Insiders Real Estate

UPDATE 3-Hypo Real Estate seeks German bank rescue fund help – Reuters

UPDATE 3-Hypo Real Estate seeks German bank rescue fund help – Reuters
FRANKFURT, Oct 29 (Reuters) – Hypo Real Estate (HRXG.DE: Quote , Profile , Research , Stock Buzz ) became Germany’s first listed bank to tap the government’s 500 billion euro ($637 billion) rescue fund on Wednesday, asking for short-term cash and

Hypo Real Estate applies for government aid – Earthtimes

Hypo Real Estate applies for government aid – Earthtimes
Munich – Hypo Real Estate (HRE), the German finance company which nearly collapsed last month, applied Wednesday for additional equity funds from the German government’s new bail-out plan. Germany’s first big casualty of the current crisis, HRE won

Hypo Real Estate Taps Germany’s Rescue Fund – Wall Street Journal
FRANKFURT — German property financier Hypo Real Estate Holding AG said early Wednesday it has applied for a guarantee by the German government’s 500 billion ($635 billion) rescue fund to back up short-term liquidity needs, as a 50 billion

Nagarjuna Cons puts real estate projects on hold – Reuters India
MUMBAI, Oct 29 (Reuters) – India’s Nagarjuna Construction Co Ltd (NGCN.BO: Quote , Profile , Research ) has clamped down on future real estate projects due to current slowdown in the sector and has tempered its capital expenditure plan for 2008/09, a

Real-Estate Slump Thrusts Lenders Into Unfamiliar Roles – Wall Street Journal

Real-Estate Slump Thrusts Lenders Into Unfamiliar Roles – Wall Street Journal
Mezzanine lender Dominion Capital Management LLC didn’t anticipate developing shopping centers when it lent $170 million to developer Premier Properties USA Inc. But that is what Dominion is doing after Premier fell into bankruptcy court last spring

Crisis presents opportunities for real estate investors – Turkish Daily News
The crisis that started in the United States and has spread globally has started to affect Turkey as well. In these difficult times, shopkeepers and tradesmen are looking to stay afloat, which may mean letting go of some of their real estate holdings

General Growth reveals improper loans and replaces two top executives – Los Angeles Times
Reporting from Chicago — Real estate investment trust General Growth Properties Inc. said Monday that it replaced its chief executive and president with two directors, effective immediately, after learning about loans that were made that did not