Latest news about Property investment
Improving Taiwan’s property taxes
In recent years, we have seen foreign investors and conglomerates buying land and buildings and quickly reselling at a profit. Media have reported regularly on investors and landlords acquiring wealth through realty investment.
7 Feb 2010, 8:23 am | click here to view more
Simon Property climbs after profit beats estimates
Simon Property Group Inc., the largest U.S. shopping-mall owner and owner of Ocean County Mall in Toms River, climbed the most in more than three months after its fourth-quarter profit and 2010 forecast exceeded analysts' estimates.
7 Feb 2010, 7:39 am | click here to view more
Middle market property firm bullish on 2010
The Philippine property sector will continue to rebound and achieve growth in 2010 even with the entry of a new administration in June, according to the projections of a middle market property company.
7 Feb 2010, 6:11 am | click here to view more
She'll be REIT: new life for investment trusts
LEND LEASE and GPT's wholesale office fund are set to complete deals worth a combined $450 million in the short term in a bid to breathe life into the flagging real estate investment trust sector.
7 Feb 2010, 5:31 am | click here to view more
Malibu-Based 'Cap X' Investment Program Operator Arrested for Alleged $12 Million Ponzi Scam
The promoter of a bogus investment offering involving distressed business assets was taken into custody this morning on federal mail and wire fraud charges that charge him with running a Ponzi scheme in which he raised at least $12 million from victims across the United States.
7 Feb 2010, 4:51 pm | click here to view more
Private investors, Lee County all eyeing possible purchase of beachfront property
Fifth Third Bank now owns Fort Myers Beach property worth an estimated $6 million. Unfortunately, the bank is owed more than $36 million. Unfortunate for the bank, but perhaps not for beachgoers. Lee County commissioners have discussed buying the beachfront portion of the foreclosed property, a choice piece virtually at the foot of the Matanzas Pass Bridge, to turn it into a park.
7 Feb 2010, 4:24 pm | click here to view more
Private investors, Lee County all eyeing possible purchase of beachfront property
LEE COUNTY —Fifth Third Bank now owns Fort Myers Beach property worth an estimated $6 million.Unfortunately, the bank is owed more than $36 million.Unfortunate for the bank, but perhaps not for beachgoers. Lee County commissioners have discussed buying the beachfront portion of the foreclosed property, a choice piece virtually at the foot of the Matanzas Pass Bridge, to turn it into a park.But ...
7 Feb 2010, 4:10 pm | click here to view more
City makes big investment
The Grand Island City Council OK'd more than a quarter million dollars of tax dollar investment Tuesday night in order to receive more than $1.5 million of new development.
7 Feb 2010, 3:12 am | click here to view more
Shelbourne owners may never see return on €230 million investment
The owners of the Shelbourne Hotel in Dublin may never look any return on their €230 million investment in the St Stephen’s Green property. The consortium of investors, including property developer Bernard McNamara, bought the hotel in 2004 for €120 million and injected a further €110 million into a redevelopment and refit of the property.
7 Feb 2010, 10:10 am | click here to view more
The right way to trade property with a Starker exchange
Say you possess property in Rehoboth Beach, Del., which calls itself "our nation's summer capital." It has appreciated greatly over the years, but now you want to sell it. You have heard that you can defer any capital-gains taxes by doing a Starker exchange below Section 1031 of the Internal Revenue Code.
5 Feb 2010, 9:00 pm | click here to view more