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	<title>Real Estate infinite</title>
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	<description>Commercial and Luxury Residential Real Estate News Portal</description>
	<lastBuildDate>Tue, 10 Nov 2009 16:51:39 +0000</lastBuildDate>
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		<title>Real Estate infinite</title>
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		<item>
		<title>Kimco Realty acquires remaining 85% in 21 shopping centers</title>
		<link>http://realestateinfinite.wordpress.com/2009/11/10/kimco-realty-acquires-remaining-85-in-21-shopping-centers/</link>
		<comments>http://realestateinfinite.wordpress.com/2009/11/10/kimco-realty-acquires-remaining-85-in-21-shopping-centers/#comments</comments>
		<pubDate>Tue, 10 Nov 2009 16:51:39 +0000</pubDate>
		<dc:creator>realestateinfinite</dc:creator>
				<category><![CDATA[Investment Market]]></category>
		<category><![CDATA[DRA Advisors]]></category>
		<category><![CDATA[Kimco]]></category>
		<category><![CDATA[PL Retail]]></category>
		<category><![CDATA[REIT]]></category>
		<category><![CDATA[shopping centers]]></category>
		<category><![CDATA[US real estate]]></category>

		<guid isPermaLink="false">http://realestateinfinite.wordpress.com/?p=105</guid>
		<description><![CDATA[Kimko Realty acquires remaining 85% in PL Retail LLC, an entity comprising 21 shopping centres, for $175 mn at 7.6% capitalization rate on underwritten net operating income of approximately $61 mn annually.  
<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=realestateinfinite.wordpress.com&amp;blog=8966706&amp;post=105&amp;subd=realestateinfinite&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
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		<title>Segro sold Great Western Industrial Park for £110.4 mn</title>
		<link>http://realestateinfinite.wordpress.com/2009/11/08/segro-sold-great-western-industrial-park-for-110-4-mn/</link>
		<comments>http://realestateinfinite.wordpress.com/2009/11/08/segro-sold-great-western-industrial-park-for-110-4-mn/#comments</comments>
		<pubDate>Sun, 08 Nov 2009 01:33:36 +0000</pubDate>
		<dc:creator>realestateinfinite</dc:creator>
				<category><![CDATA[London]]></category>
		<category><![CDATA[Great Western Industrial Park]]></category>
		<category><![CDATA[industrial market]]></category>
		<category><![CDATA[London industrial park]]></category>
		<category><![CDATA[real estate investment]]></category>
		<category><![CDATA[Segro]]></category>
		<category><![CDATA[Superannuation Scheme]]></category>
		<category><![CDATA[warehouse market]]></category>

		<guid isPermaLink="false">http://realestateinfinite.wordpress.com/?p=100</guid>
		<description><![CDATA[Segro sold Great Western Industrial Park (72,000 sq.m) in Southall, West London to Universities Superannuation Scheme for  £ 110.4 mn; net initial yield is 6.9% which rises to over 7% once outstanding reviews are settled and the weighted average lease length for the property is 10.2 years to earliest termination.<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=realestateinfinite.wordpress.com&amp;blog=8966706&amp;post=100&amp;subd=realestateinfinite&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>0</slash:comments>
	
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		<title>Carrefour’s short life in Russia</title>
		<link>http://realestateinfinite.wordpress.com/2009/10/19/carrefour%e2%80%99s-short-life-in-russia/</link>
		<comments>http://realestateinfinite.wordpress.com/2009/10/19/carrefour%e2%80%99s-short-life-in-russia/#comments</comments>
		<pubDate>Mon, 19 Oct 2009 00:29:43 +0000</pubDate>
		<dc:creator>realestateinfinite</dc:creator>
				<category><![CDATA[Retail Market]]></category>
		<category><![CDATA[Carrefour]]></category>
		<category><![CDATA[Carrefour abandon market]]></category>
		<category><![CDATA[Carrefour in Russia]]></category>
		<category><![CDATA[Carrefour River Mall]]></category>
		<category><![CDATA[Carrefour sales drop]]></category>
		<category><![CDATA[hypermarket]]></category>
		<category><![CDATA[retail]]></category>
		<category><![CDATA[Russian retail]]></category>

		<guid isPermaLink="false">http://realestateinfinite.wordpress.com/?p=84</guid>
		<description><![CDATA[Carrefour (www.carrefour.com), the largest European retailer, announced that it would abandon Russian market after opening its first supermarket five months ago “given the absence of sufficient organic growth prospects and acquisition opportunities”. This announcement was following the Carrefour’s report on a third straight drop in quarterly sales down to Euro 24 BN, mentioning also that [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=realestateinfinite.wordpress.com&amp;blog=8966706&amp;post=84&amp;subd=realestateinfinite&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>0</slash:comments>
	
