Rio de Janeiro's Niemeyer Designed Hotel Nacional Gets No Bids at Auction Nov 6, 2009
This could send the wrong message to the real estate market, said Ricardo Mader, head of Jones Lang LaSalle Hotels in Brazil. The image of an empty landmark at a time when investors are hunting for properties is very negative for Rio. (Bloomberg -- Latin America)
Cyrela Raises $601.5 Million in Fourth Brazilian Homebuilder Share Sale Oct 28, 2009
5 Million in 4th Brazil Property Share Sale - Bloomberg. Updated: New York, Oct 28 04:18 London, Oct 28 08:18 Tokyo, Oct 28 17:18. (Bloomberg -- Latin America)
Santander Banks on Brazil Oct 27, 2009
Tough domestic regulation forced the Madrid-based giant to steer clear of toxic financial assets, and the bank mostly avoided excess lending to Spain's suffering real estate sector. Now, just when in the U.S. and Europe are curtailing spending, Santander has reinforced its expansion plans. (BusinessWeek)
Rossi, PDG to Sell $1.1 Billion of Equities as Brazil Stock Demand Surges Oct 2, 2009
The sales are the first of four from Brazilian developers scheduled for this month after an equity rally that sent the BM&FBovespa Real Estate Index up 170 percent in 2009 ... Demand is coming more from foreign investors than from local ones, said , real estate analyst at Lopes Filho & Associados, in a phone interview from Rio de Janeiro ... Many real estate companies have no controlling shareholder, which increases mobility, gives higher participation in all the businesses for investors,... (Bloomberg -- Latin America)
Brazil IPOs to Double in 2010 as Economy Recovers, Merrill's Chatel Says Oct 1, 2009
Real estate developer Direcional Engenharia SA, Brazilian clearing house Cetip SA - Balcao Organizado de Ativos & Derivativos have also filed to sell shares for the first time in Brazil this year. To contact the reporter on this story: in New York at. (Bloomberg -- Latin America)
Tivit Investors Raising $367 Million in First Brazilian IPO Since VisaNet Sep 25, 2009
Real estate developer Direcional Engenharia SA, Brazilian clearing house Cetip SA - Balcao Organizado de Ativos & Derivativos, and Banco Santander (Brasil) SA plan to list on the Sao Paulo exchange ... In addition to IPOs, at least 10 Brazilian companies have filed in the last five weeks to sell shares in secondary offerings, including real estate developers and , and toll-road operator ... a Brazilian real estate developer, is raising 792. (Bloomberg -- Latin America)
Brazil Pension Funds Can Invest Up to 70% of Assets in Equity Investments Sep 25, 2009
As part of the new regulation, pension funds will also be able to put up to 20 percent in structured funds that invest in areas such as infrastructure or real estate; 10 percent in international funds approved by the securities regulator or that trade on the Sao Paulo exchange; and, 8 percent in real estate, Pena told reporters today in Brasilia ... After the changes, pension funds will be able to move all their assets into the riskier investments such as equities, real estate and structured... (Bloomberg -- Latin America)
Emerging Real Estate Offers 16% Guaranteed Return on Brazilian Land Plots Sep 24, 2009
Emerging Real Estate, one of the UK's leading property investment consultancies, is working with a British developer in Brazil, and is now offering clients a unique proposition ... Tim Morgan, managing director of Emerging Real Estate, commented; 'There's no doubt that the global economy is playing a big part in how people invest and investors are becoming more and more cautious. (PR Newswire)
Bovespa Retreats From 14-Month High as Itau Recommends `Defensive' Stocks Sep 18, 2009
and led declines among real estate developers after Itau strategists said equity offerings in the industry will limit the markets gains. SA fell the most in the Bovespa index on concern a sale of convertible bonds will dilute shareholder value. (Bloomberg -- Latin America)
Rainbow Construction wins Goddard schools work Sep 17, 2009
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Brazil's Private Equity Funds to Grow as Record Low Rates Sap Bond Demand Sep 16, 2009
