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BURSA MALAYSIA: Share Prices Close Higher On Technical Rebound (Bernama)
KUALA LUMPUR, Aug 20 (Bernama) -- Share prices on Bursa Malaysia ended higher on technical rebound Wednesday after being oversold over the last few days, a dealer said.
Al-Aqar REIT to cross RM1bil by year-end (The Star)
KUALA LUMPUR: The Al-Aqar KPJ Real Estate Investment Trust (REIT) is set to cross its RM1bil target for total asset size by year-end. Its 11 assets are at present worth RM651.5mil and it yesterday added nine more purchased from KPJ Healthcare Bhd. The deal will be completed by the end of the year.
QUICK POLL (GlobeSt.com)
NAGOLD, GERMANY-United Kingdom-based Wagon plc, a manufacturer of vehicle body structures, is working a sale-leaseback of two manufacturing sites--Waldaschaff and Nagold--with WP Carey & Co. LLC for $58 million through their publicly-held, non-traded REITs--CPA(R):15 and CPA(R):17. WL Ross & Co. LLC will also provide funding of approximately $70 million to the manufacturer in the form of special ...
Wisconsin real estate owner files for Chapter 11 (The Flint Journal)
MARINETTE, Wis. (AP) — A company that owns significant rental property downtown has filed for Chapter 11 bankruptcy protection. Warren Marcus LLC owns Dunlap Square, which consists of five residential and commercial leased properties. It has 65 residential and 15 commercial tenants.
Fronteras Experiences Growth as Dallas' Only Commercial Real Estate Firm Specializing in Latino Retail Market (PRWeb via Yahoo! News)
Fronteras Commercial Real Estate Firm Adds Rolando Leal as Vice President, Michael Trenary Joins as Associate.
CAP REIT Announces August, 2008 Distribution (Marketwire via Yahoo! Finance)
Canadian Apartment Properties Real Estate Investment Trust("CAP REIT") announced today its August 2008 monthly distribution in the amount of $0.09 per Unit. The August distribution will be payable on September 15, 2008 to Unitholders of record on August 31, 2008.
Road into industrial park opens with ceremony (The Buffalo News)
Local officials Monday cut the ribbon on a new road leading into the Eden Industrial Park at 8800 S. Main St.
Property market is so apocalyptic the bosses have started quoting Bob Dylan (Daily Mail)
The despairing boss of one of Britain's leading developers has quoted the lyrics of Bob Dylan to encapsulate the 'apocalyptic' state of the commercial property market.
Eighty-acre development proposed for Mebane's Oakwood Street Extension (Burlington Times-News)
A Durham company is hoping to turn 80.5 acres in Mebane into a business center with office space, mini-storage units and land available for industrial use.