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			<media:title type="html">Carrefour</media:title>
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		<item>
		<title>M&amp;S to open new stores in India, China and Eastern Europe</title>
		<link>http://realestateinfinite.wordpress.com/2009/10/14/ms-to-open-new-stores-in-india-china-and-eastern-europe/</link>
		<comments>http://realestateinfinite.wordpress.com/2009/10/14/ms-to-open-new-stores-in-india-china-and-eastern-europe/#comments</comments>
		<pubDate>Wed, 14 Oct 2009 20:02:50 +0000</pubDate>
		<dc:creator>realestateinfinite</dc:creator>
				<category><![CDATA[Company news]]></category>
		<category><![CDATA[Retail Market]]></category>
		<category><![CDATA[China expansion]]></category>
		<category><![CDATA[Eastern Europe expansion]]></category>
		<category><![CDATA[India expansion]]></category>
		<category><![CDATA[M&S]]></category>
		<category><![CDATA[Marks & Spencer]]></category>
		<category><![CDATA[retail]]></category>

		<guid isPermaLink="false">http://realestateinfinite.wordpress.com/?p=81</guid>
		<description><![CDATA[M&#38;S expands to India, China and Eastern Europe shutting down more than 100 warehouses in the UK
<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=realestateinfinite.wordpress.com&amp;blog=8966706&amp;post=81&amp;subd=realestateinfinite&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>0</slash:comments>
	
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			<media:title type="html">M&#38;S</media:title>
		</media:content>
	</item>
		<item>
		<title>Dar Al-Arkan will build $2 bn residential project in Jeddah, Saudi Arabia</title>
		<link>http://realestateinfinite.wordpress.com/2009/10/14/dar-al-arkan-will-build-2-bn-residential-project-in-jeddah-saudi-arabia/</link>
		<comments>http://realestateinfinite.wordpress.com/2009/10/14/dar-al-arkan-will-build-2-bn-residential-project-in-jeddah-saudi-arabia/#comments</comments>
		<pubDate>Wed, 14 Oct 2009 01:42:06 +0000</pubDate>
		<dc:creator>realestateinfinite</dc:creator>
				<category><![CDATA[Residential Market]]></category>
		<category><![CDATA[Saudi Arabia]]></category>
		<category><![CDATA[Dar Al Arkan]]></category>
		<category><![CDATA[Jeddah]]></category>
		<category><![CDATA[Saudi Arabia residential]]></category>

		<guid isPermaLink="false">http://realestateinfinite.wordpress.com/?p=77</guid>
		<description><![CDATA[Dar Al-Arkan will build $2 bn residential project consisting of 10,000 residential units, public parks, schools and restaurants in Jeddah, Saudi Arabia over the period of 5 years.<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=realestateinfinite.wordpress.com&amp;blog=8966706&amp;post=77&amp;subd=realestateinfinite&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>0</slash:comments>
	
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			<media:title type="html">Dar Al-Arkan</media:title>
		</media:content>
	</item>
		<item>
		<title>DTZ  is about to close its Russian subsidiary</title>
		<link>http://realestateinfinite.wordpress.com/2009/10/06/dtz-is-about-to-close-its-russian-subsidiary/</link>
		<comments>http://realestateinfinite.wordpress.com/2009/10/06/dtz-is-about-to-close-its-russian-subsidiary/#comments</comments>
		<pubDate>Tue, 06 Oct 2009 14:18:01 +0000</pubDate>
		<dc:creator>realestateinfinite</dc:creator>
				<category><![CDATA[Company news]]></category>
		<category><![CDATA[Russia]]></category>
		<category><![CDATA[DTZ]]></category>
		<category><![CDATA[DTZ Russia]]></category>
		<category><![CDATA[DTZ shuts down Russian subsidiary]]></category>

		<guid isPermaLink="false">http://realestateinfinite.wordpress.com/?p=72</guid>
		<description><![CDATA[DTZ (www.dtz.com), a &#8220;big four&#8221; international real estate consultant, announced that it would not continue to financially support its Russian subsidiary and will eventually close it.  According to the company this measure was taken as part of the strategic review of DTZ&#8217;s operations and as a result of the severe conditions in the Russian market. [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=realestateinfinite.wordpress.com&amp;blog=8966706&amp;post=72&amp;subd=realestateinfinite&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>1</slash:comments>
	
