-ago impairment charge is also reflected in the results. Funds from operations per share and quarterly revenues grew and topped analysts’ expectations …
Read more on RTT News

Property Tax Work-off program available for senior citizens
PEPPERELL — The town of Pepperell is offering, through the Senior Center, a Property Tax Work-off Program that will assist senior citizens with their tax bills and secondly, the work will increase involvement for seniors in municipal government.
Read more on Pepperell Free Press

Property Tax Work-off program available for senior citizens

Posted by property | Posted in Real Estate | Posted on 30-07-2010-05-2008

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Property Tax Work-off program available for senior citizens
PEPPERELL — The town of Pepperell is offering, through the Senior Center, a Property Tax Work-off Program that will assist senior citizens with their tax bills and secondly, the work will increase involvement for seniors in municipal government.
Read more on Pepperell Free Press

Simon Property Group Reports Second Quarter Results and Announces Quarterly Dividend
Simon Property Group, Inc. today announced results for the quarter ended June 30, 2010.
Read more on PR Newswire via Yahoo! Finance

Starwood Property Trust Announces Jerome Silvey to Assume Financial Reporting Responsibilities on an Interim Basis

Posted by property | Posted in Real Estate | Posted on 30-07-2010-05-2008

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Starwood Property Trust Announces Jerome Silvey to Assume Financial Reporting Responsibilities on an Interim Basis
Starwood Property Trust announced today that veteran finance executive Jerome Silvey will assume financial reporting responsibilities for the Company beginning on July 30, 2010 on an interim basis while the Company completes its search for a permanent Chief Financial Officer.
Read more on PR Newswire via Yahoo! Finance

Simon Property Q2 FFO Surges; Backs 2010 Profit Outlook – Update
Real estate investment trust Simon Property Group, Inc. reported Friday that funds from operations for the second quarter profit surged 56% from last year, reflecting revenue growth, higher occupancy and cost controls. The absence of a year-ago impairment charge is also reflected in the results. Funds from operations per share and quarterly revenues grew and topped analysts’ expectations …
Read more on RTT News

Simon Property swings to quarterly profit

Posted by property | Posted in Real Estate | Posted on 30-07-2010-05-2008

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Simon Property swings to quarterly profit
NEW YORK (MarketWatch) — Simon Property Group Inc. said Friday it swung to a second-quarter profit of 2.5 million, or 52 cents a share, from a loss of .8 million, or 8 cents a share, in the year-ago period. Total revenue rose to 3.6 million from 3.6 million. Analysts polled by FactSet Research were looking for earnings of 47 cents a share, on average, with sales of 1.4 million …
Read more on Market Watch

Property’s a Pleasure

Posted by property | Posted in Real Estate | Posted on 30-07-2010-05-2008

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Property’s a Pleasure
Property insurance underwriters await the big event, or events, that will turn the market. In the meantime, risk managers are getting what they need, and even what they want, at renewal in 2010.
Read more on Risk & Insurance

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