Showing posts with label Property. Show all posts
Showing posts with label Property. Show all posts

Tuesday, July 24, 2007

UPDATE 1-Liberty Property Trust to buy Republic Property

(Reuters) - Liberty Property, which owns, develops and manages
industrial and office properties in the United States and
Britain, said it will acquire Republic's outstanding common
shares for $14.70 a share in cash, which was 28 percent more
than Republic's closing share price on July 23.




Liberty will also assume debt of $415 million as of March
31.


Read more at Reuters.com Bonds News

Wednesday, June 27, 2007

CORRECTED-UPDATE 1-Reuters Summit-Shimao sees benefit in cooling

(Reuters) - By Joseph Chaney and Umesh Desai




HONG KONG, June 26 - Shimao Property Holdings Ltd.
, an arm of Chinese billionaire Xu Rongmao's real
estate empire, says China's measures to cool the country's
booming construction industry will benefit larger property
firms, but worries over a land appreciation tax loom.


Read more at Reuters.com Bonds News

Friday, June 15, 2007

UPDATE 1-Qatari fund raises Sainsbury stake to 25 pct

(Reuters) - Delta Ltd, a vehicle of the Qatari royal family, said in a statement
it had purchased 123 million shares in British supermarket chain Sainsbury, or a
further 7.07 percent stake, at 595 pence per share.




Property tycoon Robert Tchenguiz, with a 5.07 percent Sainsbury stake, has
said he wants the supermarket chain to release real estate assets.


Read more at Reuters.com Mergers News