Manulife Real Estate acquires three prime real estate assets in key North American markets
TSX/NYSE/PSE: MFC SEHK:945
TORONTO, Dec. 20, 2011 /PRNewswire/ - Manulife Real Estate, the global real
estate arm of Canada-based Manulife Financial Corporation, one of the
largest life insurance companies in the world and parent company of
John Hancock Financial in the United States, has acquired three new
real estate assets totaling $555 million in the core real estate
markets of Toronto, San Diego and the New York City Metropolitan Area.
"Manulife is always looking for opportunities to grow our real estate
investment portfolio and we're extremely pleased to secure these
exceptional assets in what are three very important and diverse real
estate investment markets," said Kevin Adolphe, Chief Operating Officer
...
Forward Management Introduces No-Load Investor Share Class for Its Select Income Fund
SAN FRANCISCO, Nov. 29, 2011 /PRNewswire/ -- Forward Management, LLC (Forward) has announced the introduction of a new investor share class for the $1.2 billion, Forward Select Income Fund (FFSLX).
E-House to Invest in Century 21 China Real Estate and Become Largest Shareholder
SHANGHAI, Nov. 28, 2011 /PRNewswire-Asia-FirstCall/ -- E-House (China) Holdings Limited ("E-House" or the "Company") (NYSE: EJ), a leading real estate services company in China, today announced that it has signed a non-binding term sheet with IFM Investments Limited ("Century 21 China Real Estate") (NYSE: CTC) and its founders.
Century 21 China Real Estate Announces $25 Million Strategic Investment from E-House and Company Founders
BEIJING, Nov. 28, 2011 /PRNewswire-Asia-FirstCall/ -- IFM Investments Limited (the "Company," "Century 21 China Real Estate" or "CTC") (NYSE: CTC), a leading comprehensive real estate services provider and the exclusive franchisor for the CENTURY 21® brand in China, today announced that it has signed a non-binding term sheet with E-House (China) Holdings Limited ("E-House") (NYSE: EJ), a leading real estate services company in China, and the Company's founders, under the terms of which Century 21 China Real Estate will issue approximately 960 million new Class A ordinary shares to E-House and the founders of Century 21 China Real Estate at $0.0267 per share, or $0.40 per American depositary share ("ADS").
