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Real Estate


2012-02-24 10:52:14

Solyndra LLC’s California headquarters will be marketed by brokerage Jones Lang LaSalle (JLL) after the failed solar-panel maker received sale approval by the U.S. Bankruptcy Court overseeing disposal of its assets.
 

2012-02-24 10:51:27

Bank of America Corp., the second- largest U.S. lender by assets, will stop selling new home loans to Fannie Mae after a dispute over faulty mortgages.
 

2012-02-21 09:23:34

Segro Plc (SGRO), the U.K.’s largest publicly traded industrial landlord, sold five estates in southern England to funds run by Ignis Asset Management for 80.2 million pounds ($127 million).
 

2012-02-21 09:21:50

When Bill Clinton told American executives that they’d be “nuts” not to invest in Ireland, many were already ahead of the former president. U.S. companies were behind almost 40 percent of offices bought or leased in Dublin in 2011 and the trend is likely to accelerate this year.
 

2012-02-21 09:21:05

Germany’s offshore wind parks, being built to replace most of the nuclear reactors closing in the next decade, are headed to miss construction targets because of delays in connecting turbines to the power grid.
 

2012-02-21 09:20:16

Charter Hall Office REIT (CQO), the takeover target of two overseas funds, posted a loss after the sale of seven U.S. properties and said it will pay investors 48 Australian cents a share from the divestitures.
 

2012-02-15 09:02:28

A group led by Patrizia Immobilien AG (P1Z) agreed to buy Landesbank Baden-Wuerttemberg’s real estate unit for 1.44 billion euros ($1.89 billion) in Germany’s biggest property deal since 2008. Patrizia shares climbed 1.8 percent.
 

2012-02-15 09:01:32

New York (STONY1) has applied for a $2 billion federal loan for construction of a $5.2 billion replacement for the Tappan Zee Bridge across the Hudson River, state officials said.
 

2012-02-15 09:00:00

The Canada Pension Plan Investment Board agreed to pay $1.8 billion for a stake in 10 U.S. shopping malls and two redevelopment sites owned by Westfield Group (WDC) as part of a joint venture with the Australian landlord.
 

2012-02-15 08:59:22

Westfield Group (WDC) said it had formed a $4.8 billion joint venture with the Canada Pension Plan Investment Board and plans to buy back as much as 10 percent of its stock, sending its shares up the most in 2 1/2 years.
 

2012-02-14 11:11:32

Robert M. Bass, the billionaire who started investment firm Oak Hill Capital Partners, bought a co- operative apartment on Manhattan’s Upper East Side for $42 million, according to city property records.
 

2012-02-14 11:10:51

A group including Patrizia Immobilien AG (P1Z) got approval from Landesbank Baden-Wuerttemberg, Germany’s biggest state-owned lender, to buy its real estate unit for 1.4 billion euros ($1.8 billion).
 

2012-02-14 11:09:14

CapitaLand Ltd. (CAPL), Southeast Asia’s biggest developer, said fourth-quarter profit dropped 20 percent as gains from asset sales declined from a year earlier.
 

2012-02-14 11:08:06

The company that controls the Empire State Building plans to raise as much as $1 billion in an initial public offering, giving investors the opportunity to own a piece of the landmark 102-story Manhattan (COLA) skyscraper.
 

2012-02-13 09:52:50

Australian home-loan approvals jumped in December by the most in seven months and exceeded economists’ forecasts as buyers responded to central bank interest-rate reductions.
 

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