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Investment Property News

Agincourt Plans to Invest $533 Million in Australia Property Dim Sum Funds Tuesday, July 19, 2011 @ 9:20PMAgincourt Capital, which last week introduced the first yuan-denominated bond fund to buy Australian real estate, said it plans to invest in A$500 million ($533 million) of properties by January.
Grange school project an object of perseverance Tuesday, July 19, 2011 @ 9:16PMAfter six years of public meetings, negotiations and sometimes heated arguments with residents, city politicians earlier this month realized long-time Ancaster councillor Murray Ferguson’s vision of transforming a former public school property into a residential neighbourhood.
Hyatt in Braintree takes first construction steps Tuesday, July 19, 2011 @ 9:05PM(From Left) Charles Peck, Brookline Bank; Gary C. Johnson, Principal at Cambridge Seven Associates; Sean Powers, Braintree Councilor at Large;...
Future holds new course for education facilities in Ancaster,Hamilton Tuesday, July 19, 2011 @ 9:00PMThe future redevelopment of two former education buildings in downtown Ancaster and Hamilton could spell tremendous gains for Ancaster Village Core and doctors in training if the Hamilton Wentworth District School Board is successful in relocating its new education centre at Crestwood School on the East Mountain.
Former cop seeks out grow-ops with heat vision Tuesday, July 19, 2011 @ 8:57PMA former B.C. Mountie is offering a new service that could help landlords tell if their tenants are operating marijuana grow-ops.
Mark McGuinness joins Westpac Stadium board Tuesday, July 19, 2011 @ 8:57PMWellington City Council and Greater Wellington Regional Council have made a new joint appointment, and a number of reappointments, to the board of Wellington Regional Stadium Trust. This Trust is responsible for the operation of Westpac Stadium, the ...
DeLand well contamination investigated Tuesday, July 19, 2011 @ 8:55PMThe Florida Department of Environmental Protection have investigators in DeLand's Country Club Estates looking for the extent and the possible source of a chemical showing up in high levels in private wells.
Investors turning to big-city business properties Tuesday, July 19, 2011 @ 8:38PMRestrictions on home purchases are spreading to more second- and third-tier cities, increasing the chance capital will flow back to first-tier cities' commercial properties, analysts said on Tuesday.
Gov. Nixon unveils $122 million program on housing for Joplin Tuesday, July 19, 2011 @ 8:32PMGov. Jay Nixon unveiled a $122 million initiative on Tuesday to promote the immediate construction and rehabilitation of single-family, owner-occupied houses, and the long-term development of single- and multi-family dwellings in Joplin.
Chartwell Seniors Housing buys ING's 50 per cent stake in U.S. property portfolio Monday, July 18, 2011 @ 8:22PMMISSISSAUGA, Ont. - Chartwell Seniors Housing REIT (TSX:CSH.UN) is preparing to acquire the remaining 50 per cent of a portfolio of properties in nine U.S. states from ING Real Estate Community Living Group.
Commissioner promises quick action on sewer fee Monday, July 18, 2011 @ 8:04PM Brian Diehl, the chairman of the county’s Economic Development Steering Committee, wants the commissioners to give their immediate attention to the issue of unreasonable sewer tap-in and reuse fees that discourage entrepreneurs from investing in the county.
School Board to make decision on solar panel project Monday, July 18, 2011 @ 7:54PMThe Alachua County School Board is poised to make a decision Tuesday night on the district’s solar panel projects.
Elias: Greed is driving Amazon.com's anti-tax initiative Monday, July 18, 2011 @ 7:48PMIt's about time someone put the correct labels on efforts by Amazon.com to avoid paying any semblance of sales tax in California or anywhere else. Those labels: Greed and fear.
SMA take-up slow Monday, July 18, 2011 @ 7:47PMSeparately managed accounts (SMAs) play a greater role with planners who recommend them, but the adoption rate appears very slow, according to the new report by Investment Trends.
Partners REIT to buy Montreal-area shopping centre for $35.8 million Monday, July 18, 2011 @ 7:37PMVICTORIA - Partners Real Estate Investment Trust (TSXV:PAR.UN) say it will pay about $35.8 million to acquire Place Desormeaux, a Montreal-area enclosed shopping centre in Longueuil, Que.
BTIM appoints two senior account managers Monday, July 18, 2011 @ 7:31PMBT Investment Management (BTIM) has appointed two senior account managers, Nicole Aubrey and Bain Swanson, to its wholesale sales team.
