Real Estate Investors Shun Egypt As Foreign Firms Retreat

Maplewood International Real Estate Investment Trust Announces Amended Distribution Policy

There is no data for overseas investment into Egyptian property but the flow of recent years has ground to a halt since the military crackdown, property experts said. South African funds led the charge buying existing buildings in Egypt, attracted by yields, or rent as a percentage of the property’s value, of about 7 percent versus about 5 percent in the United Arab Emirates. Buyers included funds linked to Rand Merchant Bank and Stanbic Bank, a division of Standard Bank . Meanwhile, Gulf developers sought to capitalise on a lack of high-quality offices and malls and now risk getting their fingers burned by an excess of supply, said Habiba Hegab, an analyst at Cairo-based Beltone Financial. They include Dubai’s largest developer Emaar Properties which is building the Uptown Cairo scheme, a luxury development of homes, hotels and golf courses in Mukkattam Hills, overlooking the sprawling capital.
For the original version including any supplementary images or video, visit http://www.reuters.com/article/2013/09/26/egypt-property-idUSL5N0HE2Z020130926

In June 2012 IAMGOLD Corporation completed its acquisition of Trelawney Mining and Exploration Inc. and became the sole indirect shareholders of TAAC. In 2013, Sanatana (i) expanded the Watershed Property by acquiring, for the benefit of Sanatana and TAAC, a 20% interest baltimore property management in three additional mining claims located in Yeo and Chester Townships, Ontario and (ii) staked, and is the legal and beneficial owner of a 100% interest in an additional mining claim located in Chester Township, Ontario. With an experienced management team and board of directors, the Company has the ability required to identify, develop and fund economic mineral properties. Sanatana is based in Vancouver and is listed on the TSX Venture Exchange (TSX-V: STA). SANATANA RESOURCES INC.
For the original version including any supplementary images or video, visit http://money.msn.com/business-news/article.aspx?feed=MW&Date=20130925&ID=16937438

Zillow: How Much Does It Cost To Rent In The Suburbs? (gallery)

Zillow: How much does it cost to rent in the suburbs? (Gallery)

(Gallery) Email | Twitter | Google+ Portlandas apartment market has been the darling of commercial real estate since the start of the Great Recession. More people renting, coupled with few people building made Portland one of the tightest markets in the country on most everyoneas list. Even now, as developers rush to construct nearly 15,500 new units over the next few years, occupancy rates remain tight and rents are still rising. Rising rents: See what rental rates are in your city According to a spring survey by Multifamily NW, formerly the Metro Multifamily Housing Association, the area occupancy rate stood at 3.55 percent in the spring and rents were increasing at an annual rate of about 4 percent, on average. Seattle-based Zillow.com offered a comprehensive view of what it costs to own and rent a home in Portland and its suburbs. Tuesday, we published its take on home price trends in the region.
For the original version including any supplementary images or video, visit http://www.bizjournals.com/portland/blog/real-estate-daily/2013/09/zillow-how-much-does-it-cost-to-rent.html

What you can rent for $1,750 in the D.C. metro region

(Photo by Craig Richey) Reston apartment

This is not meant to be a comprehensive list but rather a sample of whats available out there to give prospective renters an idea of what theyll find within their budgets in and around the District. This month, with the help of StreetEasy, a real estate information Web site that launched in the D.C. metro area earlier this year, we look at three rentals in D.C., Maryland and Virginia for $1,750. Click on the links underneath the addresses to be property management maryland taken to the StreetEasy listings for more information about each rental. (Photo by Sally Hamidi) Woodley Park apartment One bedroom, one bathroom 511 square feet, $41 per square foot This lower-level apartment located in a Wardman-style building has a separate entrance. The open kitchen has custom cabinets and granite counters.
For the original version including any supplementary images or video, visit http://www.washingtonpost.com/blogs/where-we-live/wp/2013/09/26/what-you-can-rent-for-1750-in-the-d-c-metro-region/

