Real estate’s bubble burst (Real estate caribbean) forces mega projects closure
ARACHI - The property prices in Dubai have slumped sharply in the backdrop of the current World economic meltdown. Dozens of new projects either have been shelved or suspended by the developers in Dubai amid intensifying crisis in real estate business.
Video Q&A: Unibail-Rodamco CEO & Chairman of the Management Board Guillaume Poitrinal Comments on 2008 Earning
PARIS (Business Wire) — Unibail-Rodamco (Paris:UL), Europe’s largest listed property company, reports 2008 full-year results. CEO & Chairman of the Management Board Guillaume Poitrinal comments on earnings and outlook.
Cheung Kong Infrastructure To Sell Pwr Plant Stakes To Affil
HONG KONG -(Dow Jones)- Cheung Kong Infrastructure Holdings Ltd. (1038. HK) plans to sell its stakes in three of its four power plants in China to its 39%- owned Hongkong Electric Holdings Ltd. (0006.
Video Q&A: Unibail-Rodamco CEO & Chairman of the Management Board Guillaume Poitrinal Comments on 2008 Earning
PARIS–(BUSINESS WIRE)–Unibail-Rodamco (Paris:UL - News), Europe’s largest listed property company, reports 2008 full-year results. CEO & Chairman of the Management Board Guillaume Poitrinal comments on earnings and outlook.
U.S. Court Rejects Two Prominent L.A. Real Estate Investors’ Attempt to Use Tax Avoidance Scheme
WASHINGTON, Feb. 5 /PRNewswire-USNewswire/ — A federal court in Los Angeles invalidated an abusive tax shelter scheme engaged in by prominent real estate investors James Thomas and Edward Fox, the Justice Department announced today.
Slowdown signs - USD 263 billion realty projects delayed or canceled
Morgan Stanley said that around USD 263 billion worth of real estate projects have been delayed or cancelled as the UAE’s property sector is dealt a worse than expected blow by the global financial crisis.
Real estate seen as a drag on earnings
Abstracted from The Australian Financial Review Macquarie Group has advised that the 2008-09 operating earnings of its real estate business will be significantly lower than previously.
UPDATE 1-Unibail-Rodamco 2008 EPS up 8 pct, sees 2009 growth
* 2008 EPS up 8.4 pct at 8.52 euros vs forecast 8.47 euros * Expects minimum 7 pct EPS and dividend growth in 2009 * Total portfolio drops 1.7 bln euros ($2.2 bln) in value (Adds detail) AMSTERDAM, Feb 6 (Reuters) - Franco-Dutch property group
Real Estate Agent Kenn Renner and Sport Court Of Austin Set To Host Reception
th at 6:30 Central Time (7:30 Pacific/Eastern) HGTV’s # 1 rated show ‘House Hunters’ will air featuring Lake Travis estate homes. One of the homes on the show will feature a sport court built by Sport Court of Austin.
Combating the slowdown - A realty rummage
The fact that the Indian economy has slowed down during 2008-09, particularly from the third quarter, is by now not in doubt. What is in question is the magnitude of deceleration and the timing of revival.