South Korea's economic expansion slows Oct 24, 2008
It will spend as much as 8 trillion won ($US6 billion) to revive the construction industry, including buying land and unsold homes. The central bank will make an extra 2. (Sydney Morning Herald -- Business)
Roger Coxs long and winding road leads to Paa-Ko Oct 23, 2008
He also branched out by buying land in the East Mountains and doing a variety of industrial, office and retail projects in Albuquerque. The 1980s real estate downturn led to Paa-Ko. (New Mexico Business Weekly, NM)
Letter: Give 'rescue plan' opportunity to work Oct 22, 2008
The Associated Press recently compared buying these R.E. mortgages with buying land for parks, money for NASA, etc. But their examples were examples where there would be little or no chance of getting the money back although they re worthy projects. (Appeal Democrat, CA)
Peru's Fledgling Ethanol Industry Eyes Growth Oct 22, 2008
Vega stressed Brazilian companies are more interested in providing technologies and entering joint-venture agreements than in buying land. He said they have their sights set on markets in North America and developing ones in Asia. (Planet Ark, United States)
'Not a bailout' Oct 19, 2008
The Associated Press recently compared buying these mortgages with buying land for parks or money for NASA. But in their examples there would be little or no chance of getting the money back, although they're worthy projects. Recently the AP showed a sign in front of Lehman Brothers that included the words, "Who will be next? Will you be next?" This sign's only purpose seems to be to put fear into people. (Fresno Bee -- Opinion)
Letter to the Editor Oct 17, 2008
The proposed program will fulfill those goals by enhancing the quality of our land and water, increasing habitat for wildlife, and - critically - only buying land from willing sellers. I encourage you to flip the ballot and vote yes on Nov. 4. (Daily Iowan, IA)
Land prices drop in Singur Oct 16, 2008
We kept on buying land even Dankuni, 12 kilometres away from Singur. But this time, it didn't pay. (Times of India)
The price of land claims Oct 16, 2008
In the last six months the State has spent over R700-million on buying land for restitution purposes, the Acting Chief Land Claims Commissioner Blessing Mphela said on Wednesday. "The fact that we continue to spend more money on less hectares of land as a result of high land prices is a challenge for the commission," he told a media briefing at Hartebeespoort. (iAfrica.com)
Gays Mills fighting to survive Oct 14, 2008
Another component includes buying land within the village limits, but outside the flood plain. The idea is to give residents who take buyouts dry space to rebuild as well as attract new residents. (La Crosse Tribune, WI)
Rushmont project killed by developer Oct 14, 2008
Shafai was interested in buying land south of the alley along Fifth Street and reconfiguring the Rushmont to fit into that lot as well. The two parties failed to reach consensus on those proposals, Hanks said. (Rapid City Journal, SD)
Uganda: Religious Sect Stores Dead Bodies Oct 11, 2008
By the late 1970's, he reportedly started buying land from individual households in Rakai, until he was able to secure a vast expanse of land. When visiting the place, Saturday Vision found a huge plot which has shrubs and scattered shacks. (allAfrica.com)
Transcript of the African Regional Economic Outlook Press Briefing Oct 11, 2008
The specifics, on what terms they are buying land and whether they are below market or not, I do not know, and so I cannot say what is the possible impact on the people they may be buying the land from, but investments in land are welcome, investments in land to generate productive agricultural production is even more welcome in a context where countries are trying to adjust to a shock from the the food price crisis, and so it is important to expand agricultural production in African countries.... (IMF News)
Delays ahead?: Hamilton Road extension needs railroad's blessing Oct 10, 2008
Costs such as buying land and right-of-way access from current land owners are still undetermined. We cant go forward with that until we know we can cross the railroad tracks, Grovesteen said. (The Pantagraph newspaper)
Editor's Mailbag (Oct. 6) Oct 8, 2008
Buying land to improve our city is one thing, but common sense needs to prevail here. If we have that kind of money to spend, have you not noticed the condition of our streets lately. (Albany Democrat-Herald, OR)
Delta sets aside $2.8 million to buy Lodi land in future Oct 8, 2008
Parises wanted the board to overturn a previous vote to abandon Delta buying land on the Victor Road site, which the college sank 4 million into before waiving the site as an option. Parises, who is retiring at the end of this year, also thought the board should put off a decision until January for distributing the remaining Measure L funds, saying the newly elected board could decide on it. (Lodi News Sentinel, CA)
