Latvia's real estate star falls
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With real estate prices having risen 500 percent since 2002, Latvia has long been an investment hot-spot where the sector has outstripped its counterparts in EU member states.
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by RN Eastern Europe editor Margreet Strijbosch, 25 October 2004. A Russian-born millionaire has turned Lithuanian politics on its head.
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The government wants to see Latvia as a Hong Kong in Europe or the financial and economic hub of the region, Deputy Prime Minister Ainars Slesers told reporters today after the eighth top-level government and ...
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Developers are cashing in on demand for luxury housing in such spots as Russia, Bulgaria and Poland.
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When the housing market was booming, many rushed in to the residential real estate business. Now a growing number of agents are looking for other employment.
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For some investors, the misery of subprime loans, exploding adjustable rate mortgages and slumping sales mean one thing: opportunity.
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And so the great real estate boom has ended. Left in its wake are anxious sellers and hopeful renters, fidgety buyers and freebie-wielding developers, deserted open houses and blocks crowded with for-sale signs, scaled-back retirement plans and first-time homes that suddenly seem within reach.
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How to unload your property during a real estate downturn.
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Real estate prices depend a lot on local conditions.
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Business: 24 September 2004, Friday. Bulgaria's first commercial real estate expo opened doors in Sofia, bringing under the same roof bankers, entrepreneurs, investors and broker agencies.
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Real estate in New York City has a way of looming large in matters of the heart.
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Property investor GE Real Estate  is seeking to buy a large property portfolio in Finland, including the possibility of buying a local firm, its chief executive was quoted as saying.
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Harry and Billy Macklowe, the father-and-son team of real estate developers, have come under intense financial pressure with the near collapse of the credit markets.
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Mr Zatlers has headed several medical organisations The Latvian parliament has elected a leading medical doctor, Valdis Zatlers, as the Baltic state's next president. via BBC Europe Edition
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Latvia should clarify the ownership of Ventspils Nafta, the country's Baltic Sea oil terminal, and a related shipping company before admitting any new Russian investor, Latvian President Vaira Vike-Freiberga ...
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MUNICH-The locally based real estate financier Hypo Real Estate Bank AG has agreed to sell a $4.4-billion (Euro 3.6-billion) portfolio of poorly performing German real estate loans to Lone Star Funds, a ...
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Canadian retiree Sheldon Kovensky felt the lure that attracts so many foreign buyers to sunny Florida these days -- falling prices for luxurious oceanfront condos that can be bought with weak U.S. dollars.