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Construction of multi-tenant office building set for mid-April in American Center
The 35,440-square-foot building will be the final piece of St. John Properties' Madison East Business Center. 

EQS-News: LT Commercial Real Estate signs letter of intent with Congtai District, Handan City in China over plan to ...

Fitch: Lower Oil Provides Moderate Benefit for US REITs
Lower gasoline and heating oil prices will bolster consumer discretionary incomes and will likely lead to greater retail and travel spending, providing a moderate net benefit to US

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 ...

N Chandrababu Naidu pitches for exclusive Chinese industrial park in Andhra Pradesh
Company's Chairman Mo Wenhe said the firm is keen on replicating its China experience in Andhra Pradesh, in infrastructure development.

Keppel REIT's net property income down 12% to $34.6m in Q1
Keppel REIT reported that its net property income declined 12% on a year-on-year basis to $34.6m in the first quarter. The decline was mainly due to the expiry of rental support from its 87.5% interest in Ocean Financial Centre in January 2015, the absence of income contribution from Prudential Tower and the absence of rental support from Marina Bay Financial Centre Phase One. Keppel REIT's ...

Commercial real estate boom reaches Baltimore
The jaw-dropping $121.5 million that an investor paid last month for Fells Point's Union Wharf apartments was the starkest example yet in Baltimore of how a booming national real estate market is pushing some firms to turn to smaller, riskier cities.

Slate Office REIT announces modifications to the Board of Trustees
Slate Office REIT announces modifications to the Board of Trustees

Ten percent of S&P 500 companies avoid paying U.S. taxes
Fueled by a wave of inversions, a record 54 companies in the Standard & Poor’s 500 Index of leading U.S. firms are now at least partially exempt from the corporate income tax. The biggest factor is the recent wave of companies, such as Medtronic Plc and Mylan NV, that have completed what’s known as an inversion, in which they move their tax address overseas. Other companies have declared ...

Study Finds Repealing Like-Kind Exchange Rules Would Hurt U.S. Small Businesses and Reduce GDP
The Federation of Exchange Accommodators announced that the Section 1031 Like-Kind Exchange Coalition, of which it is a member, released a study, “Economic Impact of Repealing Like-Kind Exchange Rules,” which concludes that repealing the I.R.C. Section 1031 like-kind exchange rules would slow economic growth, reduce GDP and hurt many U.S. small businesses. (PRWeb March 18, 2015) Read the full ...