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			<media:title type="html">realestateinfinite</media:title>
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		<item>
		<title>Accor closed €272M Sale-Leaseback transaction selling 158 Hotels</title>
		<link>http://realestateinfinite.wordpress.com/2009/09/28/accor-closed-e272m-sale-leaseback-transaction-selling-158-hotels/</link>
		<comments>http://realestateinfinite.wordpress.com/2009/09/28/accor-closed-e272m-sale-leaseback-transaction-selling-158-hotels/#comments</comments>
		<pubDate>Sun, 27 Sep 2009 22:12:34 +0000</pubDate>
		<dc:creator>realestateinfinite</dc:creator>
				<category><![CDATA[France]]></category>
		<category><![CDATA[Hotel Market]]></category>
		<category><![CDATA[Accor]]></category>
		<category><![CDATA[Accor Group]]></category>
		<category><![CDATA[French hotels]]></category>
		<category><![CDATA[French real estate]]></category>
		<category><![CDATA[hotel sale]]></category>
		<category><![CDATA[leaseback transaction]]></category>
		<category><![CDATA[sale transaction]]></category>

		<guid isPermaLink="false">http://realestateinfinite.wordpress.com/?p=68</guid>
		<description><![CDATA[On 22 September 2009 French hotel company Accor Group (www.accor.com)  announced the sale of the portfolio of 158 budget hotels representing a total of 12,300 rooms for €272 mn. The name of the buyer has not been disclosed. The sale and leaseback transaction consists in signing a 12-year business lease, renewable six times at Accor&#8217;s option [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=realestateinfinite.wordpress.com&amp;blog=8966706&amp;post=68&amp;subd=realestateinfinite&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>0</slash:comments>
	
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		<item>
		<title>Largest European inside-city shopping center is just about to open in Russia</title>
		<link>http://realestateinfinite.wordpress.com/2009/09/20/largest-european-inside-city-shopping-center-is-just-about-to-open-in-russia/</link>
		<comments>http://realestateinfinite.wordpress.com/2009/09/20/largest-european-inside-city-shopping-center-is-just-about-to-open-in-russia/#comments</comments>
		<pubDate>Sat, 19 Sep 2009 23:27:42 +0000</pubDate>
		<dc:creator>realestateinfinite</dc:creator>
				<category><![CDATA[Retail Market]]></category>
		<category><![CDATA[entertainment zone]]></category>
		<category><![CDATA[Immoeast]]></category>
		<category><![CDATA[Moscow]]></category>
		<category><![CDATA[multiplex]]></category>
		<category><![CDATA[Patero]]></category>
		<category><![CDATA[real estate]]></category>
		<category><![CDATA[retail gallery]]></category>
		<category><![CDATA[Rostokino]]></category>
		<category><![CDATA[Russia]]></category>
		<category><![CDATA[Sberbank]]></category>
		<category><![CDATA[shopping center]]></category>

		<guid isPermaLink="false">http://realestateinfinite.wordpress.com/?p=65</guid>
		<description><![CDATA[Golden Babylon Rostokino, a two-storey shopping center with GBA of 241,000 sq.m. and 450 store retail gallery located in the north-esat of Moscow and representing the largest shopping center inside the city in Europe, will open on November 18th, 2009. Currently 75% of the shopping center is leased, the other 15% &#8211; under final negotiations. [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=realestateinfinite.wordpress.com&amp;blog=8966706&amp;post=65&amp;subd=realestateinfinite&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
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		<title>Launch of £160m ($261 m) The Palmer GVA Property Fund LP</title>
		<link>http://realestateinfinite.wordpress.com/2009/09/12/launch-of-160m-261-m-the-palmer-gva-property-fund-lp/</link>
		<comments>http://realestateinfinite.wordpress.com/2009/09/12/launch-of-160m-261-m-the-palmer-gva-property-fund-lp/#comments</comments>
		<pubDate>Fri, 11 Sep 2009 21:38:39 +0000</pubDate>
		<dc:creator>realestateinfinite</dc:creator>
				<category><![CDATA[UK]]></category>
		<category><![CDATA[Alex Price]]></category>
		<category><![CDATA[closed end fund]]></category>
		<category><![CDATA[GVA Grimley]]></category>
		<category><![CDATA[Palmer Capital Partners]]></category>
		<category><![CDATA[Palmer GVA Property Fund]]></category>
		<category><![CDATA[Rob Bould]]></category>

