Thursday, August 04, 2005

Inverell real estate agents welcome scrapping of State vendor tax (Inverell Times)


Inverell real estate agents welcome scrapping of State vendor tax (Inverell Times)
LOCAL real estate agencies have expressed their feelings in regard to the scrapping of the vendor tax by new Premier Morris Iemma. Mr Iemma said that abolition of the 2.25 per cent tax would boost the state's economy and lighten the load on thousands of NSW families.

Orlando most optimistic on commercial real estate industry outlook (BizJournals)
Orlando commercial real estate professionals are more optimistic than professionals in other cities in the country regarding the industry's outlook for the next six months, according to a recent survey by Black's Guide, a national commercial real estate source.

China's Overheated Real Estate Industry Shows Signs Of Cooling (Asia Pulse via Yahoo! Australia & NZ News)
China has succeeded in cooling down the overheated real estate industry, although the macroeconomic control measures have been much disputed and obstructed.

Retirement Residences Real Estate Investment Trust Announces Growth Activities (Business Wire via Yahoo! Finance)
Retirement Residences Real Estate Investment Trust announced that it has entered into agreements to lease a retirement home in London, Ontario and acquire a skilled nursing facility near Boston, Massachusetts, has also transferred three long term care homes that were under development into operations and has, as well, agreed in principle to terminate the CPD LP development agreement.

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