Sept. 16 (Bloomberg) -- Brazilian money managers will open more funds targeting real estate, private equity and corporate debt as record low interest rates reduce demand for government bonds, said , a former chief securities regulator ... A rise of illiquid investments such as real estate, private equity, corporate credit and derivatives will make the regulators job harder, because the exact value of these investments are unknown until they are sold, said Osorio, the president of the CVM... (Bloomberg -- Latin America)
Brazil Pension Fund Funcef to Increase Equity Holdings to 40% on Economy Sep 6, 2009
The fund has 8 percent of its assets invested in real estate and the rest in fixed income, most of it Brazilian bonds. To contact the reporter on this story: in Sao Paulo at. (Bloomberg -- Latin America)
Brazil Homebuilders Tumble on Share Sale Concerns; Rossi Leads Decline Sep 3, 2009
fell the most in the 12-stock BM&FBovespa Real Estate Index, losing 11 percent to 4. 50 reais. (Bloomberg -- Latin America)
Brazil Stock Market Has Fifth Month of Foreign Inflows as Confidence Gains Aug 5, 2009
The 64-stock gauge has gained 49 percent this year, real estate and retail companies, on speculation record low interest rates and improved demand for the countrys commodities will boost growth in Latin Americas biggest economy. With Julys inflow, investors have added 12. (Bloomberg -- Latin America)
Home of the future Aug 4, 2009
View new featured homes, townhomes, condos and real estate listings for sale in Seattle, WA. Find new construction, investment properties and luxury homes in Seattle, Washington. Featured. (Yahoo News -- Press Releases)
The Home of the Future: 8 Innovations in Store Aug 4, 2009
Professional Seattle real estate agent to help negotiate prices. Featured. (Yahoo News -- Top Stories)
Petrobras to Bow to Natura as Brazil Bovespa Index Changes Its Weightings Aug 3, 2009
Gafisa and Rossi, the three real estate companies listed on the Bovespa index, together account for 3. 4 percent. (Bloomberg -- Latin America)
Zell's Equity International May Open Brazilian Real Estate Financing Unit Aug 1, 2009
Equity International May Open Brazil Real Estate Unit (Update1) - Bloomberg ... Equity International May Open Brazil Real Estate Unit (Update1) ... July 31 (Bloomberg) -- Equity International may open a real estate financing company in Brazil as record-low interest rates in Latin Americas biggest economy boost demand for alternative investments. (Bloomberg -- Latin America)
In Brazil, judge holds city accountable for stray bullets Jul 25, 2009
Rio de Janeiro officials worry a judge's decision will unleash a rash of lawsuits in a city where 16 people were killed and 220 wounded by errant bullets last year. from the July 24, 2009 edition. (Christian Science Monitor)
Confed Cup collapse Jun 30, 2009
Unable to submit Real Estate, Services, and Business Investements at this time. Map the Valley. (Hanford Sentinal, CA)
South Africa impresses during test run for 2010 World Cup Jun 29, 2009
Drummers performed Sunday during the closing ceremony before the Confederations Cup final soccer match between the US and Brazil at Ellis Park Stadium in Johannesburg, South Africa. Despite a few hiccups, the Confederations Cup soccer tournament was a 'great success,' say local and international soccer authorities. (Christian Science Monitor)
Brazil's $215 Billion Pension Funds May Get Approval to Exit Fixed Income Jun 20, 2009
Funds will shift money from government bonds into assets including stocks and real estate and infrastructure funds, he said. Our framework for pension funds and banks was built for an economy with interest rates of 20 percent and out-of-control inflation, Zakalski said. (Bloomberg -- Latin America)
Convict stages son's bar mitzvah in NYC jail Jun 16, 2009
Cal Tabucchi, 66, taught junior high school in Los Gatos for 28 years and sold real estate for the next 10 years. Armies of new Avon ladies, Mary Kay reps and Tupperware sellers are advancing on living rooms across. (San Francisco Chronicle -- Weird News)
