Snapshot on world property, week to 14 January 2001

Latest: Sino Land placement, Weingarten goes shopping, intelligent home technologies venture, Lafarge bids for Blue Circle. 10 January 2001 Sino Land has arranged a placement of 180 million shares at $HK4.35, an 8.4% discount on the market price yesterday, and could place a further 90 million shares to raise a total $HK1.17 billion ($NZ337 million). […]

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Snapshot on world property, week to 7 January 2001

Latest: Hotel for old HK industrial site, chasing short-term success, Office Depot closures, Singapore house prices fall, another HK industrial park, Sogo store in HK sold, Reit changes start in US — Hilton the first loser, Cousins buys at 9.75% in Dallas, US home orders up, Soros-backed Medical Properties goes shopping, NZ Corp sells Phoenix […]

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Snapshot on world property, week to 24 November 2002

19 November 2002 Alfred Taubman has resolutely rejected the hostile $US4 billion takeover bid of Simon Property Group Inc, biggest mall owner in the US, for Taubman Centers Inc. Now the Australian Financial Review is suggesting other mall owners will lob their offers in, among them Westfield and The Rouse Company, which joined with Simon […]

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Snapshot on world property, week to 17 November 2002

17 November 2002 Post Properties Inc, of Atlanta, which owns 30,800 residential units, said it intended to cut its dividend rate 42.3% from the present US78c/share to US45c/share, and it would continue selling properties “to strengthen the portfolio and to take advantage of what we believe is currently favourable pricing for apartment assets,” and to […]

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Snapshot on world property, week to 3 November 2002

3 November 2002 Torto Wheaton Research said net US industrial space absorption in the 3rd quarter was 1.33 million m², the 1st positive quarter after 6 negative quarters. AMB Property Corp, which owns/manages/is developing 9 million m² of industrial property (1000 buildings in 27 markets), said its industrial absorption indicator forecast positive absorpition of 4 […]

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Snapshot on world property, week to 29 September 2002

23 September 2002 Goldman Sachs’ GS Capital Partners 2000 LP and Whitehall Street Real Estate Fund, and hotel & resort owner Starwood Capital Group’s SOF VI US Holdings LLC will pay nearly $US1.1 billion for the troubled National Golf Properties real estate investment trust and the outstanding equity of American Golf Corp, a privately held […]

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