Tuesday, September 13, 2005

Foreign investors buy 4 tril. yen worth of real estate in Japan (Kyodo via Yahoo! Asia News)


Foreign investors buy 4 tril. yen worth of real estate in Japan (Kyodo via Yahoo! Asia News)
_ Foreign investors' acquisitions of real estate in Japan over the past several years are estimated at between 3 trillion and 4 trillion yen, industry sources said Tuesday.

AIM Select Real Estate Income Fund Board of Trustees Declares Capital Gain (Business Wire via Yahoo! Finance)
The Board of Trustees for AIM Select Real Estate Income Fund , AIM's closed-end real estate fund, has declared a long-term capital gain to be paid in September.

CHINA'S REAL ESTATE MARKET FORECAST TO RECOVER SOON (Asia Pulse via Yahoo! Australia & NZ Finance)
Housing The real estate market in most parts of China is remaining in a deadlock at present, but the situation will not last for long.

Investors in Skateboard Firm Defrauded in Real Estate Scam (Los Angeles Times)
A man who used the cachet of an all-terrain skateboard manufacturing business to swindle millions of dollars from unsuspecting investors that he used to buy Newport Beach real estate for himself and a companion has admitted guilt, a prosecutor said today.

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