Gafisa (NYSE: GFA) Files 2008 20-F Report With the SEC Jun 6, 2009
We believe "Gafisa" is one of the best-known brands in the real estate development market, enjoying a reputation among potential homebuyers, brokers, lenders, landowners, and competitors for quality, consistency, and professionalism. SOURCE Gafisa S.A.. (PR Newswire)
Gafisa Reports First Quarter 2009 Results May 15, 2009
We believe "Gafisa" is one of the best-known brands in the real estate development market, enjoying a reputation among potential homebuyers, brokers, lenders, landowners, and competitors for quality, consistency, and professionalism. The Company serves the lower income housing segments through its majority ownership stake in Construtora Tenda, S.A., a separate publicly-traded company on the Novo Mercado of the BOVESPA.. (PR Newswire)
Rodobens Discloses its 1Q09 Earnings Release May 12, 2009
SAO JOSE DO RIO PRETO, Brazil, May 11 /PRNewswire-FirstCall/ -- Rodobens Negocios Imobiliarios (Bovespa: RDNI3), an integrated real estate developer and homebuilder with more than 17 years of operations and a focus on cities in the interior of Brazil, discloses today its audited results for the first quarter of 2009 (1Q09). 1Q09 Performance Highlights. (PR Newswire)
Brazil's hip hub Mar 26, 2009
From here it's possible to walk to Avenida Paulista, S;o Paulo's financial district, and there you can mill past some of the most expensive real estate in South America with the Paulistano businessfolk on your way to take in some culture at , also known as S;o Paulo Museum of Art. Once you've had your fill of high culture, take in some of S;o Paulo's famous street art on Beco de Batman, which translates as "Batman Alley." Every inch of this street in the super hip Vila Madalena area is covered... (CNN -- International)
General Shopping Brasil: Adjusted EBITDA Increases 67.8% in 4Q08, with Margin at 74.9% Mar 21, 2009
5 million in 4Q08; - Conclusion of expansion of shopping malls Suzano Shopping and Internacional Shopping Guarulhos added 6,463 square meters and 3,000 square meters of GLA, respectively; - Issuance of R$ 70 million worth of Real Estate Receivables Certificates (CRIs), with total term of 10 years for short-term debt structuring. For further details on GSB's 4Q08 earnings, click on the link below: CONFERENCE CALLS ON THE 4Q08 AND 2008 EARNINGS March 24, 2009 IN ENGLISH 12:00 p.m (ET) Dial-in... (PR Newswire)
Rio hopes small fixes will yield big drop in crime rate Mar 20, 2009
A TEAM EFFORT: Rio's mayor, Eduardo Paes (left), with Brazilian President Luiz Incio Lula da Silva (center) and Rio's governor, Sergio Cabral. AFP/getty images/newscom. (Christian Science Monitor -- World)
Fly Brazil Group sues African nation Feb 17, 2009
Stay up to date on the latest news from within the commercial real estate industry ... South Florida Real Estate. (South Florida Business Journal, FL)
Largo Resources Amends Information in Relation to Previously Announced Private Placement Financing and Closes Shares for Debt Settlement Feb 11, 2009
Source: Largo Resources Ltd.. TORONTO, ONTARIO--(Marketwire - Feb. 10, 2009) - Largo Resources Ltd. ("Largo" or the Company") (TSX VENTURE: - ) is pleased to announce that it has closed its previously announced debt settlement by issuing 4,061,956 common shares in full settlement of $243,717 in outstanding net debt. These shares are subject to a statutory hold period that expires on June 11, 2009.ADVERTISEMENT In addition, Largo would like to amend the information disclosed on February 5, 2009... (CCNMatthews Press Releases)
Trico Marine Services, Inc. Announces Fourth Quarter and Year End 2008 Earnings Conference Call Information Feb 8, 2009
Source: Trico Marine Services, Inc.. THE WOODLANDS, Texas, Feb. 6, 2009 (GLOBE NEWSWIRE) -- Trico Marine Services, Inc. (NasdaqGM: - ) (the ``Company'' or ``Trico'') today announced plans to report earnings for the fourth quarter and year ended December 31, 2008, on Friday, February 27, 2009 after the close of markets in the United States. (Primezone Releases)
