News | EDGE Asset Management

Piedmont Office Realty Trust (NYSE:PDM), an Atlanta-based REIT, completed the sale of its 96.5 percent stake in Chicago’s 35 W. Wacker Drive to UBS Global Asset Management for approximately $ 387 million or $ 359 per square foot. The price equates to a value of nearly $ 401 million fo

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December 22, 2011

by Oriah

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$387M, Bldg., Burnett, Finalizes, Majority, Piedmont, Sale, Stake

Manulife Real Estate purchased Exchange Place Centre in Jersey City, NJ for $ 285 million, or $ 380 per square foot, from an investment group led by INVESCO Real Estate. Built in 1988 on one acre at 10 Exchange Pl in the Hudson Waterfront submarket, the 30-story, 748,000-square-foot,

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December 21, 2011

by Oriah

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$285M, Acquires, Exchange, Manulife, Place

Each year thousands of landlords/homeowners in Central Florida spend thousands of dollars dealing with landlord-tenant issues, and other costs associated with managing their rental properties. In many cases these frivolous cost could have been reduced or even eliminated if these landl

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December 21, 2011

by Oriah

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Losing, Money, More, Than

Reuters – European stocks and the euro were under pressure Tuesday after a euro zone plan to boost crisis funds parked with the IMF failed to reach a hoped-for target, though looming ECB funding for the region’s banks lifted sentiment in some bond markets. Yahoo! News: Bus

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December 20, 2011

by Oriah

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euro, hits, Reuters, stalks, Stocks, Uncertainty

Supermarket chain Aldi will build an office and warehousing facility in the Village of Royal Palm Beach for its division headquarters and regional distribution center. The $ 50 million project will bring annual local expenditures of $ 25 million and a projected total retail store inve

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December 20, 2011

by Oriah

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Aldi, Build, Chain, Supermarket, Warehouse/Office

Reuters – With two weeks left in the trading year, the euro-zone debt crisis will remain the primary impediment to pushing the S&P 500 index into positive territory for 2011. Yahoo! News: Business News

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December 19, 2011

by Oriah

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2011, higher, Reuters, short, Time

The Westin Abu Dhabi (ABU DHABI, UAE) — Starwood Hotels & Resorts Worldwide announced the debut of The Westin Abu Dhabi Golf Resort & Spa. The resort is owned by the Tourism Development & Investment Company (TDIC), the leading developer of cultural, residential and t

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December 19, 2011

by Oriah

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Debuts, Dhabi, Golf, Resort, Westin

A landlord debates the real effects of the cap to Local Housing Allowance on young single renters in the UK. Providing real examples of tenants who will fall into rental arrears once the cap on benefit is implemented leaving landlords in the difficult position of having to make tenant

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December 19, 2011

by Oriah

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Allowance, Effects, Housing, Landlords, Local, Renting, Tenants, Younger

Real estate is one among the booming industries at present in the world market. Many owners and real estate brokers are thriving on the profits generated by real estate business. It is the ideal time for you to purchase homes and make profits by renting them. But then in order, to att

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December 18, 2011

by Oriah

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Insight, into, investments, Rental

Reuters – With two weeks left in the trading year, the euro zone debt crisis will remain the primary impediment to pushing the S&P 500 index into positive territory for 2011. Yahoo! News: Business News

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December 18, 2011

by Oriah

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2011, higher, Reuters, short, Time

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Piedmont Finalizes $387M Sale of Majority Stake in Leo Burnett Bldg.

Manulife Acquires Exchange Place Ctr for $285M

Are You Losing More Than Money?

Uncertainty stalks euro, hits stocks (Reuters)

Aldi Supermarket Chain to Build Warehouse/Office

Time short for S&P to end 2011 higher (Reuters)

Westin Abu Dhabi Golf Resort & Spa Debuts in UAE

The Effects of the Cap on Local Housing Allowance for Landlords Renting to Younger Tenants

An Insight Into Rental Investments

Time short for S&P to end 2011 higher (Reuters)