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China's order on SOEs to help key property developers * Non-property SOEs should withdraw from real estate sector * Move aimed at cooling, consolidating sector HONG KONG, March 19 (Reuters) - China's plans to ask some state firms whose core business is not property to exit the sector will likely benefit Developers Back Off Harlem Plans Kimco Realty is the latest real-estate developer to consider pulling out of a project in the predominantly African-American and Hispanic community in upper Manhattan. Hong Kong Lowers Threshold for Property Sales Lawmakers approved a measure that will force holdout owners to sell apartments to a developer that buys at least 80% of a building's units. The new rule is expected to put prime real estate in play for development. Florida Real Estate Remains On Sale with Sellers Slashing Prices by More Than 10 Percent Extract not available. CB Richard Ellis Named Premier Commercial Real Estate Brand for Ninth Year in a Row - CB Richard Ellis has been named the premier global brand in commercial real estate, according to a survey of worldwide real estate professionals by The Lipsey Company. CB Richard Ellis has topped Lipsey's annual ranking of commercial real estate brands Mall Stores Try to Shrink Chastened by the recession, mall-based apparel retailers like Gap and AnnTaylor are poring over their real-estate portfolios, looking for stores they can shrink, in a bid to increase profit. A day of real estate weirdness Extract not available. Dont Miss Out! Get Instant Updates on the Real Estate Social Media Event of the Year Extract not available. |
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