Brookfield to take over GGP for $15.3 billion
Commercial real estate company Brookfield will buy the 66 percent of GGP that it does not already own in a cash-and-stock deal that values GGP at about $15.3 billion. Aleksandra Michalska reports. Video provided by Reuters. Loading… Post to Facebook ...
Craigslist ad: Seeking lead attorney for difficult client
Under Jobs, District of Columbia, legal/paralegal, this gem of a career opportunity jumped out. SEEKING LEAD ATTORNEY FOR DIFFICULT CLIENT (1600 Pennsylvania Ave NW). Seeking a lead attorney to represent client involved in an ongoing Federal ...
Is the USA the Richest Nation in the World?
Credit Suisse S.A. published an account of each country's wealth per capita in November 2017– figures influenced by real estate, equity market, exchange rates, resources, and tech advancements. Topping the table for wealth per adult was Iceland with ...
- London housing market shows signs of sliding into doldrums The Business Times Full coverage
Hotel Management Magazine
4 reasons why 2018 will be a 'balanced' year for hotel investment
Hotel Management Magazine
Economic stability and low interest rates have led to a high availability of capital looking for stable and risk-adjusted returns in Europe's real estate sector. The touristic upturn has reached almost every country in Europe, boosting strong hotel ...
NAR PULSE—In May, the National Association of REALTORS® Board of Directors will consider a budget proposal that includes $35 million in new programming for its 1.3 million members. The additional funding will go to the association’s new S.M.A.R.T Initiatives (Strategic Measures Advancing REALTORS® to Tomorrow).
Confidence in the economy is high, but optimism about ownership is not, according to the National Association of REALTORS® (NAR).
Wall Street Closes Sharply Lower, Tech Leads Late Selloff
New York Times
Of the 11 major sectors of the S&P 500 only defensive plays such as consumer staples, telecom, real estate and utilities ended the session in positive territory. The Dow Jones Industrial Average fell 344.89 points, or 1.43 percent, to 23,857.71, the S ...
Home prices stepped up 6.2 percent in January, according to the S&P CoreLogic/Case-Shiller Indices.
The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index’s 10-City Composite, which is an average of 10 metros (Boston, Chicago, Denver, Las Vegas, Los Angeles, Miami, New York, San Diego, San Francisco and Washington, D.C.), rose 6 percent year-over-year, unchanged from December.
Brookfield's bid for GGP seen undercutting true mall values
When department store operator Macy's (M.N) announced plans to shutter 100 stores last year, not a single closure was in a GGP property, yet GGP's stock took a hit as all mall REITs did that day, Brown said. The S&P 500 real estate sector .SPLRCR rose ...
- ServerFarm enters European market, buys data center near London DatacenterDynamics Full coverage