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Berkeley Group founder and managing director Tony Pidgley cemented his reputation for being an astute reader of the housing market by starting this year with 236m of cash, no debt and having made no land writedowns last year.

Canary Wharf buys back ?120m of debt
Canary Wharf Group, the operator and developer of the London financial hub, has cut its long-term debt by buying back 120m of mortgage bonds at heavily discounted prices, in a move that demonstrates the lack of liquidity in the debt markets.

Canary Wharf buys back £120m of debt
Canary Wharf Group, the operator and developer of the London financial hub, has cut its long-term debt by buying back 120m of mortgage bonds at heavily discounted prices, in a move that demonstrates the lack of liquidity in the debt markets.

Maura Tierney sells Hancock Park-area house for $2,175,000
home are acting couple Tom Lennon and Jenny Robertson. Lennon, 38, played shorts-wearing Lt. Jim Dangle on ‘Reno 911!’ (2003-08) and has appeared in the 2009 films ‘17 Again’ and ‘ I Love You, Man.

Sycamore initiates contest for real estate
Sycamore Associates is looking for a few good tenants.

‘Real estate a great investment’
New York - These days confidence is hard to come by. But that’s certainly not the case for Donald Trump and he says it shouldn’t be for any of us.

Roberts Realty Investors, Inc. Reduces Debt and Refinances Loan
ATLANTA, April 9 /PRNewswire-FirstCall/ — Roberts Realty Investors, Inc. (NYSE Alternext US: RPI) announces that it has reduced its debt by $577,000 through refinancing its $4,077,000 Wachovia Bank land loan.

Developer of the year: Hammerson
Hammerson began last year with six key developments under way at an estimated total cost of 955m ? 330m of which had still to be spent Five of the schemes were scheduled for completion in 2008: City office schemes at 125 Old Broad Street and 60

Investor Report: Sycamore Urban Properties
How are successful investors finding profitable niches in today’s challenging market? Take Sycamore Urban Properties of Irvine, California for example.


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