PIK FY total housing completions up 23.9 pct; sees good growth for

February 29, 2008 on 1:02 pm | In Real Estate | No Comments

PIK FY total housing completions up 23.9 pct; sees good growth for
CNN Money – The company said net debt was reduced to 659 mln usd from 869 mln usd. Looking ahead, the company said fundamentals of the Russian residential real estate market remain sound, and PIK expects good growth over the coming year. It added that the strength

Paulson Slams Mortgage Relief Plans
CNBC – The dollar’s slide followed Federal Reserve Chairman Ben Bernanke’s warning to the Senate Banking Committee in Washington on Thursday that some small U.S. banks may fail because troubled real estate investments may drain their capital during the

S. Koreans leery of Cabinet nominees
Boston Globe – But in recent years there has been a quicker way to get rich and get ahead in South Korea: real estate speculation. The easy wealth has raised suspicions of collusion between builders and the politicians and bureaucrats who approve new developments

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