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Industry Summits

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U.S. property barons yield to specialists Friday, 27 Jun 2008 03:35pm EDT

NEW YORK (Reuters) - Real estate magnate Sam Zell likes to say that 30 or 40 years ago, a group of about 75 men who controlled most U.S. commercial real estate did it all. Since then, commercial real estate has gone from the backroom boys to the specialists as every aspect of the sector's sales, finance and management has become more expensive and complex.  Full Article  |  Video 

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Sovereign property investors rich but realistic Friday, 27 Jun 2008 06:52am EDT 

LONDON (Reuters) - Sovereign wealth funds have ramped up their surveillance of European property but will not be hurried into spending and their long-term impact on the sector is unpredictable, however many billions they have earmarked to invest.  Full Article 

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ING Real Estate ups UK but sees U.S. sell-off Thursday, 26 Jun 2008 07:35am EDT 

LONDON (Reuters) - ING Real Estate, the world's biggest real estate fund firm, has begun buying back into UK property because it looks cheap but has cut U.S. exposure as it sees prices falling further, a senior executive told Reuters.  Full Article 

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Buy, sell or bubble: Real estate execs weigh in Thursday, 26 Jun 2008 02:26pm EDT

NEW YORK (Reuters) - Real estate executives and investors from around the world met with Reuters reporters and editors this week at the Reuters Global Real Estate Summit, held in New York, London, Moscow, Dubai and Singapore.  Full Article

 
Fund giants track property swaps, REITs wary Thursday, 26 Jun 2008 11:57am EDT

LONDON (Reuters) - Some of the world's biggest property fund firms could eventually be tempted to trade property derivatives in a material way as long as the young market continues growing.  Full Article

 
Asia, Mideast to unleash "go west" property drive Thursday, 26 Jun 2008 12:21am EDT

SINGAPORE/SEOUL (Reuters) - A wave of capital from the Middle East and Asia could be on its way into ailing U.S. and European property markets, as a weak dollar and falling asset prices lure sovereign wealth funds and institutional investors.  Full Article   |  Video

 
Global real estate to stay a wild ride: Pralle Thursday, 26 Jun 2008 07:38am EDT

NEW YORK (Reuters) - For commercial real estate investors, Brazil is a dream and Spain is a nightmare, Michael Pralle, president of real estate private equity firm J.E. Robert Cos, said on Wednesday.  Full Article   |  Video

 
Residential land cheap enough to buy Thursday, 26 Jun 2008 07:42am EDT

NEW YORK (Reuters) - The United States housing slump, entering its second year, has rendered residential land prices irresistibly cheap, the president of J.E. Robert Companies, a real estate private equity firm, said on Wednesday.  Full Article   |  Video

 
Building costs a headache for developers Wednesday, 25 Jun 2008 09:26am EDT

LONDON/SINGAPORE (Reuters) - Soaring construction costs are squeezing the profits of property developers around the world but that could be good news for real estate investors if it helps to rein-in the supply of new buildings as occupier demand wilts.  Full Article

 
Russia's AFI on prowl for credit crisis victims Wednesday, 25 Jun 2008 10:45am EDT

MOSCOW (Reuters) - The head of one of Russia's richest real estate empires, AFI Development , can't wait for the autumn: Then, he says, the global credit crisis will fell his competitors and he will snap them up.  Full Article

 

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