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Written by Administrator
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Tuesday, 30 January 2007 |
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The environment of hotel real estate deals will continually be tough and strong this 2007 and also into 2008, actually, a report came up which stating that Jones Lang LaSalle Hotels has foreseen this continuous growth. In 2006 marking the third consecutive year of the record sales shows that the transaction market in terms of lodging continues to explode in US. |
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Last Updated ( Tuesday, 30 January 2007 )
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Written by Administrator
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Saturday, 27 January 2007 |
Standard & Poor (S&P) launched Wednesday, the S&P Global Property 40 index to bring about real estate liquidity among property investors.
The index includes up to 40 leading, publicly traded global real estate companies from the regions of Europe, Asia Pacific and the Americas which are presently traded on the developed market exchanges. |
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Written by Administrator
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Saturday, 27 January 2007 |
Standard & Poor (S&P) launched Wednesday, the S&P Global Property 40 index to bring about real estate liquidity among property investors.
The index includes up to 40 leading, publicly traded global real estate companies from the regions of Europe, Asia Pacific and the Americas which are presently traded on the developed market exchanges. |
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Written by Administrator
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Saturday, 27 January 2007 |
Mayor Michael R. Bloomberg of New York City projected yesterday that the city would have a $3.9 billion surplus which will be carried over into its $57.1 billion budget next fiscal year.
In a news conference at the City Hall, the mayor said this surplus could allow him to cut taxes and set aside money for future expenses. Adding to the good news was yesterday’s forecast of $2 billion tax revenues for the current fiscal year which was higher than was predicted 2 months ago. |
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Written by Administrator
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Thursday, 25 January 2007 |
The real estate sector of Russia has been gaining strength for five consecutive years estimated at 70 percent last year.
Large sums of dollar investments were pouring in from banks and oligarchs. According to Trust Bank in Moscow, $113 billion or 15% to GDP came from construction alone. This is why real estate became one of the three biggest contributors to Russia’s economic growth, Real estate prices have risen 253 percent in the primary sector and 288 percent in the secondary sector between 2000 and 2005. Over the same period, inflation registered at 189 percent. |
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Written by Administrator
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Thursday, 25 January 2007 |
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In years past, married couples were the biggest group of home buyers, or about 61 percent of all homes. Nowadays, single women comprise 22 percent of home sales whereas single men accounted for 9 percent of sales. |
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