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Mercator Minerals Ships First Copper Concentrates at Its Mineral Park Mine (CNW Group via Yahoo! Finance)
Mercator Minerals Ltd. is pleased to announce that it has commenced shipping copper concentrates from its newly expanded Mineral Park Mine in Arizona, less than two years from completion of its December 29, 2006 Technical Report.
As Vacant Office Space Grows, So Does Lenders Crisis (The Hendersonville Times-News)
Rising vacancy rates across the country could make it hard for building owners to pay their mortgages.
No federal bailouts for commercial real estate developers (Seattle Times)
The federal government should refuse the latest group with a request for a federal bailout — commercial real-estate developers. The federal infusion of money to shore up financial institutions was reasonable because the potential domino effect of failure threatened international banking system. The U.S. Treasury cannot heal every economic ill, and it needs to draw the line well short of ...
REIT taps new head of development and construction (BizJournals)
Corporate Office Properties Trust (COPT) has appointed Wayne Lingafelter to serve as president of COPT Development and Construction Services (CDCS) and Corporate Development Services (CDS). He replaces Dwight S. Taylor, who is retiring. (OFC)
BURSA MALAYSIA SCOREBOARD: JAN 05 (Bernama via Yahoo! Malaysia News)
BURSA MALAYSIA SCOREBOARD: JAN 05 . UP DOWN UNCHANGED TRADED CONSUMER 42 10 13 65 INDUSTRIALS 93 14 23 130 CONSTRUCTION 24 6 6 36 TRADING/SERVICES 91 22 21 134 TECHNOLOGY 11 3 2 16 FINANCE 32 4 6 42 HOTELS 4 0 0 4 PROPERTIES 56 14 5 75 PLANTATIONS 35 2 3 40 MINING 1 0 0 1 REITS 7 2 1 10 LOAN STOCK 5 1 2 8 P4CONDITION 0 0 0 0 SECOND BOARD 72 24 26 122 CLOSED/FUND 1 0 0 1 ETF 1 1 0 2 ...
Office Demand Is Down, and So Are the Deals (New York Times)
By most accounts, the commercial property market reached its pinnacle in early 2007 with the Blackstone Group ’s acquisition of Equity Office Properties Trust and its prized cache of more than 500 office buildings.
Office Demand Is Down, and So Are the Deals (New York Times)
By most accounts, the commercial property market reached its pinnacle in early 2007 with the Blackstone Group ’s acquisition of Equity Office Properties Trust and its prized cache of more than 500 office buildings.
REAL ESTATE (Business Standard India)
The recession has thrown open the gates for a new real estate service – serviced office space providers. These firms offer ready-to-use office space, which can be used from day one. Companies seeking office space need not bind themselves to long term leases or invest in office infrastructure.
ProLogis to Sell China Operations, Interest in Japan Funds to GIC for $1.3B (Commercial Property News)
Looking for ways to quickly cut debt and strengthen its balance sheet, industrial REIT giant ProLogis said it was selling its China operations and a 20 percent interest in its Japan property funds to GIC Real Estate for $1.3 billion.