| The daily source on REITs and real estate investment |  |
 | 2012 Public Real Estate Compensation Trends — Join this exclusive Webinar, June 6th, as top ranked real estate executive compensation experts from FPL Associates unveil the results from their 10th annual analysis of executive compensation and Board of Director compensation trends, the most comprehensive of its kind, which also includes a real-time update on Say-on-Pay results. Register here. |
| Capital Markets |  |  |
|
- Ally Financial's ResCap seeks bankruptcy protection
Residential Capital, the mortgage subsidiary of Ally Financial, has filed for Chapter 11 bankruptcy protection. Although the move had been anticipated for several weeks, Ally unexpectedly announced that it would try to sell international operations, including its insurance and auto-finance businesses, to get out from under government ownership. The Wall Street Journal
(5/14)     
| Investment News | | |
|
- Triple-net REITs pay handsome dividends
The triple-net REIT specialty sector is doing particularly well for investors, according to the FTSE NAREIT index. It shows this subsector is averaging a 5% sustainable dividend. Forbes
(5/14)
- ARA Asset Management eyes yuan-denominated IPO in Singapore
ARA Asset Management plans a $557 million to $636 million capital raise with a yuan-denominated initial public offering in Singapore, according to sources.
The company, which expects to secure listing approval from the Singapore Exchange soon, reportedly is in talks with cornerstone investors. Fox Business
(5/15)
| Real Estate Marketplace | | |
|
- Australia's pension funds look to add property investments
Pension funds in Australia plan to invest more in property funds. The driver behind this expected trend is a new law forcing companies to increase contributions to retirement programs. Construction and Building Union Super and AustralianSuper both say they will double their investments in commercial real estate. Bloomberg
(5/14)
-
Australian retail investors more open to domestic, foreign REITs: Australian retail investors are more open to investing in REITs, especially global ones, this year. Foreign markets of interest include Japan and U.S. Interest in Australian REITs is also growing after interest rate cuts made by the Reserve Bank of Australia increased demand for yield products. InvestorDaily (Australia)
(5/15)
| NAREIT News | | |
|
| Policy Watch | | |
|
- Former FDIC chief raises concerns about major banks
Sheila Bair, former chairwoman of the Federal Deposit Insurance Corp., discusses JPMorgan Chase's trading loss and what it means for the industry. "I think it does underscore that even with very good management these institutions are just too big to manage," Bair said. "And especially when they are dealing with very complex derivatives instruments, trying to hedge risk in very large securities trading books, even the best of managers can stumble."  CNN
(5/14)
- Traders brace for change in method of releasing of jobs data
The Labor Department plans to tweak the way it discloses employment numbers and other economic indicators, prompting concern among traders and other market participants. Some fear that the changes, which begin in July, could cause increased volatility in prices. Reuters
(5/14)
| SmartQuote | | |
|
 | Do what you can, with what you have, where you are."
--Theodore Roosevelt,
26th U.S. president
|
| |
| |
|
Read more at SmartBrief.com |
|
A powerful website for SmartBrief readers including:
|
|
|
|
| |
| |
| | Recent Real Estate Investment SmartBrief Issues:
- Monday, May 14, 2012
- Friday, May 11, 2012
- Thursday, May 10, 2012
- Wednesday, May 09, 2012
- Tuesday, May 08, 2012
| | | Lead Editor: Liz DeHoff
Sales Account Director: Jasmine Rogers
Mailing Address:
SmartBrief, Inc.®, 555 11th ST NW, Suite 600, Washington, DC 20004 | |
| |
|
| © 1999-2012 SmartBrief, Inc.® Legal Information |
|
