Archive for March, 2010

Regions, and CEO, Feel the Pain in Florida

The financial crisis exposed Regions and its chief executive to one of the nation's worst real-estate markets.

Year’s First CMBS Deal Arrives

RBS plans to sell a $500 million security backed by commercial mortgages, the first deal of its type to come to market this year.

Investors Win on REIT Path

Investors seeking high yields were active buyers of real-estate stocks during the first quarter, sending share prices higher despite the industry's weak economic fundamentals.

Nakheel Chairman Replaced

The Dubai government replaced Sultan Ahmed bin Sulayem as chairman of Nakheel, the property developer that the city-state is restructuring along with its one-time parent Dubai World.

Henderson to Build Up Landbank

Henderson Land said it intends to increase its development land holdings in Hong Kong in light of its positive view of the city's property market.

Deal Is Reached For Ground Zero

World Trade Center developer Larry Silverstein and government agencies that control the site have reached a deal to resolve a stalemate over rebuilding at Ground Zero.

Behind Lehman’s Faith in Real Estate

The Lehman Brothers bankruptcy report finds a focus on real-estate reward and a neglect of risk management.

Haiti’s Rubble Holds Key to Survival

After the country's devastating earthquake, a new industry has been born: the recycling of steel construction rods dug out from under the debris for sale to China.

Property Novices Drive Hong Kong Prices Up

A Chinese state tobacco company, a Japanese ramen chain and an obscure Hong Kong semiconductor maker are the latest companies to invest in real estate in Hong Kong and mainland China. For some experts, they are also evidence of froth in both property markets.

Land Securities Refocuses on Growth

After two years of trying to survive the recession, the U.K.'s largest landlord is back in the game and looking to grow by focusing on its retail division.