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News

CAPITALAND PLANS TO LIST RM2 BLN REITS ON BURSA M'SIA (Bernama via Yahoo! Malaysia News)
KUALA LUMPUR, Aug 20 (Bernama) -- The Singapore-based property group CapitaLand Limited, plans to list its RM2 billion real estate investment trust (REIT) on Bursa Malaysia before the end of the year. This would make it the first foreign-sponsored REIT on Bursa Malaysia. Its chief investment officer, Kee Teck Koon said the company had already submitted the proposal to ...

Los Angeles-based REIT buys seven buildings in county (San Diego Daily Transcript via Yahoo! News)
Pacific Office Properties Trust Inc. (AMEX: PCE), the newly formed Los Angeles-based real estate investment trust, acquired 11 office buildings during the second quarter, including seven in San Diego County.

Commercial lots proposed (Big Bear Grizzly)
Burbank Manor LLC applied to the Big Bear Lake Planning Commission for approval of a tract map for eight commercial lots on Sandalwood Drive. The commission considers the application at its Wednesday, Aug. 20, meeting.

Too much confusion and no relief: property chief quotes Bob Dylan to sum up market malaise (Guardian Unlimited)
All Along the Watchtower tells the story of today's commercial property market, according to the chief executive of developer Brixton. By Phillip Inman

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.

BURSA MALAYSIA SCOREBOARD: AUG 18 (Bernama via Yahoo! Malaysia News)
BURSA MALAYSIA SCOREBOARD: AUG 18 . UP DOWN UNCHANGED TRADED CONSUMER 16 25 20 61 INDUSTRIALS 17 72 28 117 CONSTRUCTION 3 20 12 35 TRADING/SERVICES 19 63 37 119 TECHNOLOGY 1 5 5 11 FINANCE 4 20 12 36 HOTELS 1 1 2 4 PROPERTIES 11 43 10 64 PLANTATIONS 5 22 6 33 MINING 0 0 0 0 REITS 1 4 5 10 LOAN STOCK 6 37 7 50 P4CONDITION 0 0 0 0 SECOND BOARD 22 50 43 115 CLOSED/FUND 0 1 0 1 ETF 0 0 0 0 ...