The Sweet Poison Of Berlusconi - Italy's Downward Spiral Accelerates Monday, July 18, 2011 @ 7:25PMInternational financial markets have lost their faith in Italy and Italians have lost their faith in their leader. Prime Minister Silvio Berlusconi has led his country into the economic doldrums and the moral abyss.
ELS Reports Second Quarter Results Monday, July 18, 2011 @ 7:23PMCHICAGO--(BUSINESS WIRE)--Equity LifeStyle Properties, Inc. (NYSE: ELS) (the “Company”) today announced results for the quarter and six months ended June 30, 2011. a) Financial Results For the second quarter 2011, Funds From Operations (“FFO”) were $27.3 million, or $0.73 per share on a fully-diluted basis, compared to $27.1 million, or $0.76 per share on a fully-diluted basis, for the same ...
Chartwell to Acquire Remaining 50% Interest in 15-Property Portfolio in the U.S. Monday, July 18, 2011 @ 7:18PMMISSISSAUGA, ONTARIO--(Marketwire - July 18, 2011) - Chartwell Seniors Housing Real Estate Investment Trust (TSX:CSH.UN) ("Chartwell") announced today that it has entered into an agreement to acquire 50% of a portfolio of primarily independent supportive living seniors communities in the United States from ING Real Estate Community Living Group ("ING"). The portfolio consists of 15 communities ...
Macau Prop Opp Fund - Investor Update Second Quarter 2011 Monday, July 18, 2011 @ 1:16AMMacau Prop Opp Fund - Investor Update Second Quarter 2011
Living in fear: 7,500 earthquakes hit shattered NZ city Monday, July 18, 2011 @ 1:15AMCHRISTCHURCH, New Zealand (AP) — It’s been 10 months since the first big earthquake struck New Zealand’s second-largest city. It’s been nearly five months since a far more devastating one killed 181 people and crippled the downtown. But it’s been just a few hours since yet another aftershock startled Christchurch residents during the night. “I
Gulf pours money into UAE realty Monday, July 18, 2011 @ 1:15AMDubai: The UAE remains an attractive destination for GCC nationals to invest in real estate because of its developed regulatory systems and value for money properties, industry analysts said yesterday.
JSC VTB Bank - VTB Group IFRS results for 1Q 2011 Monday, July 18, 2011 @ 1:06AMJSC VTB Bank - VTB Group IFRS results for 1Q 2011
Ferrex PLC - First Day of Dealings on AIM Monday, July 18, 2011 @ 1:05AMFerrex PLC - First Day of Dealings on AIM
China Real Estate, Loans, Greece Debt Monday, July 18, 2011 @ 12:54AMJuly 18 (Bloomberg) -- Andrew Freris, a senior investment strategist for Asia at BNP Paribas Wealth Management, talks about property prices in China and the nation's fiscal outlook. Freris also discusses Greece's debt problems.
Growing India, shrinking Bharat Monday, July 18, 2011 @ 12:51AMMore Indians are moving into towns now. According to the 2011 Census, the urban population grew by 90.99 million between 2001 and 2011. The absolute increase in the rural population over this period was 90.47 million.
AMP Office takes $15m hit on Chews Lane Sunday, July 17, 2011 @ 9:13PMThe listed AMP NZ Office Trust has sold the last of its Chews Lane development taking a $15 million hit. read more
ANZO sells Chews Lane sites for $50m Sunday, July 17, 2011 @ 8:54PMListed office-space investor, AMP NZ Office (ANZO) says it has sold its remaining retail and office investments in Wellington’s Chews Lane for $50 million.
NZX 50 lower as inflation speeds Sunday, July 17, 2011 @ 8:05PMHeartland New Zealand, the finance company based on the Marac business, led decliners on the NZX 50 Index after official figures showed inflation is accelerating, which may hasten increases in the central bank's key interest rate.
Labour's sudden poll drop Sunday, July 17, 2011 @ 7:16PMThe Colmar Brunton poll on One News last night came just 20 weeks before the general election. The results are shown below, and compared to the last One News poll in May 2011.
High speed train will move economy Sunday, July 17, 2011 @ 6:50PMFrom ESA ADAM of Subang Jaya.
Week ahead: economic events, corporate results July 18-22 Sunday, July 17, 2011 @ 11:47AMWednesday will see the minutes of the Monetary Policy Committee's latest meeting parsed for clues as to whether pumping more money into the economy through further quantitative easing (QE) is, as some ...
Foreign investors snapping up choice Silicon Valley property Sunday, July 17, 2011 @ 11:36AMMany foreign investors benefitting from red-hot economies around the world are looking to buy Silicon Valley real estate.