Housing Future Looks Bright But Is Dependent On The Job Market: Diana Olick

“The Daily Ticker” picks up where Tech Ticker left off and is hosted by Aaron Task, Lauren Lyster and Henry Blodget. Often serious, sometimes irreverent and always interesting, “The Daily Ticker” gives viewers a unique take on the business world’s most crucial stories. Like Roll over each section to subscribe using Add to My Yahoo or RSS Feed feeds. Yahoo News offers dozens of RSS feeds you visit website can read in My Yahoo or using third-party RSS news reader software. Click here to find out more about RSS and how you can use it with Yahoo News. The Daily Ticker % Chg Your most recently viewed tickers will automatically show up here if you type a ticker in the “Enter symbol/company” at the bottom of this module.
For the original version including any supplementary images or video, visit http://finance.yahoo.com/blogs/daily-ticker/housing-future-looks-bright-dependent-job-market-diana-150906497.html

No housing bubble, but Bank of England says it is watching closely

There is a lot of uncertainty at present about the housing market.” The housing recovery has been helped by government and Bank measures to free up mortgage lending. A new phase of the government’s Help to Buy programme is to be launched in January. Governor Mark Carney and Chancellor George Osborne have shown no concern about the prospect of a housing price bubble, pointing to levels of activity in the property market that are below their pre-crisis peak. But earlier this month, a group representing British property surveyors called on the Bank to take measures to slow mortgage lending if national house price growth exceeds 5 percent a year. Ed Miliband, leader of Britain’s Labour opposition party, said this week that if he wins election in 2015 he would more than double the number of new homes built annually to 200,000 by 2020 to ease a shortage that has helped to push up prices. FOCUS ON HEDGE FUNDS In June, the BoE ordered an investigation into the vulnerability of Britain’s financial institutions and borrowers to higher interest rates when central banks around the world start to wean their economies off massive stimulus.
For the original version including any supplementary images or video, visit http://uk.reuters.com/article/2013/09/26/uk-britain-boe-fpc-idUKLNE98O00B20130926

Housing discrimination alleged in Tucson foreclosures

Clearly there is a pattern, and it is systemic. It cuts across all financial institutions. In Tucson, the group investigated 18 foreclosed homes owned by Bank of America. Fifteen were located in predominantly Hispanic neighborhoods and three in predominantly white communities. The local investigation found: 93 percent of the foreclosed properties inspected in Hispanic neighborhoods did not have a for sale sign on display, compared to one of the three the properties in white neighborhoods without a for sale sign.
For the original version including any supplementary images or video, visit http://azstarnet.com/news/business/realestate/housing-discrimination-alleged-in-tucson-foreclosures/article_2653735b-d59b-5297-bacd-cf445d794a87.html

Are Rental Yields High Compared To Uk Interest Rates?

Are rental yields cheap compared to UK interest rates?

by Mark Benson on September 24, 2013 Are rental yields cheap compared to UK interest rates? Over the last 12 months there has been a significant increase in the cost of property across the UK and many people believe visit this page we are headed towards a house price bubble. The economy is making slow progress, household incomes are still under pressure but, despite the fact that the vast majority of austerity measures have also yet to hit home, demand for housing in the UK continues to grow.
For the original version including any supplementary images or video, visit http://www.propertyforum.com/property-in-the-uk/are-rental-yields-high-compared-to-uk-interest-rates.html

Apartment Rental Rates Rise In Slc, Report Says

NCC Sells Environmentally Certified Rental Apartments to KPA Pension

Nevertheless, there is little threat to overbuilding as the market has easily absorbed 5,300 units built in the last three years and the planned projects in 2014 will not destabilize the market, he said. The Salt Lake City apartment market is growing stronger each year and vacancy rates continue to remain low year over year. Kip Paul Rental rates will continue to increase modestly, moving official website up 3 to 4 percent over the next year, Paul said. Rental rates increased from $0.94 per square foot in 2012 to $0.97 per square foot in 2013 a 3.2 percent increase. Rental projects of 250 units or more registered an average per square foot rental rate of $1.01 and a vacancy rate of 4.3 percent. Apartment communities on the east side of the metro area have slightly higher rental rates than communities on the west side, the report indicated.
For the original version including any supplementary images or video, visit http://www.ksl.com/?nid=148&sid=26976716

Bookstore to launch textbook rental program

The transaction will take the form of a company transaction, on a forward funding basis. This is a form of financing whereby the purchase consideration is paid on an ongoing basis from the first date of access until the entire project is completed. The properties, situated in Aspudden (Stockholm), Ursvik (Sundbyberg) and Barkarby (Jarfalla), comprise a total of 330 apartments. The apartments in Barkarby are completed and occupied. The project in Aspudden is scheduled to commence in the third quarter of 2013. NCC plans to initiate two projects in Ursvik; one during the third quarter of 2013 and the other in 2014 when building permits have been obtained for the projects.
For the original version including any supplementary images or video, visit http://www.businesswire.com/news/home/20130925005534/en/NCC-Sells-Environmentally-Certified-Rental-Apartments-KPA

