Subject: International (INTL)

February 8, 2000 Associated PressTOKYO – A real estate firm managed by singer Masao Sen filed for liquidation with the Tokyo District Court last Friday, citing liabilities of about 103.4 billion yen (US$951 million), according to credit research agency Teikoku ...

The Beverly Hills, Calif., real estate firm, which already buys nonperforming loans and large buildings in Japan, is making a pitch to buy smaller buildings in the country.

February 3, 2000Associated PressTOKYO (Kyodo) – Supermarket chain operator Jusco Co. plans to securitize five planned stores in order to finance their construction.If Jusco succeeds in its plan, it would be the first Japanese company to finance the construction of ...

January 13, 2000 Associated PressFRANKFURT, Germany – More than 200 German prosecutors and police searched offices and homes Thursday connected to an investigation into troubled construction company Philipp Holzmann AG. In addition to Holzmann offices, prosecutors searched the offices of ...

Despite predictions of a ramp-up in new deals, a lack of remaining properties and a dearth of development will likely keep new issuance in the UK at last year's levels.

The investment bank is preparing three deals, two involving Japanese assets and a third involving British assets. If they go well, more may follow later.

January 4, 2000 Associated PressBERLIN – As part of a strategic shift toward e-commerce, German retailer Metro AG said Tuesday it sold retail properties with a book value of 5.4 billion marks (US$2.8 billion) at the end of 1999. The ...

January 3, 2000 Associated Press/ASIA WorldSources Inc.The economic crisis changed the landscape of the Thai property sector. And though many ailing firms permanently disappeared from the property market, some remain. Through asset sales, debt restructuring and the inducement of foreign ...

December 23, 1999 Associated Press, ASIA WorldSources Inc.BANGKOK – A false sense of optimism has crept into the Bangkok property market, warns Martello Holdings, the international real estate restructuring and investment advisory group. "What we need is realism and not ...

National Australia Bank provided a five-tranche financing allowing a newly formed Australian unit of Lend Lease to complete its purchase of a stake in a portfolio of office buildings from Equity Office Properties.