Sears Canada to sell half of real estate ownership for CAD315 million
Canadian retailer Sears Canada would be exiting from its ownership in eight real estate properties for CAD315 million after suffering from company losses.
PE Real Estate
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Canada's RBC withdrew from Alibaba IPO after employee's inadvertent comment
Royal Bank of Canada (RY.TO) said on Tuesday it pulled out of and forfeited fees in the Alibaba (BABA.N) initial public offering, after an employee commented on the deal during the quiet period before..
Growthpoint Properties Ltd.engages in share-swap deal, acquires holdings in two real estate firms
Growthpoint Properties Ltd. has agreed to acquire stake in two real estate firms in South Africa following a share-swap deal, reported Bloomberg...
Salesforce to invest in new tower in San Francisco
The CRM giant Salesforce would invest in a new building tower in San Francisco valued USD560 million, reported TechCrunch...
Latest News
Ayala Land Inc in advanced talks to acquire lot owned by IRC Properties
Ayala Land Inc has pursued its plan to acquire a portion of IRC Properties Inc's lot in Binangonan, Rizal in the Philippines.
Private equity seen flourishing in real estate markets - Ernst and Young
Private equity investors such as the Blackstone Group resorted to new means of investing in real estate as property prices dip.
Carrefour plans to buy a portfolio of Klepierre malls
French retailer Carrefour SA said it is in talks to buy a portfolio of malls owned by real estate investment company Klepierre.
Real estate markets experience revival in private equity- report
An Ernst & Young Global Limited report revealed that private equity has finally made a comeback in real estate markets after a five-year hiatus.
Toll Brothers Inc to acquire home building business of Shapell Industries Inc in a USD 1.60 billion deal
Toll Brothers Inc would be buying the home building business of privately-owned company Shapell Industries Inc for USD 1.60 billion.
Kindred purchases 9 nursing centers for USD83 million
Kindred Healthcare Inc. recently bought 9 nursing centers for USD83 million shortly after it purchased Senior Home Care Inc in November.
Citigroup preparing sale of mortgage backed securities, its first since 2008
Without government backing, Citigroup is now offering mortgage backed securities backed by prime jumbo mortgages mortgages from private sources.
Dubai Land to launch website
Dubai Land Department's managing director announced the launch of its e-Market website during the GITEX Information and Technology Exhibition.
Facebook CEO invests in real estate
Mark Zuckerberg, Facebook CEO, purchased four adjunct houses to his Palo Alto home.
