Scheduled to launch today, a $2 billion dollar fund to buy distressed European properties by Beny Steinmetz (BSG)is all in the news. The Israeli billionaire’s new venture will reportedly be aimed at leveraging low prices across Europe’s beleaguered property sector.
The Pocket Office: Creating a Functional Work Station in Minimal Space
With the current job market in shambles in some locations many homeowners have begun to consider an alternative option to traditional employment: working online from home. Whether you’re considering virtual assisting or website design, the secret to work-at-home success is organization and dedication to your daily tasks.
Thesquarefoot.com – Doing Due Diligence for Office Space
Our analysis of the online real estate industry here at RealtyBizNews has focused a great deal on web design, social media engagement, and other key aspects of business branding – the so called “digital footprint” of Realtors and agents online. As a template for how any new age company should look, we now present TheSquareFoot dot com.
TechSpace Holding Co. Announces New CEO Appointment
TechSpace Holding CO. in California has announced the appointment of Victor Memenas as Chief Executive Officer. His appointment comes as former CEO James “Watty” Watson steps aside to give his full attention to CT Realty Investors where he is CEO and president. Watson founded TechSpace and serves on the Board of Directors as chairman. Watson […]
Office Listings in Urban Centers on the Rise
It’s been reported that big-name office building owners in the US are racing to get their properties listed to take advantage of soaring commercial real estate prices, before they miss the boat. The Seagram Building in New York and the Willis Tower in Chicago, as well as numerous other notable buildings, have seen all or […]
28 West 44th Street in Manhattan Sells for $161M
SL Green Realty Corp. has entered into a contract to sell 28 West 44th Street in Midtown Manthattan for $161 million ($448 per square foot). The property is a 359,000-square-foot, Class B office building, located on “Club Row”. The buyers are APF Properties and Prudential Real Estate Investors, collaborating in a joint venture to acquire […]
Allianz and Others Looks to Expand Portfolio Possibilities
In investment news from Europe, retail property looks like the next boom territory for investors on the continent. According to a recent Jones Lang LaSalle survey, retail investment in 2010 accounted for at least 28 percent of the total commercial property sector. And, Allianz Real Estate, a unit of German insurer Allianz SE, is actually broadcasting they intend investing €11 billion more.