		<guid isPermaLink="false">http://realestateinfinite.wordpress.com/?p=57</guid>
		<description><![CDATA[Launch of £160m ($261 m) The Palmer GVA Property closed end 5 year Fund aimed at purchase of assets with llong dated income streams to good covenants in attractive locations.<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=realestateinfinite.wordpress.com&amp;blog=8966706&amp;post=57&amp;subd=realestateinfinite&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>0</slash:comments>
	
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		<item>
		<title>Risanamento debt restructuring and refinancing plan</title>
		<link>http://realestateinfinite.wordpress.com/2009/09/06/risanamento-debt-restructuring-and-refinancing-plan/</link>
		<comments>http://realestateinfinite.wordpress.com/2009/09/06/risanamento-debt-restructuring-and-refinancing-plan/#comments</comments>
		<pubDate>Sun, 06 Sep 2009 11:20:46 +0000</pubDate>
		<dc:creator>realestateinfinite</dc:creator>
				<category><![CDATA[Investment Market]]></category>
		<category><![CDATA[Italy]]></category>
		<category><![CDATA[Intesa San Paolo]]></category>
		<category><![CDATA[investment]]></category>
		<category><![CDATA[Luigi Zunino]]></category>
		<category><![CDATA[real estate]]></category>
		<category><![CDATA[Risanamento]]></category>
		<category><![CDATA[Unicredito]]></category>

		<guid isPermaLink="false">http://realestateinfinite.wordpress.com/?p=55</guid>
		<description><![CDATA[Risanamento SpA (www.risanamento.com), an Italian major developer with €2.9 m in debt, has received an approval from a group of creditor banks including Intesa San Paolo SpA (www.intesasanpaolo.com), UniCredit SpA (www.unicreditgroup.eu) for the €500 m restructuring plan.  It includes a mandatory conversion of €350 of Risanamento&#8217;s debt into equity, lenders&#8217; guarantee of €270 m of [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=realestateinfinite.wordpress.com&amp;blog=8966706&amp;post=55&amp;subd=realestateinfinite&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>0</slash:comments>
	
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		<title>ProLogis reduces its debt burden</title>
		<link>http://realestateinfinite.wordpress.com/2009/08/26/prologis-reduces-its-debt-burden/</link>
		<comments>http://realestateinfinite.wordpress.com/2009/08/26/prologis-reduces-its-debt-burden/#comments</comments>
		<pubDate>Tue, 25 Aug 2009 23:19:04 +0000</pubDate>
		<dc:creator>realestateinfinite</dc:creator>
				<category><![CDATA[Investment Market]]></category>
		<category><![CDATA[Warehouse & Industrial Market]]></category>
		<category><![CDATA[debt market]]></category>
		<category><![CDATA[distribution facilities]]></category>
		<category><![CDATA[ProLogis]]></category>
		<category><![CDATA[real estate]]></category>

		<guid isPermaLink="false">http://realestateinfinite.wordpress.com/?p=44</guid>
		<description><![CDATA[ProLogis, major global owner, manager and developer of distribution facilities around the world reduced its debt burden from $3.6 bn to $2.25 bn and extended the maturity from 6 October 2009 to 21 August 2012 as part of its de-risking and de-leveraging strategy.<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=realestateinfinite.wordpress.com&amp;blog=8966706&amp;post=44&amp;subd=realestateinfinite&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>0</slash:comments>
	
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			<media:title type="html">realestateinfinite</media:title>
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		<title>Hines plans to create $3.5bn global REIT through IPO</title>
		<link>http://realestateinfinite.wordpress.com/2009/08/23/hines-plans-to-create-3-5bn-global-reit-through-ipo/</link>
		<comments>http://realestateinfinite.wordpress.com/2009/08/23/hines-plans-to-create-3-5bn-global-reit-through-ipo/#comments</comments>
		<pubDate>Sun, 23 Aug 2009 13:16:13 +0000</pubDate>
		<dc:creator>realestateinfinite</dc:creator>
				<category><![CDATA[Investment Market]]></category>
		<category><![CDATA[Hines]]></category>
		<category><![CDATA[IPO]]></category>
		<category><![CDATA[real estate]]></category>
		<category><![CDATA[REIT]]></category>

		<guid isPermaLink="false">http://realestateinfinite.wordpress.com/?p=41</guid>
		<description><![CDATA[Hines raising $3.5 bn for the global REIT through IPO to invest in quality undervalued properties in developed and emerging markets including office, retail, industrial and multi-family properties.
<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=realestateinfinite.wordpress.com&amp;blog=8966706&amp;post=41&amp;subd=realestateinfinite&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>0</slash:comments>
	
