Real Estate

British Land Reports Third-Quarter Profit as U.K. Property Values Recover British Land Co., the U.K.’s second- largest real estate investment trust, reported a third-quarter profit after commercial property values recovered.

Unibail-Rodamco Sees Little Profit Gain as the Recession Curbs Rent Growth Unibail-Rodamco SE, Europe’s largest shopping-center owner, said profit will barely increase this year as fewer new properties and the recession curb growth in rental income.

Holders of Billions in Czar Bonds Sue to Recovery Kremlin's Paris Property A group representing French holders of czarist bonds says it will sue Russia in a bid to seize Paris property bought by the Kremlin and reclaim part of a century-old debt valued at as much as 100 billion euros ($137 billion).

Lehman Brothers Examiner Files Sealed Report Probing Barclays, JPMorgan An examiner probing Lehman Brothers Holdings Inc.’s 2008 failure filed under seal his report investigating whether banks such as JPMorgan Chase & Co. and Barclays Plc triggered or improperly benefitted from Lehman’s $639 billion bankruptcy.

China's January Surge in Lending Probably Exceeded Fourth Quarter's Total China’s banks probably made more new loans in January than the previous three months combined as lenders anticipated a credit clampdown by policy makers seeking to stem rising inflation pressures.

U.K. Retail Sales, Homebuyer Demand Suffer as Winter Freeze Hits Consumers U.K. retail sales climbed in January at the slowest annual pace in at least 15 years, and enquiries to buy homes dropped as winter weather hurt consumer spending, surveys showed.

LaSalle to Partner With Australian Developers, Looks to Take More Risks LaSalle Investment Management, a division of the world’s second-largest commercial real estate brokerage, plans to partner with Australian developers and take on more risk to invest in the nation’s property market.

Las Vegas Airport Borrowing for Terminal for Second Time in Four Weeks Nevada’s Clark County, operator of the seventh-busiest U.S. airport by passenger traffic, is back in the municipal bond market for the second time in four weeks to help finance a $2.4 billion new terminal project.

China Property Slump Signals Stock Losses Will Double: Technical Analysis The Shanghai Composite Index may retreat another 8.6 percent, almost doubling its losses so far this year, after a gauge of property stocks sank to a nine-month low, according to WJB Capital Group Inc.

Brazil's Gafisa to Sell $533 Million of Stock to Fund Growth in Projects Gafisa SA, Brazil’s second-largest homebuilder, plans to raise about 1 billion reais ($533 million) by selling shares to double construction this year.