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Real Estate


2014-03-03 08:55:43

Fast Retailing Co.’s Tadashi Yanai, who built his father’s tailor shop into Asia’s biggest clothing retailer and in the process became Japan’s richest man, is stepping up his push into the U.S. market.
 

2014-03-01 08:41:37

Deutsche Annington Immobilien SE (ANN) agreed to buy 41,500 apartments valued at about 2.4 billion euros ($3.3 billion) with debt from owners including Blackstone Group LP (BX) and Equity Residential. (EQR)
 

2014-03-01 08:41:08

A London subway station that served as a command center during Nazi air-raids on the British capital in World War II was sold for 53 million pounds ($89 million) to be used for homes.
 

2014-03-01 08:40:44

Hedge-fund manager David Goel bought an apartment on Manhattan’s Fifth Avenue for $19 million, according to New York City public records filed today.
 

2014-03-01 08:40:19

BlackRock Inc. (BLK) converted part of its stake in an affiliate of PennyMac Financial Services Inc. (PFSI) into shares of the parent mortgage company that’s run by former Countrywide Financial Corp. executives.
 

2014-02-28 09:46:46

China Poly Group Corp., a state-owned conglomerate started by the country’s military 22 years ago, is taking its arts and entertainment arm public in Hong Kong as it seeks to compete with global auction houses.
 

2014-02-28 09:45:39

A partnership of Thomas J. Barrack’s Colony Capital LLC and Woodridge Capital Partners LLC bought the Ritz-Carlton Kapalua resort in Hawaii for an undisclosed amount.
 

2014-02-28 09:45:09

Soho China Ltd. (410), the biggest developer in Beijing’s central business district, will sell two office buildings in Shanghai as an office glut deepens in the country’s financial center.
 

2014-02-28 09:44:13

Wells Fargo & Co. (WFC), the biggest U.S. home lender, plans to eliminate 700 more jobs from its mortgage business as demand for buying and refinancing property slows.
 

2014-02-26 08:24:49

Simon Property Group Inc. (SPG) named its planned spinoff of strip shopping centers and smaller enclosed malls Washington Prime Group Inc. and hired Mark Ordan to be the new company’s chief executive officer.
 

2014-02-26 08:24:23

Westfield Group (WDC), which plans a restructure to focus on more lucrative offshore markets, reported a 2.3 percent rise in earnings in 2013, driven by growth in its property management and development businesses.
 

2014-02-26 08:23:51

Lend Lease Group, Australia’s biggest listed property developer, reported a 16 percent drop in first-half profit amid challenging construction markets in Australia and the U.K. and following last year’s one-time boost from a Sydney harbor-side redevelopment.
 

2014-02-26 08:23:19

Oxford Properties Group, part of a Canadian pension fund, agreed to purchase 450 Park Ave., a 33-story building in Manhattan’s Plaza District, an area with some of the highest office rents in New York.
 

2014-02-24 08:34:18

Koon Thaveepat is in danger of losing his pickup truck and his livelihood. He’s behind on loan payments as Thailand’s anti-government protests delay state rice-purchase payments, threatening to plunge thousands of farmers deeper into debt.
 

2014-02-24 08:33:35

Macau’s gambling riches sparked bloody gun fights between triad gangsters two decades ago. Today, there’s a new conflict brewing, only this time it’s being waged with private jets, limousines and million-dollar loans.
 

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