Thursday, July 27, 2006

FW: Sri panwa Newsletter----Land At tg Pungai!

Dear Khun DANIEL, Welcome back, friends & neighbors, into Sri Panwa's busy world. It has been a few months since we last spoke and we have much to share. There are the obvious events to speak about; such as hotel updates and villa sales… as well as a few visits that even surprised us! Our residential villas are going fast, we have sold 8 more. The villas ranging from one bedroom to five bedrooms have now vanished from the market. We now have new neighbors from South Africa, France, England & Thailand. Welcome to Sri Panwa! We're sure you will enjoy the view from the top and the top of life here. With Warmest Regards, Wan Vorasit Issara Phra Thanissaro Our “Dream Maker”, Khun Songkran, just recently completed a month long journey through monk hood. He entered his monk hood on the 3rd of June, the entering was made at Wat Cholaprathan Yuwaraj Rangsarit. The Abbot who is a high rank monk, Than Panya Nandha Bhikkhu aged 94, was so kind to preside over the ceremony. Phra Thanissaro (Khun Songkran's monk name) took only one meal a day and spent most of his time meditating in a peaceful forest premise of the monastery in upcountry. In Thai beliefs, to enter a monk hood once in your lifetime is the optimum merit for a man. All close relatives and friends who attend the entering ceremony would also be blessed because of this good intention and good deed. His cup has been fulfilled and his battery had been charged full. Welcome back, Sir! www.charnissara.co.th Email: lifestyle@sripanwa.com Phone: +66 76 371-000

Monday, July 17, 2006

Maple Tree: MREAM Fund : Mezzanine Financing

Welcome to Mapletree Mapletree Real Estate Mezzanine Fund I Institutional investors who are seeking a consistent and high current yield will welcome news that Mapletree is planning to launch an Asia-wide property-linked financial products fund to be called Mapletree Real Estate Mezzanine Fund I ("MREM I"). Unlike existing REITs, this closed-end fund will invest unitholders' investments in property-linked financial products, such as high-yield loans, mortgage-backed securities and other REITs, both in Singapore and across Asia. Mapletree will manage MREM I and will be a major investor in the fund. Mapletree is presently raising third party institutional capital for MREM I and will close the fund in late 2004 or early 2005. Regional and Country-Specific Property Funds In addition to MREM I, Mapletree will create other regional and country-specific property funds catered to institutional investors who are looking for exposure into the property sector. In all cases, Mapletree will take on an active fund and asset management role and be a major investor. Being one of the major investors in the funds demonstrates Mapletree's long term commitment to the funds and aligns the manager's and third party institutional investors' interests.

Monday, April 03, 2006

RealEstateJournal | Real-Estate Investment Trusts Rally Again, Defying Predictions

RealEstateJournal | Real-Estate Investment Trusts Rally Again, Defying Predictions: "Real-Estate Investment Trusts Rally Again, Defying Predictions By Jennifer S. Forsyth From The Wall Street Journal Online It seems to defy common sense: Real-estate stocks continue to rally -- even as interest rates rise. Eighteen months ago, many investors began to sell off their real-estate holdings amid warnings that the property market might have peaked. But real-estate investment trusts -- tax-advantaged investment companies whose shares trade on major exchanges -- have continued to outperform the market. This year alone, the Dow Jones Equity REIT Index is up almost 13%, compared with a gain of almost 4% for the Standard & Poor's 500-stock index. It's the fastest run out of the starting gate for REIT stocks in six years, according to SNL Financial, a research firm in Charlottesville, Va. 'The run-up in REIT prices has certainly been surprising, even to boosters of the industry like us,' says T. Ritson Ferguson, chief investment officer for ING Clarion Real Estate Securities, a Radnor, Pa., investment-management firm. The rally has partly been driven by mutual funds and other big investors, some of whom bailed on the sector 15 to 18 months ago and are now buying the stocks again, egged on by recent improvements in the outlook for almost every sector, particularly hotels and offices. REITs have been helped by fund managers and other investors who missed the big run-up and now fear that not owning them is hurting performance records. Some money managers, having been wrong once before, are reluctant to tell small investors to bail out of the sector. Others factor in an individual's total exposure to real estate -- including homes and investment properties -- to determine whether that person s"

Wednesday, July 27, 2005

Friday, May 27, 2005

09/22/97 THE NEW WORLD OF REAL ESTATE: "INCREDIBLE BARGAINS.

That was the catalyst that revolutionized the industry's financing. Seeing an opportunity, real estate financiers paired with Wall Street firms to form ''vulture funds'' that bought up distressed properties. Led by Goldman, Sachs & Co., they picked up bargains at what now seem incredibly low prices. For his efforts, Zell, partnering with Merrill Lynch & Co., earned the moniker ''the grave dancer.'' Crushed by debt, cash-strapped developers had no choice but to turn to the public equity market. In late 1991, Merrill Lynch launched a new era for REITs by raising $130 million in an initial public offering for mall developer Kimco Realty Corp.--the first integrated operating company to come public as a REIT. Soon after, Taubman Centers pioneered a new twist on the REIT format called an ''umbrella partnership,'' or UPREIT, which let entrepreneurs exchange buildings for stakes in a parent company that was then sold to the public. That opened the floodgates, allowing private developers to obtain liquidity without having to pay capital-gains taxes. By 1993, REIT offerings hit a record high, with 50 REITs going public, raising a total of $9.3 billion. Also stepping into the capital vacuum were innovators such as Nomura Securities Co.'s Ethan Penner, who almost single-handedly jump-started the commercial mortgage-backed securities market."