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ProLogis Bids A$1.24 Billion for Macquarie ProLogis (Update3)

ProLogis will pay A$1.43 per share, 12 percent more than the last price before trading was halted yesterday, according to a statement from the Denver-based company today.

ProLogis will add A$2.1 billion of real estate assets owned by Sydney-based Macquarie ProLogis, which counts Unilever Plc and Black & Decker Corp. among its U.S. tenants. The deal comes after Blackstone Group LP bought Equity Office Properties Trust for $39 billion in February as rents rise and vacancies fall.

``Explosive demand for real estate in the U.S. has hurt the trust's ability to buy assets,'' said Justin Blaess, who manages $2 billion of property stocks at ING Investment Management in Sydney. ``Investors have also been wary because the stronger Australian dollar has cut local dollar-denominated returns.''

The Australian dollar has increased in value by 4.6 percent against the U.S.


Neft-Active won an auction on YUKOS property having offered 1.032 ...

Neft-Active won an auction on YUKOS property having offered 1.032 bln rub at initial price 992.313 mil rub, said RFFI, auction arranger.

Neft-Active represents Rosneft's interests, said Rosneft to AK&M.

Also the auction participants were Accord ltd, MorTransInvest ltd. The companies made four steps all together.

The purchased board lot includes shares of Manoil, Yuganskoil, ROSNefteTrans- regional union of Oilprovision and Transportation CJSC.

Also the board lot included Yuganskneftegeophisica-GEOPHIMP Ltd, Nefteyugansk oil research and design institute ltd, Property-Service-Nefteyugansk ltd, YYuganskEPUservice ltd, MamontovEPUservice, EuroKoop ltd.


"AK&M", 18/04/2007

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Escala's Bowers and Merena Division Sets Records with $7.2 Million ...

NEW YORK-(Business Wire)-April 11, 2007 - Escala Group (Pink Sheets:ESCL), a global collectibles company in stamps, coins, and art and antiques, today announced the aggregate sales results for its most recent auction conducted by Bowers and Merena Auctions of Irvine, California, part of Escala's Spectrum Numismatics division. As the official auction of the Baltimore Coin and Currency convention, the Bowers and Merena auction generated a total of $7,231,480 in winning bids in two days, March 22 and 23, 2007.

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Dubai Autism Center silent auction launches at Dubai International ...

Under the patronage of HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, President of the Dubai Executive Council and Chairman of the Dubai Autism Center the Together Again campaign, running throughout the month of April in support of the Dubai Autism Center, got a further boost with a silent auction at Dubai International Financial Center.

More than 100 pieces of art, created by the children at the Center, are on display and are available for bidding. The auction will run until April 30th, when the highest bidder for each of the artworks will be announced. People interested in supporting the Dubai Autism Center can bid privately at auction@dubaiautismcenter.ae. Mohammed Al Emadi, Director General - Board Member for the Dubai Autism Center, said: "Given the correct treatment and education, autism can be managed so that those affected can pursue typical lives.


The Oppertunity Auctions Supply Deliver

Bangor, Apr 19, 2007 -- /prbuzz/ -- PA Archer Solutions Inc. Today is informing the general public of a new review site about the value auctions have and must not be overlooked. Many economic forecasters are predicting an increase in foreclosures, government seizers and police impounds over the next couple of years. While it's not likely to be a uniform rise, there are some issues that could create significant opportunities for many investors in many different markets. Tens of thousands of dollars can be saved on the purchase of homes, cars jewlery etc.. by investinng in either a foreclosuer, or property auctions. When trying to purchase a home or car, especially for the first time, it is important for potential buyers to get the most "bang for the buck". This requires special knowledge and guidance.



 

 

 

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