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NEWS AND INFORMATION

Big Q1 for U.S. REITs
The FTSE NAREIT All REITs Index had a total return of 4.05% in Q1, more than quadruple the S&P 500's 0.95% total return. The dividend yields of REITs remain nicely higher at quarter's end than the broader market, averaging 3.80% vs. the S&P 500's 2.02%.

Andhra CM urges Chinese firm to develop industrial park
Hyderabad, April 14 (IANS) Andhra Pradesh Chief Minister N. Chandrababu Naidu on Tuesday urged China Harbour Engineering Company to create a Chinese industrial park in the state. On the third day of his visit to China, Naidu met Mo Wenhe, chairman of the China Harbour Engineering Company, who said the company is keen on replicating their China experience in Andhra Pradesh in infrastructure ...

Real estate transactions
Tarantino Properties will continue to handle leasing and management of the building while the new owner renovates the property. Griffin Capital Corp. announced the purchase of two recently completed office buildings in the Park 10 Regional Business Center in the Energy Corridor. The buildings are fully leased to Wood Group Mustang as part of the company's longtime headquarters campus. Peter ...

Wilcon Depot now offers BPO space
With demand for office space projected to remain strong over the medium term, investors have become more resourceful in identifying and constructing office space in strategic Metro Manila locations to appeal to BPOs. Business process outsourcing (BPO) companies, who have been buoying the office market for the past decade, continue to lease hundreds of thousands of square meters of office space ...

Chicago Real Estate Attorney Danielle Colyer Releases Free Video Info Series
Lawyer answers most common buyer and seller questions about residential and commercial property transactions and closings CHICAGO, IL / ACCESSWIRE / April 13, 2015 / Danielle Colyer, partner at Colyer ...

City's first tower gets a facelift
ONE of the city's first highrise office buildings has been given a much needed facelift.

Exeter 1031 Exchange Services, LLC, Sponsors Coldwell Banker Real Estate’s “Gen Blue Regional Rally” on April 14, 2015 ...
As real estate agents gather at Coldwell Banker Real Estate's "Gen Blue Regional Rally" in Sacramento, California, Exeter 1031 Exchange Company LLC will be supporting them as both a participant and a sponsor. (PRWeb April 13, 2015) Read the full story at http://www.prweb.com/releases/2015/04/prweb12647220.htm

Fitch Affirms LNR's Special Servicer Rating for Commercial Real Estate Loans
Fitch Ratings has affirmed the commercial loan special servicer rating of LNR Partners, LLC's at 'CSS1-'.

Former Starks building owner fought assessments before selling for $14 million
The Hertz Investment Group, a California company that owns office buildings around the country, pocketed $14.25 million this month when it sold the Starks building in downtown Louisville. Yet for the last two years, Hertz has been able to lower its annual property tax bill by insisting that the 14-story building is worth much less than that.