Washington Real Estate Investment Trust (WRE) Stake Maintained by Lowe FS

23 Dec 2015 | Author: | No comments yet »

Alexandria Real Estate Equities, Inc. (NYSE:ARE) Picked As Growth Company.

Ever since the downturn, key players in the commercial real-estate industry have been trying to convince lawmakers to reverse a 1980s law that sought to curb foreign investors from scooping up U.S. property, saying it was a relic of a more protectionist era that discouraged investment. Seattle: President Barack Obama signed into law a measure easing a 35-year-old tax on foreign investment in US real estate, potentially opening the door to greater purchases by overseas investors, a major source of capital since the financial crisis.Isis Pharmaceuticals Inc. is changing its name to Ionis Pharmaceuticals Inc., giving up its steadfast defense of its former brand in the wake of a series of terror attacks linked to the Middle Eastern militant group of the same name. “When people see or hear our name, we want them to think about the life-saving medicines we are developing,” Lynne Parshall, the company’s chief operating officer, said in the statement.

On Friday, the industry finally persevered, as the broad spending and tax measures passed by Congress relaxed the law in a move some expect to bring billions of dollars of additional foreign investment into an already-robust market for office buildings, apartments and malls across the country. Contained in the $1.1 trillion (Dh4 trillion) spending measure that was passed to avoid a government shutdown is a provision that treats foreign pension funds the same as their US counterparts for real estate investments. While the militant group, which is also known as the Islamic State, has been operating for years, the company began weighing a name change last month because the deadly Paris attacks unnerved employees. It was initially passed in 1980, a time when there were fears that foreign investors including the Japanese might buy up large swaths of the country and its farmland.

A 100-carat, emerald-cut stone that’s so large it looks unreal, the gemological equivalent of clown shoes. (Very, very expensive clown shoes.) Of course, it’s one thing to be a massive colored stone; it’s another to have an equally sparkling provenance. Both individual and institutional investors closely follow the analysts’ recommendations before investing into Alexandria Real Estate Equities, Inc. (NYSE:ARE). In addition, foreign investors will be allowed to own as much as 10% of a publicly traded real-estate company before facing additional taxes, up from the 5% allowed under the prior law. This headliner sold for $48,468,158 at Sotheby’s, reportedly to Joseph Lau, a Hong Kong billionaire who renamed it after his 7-year-old daughter, Josephine.

Commercial-property prices, particularly in major cities, are at record highs, propped up in part by the growing ranks of foreign investors that are targeting the country despite the tax law. This massive ruby, set between shield-shaped diamonds weighing 2.47 and 2.70 carats, set a world auction record for ruby sales and was the first “colored stone” to sell for more than $1 million per carat at auction. This is why Zacks has built a simplified system to measure each of the ratings on a 1-5 scale, where number one is indicative of a Strong Buy, and number five means a Strong Sell. But lawmakers have stalled over how to deal with the lost tax revenue that would come from a change, and Congress hasn’t passed many large tax bills in recent years.

The changes in the legislation passed last week are estimated to cost $4.25 billion over 10 years. “Despite broad support to do something here, the process has not accommodated these kinds of bills,” said Jeffrey DeBoer, chief executive of the Real Estate Roundtable. This girl is going to be the best-dressed kid on the playground, hands down. (Actually, probably best to keep those hands in her pockets.) Sold for $22,090,000 at Sotheby’s. The auction catalog notes that this color is “poetically referred to as ‘pigeon blood red,’” which goes to show that poets can own jewelry, but not all jewelry owners can be poets. Sold for $15,903,422 at Sotheby’s, this stone is believed to have been part of the collection of Princess Mathilde de Bonaparte, Napoleon I’s niece; part of the murky provenance presumably has to do with the fact that it was kept in a bank vault since the 1940s.

Set between two pear-shaped diamond shoulders, the ring was the second-most expensive lot of Sotheby’s November “Magnificent and Noble Jewels” sale in Geneva. The necklace was made by Etcetera, a Hong Kong-based jeweler founded by Edmond Chin, who ran Christie’s Hong Kong jewelry department for five years. Flanked by triangular-shaped diamonds, this “fancy intense pink” diamond was mounted by Harry Winston and is merited a type IIa, the Gemological Institute of America’s designation for the most chemically pure diamonds in the world.

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