Bond not about ‘open space’ Oct 7, 2008
Ask yourself is this proposed bond about buying land or facilities with public money for public use. Will all the public money be spent for places we can travel to and use. (Logan Herald Journal, UT)
Memorial set for gorge activist Oct 5, 2008
Russell worked the remainder of her life buying land with her husband, Bruce, or lending money to land trusts to preserve gorge open spaces for future generations. The family suggests remembrances to the Friends of the Columbia Gorge. (OregonLive, OR -- Living)
Endless struggle for land pits rich against poor Sep 25, 2008
Buying land is a complex affair that no industrialist would want to take on. Title deeds in rural India are a nightmare. (Sydney Morning Herald -- Business)
U.S. Foodservice inks deal for Buda distribution center Sep 23, 2008
The Austin Business Journal reported in March that U.S. Foodservice was in talks with both Buda and Kyle about buying land for a facility. It s unclear how much the new distribution center will cost the company. (Austin Business Journal, TX)
Tragedy inspires Haitian orphanage Sep 23, 2008
"We currently rent a house, but have hopes of buying land to build smaller homes, each housing a family unit, adult caretakers and a small number of children," Kennedy said. "When I go down in October, we will be looking at land.". (Middletown Press, CT)
Ontario avoids grapes of wrath Sep 23, 2008
The terroir and climate are Burgundian and, not surprisingly, noted producers from that hollowed wine turf have been buying land and doing co-productions with Canadian vintners. Niagara produces wines of distinction. (Ottawa Citizen)
Rising land prices hit property developers Sep 22, 2008
In fact, many developers feel they dont want to lock up capital at this stage by buying land, as there is a holding cost involved in building land banks ... For developers, land is the main raw material and typically, they have made their money buying land cheap and building and selling homes on it after prices have tripled or quadrupled. (India Times)
Metropole finally ready to deliver Sep 22, 2008
I started buying land in the area in 1998 and, at that time, there was not any mid- to high-rise concrete development, Pannick said. Now, the Metropole s towering glass will cap the northeast corner of 15th and P streets NW, an area lined with cutting-edge and Abdo developments and a Whole Foods. (Washington Business Journal, DC)
MURRIETA: City sells land behind Wal-Mart for $5.2 million Sep 20, 2008
The thinking at the time was that if they didn't, the city would simply sell the land and use the money for other projects in the Redevelopment Area which could include road projects, flood control upgrades, buying land for parks and yes, affordable housing if it was needed. It isn't without challenges because it is essentially split down the middle by a natural seasonal stream. (North County Times)
Big builders growing land holdings Sep 18, 2008
Builders are buying land from banks that have taken back property, or are buying from developers who have lowered prices. The activity, however, is nowhere near the frenzy of the early to mid-2000s, said John Cowart, president of , a land developer. (Atlanta Business Chronicle, GA)
Work on reservoir dam to start next November Sep 17, 2008
Contractors also are beginning to make progress buying land for the reservoir after a slow couple of months, said project manager Jimmy Parker of Precision Planning Inc.. The counties so far have bought 12 large properties that make up nearly a quarter of the reservoir land. (Athens Banner-Herald)
Paddling Back in Time Sep 14, 2008
For years, he concentrated on rallying conservation groups around the common goal of buying land and easements - an effort that over the years created a patchwork of 2. 3 million acres of protected land. (Boston Globe)
Rural feel, yet destined to growBalance a key issue among Pinal sheriff, supervisor candidates at forum Sep 14, 2008
Rios said that he has always been opposed to municipalities from other counties "stealing our water by buying land here.". He said that as a legislator he had tried to put a stop to it. (Casa Grande Valley Newspapers, AZ)
The Jewish vote Sep 13, 2008
At Victoria Beach near Winnipeg, Jews were prohibited from buying land or even swimming in the lake. Most disgracefully, European Jews were turned away as the Second World War began. (Globe and Mail)
Vegas-based water company runs string of ranches Sep 13, 2008
After spending almost $79 million buying land, some have predicted that the authority could one day own all the private property in Spring Valley. The water authority's Mulroy won't rule that out, but she doesn't think it will be necessary. (Fresno Bee -- State)
