Real Estate
News Archive
29-Sep-2008
 
  Commerzbank Says Funding Secure After Hypo Real Estate Rescue (Bloomberg)Sept. 29 (Bloomberg) -- Commerzbank AG , the owner of Germany's biggest commercial-property lender, said its funding is secure after rival Hypo Real Estate Holding AG received an emergency credit line to shield itself from financial-market turmoil.

Secured to Raise $1 Billion for Real Estate in Japan (Update2) (Bloomberg)Sept. 29 (Bloomberg) -- Secured Capital Japan Co. , backed by clients including the California Public Employees' Retirement System, is raising $1 billion to buy properties from distressed sellers as Japan's real-estate market weakens.

Hypo Real Estate to Get EU35 Billion Bailout From State, Banks (Bloomberg)Sept. 29 (Bloomberg) -- Hypo Real Estate Holding AG , Germany's second-biggest commercial-property lender, will receive a 35 billion-euro ($50 billion) guarantee from the government and private banks to save it from potential collapse.

German Stocks Slump; Hypo Real Estate, Commerzbank Lead Decline (Bloomberg)Sept. 29 (Bloomberg) -- German stocks sank the most in six months after the government and banks bailed out Hypo Real Estate Holding AG with a 35 billion-euro ($50 billion) guarantee.

Hypo Real Estate Secures Credit, Plans Dividend Cut (Update2) (Bloomberg)Sept. 29 (Bloomberg) -- Hypo Real Estate Holding AG , Germany's second-biggest commercial-property lender, plans to scrap its 2008 dividend after securing a ``multi-billion-euro'' credit line to shield itself from turmoil on financial markets.

Hypo Real Estate Posts Record Drop After Credit Line (Update1) (Bloomberg)Sept. 29 (Bloomberg) -- Hypo Real Estate Holding AG , Germany's second-biggest commercial-property lender, fell the most in five years after saying it secured a ``multi-billion-euro'' credit line to shield itself from financial-markets turmoil.



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