Commercial Property News Archive for 08-Oct-2008

Hypo Real Estate Chief Executive Funke Steps Down (Update1) (Bloomberg)

Oct. 7 (Bloomberg) -- Hypo Real Estate Holding AG , the commercial property lender that needed a 50 billion-euro ($68 billion) bailout, said Chief Executive Officer Georg Funke will step down.

AIG to Keep Its Commercial Property/Casualty Insurance, Sell Some Other Units (Insurance Journal)

American International Group Inc. said it plans to keep its commercial property/ casualty and foreign general insurance businesses, while selling off some life insurance business and seeking alternati

Search real estate sales (The Journal News)

This database allows searches of residential and commercial property sales in Westchester, Rockland and Putnam counties, as well as Dutchess, Orange and Ulster counties. More recent transactions are delayed anywhere from a few weeks to a few months.

FIABCI to Participate in EXPO REAL (Marketwire via Yahoo! Finance)

EXPO REAL, the International Commercial Property Exposition, will take place in Munich, Germany from October 6-8, 2008. It is one of the largest business networking events in the world, attracting more than 3,000 exhibitors and nearly 25,000 participants.

Hypo Real Slides as Analysts Say Bailout Isn't Enough (Update2) (Bloomberg)

Oct. 6 (Bloomberg) -- Hypo Real Estate Holding AG slumped 37 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.

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