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Apartment appeal is weakening for some investors
Shares of Colonial Properties Trust Inc. CLP, -3.45% have gained less than 1% this year, while sector giant Equity Residential EQR, -0.25% is up less than 3%.
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Santander Proves Greenest as No. 2 Bank of America Becomes Solar
The Charlotte, North Carolina-based lender in June provided a $1.4 billion loan to San Francisco's Prologis Inc. for solar systems on warehouse roofs.
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BC Partners Buys Back Foxtons Stake, Sunday Telegraph Reports
March 18 (Bloomberg) -- BC Partners Ltd. re-acquired a majority stake in real estate agent Foxtons Ltd. for between 55 million pounds ($87 million) and 75 million pounds, the Sunday Telegraph reported, without saying where it got the information.
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How your company can benefit from the evolution of energy
The price of solar PV panels tumbled 35 percent between 2008 and 2010, and businesses ranging from Wal-Mart to ProLogis are rolling out solar across their portfolios of buildings.
Manhattan Luring REITs With Soaring Rents: Mortgages
Companies such as SL Green Realty Corp., the biggest owner of Manhattan skyscrapers, and Prologis Inc., the world's largest warehouse landlord, are the �best buys� among REIT stocks, he said.
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Mercedes Salesman Among Potential Investors in Jacoby & Meyers Law Firm
March 8 (Bloomberg) -- Three directors of a small New York bank, including one who also sells new and used Mercedes-Benzes, want to be the first nonlawyer investors in Jacoby & Meyers, the discount law firm with storefront offices across the U.S ...
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Commercial Property Investment Funds Review
In early February, private equity giant Blackstone purchased a portfolio of U.K. industrial properties from logistics REIT Prologis Inc. in a $335 million deal. Less than one month earlier, Blackstone, along with DDR Corp., had acquired 46 shopping ...
Dubai Group May Sell Jumeirah Essex House in New York
March 12 (Bloomberg) -- Dubai Investment Group LLC, a financial services company owned by the emirate's ruler, may sell the Jumeirah Essex House hotel on New York's Central Park.
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BlackRock, JPMorgan to Pay $350000 to Settle Fake Sale Claims
March 8 (Bloomberg) -- BlackRock Inc. and JPMorgan Chase & Co. will pay a total of $390,000 to settle allegations that the companies executed fictitious trades on the Chicago Board of Trade, the U.S.
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Softbank to Buy Fukuoka Baseball Stadium for 87 Billion Yen
The fund, the biggest investor in companies including Citigroup Inc. and UBS AG, seeks to boost assets to tackle crises and meet the city-state's long-term spending needs.
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