AMB Property Corporation® Leases 103,000 SF to Sankyu in Japan Development Project

Posted by property | Posted in Real Estate | Posted on 27-07-2010-05-2008

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AMB Property Corporation® Leases 103,000 SF to Sankyu in Japan Development Project
AMB Property Corporation® , a leading owner, operator and developer of global industrial real estate, today announced that it has leased approximately 103,000 square feet in its AMB Nanko Naka Distribution Center development project in Osaka to Sankyu Inc., a leading Japanese logistics services company.
Read more on PR Newswire via Yahoo! Finance

Commercial property market ’stabilising’
A report on the property market says returns from commercial property are showing signs of stabilising, having dropped by almost 60% from peak levels during the boom.
Read more on RTÉ News

S&P: Japan Property Set to Recover

Posted by property | Posted in Real Estate | Posted on 03-06-2010-05-2008

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S&P: Japan Property Set to Recover
Property prices in Japan may be near the bottom because transactions are picking up as loan default rates begin to decline, said Yuji Hashimoto, a director at Standard & Poor’s.
Read more on BusinessWeek

China Mulling Property Tax, but No Timetable: Report
China’s powerful planning agency islooking at a possible nationwide property tax.
Read more on FOX Business

IRS adopts state domestic-partner property law
In a significant move for same-sex couples, the Internal Revenue Service has decided to recognize California’s community property law and treat the income earned by California registered domestic partners as community property income for federal income tax… Internal Revenue Service – Domestic partnership – Income tax – Same-sex relationship – United States
Read more on San Francisco Chronicle

(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 …
Read more on Interactive Investor

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