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Hypo Real Estate Group 3Q loss 3.1 billion euros (Lexington Herald-Leader)Troubled German lender Hypo Real Estate reported Monday a net loss of 3.1 billion euros ($4 billion) in the third quarter as the financial crises worsened, with a unit in Ireland hit especially hard by write-downs on the values of its assets. The Munich-based bank, which got a 50 billion euro ($63 billion) bailout from the government last month, said it wrote down 2.5 billion euros ($3.1 ...
Dubai Group to Invest in U.S. Real Estate, Asset Management (Bloomberg)Nov. 17 (Bloomberg) -- Dubai Group, an investment company managing more than $40 billion on behalf of Dubai's ruler, plans to buy stakes in U.S. real estate and asset management companies in a bid to profit from low prices.
German Stocks Gain, Led by Continental, BMW, Hypo Real Estate (Bloomberg)Nov. 17 (Bloomberg) -- German stocks advanced, rebounding from earlier losses, as Continental AG, Bayerische Motoren Werke AG and Hypo Real Estate Holding AG gained.
Hypo Real Estate Group 3Q loss 3.1 billion euros (Washington Post)BERLIN -- Troubled German lender Hypo Real Estate reported Monday a net loss of 3.1 billion euros ($4 billion) in the third quarter as the financial crises worsened, with a unit in Ireland hit especially hard by write-downs on the values of its assets.
Real estate franchise will open in Summerfield, hire a dozen (BizJournals)A local development team behind some of northwest Guilford County?s largest home projects is opening a new real estate franchise office, with plans to hire at least a dozen agents.
Thriving In Real Estate (Forbes)Don Peebles, real estate maven and adviser to President-elect Barack Obama, on how he's finding opportunities in this vexing economy.
Dubai real estate agent survey reveals true market opinions (AME Info)A survey of more than 170 Dubai real estate agents reveals that most agents believe the Dubai real estate market will pick up within 3-6 months.
Hypo Real Estate Swings To 3.1 Billion Euro Quarterly Loss (Fox News)Hypo Real Estate Swings To 3.1 Billion Euro Quarterly Loss
Commercial real estate rattled by economic storm (BizJournals)The regional commercial real estate market is starting to show signs of stress from the financial crisis pummeling other parts of the economy.
The Star of a Real Estate Reality Show Takes a Housing Hit (BusinessWeek Online via Yahoo! News) To the 1 million viewers of Bravo's reality show Flipping Out, Jeff Lewis is the acerbic, demanding, and sometimes petulant face of real estate speculation. In the program's first two seasons (already in reruns), Lewis turned a hefty profit buying and updating homes to sell in Los Angeles' toniest neighborhoods. At the start of the year he sold a 1,900-square-foot house to Lost star Dominic ...
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