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Banks Affected By Increased Loan Defaults (WFC, BAC) Default rates on commercial real estate loans continue to move higher and may be the next phase of the credit crisis. Investopedia.comAbu Dhabi gains on real estates The Abu Dhabi Securities Exchange (ADX) gained 0.77%, closing at 2,956.03 points, mostly lifted by the real estate sector (gaining 2.57%). Financial bellwether National Bank of Abu Dhabi (NBAD) advanced to Dhs13.90 (up 1.09%). The UAE's second largest lender plans to issue more bonds after it raised $850m through bonds last week, EFG Hermes cites Trade Arabia. Oman Emirates Investment Holding posted the largest loss (down 9.79% to Dhs1.75). AMEIsrael Stocks: Israel stocks up; Africa-Israel meeting set Israeli stocks rose on Monday, with some rises among the blue chips and tech stocks offset by a drop in a couple of prominent insurance issues and real estate stocks. Market WatchEPRA announces the appointment of Unibail-Rodamco`s Guillaume Poitrinal as Association Chairman EPRA is pleased to announce the appointment as chairman of one of the leading figures in real estate Guillaume Poitrinal, Chairman of the management board and CEO of Unibail-Rodamco. Out-going chairman, Serge Fautré, said: Its been a fantastic four years at the helm. We have seen many highs, and more recently a few lows; however Im proud to say I leave the Association in great shape for the future. Guillaume Poitrinal, Chairman of the management board and CEO of Unibail-Rodamco and newly Europe REJLL: Retail real estate investment up 85% in continental Europe in Q2 2009 (EUR) Direct retail real estate investment in Continental Europe was up by 85% in the second quarter 2009, compared to the first quarter of the year, according to new research from Jones Lang LaSalle. This has been largely driven by an increase in lot size rather than number of deals, 33 deals in Q1 compared to 38 deals in Q2. The transaction volume was circa 2 bln. in Q2 2009, compared to 1 bln. in Q1, giving a total of 3 bln. in the first half of the year. This is comparable to the volume tran Europe REEPRA: NAV data shows £4.3 billion UK property recapitalization stabilizing market (UK) The estimated £4.3 billion (5 billion) in new equity that has been pumped into the UK listed property sector via rights issues and share placings in the past 10 months appears to be having a strong stabilizing influence on the market, new Net Asset Value (NAV) research data from the European Public Real Estate Association (EPRA) indicates. The average discount of share prices for companies in the FTSE EPRA/NAREIT UK Index to their NAVs, or value of underlying assets, was a record 46% at the ma Europe REIsrael stocks up; Africa-Israel meeting set TEL AVIV (MarketWatch) -- Israeli stocks rose on Monday, with some rises among the blue chips and tech stocks offset by a drop in a couple of prominent insurance issues and real estate stocks. La... Big News NetworkREITs can attract fresh capital to GCC UAE. AT Kearney sees definite opportunities for GCC based and managed Real Estate Investment Trusts and similar types of investment funds to attract billions in foreign direct investment into the region's real estate markets. Business Intelligence Middle EastSaudi Arabia`s real estate sector to grow by up to 7% through 2012 SAUDI ARABIA. Saudi Build 2009 introduces the latest in construction technology and materials to local and foreign firms seeking a stronger presence in Saudi market. Business Intelligence Middle EastWith real estate values uncertain, relationships have more importance TAMPA - As real estate values drop and demand wanes, a potential borrower interested in a commercial real estate loan would be well served to get to know the banker. Biz Journal1 2 |
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Feedzilla is a news aggregator which categorizes news stories by topic. It is a platform where webmasters and bloggers can find an unmatched selection of easy to use, automatically updating and professional news widgets for their sites. Feedzilla supports the building of widgets in various formats, as well as allowing the addition of news widgets to different blogging platforms and social networks.
Feedzilla manually aggregates news summaries found in RSS feeds, and redistributes them in either RSS format or as a news widget. Content is collected 24 hours a day, 7 days a week from an ever-growing list of providers.
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9th of September 2009 - Interview of Feedzilla's founder at the IFA in Berlin. [More]