August Fundraising for Direct Investments Marches to Record Annual Investment …

ELLICOTT CITY, Md., Sept. 16, 2013 (GLOBE NEWSWIRE) -- Investor demand for public non-listed real estate investment trusts (REITs), non-listed business development companies (BDCs) and other direct participation programs (collectively, direct investments*) continued at a blistering pace as summer drew to an end. Total fundraising by the direct investment industry in August topped $2.6 billion, an all-time monthly record set in a traditional vacation month according to The Investment Program Association Read more [...]

Sheriff’s Sale Friday, 13 Marple Newtown Patch Homes Listed

More than 162 properties are on the list for Friday's Delaware County sheriff's sale. However, many on the list have been postponed and some were settled, leaving about 146 properties on the block.There are four properties listed within Marple Newtown Patch:115 Overlook Drive, Marple, $506,215.694203 Goshen Road, Newtown, $589,736.11202 Remington Road, Marple, $438,575.389 Marwood Drive, Marple, $2,548.98There are a few properties in Marple Newtown Patch that have also been continued to Friday's Read more [...]

Michael Feinstein’s Townhouse Combo Listed for $18 Million

Click here to view the full photogallery. An impressive Lenox Hill townhouse, combined from two adjacent houses, owned by Grammy-nominated musician/Great American Songbook archivist Michael Feinstein and his spouse, Terrence Flannery, has hit the market with an asking price of $17.9 million. The couple, who were married by Judge Judy in 2008, bought the first of the two houses, 141 East 63rd Street, in 2004 for just over $3 million. Although it hadn't factored into their original plans, they Read more [...]

BISOL launches Spectrum range of modules for listed buildings and …

BISOL group has introduced a new range of modules with coloured cells. The company's Spectrum PV module range is designed to allow a solar array to fully blend in with demanding roofs. Available in 225W to 235W outputs, the modules will be available in the following colour shades: blue, forest green, lavender, metallic grey and tile red. BISOL is also offering an on-roof or building integrated option. In particular, the company feels that Spectrum range will allow for solar to be installed Read more [...]

Market round-up: Airlines take off as oil slips on easing concerns over Syria

The administration of President Obama, pictured, announced a deal with Russia on Saturday to force Syria to hand over all of its chemical weapons by the middle of next year, allaying fears of a crunch in oil supply. Among the big winners were easyJet, up 30p to 1330p, and British Airways and Iberia owner IAG rising 7.9p to 322.6p. TUI Travel added 7p to 360.5p.In a further boost for investors, former Treasury Secretary Larry Summers has pulled out of the race to replace Ben Bernanke as chairman Read more [...]

A-listed period house in Aberdeenshire

A wonderful A-listed property with 40 acres in Aberdeenshire has charming accommodation and its own boating lake Aquahorthies is a substantial, A-listed period house in a prime location with paddocks, ornamental lake, boat house and cottage. The property was built around 1797 and served as a catholic seminary until 1829, but since then has been a private family home - this is the first time it has been on the market in 38 years. Inside, the house has very fine period features including ornamte Read more [...]

UPDATE 1-Islamic bank BLME to seek Dubai’s first listing in 4 years

Mon Sep 16, 2013 9:37am BST By Dinesh NairDUBAI, Sept 16 (Reuters) - Bank of London and The Middle East (BLME), Britain's largest stand-alone Islamic bank, plans to seek a listing on the Nasdaq Dubai bourse next month in what would be the emirate's first stock listing for over four years.The most recent listing on either of Dubai's stock two markets occurred in early 2009, when construction firm Drake Scull listed. The global financial crash and Dubai's corporate Read more [...]

Would a listed adviser sector be a buy or sell?

It may be slightly ironic that investment advisers who spend much of their careers recommending that their clients invest in funds that invest in UK-listed firms rarely work for listed firms themselves. In the past decade, no more than half a dozen adviser firms have been listed on the Alternative Investment Market at any one time, and, for the most part, they have been taken private, often, unfortunately, in less than auspicious circumstances. The two exceptions in the Read more [...]

PSE issues draft rules on backdoor listing

MANILA, Philippines - The Philippine Stock Exchange has issued draft rules on backdoor listing. In a memorandum, the PSE said the current rules do not have restrictions in the modes of fund-raising activities of backdoor-listed firms. "In light of the recent backdoor listings and the clamor from the market to give the public an opportunity to participate in fund-raising initiatives of a company that is backdoor listed, the Exchange is in the process of revising its Backdoor Listing Rules Read more [...]