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As simple as Monopoly: Make realty investment for €1,000

LONDON / Bloomberg Roll your dice. Pass “Go.” Collect $200. Buy a railway station. In reality, investing in commercial real estate has never been as simple as Monopoly makes it seem. Individuals generally can’t buy directly into commercial property development deals at all. But now U.K. startup BrickVest is seeking to do something vaguely reminiscent — it’s bringing big-time commercial ...

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Confidence among USA homebuilders declines to nine-month low

New York / Bloomberg Confidence among U.S. homebuilders dropped in February to a nine-month low as potential buyers stayed away, interrupting the steady progress residential real estate had built over the course of 2015. The National Association of Home Builders/Wells Fargo builder sentiment index decreased to 58 in February from a revised reading of 61 the prior month, figures from ...

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Mall of Qatar developer UCC said to consider $1 billion Doha IPO

DOHA / Bloomberg UrbaCon Trading & Contracting Co., the construction firm building the Mall of Qatar, is considering an initial public offering in Doha that may raise about $1 billion, people familiar with the matter said. UCC, as the Qatari company is also known, has spoken to advisers about managing an IPO, which could occur by the fourth quarter of ...

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