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    News and Articles on Real Estate



    Helping artists master the art of selling  Nov 14, 2008
    Mastering the art of selling. Designer Amy Cunningham with some of her furniture designs. (Sydney Morning Herald -- Business)

    Samvat 2064 sees Sensex plunge 55.4%  Oct 28, 2008
    Samvat 2064 sees Sensex plunge 55. "; }else{ user_status=". (Business Standard)

    Hanford's Mervyns to close  Oct 18, 2008
    Unable to submit Real Estate, Services, and Business Investements at this time ... Mervyns now operates mainly in California and has seen its sales drop further as the state is among the hardest hit by the real estate slump. (Hanford Sentinal, CA)

    Mervyns decides to go out of business  Oct 18, 2008
    The new owners changed the structure of the company, dividing it into separate real estate and retail businesses. In essence, the Mervyns real estate arm charged retailer Mervyns huge rents for its department store space ... Last month, Mervyns sued the private equity firms involved in the leveraged buyout of the chain, alleging the deal stripped the retailer of its real estate assets, forcing it into bankruptcy. (San Diego Union-Tribune -- Business)

    Mervyn's to shut down  Oct 18, 2008
    Mervyns now operates mainly in California and has seen its sales drop further as the state is among the hardest hit by the real estate slump ... Last month, Mervyns sued the private equity firms involved in the leveraged buyout of the chain from Target, alleging the deal stripped the retailer of its real estate assets, forcing it into bankruptcy ... Mervyns said in the suit that the investment group, which included Cerberus Capital Management and Sun Capital Management, bought Mervyns in 2004,... (San Diego Union-Tribune)

    Indiabulls Property Trust Shares Drop on First Day of Trading in Singapore  Jun 11, 2008
    18 p.m. on the Singapore stock exchange, after investment trusts including Ascendas Real Estate Investment Trust and Suntec Real Estate Investment Trust fell ... The FTSE ST Real Estate Investment Trust Index has lost 12. (Bloomberg -- Asia)

    Hilco Consumer Capital, L.P., Gordon Brothers Brands, LLC and Bluestar Alliance Announce Court Approval to Purchase The Sharper Image Brand  Jun 2, 2008
    com) is a global advisory, restructuring and investment firm specializing in retail and consumer products, industrial and real estate sectors. Gordon Brothers Group maximizes value for both healthy and distressed companies by purchasing or selling all categories of assets, appraising assets, providing debt financing, making private equity investments, and operating businesses for extended periods. (Canada Newswire)

    Hilco Consumer Capital, L.P. and GB Brands, LLC win stalking horse bid for The Sharper Image  May 15, 2008
    Founded in 1903, Gordon Brothers Group ) is a global advisory, restructuring and investment firm specializing in retail and consumer products, industrial and real estate sectors. Gordon Brothers Group maximizes value for both healthy and distressed companies by purchasing or selling all categories of assets, appraising assets, providing debt financing, making private equity investments, and operating businesses for extended periods. (PR Newswire)

    Indian shares fall, pulled down by Bharti Airtel  May 8, 2008
    Real estate firm DLF Ltd. declined 2. 5 percent at 651 rupees, followed by engineering giant Larsen & Toubro Ltd., down 2. (International Herald Tribune -- Sports)

    Bengalis replanted in American soil  Apr 1, 2008
    Unaccustomed Earth by Jhumpa Lahiri. Jhumpa Lahiri offers a new collection of short stories. (Christian Science Monitor)

    Power sector euphoria still on  Feb 17, 2008
    Indiabulls Real Estate Ltds investment of $150 million (Rs592. 5 crore) in the power sector has appreciated by 567% in a period of less than six months. (Livemint)

