Real Estate News

• Brookfield Property Drops Plan to Buy New Jersey's Revel

  Brookfield Property Partners LP dropped plans to buy the shuttered Revel Casino in Atlantic City, New Jersey, in a new setback for the state's shrinking gambling industry.

• Taxpayers From U.K. to Korea Take On Risk to Build Up Dubai

  When travelers breeze though Dubai's expanded Al Maktoum International Airport in a few years, they'll probably have the British taxpayer to thank.

• Hispania Considers Bid for Spanish Developer Realia

  Hispania SA, the Spanish real estate investment trust whose shareholders include George Soros and Paulson & Co, is considering a bid for developer Realia Business SA at about half the stock's closing price from yesterday. ...

• Singapore-Listed GLP Co-Founder Jeffrey Schwartz Dies at Age 55

  Global Logistic Properties Ltd., China's biggest modern warehouse operator, said co-founder and the chairman of its executive committee, Jeffrey Schwartz, died yesterday.

• China Seen Boosting Bank Lending Power to Spur Growth
• Paramount Group Rises After Record IPO for a U.S. REIT
• CLSA Targets Hong Kong Shoppers as Chinese Tourists Fade
• Oakland Rents Outpace San Francisco as Hipsters Relocate Updated 3 hours ago
• Schorsch's RCS Seeks Distance From ARCP Accounting Errors
• Trump Casino Bankruptcy Judge Asks If Time to Liquidate
• REIT Exit Seen Leaving Mark on S&P; Financials: Chart of the Day
• `Appalling' Windfarms May Be Blown Away as Abbott Lauds Coal
• Caesars to Split Casinos, Management in $18.4 Billion Restructuring
• Simon Property Discloses Stake in Mall Owner Macerich
• Lowe's Gains After Closing Sales Growth Gap on Home Depot

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