Real Estate Industry News

Real Estate Industry News

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Hypo Real Estate Slides as Analysts Say Bailout Won't Be Enough (Bloomberg)	10/6/2008 7:18 AM
Oct. 6 (Bloomberg) -- Hypo Real Estate Holding AG slumped as much as 54 percent in German trading as analysts said the 50 billion-euro ($68 billion) government-led bailout agreed at the weekend will fail to salvage the commercial property lender.
Analysts cautious commercial real estate outlook (AP via Yahoo! Finance)	10/6/2008 8:55 AM
-- A prolonged downturn in commercial real estate appears more likely due to the national credit crunch and higher funding costs and equity requirements for real estate investment trusts, Goldman Sachs analysts said Monday.
German Stocks Fall to Lowest Since 2006; Hypo Real Estate Drops (Bloomberg)	10/6/2008 10:19 AM
Oct. 6 (Bloomberg) -- German stocks fell the most in eight months, sending the DAX Index to the lowest since July 2006, as the deepening credit crunch forced the country's financial industry to double a credit line for Hypo Real Estate Holding AG and the government to guarantee personal savings accounts.
German Stocks Fall Most Since January; Hypo Real Estate Slumps (Bloomberg)	10/6/2008 12:42 PM
Oct. 6 (Bloomberg) -- German stocks fell the most in eight months, sending the DAX Index to the lowest since June 2006, as the yearlong debt-market seizure forced the country's financial industry to double a credit line for Hypo Real Estate Holding AG and the government to guarantee personal savings accounts.
Hypo Real Estate tripped by funding strategy in Depfa unit (Market Watch)	10/6/2008 6:08 AM
Hypo Real Estate, the troubled commercial property lender rescued by the German government Sunday, pays a hefty price for a risky funding strategy in Depfa, its public finance unit.
German government, banks agree to $69B bailout for Hypo Real Estate (USA Today)	10/5/2008 7:22 PM
Germany on Sunday guaranteed all private bank accounts and negotiated a 50 billion euro ($69 billion) bailout deal for Hypo Real Estate AG as Europe's second largest economy sought to ward off financial crisis.
Real estate loans spur Irish recession (UPI)	10/6/2008 7:14 AM
DUBLIN, Ireland, Oct. 6 (UPI) -- A move by the Irish government to guarantee all $550 billion of the country's bank deposits is a consequence of reckless real estate lending, analysts say.
Erie County Real Estate Transactions (The Buffalo News)	10/6/2008 10:16 AM
Following are real estate transactions over $5,000 as listed in records of the Erie County clerk's office for the week ending August 22.
REAL ESTATE (St. Petersburg Times)	10/6/2008 2:00 PM
Residential real estate In this section you can find different offers on residential real estate from the leading real estate agencies: Apartments for all tastes: standard to luxurious, short or long terms.
German govt, banks agree on Hypo Real Estate rescue (Reuters via Yahoo! News)	10/5/2008 3:26 PM
The German government and banks on Sunday agreed a new rescue package for Hypo Real Estate that addresses additional liquidity needs that surfaced at the troubled German lender in recent days, the Finance Ministry said.