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Savile Row cuts a dash in real estate The home to London's tailoring profession, Savile Row is cutting a dash as a centre of a fledgling property industry amid the recession FTAtlanta broker, GMAC Real Estate splitInMan CA Real Estate Recovery: Home Sales Increase for 15th Straight Month, Median Prices for 7th MonthMr. Swing RioCan Real Estate Investment Trust Announces Results for Third Quarter Ended September 30, 2009 TORONTO, ONTARIO--(Marketwire - Oct. 26, 2009) - RioCan Real Estate Investment Trust ('RioCan')(TSX:REI.UN) today announced its financial results for the three and nine months ended September 30, 2009. HIGHLIGHTS FOR Q3 2009: RioCan has announced the execution of definitive agreements with Cedar Shopping Centers, Inc. ('Cedar'), a self managed U.S. based REIT, to purchase an 80% interest in seven grocery anchored shopping centres for a total consideration of $141 million aggregating approximately 1.1 million square feet (at 100%); RioCan will acquire 6.7 million shares of common stock at $6.00 per share representing a 12% equity investment in Cedar. Entered into purchase agreements for eight properties in Canada aggregating approximately 1.4 million square feet at a purchase price of over $400 million; Acquired Market WireHousing market in slow recovery NAIOP Commercial Real Estate Development Association . He was joined by John Covert, director of Colorado-New Mexico Metrostudy. Both predicted a long slow recovery for the residential construction, ... Big News NetworkCedar Shopping Centers Announces Strategic Alliance With RioCan Real Estate Investment Trust PORT WASHINGTON, N.Y. Oct. 26 /PRNewswire-FirstCall/ -- Cedar Shopping Centers, Inc. ('Cedar' or the 'Company') (NYSE: CDR) today announced it has entered into definitive agreements with RioCan Real Estate Investment Trust (TSX: REI.UN) of Toronto, Canada ('RioCan') which provide for the following: prnewswire.comADX rises again The Abu Dhabi Securities Index on Monday gained 0.65% to close on 3,167. The index was led by the real estate sector, which rose 1.86%. Overall, 25 stocks gained, eight declined, and nine remained unchanged. AMEUltra-prestige property developer Zaya at Real Estate Investment World Summit in Riyadh UAE. Naseba is set to host the second annual Real Estate Investment World Summit, taking place on 9-10 November 2009 in Riyadh Saudi Arabia. Business Intelligence Middle EastCapmark files for bankruptcy protection Capmark Financial Group, one of the largest U.S. commercial real estate lenders, has filed for bankruptcy protection amid mounting bad debt. MsnConsider the FOREX Market We've all been living in a period of economic uncertainty for far too long. People everywhere are searching for profitable investment alternatives to the stock market and many are currently taking advantage of the recent condition of the national Real Estate market, while others have turned toward commodities. E-Zine1 2 3 |
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