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		<title>SOHO buys Morgan Stanley&#8217;s property in Shanghai</title>
		<link>http://realestateinfinite.wordpress.com/2009/08/20/soho-buys-morgan-stanleys-property-in-shanghai/</link>
		<comments>http://realestateinfinite.wordpress.com/2009/08/20/soho-buys-morgan-stanleys-property-in-shanghai/#comments</comments>
		<pubDate>Thu, 20 Aug 2009 20:34:53 +0000</pubDate>
		<dc:creator>realestateinfinite</dc:creator>
				<category><![CDATA[China]]></category>
		<category><![CDATA[Investment Market]]></category>
		<category><![CDATA[Office Market]]></category>

		<guid isPermaLink="false">http://realestateinfinite.wordpress.com/?p=34</guid>
		<description><![CDATA[Soho buys Morgan Stanley's Dong Hai Plaza (approx. 80,000 sq.m.) to be rebranded as The Exchange Soho for $359 million. The property has excellent location in the Jing'an business district and great transportation access. Currently the property is only 30% leased but Soho will sell office space on a strata basis to high net worth individuals or companies and, then, help them lease the units to SMEs, the strategy has already shown a great success in Soho's Beijing Property with 95% occupancy versus 70% market average.<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=realestateinfinite.wordpress.com&amp;blog=8966706&amp;post=34&amp;subd=realestateinfinite&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>0</slash:comments>
	
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		<title>GIC to buy two S. Korean shopping malls for $177mn</title>
		<link>http://realestateinfinite.wordpress.com/2009/08/15/gic-to-buy-two-s-korean-shopping-malls-for-177/</link>
		<comments>http://realestateinfinite.wordpress.com/2009/08/15/gic-to-buy-two-s-korean-shopping-malls-for-177/#comments</comments>
		<pubDate>Sat, 15 Aug 2009 15:22:52 +0000</pubDate>
		<dc:creator>realestateinfinite</dc:creator>
				<category><![CDATA[Investment Market]]></category>
		<category><![CDATA[Retail Market]]></category>
		<category><![CDATA[Seoul]]></category>
		<category><![CDATA[Singapore]]></category>
		<category><![CDATA[GIC]]></category>
		<category><![CDATA[Government of Singapore Investment Corp]]></category>
		<category><![CDATA[investment]]></category>
		<category><![CDATA[Kim's Club Mart]]></category>
		<category><![CDATA[New Core Outlet]]></category>
		<category><![CDATA[real estate]]></category>
		<category><![CDATA[retail]]></category>
		<category><![CDATA[shopping malls]]></category>
		<category><![CDATA[South Korea]]></category>

		<guid isPermaLink="false">http://realestateinfinite.wordpress.com/?p=28</guid>
		<description><![CDATA[GIC to buy two S. Korean malls New Core Outlet and Kim's Club Mart for $177mn from E-Land Group<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=realestateinfinite.wordpress.com&amp;blog=8966706&amp;post=28&amp;subd=realestateinfinite&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>0</slash:comments>
	
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			<media:title type="html">realestateinfinite</media:title>
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		<title>5 year JV between Unite and Oasis Capital Bank for student housing development</title>
		<link>http://realestateinfinite.wordpress.com/2009/08/12/5-year-jv-between-unite-and-oasis-capital-bank-for-student-housing-development/</link>
		<comments>http://realestateinfinite.wordpress.com/2009/08/12/5-year-jv-between-unite-and-oasis-capital-bank-for-student-housing-development/#comments</comments>
		<pubDate>Wed, 12 Aug 2009 11:22:32 +0000</pubDate>
		<dc:creator>realestateinfinite</dc:creator>
				<category><![CDATA[Investment Market]]></category>
		<category><![CDATA[London]]></category>
		<category><![CDATA[investment]]></category>
		<category><![CDATA[London real estate]]></category>
		<category><![CDATA[Oasis Capital Bank]]></category>
		<category><![CDATA[real estate]]></category>
		<category><![CDATA[Unite student accommodation]]></category>

		<guid isPermaLink="false">http://realestateinfinite.wordpress.com/?p=17</guid>
		<description><![CDATA[A 5 year JV to develop and manage three London student accommodation properties amounting to 1,119 beds in the 2010 pipeline for estimated completion value of £194 million has been established between Unite and Oasis Capital Bank. The JV has appointed Unite to develop three properties and to provide on-going management on completion.
<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=realestateinfinite.wordpress.com&amp;blog=8966706&amp;post=17&amp;subd=realestateinfinite&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
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