China remains major real estate powerhouse Sep 10, 2008
China is an opportunity of a lifetime and we are buying land for future projects. Hang Lung allocated US$5bil for projects in China and it had already nine projects under way, he said. (The Star Online, Malaysia)
Land-for-land deal may cost farmers dear Sep 9, 2008
Sensing trouble in the process of buying land from farmers below the highest rate, the Trinamool Congress MLA has left it to the government to buy land in the vicinity. "We won't scout for land. The government will have to find a plot and buy it," the MLA said. (India Times, India -- Community News)
As Pentagon tribute opens, others years away Sep 8, 2008
In Pennsylvania, the National Park Service is still buying land for a 2,200-acre memorial to the 40 crewmembers and passengers of United Flight 93 who tried to overpower four hijackers before their jet crashed. Hundreds of small memorials to the victims of Sept. 11 have appeared across the country, some within months of the attacks. (USA Today)
Navy now area's big housing developer Sep 5, 2008
Ramsay acknowledged that with a depressed housing market, it's a good time to be buying land. He wouldn't speculate on how much cheaper the land will be than if Balfour had bought at the peak of the housing bubble. (Jacksonville Business Journal, FL)
The People vs. the People's Car Sep 4, 2008
Because it's attached to a globally watched product, the Tata Nano controversy may push the Indian government to rethink its policies on buying land. But there are no plans so far to increase the size of the SEZs to make them more effective. (Time.com)
Govt plans to farm land abroad Sep 3, 2008
The government-run State Trading Corporation (STC) has also evinced interest in buying land overseas, the sources said. Oil companies are also exploring purchase of land in south America to produce raw material for ethanol. (India Times, India -- Intl Business)
Consider Stocking Up on Land Aug 30, 2008
Buying land is no slam-dunk. An investor must be able to judge which land is most apt to deliver a profit down the road and be able to hold onto the property long enough to benefit. (Realtor Magazine Online)
Los Banos Bypass project broken into thirds Aug 29, 2008
The agencies involved are buying land to build that stretch, and they hope to break ground in 2013. The second half would stretch from 165 west to Volta Road. (Modesto Bee, CA)
Wente Vineyards at 125 years Aug 29, 2008
Elsewhere could have been in the Arroyo Seco appellation of Monterey County, where Karl L. Wente began buying land in the early 1960s. At one point in the mid-1960s, Karl L. Wente and his father, Ernest Wente, thought the Livermore Valley would become fully developed with housing, Eric Wente said. (East Bay Business Times, CA)
Virtual Worlds Get Real About Punishment Aug 22, 2008
Avatars can create their own societies and carry out realistic activities, such as buying land, building houses and forming social groups. But as the worlds' populations grow, some have developed more sophisticated legal codes and justice systems to police members' behavior. (Washington Post -- Technology)
1st big foreclosure hits Triangle Aug 22, 2008
My development clients are just being smarter today about the moves they make with their builder teams, buying land. It s what you got to do, Barefoot says. (Raleigh Triangle Business Journal, NC)
Judge allows Mayport lawsuit Aug 15, 2008
The Jacksonville Port Authority has been buying land in Mayport Village for possibly relocating the cruise ship terminal near the Dames Point Bridge. The land by the bridge has emerged as the top spot where Hanjin Shipping Co. Ltd. of South Korea could build a cargo terminal. (Florida Times-Union)
Liberia: Govt to Evict Illegal Land Owners Aug 14, 2008
The buyers themselves should also beware of buying land for example in the heart of the city especially this late day and time. You can not easily find free land in the heart of most Liberian cities. (allAfrica.com)
Judge dismisses charges against Doug Andrews Aug 14, 2008
Sonnenschein had received 47,419 from Andrews in return for buying land from Andrews' clients in the Rapid City area, according to court documents. Sonnenschein is required to give the money to the court. (Rapid City Journal, SD)
One contractor bids on Ronald Reagan Parkway extension Aug 13, 2008
The county's proposal calls for the contractor to take on the full expense of buying land for the route and building the road in exchange for being allowed to charge tolls to recoup its expenses and profit. So far, there's no public estimate of cost or what the toll would cost. (Atlanta Journal-Constitution -- Metro)
Bucs see progress on Dominican facility Aug 13, 2008
