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Carlyle Group, the world's second-largest private-equity firm, and Crown Acquisitions paid $525 million for a controlling stake in the retail portion of 666 Fifth Ave. in New York, the largest retail deal in the city this year. The 90,000-square-foot
 
International Real Estate Federation Supports GHF Plan to Expand Micro Mortgage Initiative
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International Real Estate Federation Supports GHF Plan to Expand Micro Mortgage Initiative
NEW YORK, NY -- (MARKET WIRE) -- 07/02/08 -- The International Real Estate Federation (FIABCI) announced its support of a plan by the Global Housing Foundation (GHF) to provide access to affordable housing for residents living in some of the world's
 
UAE- Real estate prices likely to come down next year
(MENAFN - Khaleej Times) From next year the value of property market in Dubai will start falling back to its 2007 level and may arrest the rising prices of commercial and residential units, according to Moafaq Al Gaddah Group of Companies (MAG
 
Best Real Estate Promotions
BusinessWeek editors Peter Coy, Dean Foust, Chris Palmeri and Prashant Gopal chronicle the highs and lows of the housing and mortgage markets on their Hot Property blog. In print and online, the Hot Property team first wrote about the potential downside
 
Fortis Real Estate acquires sole control of Devimo Group - report
BRUSSELS (Thomson Financial) - Fortis Real Estate has acquired sole control of Belgian shopping centre group Devimo, La Libre Belgique reported, citing retail newsletter Negocio. Fortis Real Estate, which previously had a 32.5 percent stake in the group,
 
Low sales for prime commercial real estate
Office and retail space that once attracted top dollar have suffered from plummeting buyer interest, with sales down 60 percent for the first half of the year, according to figures released by commercial real estate agents CBRE. Listed property trusts
 
Hypo Real Estate, Depfa entities downgraded - S&P
MUMBAI (Thomson Financial) - Standard & Poor's Ratings Services lowered its long- and short-term counterparty credit ratings on three members of the Germany-based Hypo Real Estate group (HRE) by one notch, following a review of HRE's profitability
 

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