GIC Housing Finance Q3 net up 13% to Rs 34 crore
NEW DELHI (INDIA): GIC Housing Finance reported a 12.6 per cent increase in its net profit at Rs 34.43 crore for the third quarter ended December. Company’s net profit stood… Read more »
Monthly Archives: January 2017
China outbound property investment seen dropping as capital curbs bite
By: Clare Jim HONG KONG: China’s recent clampdown on capital outflows is expected to bite into outbound overseas property investment this year, real estate advisory firms said on Tuesday. DTZ/Cushman… Read more »
PNB Housing Finance Q3 net up 53% at Rs 138 crore; to raise Rs 6,000 crore
NEW DELHI (INDIA): PNB Housing Finance posted a rise of 53 per cent in net profit at Rs 137.8 crore for the third quarter ended December. The company had reported… Read more »
India okays 3% interest subsidy on homes loans up to Rs 2 lakh
NEW DELHI (INDIA): In a bid to ease EMI burden by ensuring cheap home loans in rural areas, the government of India approved 3 per cent interest subsidy on loans of… Read more »
GIC, Paramount to acquire Manhattan office tower for $1.04 billion
By: Saeed Azhar SINGAPORE: Singapore sovereign wealth fund GIC Pte Ltd and Paramount Group have formed a joint venture to acquire office tower “60 Wall Street” in downtown Manhattan for… Read more »
Pittsburgh’s tallest building, US Steel Tower, for sale
PITTSBURGH: Pittsburgh’s tallest building is for sale, and it could go for a sky-high price. Real Estate Alert, a trade publication that first reported the listing, says the 64-story, triangular… Read more »
China outbound property investment seen dropping as capital curbs bite
By: Clare Jim HONG KONG: China’s recent clampdown on capital outflows is expected to bite into outbound overseas property investment this year, real estate advisory firms said on Tuesday. DTZ/Cushman… Read more »
U.S. existing home sales fall as supply hits 17-year low
By: Lucia Mutikani WASHINGTON: U.S. home resales fell more than expected in December as the supply of houses on the market dropped to levels last seen in 1999, which could… Read more »
Evergrande gets Hong Kong bourse nod for spin-off of property assets
By: Donny Kwok | Clare Jim HONG KONG: China Evergrande Group said it had received approval from the Hong Kong bourse to spin off its property projects, paving the way… Read more »
Facebook CEO Zuckerberg reconsiders process to get land
The chief executive officer (CEO) of Facebook said he is reconsidering trying to gain isolated pockets of land on his sprawling Hawaii estate through a law unique to the islands…. Read more »