Wednesday, November 02, 2005

Wells Fargo real estate unit to buy Secured Capital (Los Angeles Business)


Wells Fargo real estate unit to buy Secured Capital (Los Angeles Business)
Wells Fargo & Co. said Wednesday that its real estate investment banking unit, Eastdil Realty LLC, will buy Secured Capital Corp.

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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