Wednesday, November 02, 2005

Cendant Real Estate Services Acquires Coldwell Banker Pacific Properties, Ltd. (Real Estate News)


Cendant Real Estate Services Acquires Coldwell Banker Pacific Properties, Ltd. (Real Estate News)
RISMEDIA, Nov. 3 Cendant Corporation (NYSE:CD) announced that its real estate services subsidiary, NRT Incorporated, has acquired Coldwell Banker Pacific Properties, Ltd. and Coldwell Banker Commercial Pacific Properties, Ltd. in Honolulu. With this announcement, Coldwell Banker Pacific Properties, the largest residential real estate brokerage in Hawaii, will now be owned and operated by NRT.

DOJ Encourages the New Mexico Real Estate Commission to Maintain Consumer Choice in Real Estate Brokerage Services (U.S. Newswire via Yahoo! News)
The Department of Justice in a letter today advised the New Mexico Real Estate Commission to reject proposed amendments to the New Mexico administrative code that would limit a consumer's freedom to choose which real estate services to buy and could cause New Mexico consumers to pay more for real estate brokerage services.

Analysis: China's Real Estate Sector (Asia Pulse via Yahoo! Australia & NZ News)
China's real estate sector will grow at an annual rate of not lower than 10 per cent in the coming 15 years even under the macro-control policy, said Huang Yu, vice president of China Indicator Research Institute.

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