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(Adds share price in fifth paragraph.) March 18 (Bloomberg) -- Kenedix Inc., Japans biggest publicly traded real estate asset manager, said it will invest 30 billion yen ($332 million) in Japanese properties this year through two new funds, to take Kenedix to Invest $332 Million in Two New Real Estate Funds March 18 (Bloomberg) -- Kenedix Inc., Japans biggest publicly traded real estate asset manager, said it will invest 30 billion yen ($332 million) in Japanese properties this year through two new funds, to take advantage of price declines. The Tokyo-based Bankers Exit CBRE for Jones Lang LaSalle Jones Lang LaSalle, a global commercial-real-estate services company, hired away a team of bankers from industry leader CB Richard Ellis Group. China Overseas Land eyes real estate investment fund HONG KONG, March 18 - China Overseas Land & Investment 0688.HK said late on Wednesday it planned to team with investors to set up a fund of $250 million to $500 million for real estate investments or project development in China. China Overseas Land, Kenedix to Invest $332 Million in Real Estate Funds (Update3) (Updates commercial land prices in third, sixth paragraphs.) March 18 (Bloomberg) -- Kenedix Inc., Japans biggest publicly traded real estate asset manager, said it will invest 30 billion yen ($332 million) in Japanese properties this year through two Bullish on realty stocks: CLSA CLSA is bullish on real estate stocks like Unitech, DLF, HDIL and Sobha Developers 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. 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. |
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