Real estate industry
The United Arab Emirates (UAE) is grappling with inflation, attributed by Minister of Economy and Planning Sheikha Lubna Al Qassimi to increased fuel and rental prices. The global economic trend is exacerbating the problem, affecting local market prices. Additionally, the minister expressed concerns about the rising number of public joint
Real estate industry
The Australian construction sector experienced mixed results at the end of 2005, with engineering construction continuing to boom while residential building activity slowed. According to the Australian Bureau of Statistics (ABS), building work done during the December quarter fell 3.8 percent to an adjusted $A13.271 billion ($US9.79
Real estate industry
Robert C. Larson, Chairman of the Board, has welcomed Thomas C. Wajnert to the Company's Board of Directors, citing his "widely respected and deeply experienced business leadership" which will bring great insight and expertise to the Board's deliberations. Mr. Wajnert, Managing Director of Fairview
Real estate industry
United Dominion Realty Trust, Inc. has announced a 4.2% increase in its annual common stock dividend for 2006, marking its 30th consecutive year of dividend increases. The company's strong operating results and strengthening prospects for the future have led to this increase, which is the largest in
Real estate industry
Employees of Majestic Realty Co. united to raise awareness about heart disease in women and encourage their female colleagues to take charge of their heart health as part of the American Heart Association's national "Go Red for Women" campaign. On February 3, employees across the country
Real estate industry
Akme Projects, a leading real estate developer in India, has partnered with Cathedral Financial Consultants, an Ireland-based financial consultant, to form a 50:50 joint venture company. The new partnership aims to capitalize on the emerging opportunities in the Indian real estate sector, particularly in residential projects, multiplexes, hospitality, and
Real estate industry
Arden Realty, Inc., a Los Angeles-based office real estate investment trust, has released information on the tax treatment of its 2005 dividends. Shareholders are advised to consult with their personal tax advisors for specific guidance. As a self-administered, self-managed REIT, Arden Realty owns, manages, and leases commercial office properties in
Real estate industry
Berkshire Income Realty, Inc. has announced its regular quarterly cash dividend of $.5625 per share of its 9% Series A Cumulative Redeemable Preferred Stock. This dividend will be payable on February 15, 2006, to shareholders of record on February 10, 2006. The company has also finalized the tax treatment for
Real estate industry
The Elgin City Council tabled a proposed Sam's Club/Super Wal-Mart project along Randall Road and a senior living complex along McLean Boulevard, citing concerns over the required fiscal analysis study and potential revenue benefits. Mayor Ed Schock and Councilman John Walters voted against the request for the
Real estate industry
In a stunning turn of events, the Eagan City Council has voted unanimously to reject developer Terry Wensmann's request to amend the city's comprehensive plan and allow for homes to be built on the Carriage Hills Golf Club. This decision comes on the heels of a
Real estate industry
Inland Real Estate Corporation, a self-administered and self-managed publicly traded real estate investment trust, has announced the payment of a cash dividend of $0.08 per share to common stockholders of record. The aggregate cash dividend paid to a particular common stockholder of record will be rounded to the nearest
Real estate industry
Duke Realty Corporation, a leading real estate company in the United States, has announced the income tax characteristics of its 2005 common and preferred share dividends. This information is crucial for foreign shareholders to satisfy U.S. federal income tax withholding obligations under Section 1.1445-8 of the federal income
