Thursday, October 06, 2005

Report: UAE to Invest in Real Estate (AP via Yahoo! Finance)


Report: UAE to Invest in Real Estate (AP via Yahoo! Finance)
The United Arab Emirates will invest US$5 billion in the Turkish real estate sector, according to an agreement signed Thursday in Istanbul and presided over by the crown prince of Dubai and the Turkish prime minister, the Anatolia news agency reported.

Royal Host Real Estate Investment Trust Announces 6.00% Convertible Debentures Offering Increased to $60 Million (CCNMatthews via Yahoo! Finance)
CALGARY, ALBERTA-- - Royal Host Real Estate Investment Trust announces that the underwriters of its offering of 6.00% Convertible Unsecured Subordinated Debentures have exercised their option to purchase an additional 10,000 Debentures on the same terms and conditions as previously announced bringing the total Debentures to be issued by Royal Host to $60 million.

Coachella Valley real estate to have "soft landing" (Desert Sun)
With fears of a real estate bubble being discussed around the country, the Coachella Valley real estate market should see a "soft landing" in 2006, with appreciation rates between 10 and 18 percent as local home pricing trends continue to moderate, an economist with the California Association of Realtors told a breakfast gathering in Palm Desert Thursday.

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