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msokorea.com “There’s so much inventory out there that the buyer can pick and choose,” said Susan Sirles Fidler, a Realtor at Re/Max 10, Oak Lawn. But she cautioned, “The stuff that’s almost free is almost free because it’s going to cost you an arm and a leg to put it back together. It’s not buyer beware as much as buyer be smart.”
                        found at chicagotribune.com.

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Cofinimmo buys Media Corner shares and sells Seven buildings in Antwerp for 71.5 million euro
5 May 2007

One of the biggest Belgian Real estate group Cofinimmo SA  acquired the shares of RTL Group unit Media Corner SA, and announced that they sold seven buildings in Antwerp for 71.5 million euro.

Cofinimmo is the foremost listed Belgian real estate company (Euronext, BEL 20) and one of the largest office property portfolios on the European market.

They bought Media Corner who owns the RTL House in Schaerbeek, Brussels and two development projects in Groot-Bijgaarden, Brussels and Singel, Antwerp, which in total represent an investment value of 137 mln eur, with an average initial rental yield of about 6.3 pct.

The group also said it sold seven buildings in Singel, Antwerp to Tribeca Capital partners for 71.5 mln eur, representing a gain of 17.8 mln eur or 1.80 eur per ordinary share.

Cofinimmo will keep revenues from renting these buildings until October 2007

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Is it possible to buy a home with no credit ? The foreclosure crisis has not hit hard enough. In the US it is still possible to get $1.5 Million in Real Estate with No Credit Checks: Controlling Real Estate without credit checks -- the painless way to secure your dream home or first investment property seems guaranteed! Don't forget to cover your back... Click here for free details

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