Real estate industry
The Hong Kong Housing Authority has expressed its support for revised guidelines on sales brochures and promotional materials for uncompleted first-hand residential properties issued by the Real Estate Developers Association of Hong Kong (REDA). According to the guidelines, developers are now required to include only prescribed information about their developments
Real estate industry
Marc Holliday, CEO of SL Green Realty Corp., will participate in a panel discussion on office property investment and development at the Bank of America 2009 Global Real Estate Conference on October 1, 2009. Key Takeaways: * SL Green Realty Corp. is a self-administered and self-managed real estate investment trust (REIT)
Real estate industry
Philippine property market is gaining momentum with the announcement of a four-tower high-rise condominium project, Sunshine 100 City Plaza-Pioneer, to be developed by a group of Filipino-Chinese investors in partnership with Beijing-based Sunshine 100 Group. The project, which will be the first of its kind for Sunshine 100 outside of
Real estate industry
Copper futures suffered a significant decline on Thursday as a combination of factors, including a build in inventory and weaker-than-expected housing data, triggered sell orders and technical selling. The December copper contract lost 9.85 cents, or more than 3.5%, to settle at $2.7095 per pound on the
Real estate industry
The National Association of Home Builders (NAHB) hosted a Residential Real Estate Appraisal Summit with regulatory agencies and industry stakeholders to discuss solutions to appraisal problems. The summit highlighted the use of foreclosed properties as comparables, unintended consequences of the Home Valuation Code of Conduct (HVCC), and the need for
Real estate industry
SL Green Realty Corp., a self-administered and self-managed real estate investment trust, has declared a dividend of $0.10 per share of common stock for the quarter ending September 30, 2009. The dividend payment will be made on October 15, 2009, to shareholders of record at the close of business
Real estate industry
The real estate sector in India is experiencing a resurgence, with textile companies capitalizing on their vast land banks to venture into property development. Companies like Bombay Dyeing, Century Textiles, and Golden Tobacco are exploring the option of developing their land assets, bringing a significant amount of fresh supply to
Real estate industry
Mario Bernadel, a 51-year-old mortgage broker from Phoenix, was convicted of leading a cash back mortgage fraud scheme that resulted in approximately $20,000,000 in loans obtained by fraud and over $2,000,000 in losses to lending institutions. The scheme, which involved at least 32 residential properties in
Real estate industry
Dallas-based Lucernex Technologies has announced the availability of version 7.0 of its market-leading Integrated Workplace Management System (IWMS), designed to provide low-cost, quick implementation solutions for small- to medium-sized companies. The new Standard edition of Lucernex IWMS 7.0 is an enhanced version of the company's flagship
Real estate industry
A Monroeville real estate developer, Manor Investments, owned by Ernest Liggett and his wife Marilyn, has filed a lawsuit in Fayette County against tenants and a property manager of a downtown Brownsville building for allegedly deducting costs for a sewer line and tap from their rental payments without permission. The
Real estate industry
The partnership between CoreFact Marketing Systems and Coldwell Banker Residential Brokerage will bring innovative marketing solutions to Coldwell Banker agents, enabling them to establish meaningful connections with consumers. CoreFact's integrated marketing system combines direct mail and real estate agent websites to generate leads, build relationships, and promote properties.
Real estate industry
A recent marketing mission by Malaysia's MATRADE to Vietnam has unveiled RM102 million (US$28.8 million) in potential construction business opportunities, particularly in the construction of resorts, residential, and commercial buildings, among others. The mission, led by MATRADE Chief Executive Officer Noharuddin Nordin, aimed to showcase Malaysian
