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Article: BRIEFING - ASIA REAL ESTATE - JUNE 2, 2009.

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AsiaPulse News
Article date:
June 2, 2009
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An executive briefing on real estate for June 2, 2009, prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, commercial intelligence and business opportunities.

LOW RATES, GRANTS LIFT AUSTRALIAN BUILDING APPROVALS IN APRIL

SYDNEY - Australian building approvals rose for a third consecutive month as home buyers took advantage of low interest rates and federal government grants, economists say.

But rising unemployment will stifle demand for new housing by the end of 2009, economists believe.

NOMURA REAL ESTATE LIKELY TO RAISE US$663.2 MLN VIA STOCK OFFER

TOKYO - Nomura Real Estate ...

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