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business / Real Estate

Mortgage demand fades on rates outlook
WHILE housing finance fell for a second month, a construction index has moved into the black for the first time in 19 months.
The Australian viernes, 10 de julio de 2009

Fed Frets Over Commercial Real Estate
U.S. banks are slow to take losses on battered commercial real-estate loans, said a Fed report, and with low loan-loss reserves risk a replay of the bust in the housing market now hitting the sector.
Real Estate Journal viernes, 10 de julio de 2009

Starwood Sees Payoff in Patience
Starwood Capital Group has a relatively straightforward game plan for the distressed condo assets of Corus Bank: wait until the market recovers.
Real Estate Journal viernes, 10 de julio de 2009

Bid for Multiplex holds hope
GROCON and Oaktree have offered $109 million in cash and hybrid securities for the Multiplex Prime Property Fund.
The Australian viernes, 10 de julio de 2009

Strong interest in GPT
GPT Group has received 30 expressions of interest in the sale of its loss-making British funds management business Halverton.
The Australian viernes, 10 de julio de 2009

Becton to continue fire sale
BECTON Property Group will continue to sell assets unless it can find new investors.
The Australian viernes, 10 de julio de 2009

Signs of building industry growth
AUSTRALIA'S construction industry has grown for the first time in 18 months following a spurt of residential construction bolstered by low interest rates and the first home owner grant, according to the Australian Industry Group and housing Industry Association Performance of Construction Index.
The Australian viernes, 10 de julio de 2009


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