Real Estate

First reported 12 hours ago - Updated 11 mins ago - 2 reports

Whole Foods Signs Up as Anchor at Belmont Chase

ASHBURN, VA—Less than a month after it announced that the DC area's first Cooper’s Hawk Winery and Restaurant was joining its roster of tenants , Regency Centers reveals that Whole Foods will anchor Belmont Chase .The 80,000-square foot center is expected ... [Published GlobeSt.com - 11 mins ago]
First reported 2 hours ago - Updated 13 mins ago - 2 reports

Number of properties qualifying for Help to Buy falling

The number of eligible properties under the government’s Help to Buy scheme in England and Wales has fallen, while average prices have risen since the launch of the second phase of the scheme, a new analysis shows.The study by property website Zoopla ... [Published Property Wire - 2 hours ago]
First reported 2 hours ago - Updated 35 mins ago - 2 reports

Average house prices rising by £23,500 a year

Average house prices rising by £23,500 a yearJuly 11, 2014 at 8:00 AM Leave a commentHouse prices rose at their fastest rate for four years during June but the market is showing signs of slowing, research revealed today.The average cost of a home in England ... [Published Zoopla! - 11 mins ago]
First reported 22 hours ago - Updated 1 hour ago - 2 reports

NLA challenges homeless charities to do more

The National Landlords Association (NLA) has challenged homeless charities and agencies to think more like landlords in order to help the homeless in to private housing.The comments were made by Chief Executive Richard Lambert, at the Homelessness Link ... [Published Housing Specification - 1 hour ago]
First reported 22 hours ago - Updated 3 hours ago - 2 reports

AIPUT and APP launch world-class Heathrow logistics park (UK)

Altitude Heathrow has been launched through an existing 50/50 joint venture partnership between Airport Industrial Property Unit Trust (AIPUT), managed by Aberdeen Asset Management, and the Airport Property Partnership (APP), a joint venture between SEGRO ... [Published Europe Real Estate - 3 hours ago]
First reported Jul 10 2014 - Updated 6 hours ago - 34 reports

Realty stocks continue to move up in weak market

MUMBAI: The S&P BSE Sensex gained momentum for second consecutive session even as the market was witnessing post-budget profit booking.The Finance Minister Arun Jaitley in his budget speech brought relief to the sector by announcing a series of positive ... [Published Economic Times - 6 hours ago]
First reported 18 hours ago - Updated 8 hours ago - 3 reports

KDC To Develop Toyota's Texas HQ

DALLAS– Toyota announced Thursday that it has selected locally-based KDC Real Estate Development & Investments to develop its new headquarters campus in Plano, TX. The 100-acre campus will be constructed in the Legacy West development.“KDC has a proven ... [Published GlobeSt.com - 8 hours ago]
First reported 17 hours ago - Updated 11 hours ago - 4 reports

Sound Transit panel decides not to decide on light-rail yard site

Property on 120th Avenue Northeast in Bellevue is one of the sites under consideration for a Sound Transit light-rail maintenance yard.Marc Stiles Staff Writer- Puget Sound Business JournalThe Sound Transit Capital Committee on Thursday punted on recommending ... [Published Seattle TechFlash - 14 hours ago]
Entities: Puget Sound, Property
First reported Jul 09 2014 - Updated 15 hours ago - 4 reports

Vornado to Acquire St. Regis Fifth Avenue Retail for $700 Mil.

Expanding on its Manhattan street-level retail strategy, Vornado Realty Trust, in partnership with Crown Acquisitions, agreed to acquire the retail condominium of the St. Regis Hotel and the adjacent retail townhouse.The combined properties contain 24,700 ... [Published CoStar Group - 18 hours ago]
First reported Jul 09 2014 - Updated 18 hours ago - 3 reports

Big Deals Fuel NYC's Office Vacancy Decline in Second Quarter

NEW YORK CITY—Mega deals by BNY Mellon and Time Inc . during the second quarter helped push Manhattan’s overall vacancy rate down to 10.6% or 0.5 percentage points lower than the vacancy rate in the first quarter of this year, according to brokerage firm ... [Published GlobeSt.com - 18 hours ago]
First reported Jul 10 2014 - Updated 20 hours ago - 5 reports

Cornerstone strengthen European Real Estate platform with the acquisition of Pamera asset management (DE)

Cornerstone Real Estate Advisers LLC, one of the largest global real estate investment managers with more than €32 billion of assets under management and a subsidiary of the Massachusetts Mutual Life Insurance Company, announces a significant step forward ... [Published Europe Real Estate - Jul 10 2014]
First reported Jul 09 2014 - Updated Jul 10 2014 - 5 reports

Real estate shares gain on budget plan for REITs

Reuters  –Reuters Market Eye - Shares of real estate developers gain on finance minister Arun Jaitley's plan to provide incentives for the establishment of real estate investment trusts.DLF Ltd gains 9 percent, Prestige Estates Projects rises 6.3 percent, ... [Published Yahoo! Maktoob News - Jul 10 2014]

Quotes

"This is a strategic acquisition for Meritage, expanding our southeastern operations in a meaningful way by entering into two more growing housing markets in Atlanta and Greenville-Spartanburg, while also solidifying our position in the Charlotte market,”…"
...has been so helpful to my professional career is that it lays out my rights and responsibilities very clearly," Joanna Josephson of Arizona says. "Whenever there's been a disagreement with a fellow Realtor, the Code of Ethics is an excellent guide. It keeps everything civil and ensures that the Realtors and our clients enjoy optimal results." Joanna Josephson of Arizona suggests that all real estate professionals that are considering it join their local Realtor Association...
...Row, Moorestown Mall will offer customers an unparalleled combination of luxury, variety and convenience," said Joseph F Coradino, CEO of PREIT. "I am thrilled that PREIT has been able to bring South Jersey residents celebrity chef-owned restaurants, an award-winning spa and salon, upscale specialty boutiques and a highly acclaimed fitness studio. These new tenants underscore our successful transformation of the Moorestown Mall into an all-inclusive, desirable location. We continue to execute on our commitment to redefine the traditional shopping experience to the benefit of our loyal customers."
Experts see no slowing down in the property market, especially in London so an array of financial products are emerging that link to property prices "¦what's concerning is that not all of these products are regulated and authorised by the FCA."

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