    Housing-market bust has retailers in retreat  Feb 17, 2008
    Grubb & Ellis, a real estate investment firm, said in a recent report that the weak housing market has already forced retail giants such as Wal-Mart to slow expansion ... Property & Portfolio Research, a real estate investment firm, said the retail market is being battered by ill-fated timing ... Marcus & Millichap, a real estate investment firm, recently ranked San Diego as the second-strongest retail market in the country, citing the region's limited supply and continued wage and job gains. (San Diego Union-Tribune -- Business)

    Dow Average's Jinx, AIG Danger Sign, Reliance's Losses  Feb 12, 2008
    Updated: New York, Feb 12 03:47 London, Feb 12 08:47 Tokyo, Feb 12 17:47. Commentary by David Wilson. (Bloomberg -- Columnists)

    Indiabulls Real Estate Trust May Raise $1.2 Billion, People Familiar Say  Feb 6, 2008
    Indiabulls Real Estate Trust May Raise $1 ... Feb. 6 (Bloomberg) -- Indiabulls Real Estate Ltd. may raise about $1 ... Singapore exchange granted Indiabulls Real Estate eligibility to list on Feb. 5, the statement added. (Bloomberg -- Asia)

    Hilco Consumer Capital and Gordon Brothers Group Team to Acquire the Intellectual Property of The Bombay Company, Inc.  Dec 22, 2007
    About Gordon Brothers Founded in 1903, Gordon Brothers Group () is an advisory, restructuring and investment firm specializing in the retail, consumer products, real estate and industrial sectors. In addition to undertaking private equity investments, Gordon Brothers provides asset valuations and appraisals, dispositions, real estate consulting, lending and advisory services. (PR Newswire)

    DLF Raises $426 Million Selling Stakes in Projects to Merrill Lynch Fund  Nov 19, 2007
    Investors from home and abroad are seeking to gain a share of India's real estate industry, which is poised to grow seven times to $90 billion by 2015, Moody's Investors Service said in June. DLF continues to remain focused on keeping its net economic interest in the homes business to a 10-year development horizon,'' T.C. Goyal, the company's managing director, said in the release. (Bloomberg -- Asia)

    Indian shares continue record rise, led by Reliance Energy  Oct 1, 2007
    65 billion) listing of real estate company DLF Ltd. in June. Today in Business. (International Herald Tribune -- Sports)

    DLF's KP Singh becomes India's third rupee trillionaire  Jul 24, 2007
    23 (PTI): India's richest real estate entrepreneur Kushal Pal Singh today became the country's third trillionaire in rupee terms with a sharp rise of four per cent in his group's flagship company DLF Ltd, pushing its market value to about Rs 1,14,744 crores. Singh has joined Mukesh Ambani and his younger brother Anil in the elite club of India's rupee trillionaires, whose wealth measured in terms of their promoter holdings in various group companies also rose to about Rs 1,61,000 crores and Rs... (Hindu)

    Indias DLF shares jump 11% in debut  Jul 6, 2007
    MUMBAI: Shares in Indian real estate company DLF Ltd rose 11% in their market debut, propelling the company to the list of the country's 10 most valuable firms, despite fears of an overheating property market ... In the medium to longer term, all real estate firms will do well ... The price also values the company at more than double real estate rival Unitech's market capitalisation of US$11. (The Star Online, Malaysia -- Business)

    Indian shares end flat; auto gains offset by fall in technology firms  Jul 5, 2007
    On its first trading day, DLF, India's largest real estate developer ended at 570 rupees, a 8. 6 percent premium to its public offer price of 525 rupees. (International Herald Tribune -- Business)

    Sensex comes close to kissing 15000  Jul 4, 2007
    Sensex comes close to kissing 15,000- Hindustan Times. MC Vaijayanthi

    DLF to rank among top 10 m-cap scrips  May 28, 2007
    Post-listing, real estate major DLF will find a place among the top-10 companies in terms of market capitalisation ... The companys enterprise value of Rs 85,221 crore constitutes 50 per cent of the total market capitalisation of real estate stocks listed on the Bombay Stock Exchange (BSE) ... It is almost 100 per cent of the total market value of real estate stocks. (Business Standard)



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