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business / Real Estate

Lend Lease to build new flower market
VICTORIA has named Lend Lease as its preferred builder for a new wholesale fruit, vegetable and flower market.
The Australian Monday, October 05, 2009

Sumitomo buys 50pc of builder
JAPANESE industrial conglomerate Sumitomo has taken a 50 per cent stake in Australia's fourth-largest home builder as it seeks new overseas markets to counter Japan's ageing and declining population.
The Australian Monday, October 05, 2009

$56m payday as McCabe quits Valad
BRITISH property tycoon Kevin McCabe has quit the board of Valad Property Group after receiving the final $56.5 million payment for the European property assets he sold to the company.
The Australian Monday, October 05, 2009

World's Most Well-Liked Countries
The U.S. claims the top spot in a global survey of culture, tourism, governance and residents.
Forbes Monday, October 05, 2009

Las Vegas Casinos End Expansion Plans
Casino executives don't expect to break ground on another major building project in Las Vegas for at least 10 years.
Real Estate Journal Monday, October 05, 2009

Blackrock, Others Buy Into PPIP
The Treasury Department plans to announce that three more investment funds will invest almost $2 billion into a federal government program to purchase soured real-estate related assets.
Real Estate Journal Monday, October 05, 2009


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