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Canada real estate news | |||
Fame & Fortune: Vanilla Ice; Reality TV and real estate pad the rappers pockets Reality TV and real estate are padding this rappers pockets. RioCan Real Estate Investment Trust Announces December 2005 Distribution TORONTO----Dec. 13, 2005--RioCan Real Estate Investment Trust today announced a distribution of 10.75 cents per unit for the month of December. The distribution will be payable on January 10, 2006 to unitholders of record on December 31, 2005. Quebec-based SITQ pays over $300M for 2 office buildings in Germany MONTREAL (CP) - SITQ, a real estate investment firm whose biggest shareholder is the giant Quebec fund manager Caisse de depot et placement, says it has paid more than $300 million for two office buildings in Frankfurt, Germany. Calloway Real Estate Investment Trust Declares December 2005 Distribution TORONTO, ONTARIO-- - Calloway REIT today announced that the trustees of the REIT have declared a distribution for the month of December 2005 of $0.12083 per trust unit, representing $1.45 per unit on an annualized basis. Inversion in the U.S. Yield Curve will signal weaker times ahead for U.S. and Canada, say TD economists Canada and the United States experienced strong economic growth in the FelCor Announces Preferred Dividends for Fourth Quarter FelCor Lodging Trust Incorporated , one of the nations largest hotel real estate investment trusts , today announced its fourth quarter preferred dividends. $100,000 from Harveys Helps Cystic Fibrosis Harveys Real Estate has lifted their contribution to Cystic Fibrosis past the $100,000 mark, after presenting a cheque for $25,000 at the recent Harveys Half Yearly Awards in Auckland. GMAC-RFC Mexico and Founding Shareholders of Credito Inmobiliario Purchase Majority Ownership Interest in Credito MEXICO CITY----Dec. 14, 2005--GMAC-RFC Auritec, S.A , a leading residential real estate finance company in Mexico, along with the original shareholders of Credito Inmobiliario , have purchased a majority ownership interest in Credito Inmobiliario . Fitch Teleconference: U.S. CMBS 2006 Outlook Today 11 AM EST NEW YORK----Dec. 14, 2005--While Fitch Ratings projects more Positive than Negative Outlooks for U.S. CMBS asset performance and ratings in 2006, increases in fuel and electric costs, coupled with a rise in insurance costs following the Gulf Coast Hurricanes, may create various negative long-term issues for all of commercial real estate. REALTOR Association in Miami-Dade County Retains RECON Consulting Services Firm The REALTOR Association of Miami Dade County has retained RECON Intelligence Services to provide consulting services to the trade association. RECON will assist the Association in serving and empowering real estate professionals throughout Miami-Dade County. [PRWEB Dec 14, 2005 | |||