Harnessing renewable energy Sunday, July 17, 2011 @ 10:50AMIn recent months, the volatility in the Middle East has led to equal volatility in crude oil prices in the world market.
Altadena's Cobb Estate purchase continues to resonate Sunday, July 17, 2011 @ 10:39AMALTADENA - Any Hollywood screenwriter who came up with the plot of the Cobb Estate purchase on Oct. 1, 1971, would probably be laughed out of town.
Sol Sanders | Follow the Money No. 75 -- Breaching China’s great wall of arrogance Sunday, July 17, 2011 @ 10:38AMLatest from Sol Sanders. A version of this column is scheduled for publication in The Washington Times, Monday, July18, 2011 -- Chris Follow the Money No. 75 -- Breaching China’s great wall of arrogance Sol Sanders Outgoing Joint Chiefs Chairman Admiral Mike Mullen’s bumbling replies to questions by “automated” university students during a mid-July Beijing visit were symptomatic ...
Cellphone tax is a hard cell, recycling program approved Sunday, July 17, 2011 @ 10:30AMThe North Platte Telegraph Amending the city's tax code to include a user fee on cell phones is proving to be a hard sell to the city council.
Emerging markets diverge as rate-hike cycle tails off Sunday, July 17, 2011 @ 10:08AMLONDON—Growing uncertainty over the course of interest-rates is sharpening the divergence within emerging markets, displacing early year fears the sector was set for a long inflation battle.
Analysis: Valley transit cuts avoidable Sunday, July 17, 2011 @ 9:53AMWhen the Valley's economy was unraveling in 2008, transit service was an early casualty. Three years of cuts ensued. Dozens of bus lines were eliminated, rerouted or truncated. Wait times grew, and fares shot up on buses and light rail.
A look at news coming up for the week of Monday, July 18, 2011 Sunday, July 17, 2011 @ 9:06AM(NEWS CENTER) - A look at news coming up for the week of Monday, July 18, 2011 Garrett Cheney Trial Thomaston Land Deal Rollins Mountain Wind Farm Capisic Pond Park Maine Shriners Lobster Bowl Open Farm Day
Home auction draws hungry buyers to Oakland Saturday, July 16, 2011 @ 7:35PMThere was a free, open to the public auction on Saturday in Oakland with homes from all over Northern California up for grabs.
Aging boomers drive growth at Franciscan, MultiCare in Tacoma Saturday, July 16, 2011 @ 6:59PMIn a Tacoma commercial real estate market distinguished more by corporate defections than corporate recruitments, two homegrown businesses are providing new light where otherwise there is darkness.
Saving Downtowns, a National Challenge... Saturday, July 16, 2011 @ 6:42PMAcross the country, downtowns have been the victims of change. Businesses moved to other locations, many along new highways, others closed and some managed to hang on for periods, but eventually were gone. Ghost downtowns were the result.
Asset sales 'stupid' - Labour Saturday, July 16, 2011 @ 6:29PMAsset sales have been labelled as 'stupid' by the opposition who launched their capital gains tax package this week as an alternative to selling off state assets.
Mobile food vendors to be allowed Saturday, July 16, 2011 @ 6:28PMAfter much previous discussion and debate, Delaware City Council has decided to allow mobile food vendors to operate in the city's downtown business district.
Additional news "Science, Innovation" Saturday, July 16, 2011 @ 6:12PMSince 2012 funding for road complex Rostov region will be increased. This will be possible due to road fund to be established in the regional budget. The main source of transportation fund will be tax and excise taxes on fuels and lubricants.
Time for Eustis to take responsibility for couple's flooded home Saturday, July 16, 2011 @ 5:55PMJohn and Jane Milsap lived in their dream house for nearly a decade before a subdivision went up next door and the couple experienced their first Noah moment.
More than 75 variances granted from water restrictions Saturday, July 16, 2011 @ 5:44PMIf Jerry Vavrek could go back in time, he would never consider installing a new lawn this year.
#Stocks to watch:* IOI Corp, UOA REIT, MAHB, SP Setia Saturday, July 16, 2011 @ 9:53AMKUALA LUMPUR: Stocks on Bursa Malaysia may see more downside pressure in the week ahead, starting July 18 due to...
St. Charles Village discusses potential on empty properties Saturday, July 16, 2011 @ 9:43AMBY HILLARY GRIGONIS STAFF REPORTER ST. CHARLES — The St. Charles Village Council discussed the potential of several undeveloped properties Wednesday but decided to take no action, opting instead to keep or add the land to the tax roll. read more