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Commercial Real Estate Week in Review

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Commercial Real Estate Week in Review-June 13-19

-Interested in a long term investment? It may be the time to get into REITs.

-Sunway REIT on track for $522MM IPO.

-Kimco Realty (NYSE: KIM) and Big Shopping Centers (NYSE: BIG) enter into a joint venture to purchase $422MM retail portfolio.

-Morningstar (NYSE: MORN): Commercial Real Estate market picking up.

-Is real estate a formidable liability to Chinese banks?
-Starwood to continue pursuit of Extended Stay even after losing the auction for the company in May.

-Health Care REIT to issue $129MM in debt due in 2029.

-Commercial Real Estate prices not to come within 40% of 2007 peak prices for a long time according to PIMCO.

-REITs struggle in May possibly due to Greek debt crisis.

-Fitch, Moody’s and Standard & Poor’s all raise outlook on REITs.

-NYSE may delist Fannie and Freddie.

-HSBC (NYSE: HBC) predicts Asian REIT IPOs to increase in next 3 to 4 years.

-91 banks failed to meet their required May 17 dividend TARP payment.

-Vornado (NYSE: VON) makes a bid to acquire CW Financial Services.

-Is the corporate debt coming due going to be a problem for investors?



The preceding article is from one of our external contributors. It does not represent the opinion of Benzinga and has not been edited.

 

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