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Pragmatism is required by HRE
Chief executive of Hypo Real Estate says a German government plan to enforce a controversial 'squeeze-out' of minority shareholders is the troubled bank's only option
FT

Google rolls out preview of Wave
Google Wave combines elements of e-mail, instant messaging and social networking to allow groups of people to collaborate on a task in real time. More Google | Track Google stock
Mercury News

International Real Estate: House Hunting in ... Quebec
The housing market in Quebec has seen steady growth over the past decade.
New York Times

Colony Financial, Inc. Announces Closing of Initial Public Offering
LOS ANGELES--(BUSINESS WIRE)--Colony Financial, Inc. (NYSE: CLNY) (the “Company”), a newly formed real estate finance company focused on acquiring, originating and managing commercial mortgage loans, announced today the closing of its initial public offering of 12,500,000 shares of common stock, which priced at $20.00 per share on September 23, 2009. Total gross proceeds from both the public offering and the concurrent private placement were $255 million, of which $250 million was fr
Business Wire

First Industrial Realty Trust Announces Pricing of Public Offering of Common Stock
CHICAGO, Sept. 29 /PRNewswire-FirstCall/ -- First Industrial Realty Trust, Inc. (the 'Company') (NYSE: FR), a leading provider of industrial real estate supply chain solutions, today announced that it has priced a public offering of 12,500,000 shares of its common stock at a price of $5.25 per share. The Company has granted the underwriters a 30-day option to purchase up to an additional 1,875,000 shares to cover over-allotments, if any. J.P. Morgan Securities Inc. acted as sole bookrunner for the offering. Subject to customary conditions, the offering is expected to close on or about October 5, 2009.
prnewswire.com

Dubai Investments Real Estate Company announces handover of new warehouse complex in DIP
UAE. DIRC has announced the handover of all warehouse and office units at its new warehouse complex located in Dubai Investments Park.
Business Intelligence Middle East

New Russian MBA program tackles real-world hassles - Boston Globe: Latest
New Russian MBA program tackles real-world hassles
NewsRack

Hot air - The Economist
The world’s bounciest economies have the most undervalued currencies ONE of the biggest inconsistencies in the global economy today is the fact that emerging Asian economies have rebounded faster than any other region (the gap between their average growth rate and that of developed economies is likely to hit a record high this year), yet most of their currencies have fallen since 2008 in real trade-weighted terms. By many measures—from The Economist’s Big Mac index to more sophisticated gauges—Asian currencies are among the world’s most undervalued. Take China, the fastest-sprinting economy. In the three years to July 2008 the yuan climbed by 21% against the dollar. But for the past 14 months it has, in effect, ...
NewsRack

Chinese insurers clear to invest in real estate
Chinese insurance companies will be allowed to invest directly in commercial real estate for the first time under regulations that are set to trigger a huge influx of cash into the high-end property market
FT

A plan for common sense financial regulations - Biz Times
We need real reform in the financial markets. This reform should include how we regulate and how we audit and enforce these regulations. Reform will not prevent another crisis that we have just witne...
Big News Network

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