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US home sales sag, but mega skyscraper deals soar
AFP   Thursday, 14 December 2006

The Empire State Building towers over a section of Stuyvesant Town apartments in New York. The US housing market might be faltering, but prices for glitzy Manhattan skyscrapers have soared sky-high in recent months on booming demand for landmark properties(AFP/File/Don Emmert)AFP - The US housing market might be faltering, but prices for glitzy Manhattan skyscrapers have soared sky-high in recent months on booming demand for landmark properties.


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Column: Investing, job-hopping, games
AP   Wednesday, 13 December 2006
AP - END OF YEAR GAINS: Instead of using their year-end gains to invest in real estate, most online investors want to put their money back into their portfolios, a recent survey from Scottrade shows.
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Liberty gets sports channels in News Corp deal: WSJ
Reuters   Monday, 11 December 2006
Reuters - Liberty Media will regain ownership of regional sports cable channels in Pittsburgh, Seattle and its home market of Denver, in a deal expected to be announced this week with News Corp. , the Monday's Wall Street Journal said, citing people close to the situation.
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Australia's Santos eyes sale of U.S. oil interests
Reuters   Monday, 11 December 2006
Reuters - Australian oil and gas producer Santos Ltd. said on Monday it planned to sell its exploration and production activities in the United States to focus on its home market, Asia and the Middle East.
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Regulators clamp down on commercial real estate lending
USATODAY.com   Thursday, 07 December 2006
USATODAY.com - WASHINGTON - Federal regulators on Wednesday tightened oversight of commercial real estate lending, warning that many banks are carrying a high concentration of such loans. The regulators want to prevent any repeat of the 1980s, when the real estate market plummeted, taking many banks down with it.
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REITs Spreading Around The Globe
Investor's Business Daily   Thursday, 07 December 2006
Investor's Business Daily - Investors searching for more exposure to commercial real estate are in the throes of a global property boom.
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Deutsche Telekom's new chief promises no miracles
AFP   Wednesday, 06 December 2006

Deutsche Telekom chairman Rene Obermann gestures during a press conference at the company headquarters in Bonn. In his first public appearance since taking the top job at Germany's struggling telecom giant, Oberman cautioned he could not perform miracles.(AFP/DDP/Henning Kaiser)AFP - Deutsche Telekom will continue to lose customers in its home market of Germany, the company's new chairman Rene Obermann.


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REITs in Perspective
The Motley Fool   Wednesday, 06 December 2006
The Motley Fool - If you've ever wondered why some real estate investment trusts (REITs) have terrific dividend yields while others don't, and whether there's any reason not to invest in high-yield REITS, read on.
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Small Percentages Matter
The Motley Fool   Tuesday, 05 December 2006
The Motley Fool - If you're like many Americans, you spend a lot of time thinking about your stock investments and real estate investments ... and just about any other investment that's not your savings account. After all, the stock market has historically returned some 10% per year, on average, over the past century, and real estate sometimes (thought not too often) jumps that much or more in a single year. So why bother focusing on your savings or checking account, when it just pays a relative pittance?
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Snuggling In The Voile Sheets
BusinessWeek Online   Monday, 04 December 2006
BusinessWeek Online - So long oil patch, hello Paris. That sums up the strategy of Brazos Europe Inc., a little-known private-equity group made up of former associates of billionaire Robert M. Bass, the famous Texan investor. They've made their fortunes in everything from distressed real estate in Canada to oil and gas deals in Chile. Now the Washington (D.C.)-based Brazos expects to strike gold again, this time in the European luxury market.
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Macklowe leaves Icahn alone on Reckson bid, source says
Reuters   Monday, 04 December 2006

New York real estate magnate Harry Macklowe backed away from a bid for Reckson Associates Realty Corp.  (Shaun Best/Reuters)Reuters - New York real estate magnate Harry Macklowe backed away from a bid for Reckson Associates Realty Corp. , leaving former partner Carl Icahn alone to pursue an offer for the commercial real estate firm, a source familiar with the situation said on Sunday.


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