(AFX UK Focus) 2010-05-27 07:30 Belgian property firm Bernaerts preparing IPO

Posted by property | Posted in Real Estate | Posted on 27-05-2010-05-2008

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(AFX UK Focus) 2010-05-27 07:30 Belgian property firm Bernaerts preparing IPO
BRUSSELS, May 27 (Reuters) – Belgian property group Bernaerts is planning a flotation on the Brussels Euronext Exchange, its managing director said on Thursday. Guido Bernaerts told Reuters he wants to float over 30 percent of the company in the autumn. Bernaerts’ portfolio is currently worth around 250 million euros (7.2 million), L’Echo newspaper said in a report published on Thursday.
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Assembly OK’s plan protecting property value in Highlands
Legislation would make sure Highlands property owners receive fairer compensation
Read more on The Advertiser-News

Superintendent recommends 4 pecent property tax increase
Public opinion at a packed meeting at Springfield Township High School Tuesday ranged from supporting any property tax increase to maintain the quality of the schools to asking that the board recognize the economic burden on township households.
Read more on Springfield Sun

(AFX UK Focus) 2010-05-25 08:59 Kenedix to set up $110 mln Japan property fund

Posted by property | Posted in Real Estate | Posted on 25-05-2010-05-2008

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(AFX UK Focus) 2010-05-25 08:59 Kenedix to set up 0 mln Japan property fund
TOKYO, May 25 (Reuters) – Japanese real estate asset manager Kenedix Inc said on Tuesday that it plans to launch a 10 billion yen (0.8 million) private fund to invest in Japanese office and commercial buildings, in the latest sign that the country’s property market is picking up. Kenedix said the new fund, with a five-year management period, would use capital acquired from Korean pension …
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(AFX UK Focus) 2010-05-24 08:41 Gulf property outlook remains negative: Moody’s

Posted by property | Posted in Real Estate | Posted on 24-05-2010-05-2008

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(AFX UK Focus) 2010-05-24 08:41 Gulf property outlook remains negative: Moody’s
DUBAI, May 24 (Reuters) – The outlook for the real estate market in the Gulf Arab region is negative as oversupply and funding issues weigh on the sector, ratings agency Moody’s said on Monday. “The supply-demand imbalance in commercial property and to some degree in residential units, depending on the city or country, is likely to grow worse as vast supply meets slack demand and is a major …
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Aerator taken from church property
PORT HOPE – Police responded to a theft call on Brown Street on Sunday. A male was conducting a canvass of potential customers for having their lawn aerated. The male left the aerating machine on the property of the United Church.[...]
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(AFX UK Focus) 2010-05-24 08:25 China stocks close up 3.5 pct as property surges
SHANGHAI, May 24 (Reuters) – China’s key stock index ended 3.5 percent higher on Monday, posting its biggest one-day percentage rise in more than seven months, led by property shares on hopes that government tightening measures would slow. The Shanghai Composite Index ended at 2,673.4 points, its highest close in more than a week and rebounding from last Friday’s tumble to a one-year intraday …
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(AFX UK Focus) 2010-05-24 04:03 China shares rise 3 pct, property surges

Posted by property | Posted in Real Estate | Posted on 24-05-2010-05-2008

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(AFX UK Focus) 2010-05-24 04:03 China shares rise 3 pct, property surges
SHANGHAI, May 24 (Reuters) – China’s key stock index surged more than 3 percent on Monday, buoyed by a surge in property shares after a local media report quoted a government official as saying a new property tax recently under discussion would not be implemented within the next three years. The Shanghai Composite Index rose as high as 2,665.8 points, its highest in more than a week and …
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Moody’s: Negative Outlook For Arabian Gulf Property Driven By Supply-Demand Imbalance
DIFC, May 24, 2010 — The supply-demand imbalance remains a key driver of the continued negative outlook for the property industry in the Arabian Gulf, says Moody’s Investors Service in a new Industry Outlook report.
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Ariadne shifts its focus back on to property

Posted by property | Posted in Real Estate | Posted on 22-05-2010-05-2008

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Ariadne shifts its focus back on to property
Ariadne, the Brisbane-based investment group, has waded back into the property development market with a new joint-venture partner and plans for expansion into the industrial and logistics business.
Read more on Brisbane Times

(AFX UK Focus) 2010-05-21 06:15 Banks face $78 bln UK comm. property refinance test

Posted by property | Posted in Real Estate | Posted on 21-05-2010-05-2008

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(AFX UK Focus) 2010-05-21 06:15 Banks face bln UK comm. property refinance test
LONDON, May 21 (Reuters) – About one-quarter of Britain’s 228 billion pounds commercial real estate debt pile needs to be refinanced in 2010, heaping pressure on banks still waiting for the values of their most-troubled property assets to bottom out. The UK Commercial Property Lending Market survey by De Montfort University showed 55 billion pounds (.4 billion) of loans and debt-backed …
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Southeastern drops property value dispute
SOUTH CHARLESTON – Southeastern Local School District board officials have dropped a property value appeal case against two homeowners that the district had been fighting for three years and which cost at least ,660 in legal fees.
Read more on Springfield News-Sun

Tax on property investment focus of Budget

Posted by property | Posted in Real Estate | Posted on 16-05-2010-05-2008

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Tax on property investment focus of Budget
The focus for business in the govt’s budget will be on changes to rules surrounding property investment.
Read more on 3news

China’s property moves leave buyers in limbo
China’s property moves leave buyers in limboChina’s property moves leave buyers in limbo
Read more on The Economic Times

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