Once the textbooks are returned, however, the student does not receive any money back as the rental price of the book reflects the cost of using the book for the semester as well as a significant saving over the regular price of the book, according to West LA Colleges website. Here at SMC, Dever said they have tried other ways to help students receive the textbooks they need. We always try to buy books back from students, and what the college has done to help students is get cheaper loose-leaf books because publishers dont have to add glue, gloss and nice photos to them, said Dever. However, the publishing companies know that these loose-leaf books cannot be re-sold, and next year students will have no choice but to buy another. Dever said that publishing companies try to drive out the used-book sales so they can retain the market share. They do this by issuing new editions of textbooks as well as releasing them with single-use pass codes that allow the publishing companies to effectively kill the resale value of used textbooks with the knowledge that students need to get their hands on the books, whatever the cost.
For the original version including any supplementary images or video, visit http://www.thecorsaironline.com/news/2013/09/25/bookstore-to-launch-textbook-rental-program/

Rent @ Utah Repertory Theater

Rent-A-Center Donates $20,000 to Gleaners Community Food Bank of Southeastern Michigan

Thats a lot for an up-and-coming company to take onand it appears Utah Repertory Theater Company may not yet be up to the task. This production just doesnt hold together. The direction fails to adequately wrangle the upward of 20 bodies onstage at a time. The action lacks focus; critical lines and scenes arent given room to breathe and, as a result, important plot points are easily missed. This problem is exacerbated by the poor acoustics of the space, which result in the live band and the vocals being blended together into an indiscernible sludge above which only the drummers high-hat emerges.
For the original version including any supplementary images or read this video, visit http://www.cityweekly.net/utah/article-53-18122-rent-a-utah-repertory-theater.html

The donation comes on the heels of a recent donation of 10 refrigerators earmarked for partner agencies of the food bank. The Detroit-based food bank is one of eleven across the nation sharing in $250,000 worth of Rent-A-Center funding for hunger relief this year. The donation is in addition to the grassroots hunger-relief campaign being staged across Rent-A-Centers 3000-plus U.S. stores throughout September.
For the original version including any supplementary images or video, visit http://finance.yahoo.com/news/rent-center-donates-20-000-185500515.html

Zillow: Orlando Rents Slow To Rise, With Some Exceptions

Santa Clara DA’s office warns of rental scams

Apartments and houses in the community originally developed by the Walt Disney Co. jumped more than 18 percent during the past 12 months an increase six times greater than that of the Orlando metropolitan area overall, according to an August report released Monday by Zillow. The company tracks rental rates and home values throughout the country. The Celebration rental market may have property management jobs in maryland gotten a price boost by the opening of new apartment complexes, Jodi Meyers, office manager for Century 21 in Celebration. “A lot of people want to move in here, and they rent before they buy just to see how they like it,” said Meyers, who has rented in Celebration for about 10 years. Rentals are now in so much demand at the pedestrian-friendly development that Century 21 is getting ready to launch a property-management business there, she said.
For the original version including any supplementary images or video, visit http://www.orlandosentinel.com/business/os-orlando-rentals-20130923,0,7735588.story

See also delay times for other exchanges . Quotes and other information supplied by independent providers identified on the Yahoo! Finance partner page . Quotes are updated automatically, but will be turned off after 25 minutes of inactivity. Quotes are delayed at least 15 minutes.
For the original version including any supplementary images or video, visit http://finance.yahoo.com/news/hertz-cfo-steps-down-211600915.html

Hertz CFO Steps Down

— The Santa Clara County District Attorney’s Office is warning consumers about online postings for low-priced rental properties that are scams meant to make off with people’s deposits. The rental property scams online are a growing criminal trend, with perpetrators running them from within the county and overseas, according to district attorney’s office spokesman Sean Webby. Some of the posters, who use home and apartment rental websites such as Trulia.com, do not own or are not authorized to rent the places and are simply in business to steal deposit money, Webby said.
For the original version including any supplementary images or video, visit http://abclocal.go.com/kgo/story?id=9255303