Spanish property builder Sacyr announced the possible sale of its Vallehermoso unit. Spain-based builder Sacyr SA would be selling its property development unit in Vallehermoso.
Basic Materials
Blackstone complete purchase of Multi Corporation
Blackstone completed its acquisition of Multi Corporation. Private equity firm Blackstone recently finalized its purchase of Multi Corporation, a Netherlands-based shopping center.
Fonciere des Regions purchases EUR 351 million worth of homes in Germany
Fonciere des Regions bought a total number of 4,000 homes for EUR 351 million or USD 477 million. Paris-based Fonciere des Regions (FDR) purchased 4,000 homes in Germany for a total of EUR 351 million or USD 477 million.
Fubon Life plans to beef up overseas real estate portfolio after lifting of restrictions
Fubon Life Insurance Co would be buying real estate overseas after the Taiwanese regulator eased restrictions for insurance firms on property investments.
Empire State announces IPO pricing
Empire State Realty Trust Inc. announced today pricing its initial public offering valued at USD13 per share piece.
Latest News
CA Immobilien Anlagen announced it would sell two-thirds of Tower 185 in Frankfurt to two German pension funds.
Telecoms group SoftBank Corp founder Masayoshi Son was said to have purchased Tiffany Building for USD326 million, according to people who were familiar with the transaction.
According to a Bloomberg report, Brookfield Property intends to acquire the stake it doesn't own in Brookfield Office to consolidate both firms as one.
Freddie Mac announced its new chief financial officer, James Mackey, a top executive in Ally Financial Inc. last Monday.
According to a spokesperson for Tata Sons, the group had comprehensively addressed all questions from all probing government agencies regarding the 2007 deal between Tata and Unitech.
UK Prime Minister David Cameron flaunted his new housing plan at the start of his campaign for the 2015 elections last Sunday, said a Reuters report.
According to a data from SQM Research Pty, property prices in Sydney might increase to as much as 20% in 2014.
Critics say the UK Prime Minister's Home to Buy scheme would only push home prices higher than expected.
Real estate prices would not be picking up soon due to worry over rising borrowing cost rates, according to economist sentiments gathered by Reuters.
