BROKERWATCH Hypo Real Estate raised to ’strong buy’ at Sal Oppenheim (Sharewatch)
FRANKFURT (Thomson Financial) - Shares in Hypo Real Estate AG were upgraded to ’strong buy’ from ‘buy’ at Sal Oppenheim as the brokerage lifted its price target to 57 eur per share from 54 saying the company is poised to reverse its so-far disappointing performance versus the DAX. In a note to clients, the brokerage said the commercial mortgage specialist clearly qualifies as a growth stock as it …

July 12, 2007 @ 9:34 AM · Filed under Uncategorized
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Turk Yapi Kredi sells 134 mln euros of real estate (Reuters via Yahoo! Asia News)
ISTANBUL, July 12 (Reuters) - Turkish lender Yapi Kredi has agreed to sell its real estate assets for 134 million euros ($185 million) as part of a wider plan to sell non-core assets, it said on Thursday.

July 12, 2007 @ 9:33 AM · Filed under Uncategorized
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Dubai Chamber’s real estate group merge with Dubai Property (Gowealthy)
Dubai Chamber of Commerce & Industry (Dubai Chamber) has announced merging of its real estate & Property Business Group with Dubai Property group (DPG) in order to make greater contributions in the booming real estate Industry.

July 12, 2007 @ 9:33 AM · Filed under Uncategorized
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