Category: Real Estate
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Beijing Tianhong Turns To Foreign Investors
By Federica Bianchi – BEIJING (Dow Jones)–Beijing Tianhong Real Estate Development and Management Corp., a subsidiary of Tianhong Group, Beijing’s largest real estate developer, is starting to cooperate with foreign investors on individual residential housing projects after the government tightened credit resources for construction. “We are teaming up with several investors that don’t necessarily have…
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Property trusts a winner
LISTED property trusts are to investment what Lance Armstrong is to cycling. Everyone loves a winner and over the past six years other asset classes have been struggling to stay the distance with listed property trusts. Australian shares may have won the sprint for the best returns for the year ended June 30 but when…
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Rules spur REITs offshore
Regulatory changes are set to spur Singapore-listed real estate investment trusts (REITs offshore) to acquire overseas properties even as asset prices in the city state rise. Singapore, which has surpassed its traditional rival Hong Kong in developing listed property trusts as popular investment vehicles, is looking to change the rules to make it easier for…
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Which REITs Rule the Range?
So far in 2005, real estate investment trusts (REITs) — entities that manage portfolios of real property — have generally seen firming fundamentals in all property types, from office buildings and shopping malls to apartments and hotels. And those favorable conditions appear to have been noticed by investors: This year through May, the total return…
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UK property industry calls for urgency on trusts
UK property industry By Jim Pickard – The ownership of billions of pounds of property will move offshore unless the government urgently introduces Reits (real estate investment trusts), the property industry warned yesterday. The Treasury is keen to introduce a new tax-efficient vehicle for property investors but is adamant that such a system should not lead…
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Before rushing into Reits …
Investors shouldn’t let enticing payouts blind them to property trusts’ risks Reits or Real Estate Investment Trusts are now the flavour in Singapore and the region. Governments are offering tax incentives for Reits and there is talk of several billion-dollar Reits being floated in Singapore and other regional markets, including Hong Kong. Reits invest in…
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Self-storage REITs ride economic boom
NEW YORK – You can’t always take it with you, and when you can’t you put it in storage. At least that’s what investors are betting as they put cash into self-storage real estate investment trusts. “So far this year, they’ve significantly outperformed,” said Tom Bohjalian, vice president of New York based Cohen & Steers…
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UDC launches its new harbour-side homes
United Development Company (UDC), the promoter of the freehold West Porto Drive towers around Porto Arabia, the main marina of The Pearl-Qatar, has released the second wave of harbour-side homes in ten, 20-storey towers. The towers overlook Porto Arabia, which will be an international yachting hub with berthing for 400 vessels, and the 2.5 kilometre…
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Call to sort out REIT launch
Hong Kong needs clear legislation and firm stock exchange commitment for the development of the Real Estate Investment Trust (REIT), according to analysts. They warned Hong Kong would be left behind by other regional financial centers like Singapore and Taiwan if local regulators do not encourage the launch of such an investment product soon. “Singapore,…