Properties at Costa Rica

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THE government-sequestered operator of IBC 13 has signed a joint venture agreement with the RII Builders Inc. of Reghis Romero to develop a commercial and residential complex in the TV station’s headquarters.

IBC 13 taps Romero group for property development
THE government-sequestered operator of IBC 13 has signed a joint venture agreement with the RII Builders Inc. of Reghis Romero to develop a commercial and residential complex in the TV station s headquarters.

Geithner: real estate losses will continue
WASHINGTON Mounting losses from commercial-real- estate loans will continue to be a problem for the U.S. and especially smaller banks, but it can be managed, Treasury Secretary Timothy Geithner said Monday.

Terreno Realty buys Calif. building
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Cheung Kong profits rise 52.6pc after shift to high-end property
Cheung Kong (Holdings) (SEHK: 0001) posted a 52.6 per cent gain in net earnings last year as strong property sales and high rental returns in Hong Kong and on the mainland lifted the bottom line. A net profit of HK$19.

China insurers most likely will not rush into real estate investments
BEIJING — Chinese insurers are unlikely to rush into real estate investments when rules are relaxed later this year, given high valuations and the need to step up risk controls, according to PICC Investment Holding Co.