PITTSBURGH -- Six months after buying land in the Dominican Republic, the Pirates announced on Tuesday that work on their 43-acre Latin American training facility is progressing at an impressive rate. Located in the municipality of El Toro in the Dominican Republic, the complex's design and leveling of the playing fields is beginning to take shape, as well as installation of irrigation systems and fencing. (MLB.com -- Pittsburgh Pirates)
FutureGen land buy adds up to $6.5M Aug 7, 2008
As options for buying land at the proposed site for the FutureGen power plant west of Mattoon begin to expire this month, the alliance and Coles Together will sign agreements to secure the more than 400-acre site near Dole Road, Coles Together President Angela Griffin said Wednesday afternoon. At the 6. (Mattoon Journal-Gazette, IL)
Battered Beazer insists future bright Aug 5, 2008
"They got started late in terms of entering the growth phase and buying land," he said. But bankruptcy, he said, is unlikely because Beazer can simply give troubled communities to the banks in order to keep going. (Atlanta Journal-Constitution)
Timeline: South Africa Aug 5, 2008
1913 - Land Act introduced to prevent blacks, except those living in Cape Province, from buying land outside reserves. 1914 - National Party founded. (BBC News -- Africa)
Growth to necessitate more schools Jul 31, 2008
The Columbia County school system's need for new facilities shows no signs of letting up anytime soon. Superintendent Charles Nagle says the county will need two more elementary schools and an additional middle school by 2012-13. (The Augusta Chronicle)
BankAtlantic's Levan optimistic Jul 31, 2008
When the homebuilders start buying land again, we anticipate selling this land to them, Levan said. And, at the moment, it s just a waiting game until the market comes back and prices become realistic again. (South Florida Business Journal, FL)
Abkhazia Prepares for Olympics with a Little Help from Its Friends Jul 30, 2008
Russian companies, meanwhile, are buying land for development not only in Gagra, but also in the nearby seaside resort town of Pitsunda. Temporary villages for some 20,000 Sochi Olympics workers are also on the drawing board for outside Gagra, Baratelia added. (EurasiaNet.org)
West Windsor mulls rezoning for COAH Jul 30, 2008
Local officials believe that re zoning the properties for mixed use would protect West Windsor from footing the bill for buying land and building affordable housing itself. Since new Council on Affordable Housing (COAH) rules have limited the fees that developers can collect to 2. (NJ.com -- Times)
4 Fla. real estate investors charged Jul 29, 2008
Authorities said Husani completed seven real estate transactions in Manatee and Sarasota counties, buying land for a total of $42. 5 million and reselling it to his partners for $117 million. (The Palm Beach Post)
Public invited to weigh in on new tax Jul 28, 2008
As it accumulates, the district will only use it for growth-related projects such as buying more modular buildings, expanding existing schools or buying land for new school sites, Allen said. If you go. (Corvallis Gazette Times, OR)
Texas to Tel Aviv Jul 27, 2008
So his company, Mesa Power, is now building the world's largest wind farm in the Texas Panhandle, where he's spent $2 billion buying land and 700 wind turbines from General Electric - the largest single turbine order ever. The United States could secure 20 percent of its electricity needs from wind alone. (International Herald Tribune -- Ed/Op)
Valley Center plan scrapped Jul 24, 2008
Its sudden appearance and Supervisor Bill Horn's ties to a developer buying land in the area also raised suspicion. What's changing: The Board of Supervisors agreed the update didn't go through proper channels and voted Wednesday to strip the update from the county's general plan overhaul. (San Diego Union-Tribune)
Donald Trump Jr. Plans $1 Billion Fund for Indian Real Estate Acquisitions Jul 22, 2008
It will allow companies such as ours to justify buying land. It's a good opportunity for us. (Bloomberg -- Asia)
News from around Delaware County Jul 22, 2008
- LOIS PUGLIONESI Upper Providence Township buying land Council has started the process of crafting an ordinance enabling the purchase of about 10,000 square feet behind the township building. The price of $180,000 is less than the appraised value, township Manager Anthony Hamaday said. (The Delaware County Times, PA)
Normal Council to decide if savings is enough to continue water feature Jul 21, 2008
Besides buying land for the building, the company bought property along Kingsley Street for parking. . (The Pantagraph newspaper)
Protecting workers' rights abroad should begin at home Jul 18, 2008
Moreover, success stories -- of TKW building new houses in their home villages, or buying land and saving enough money to start their own businesses -- have appealed to those still in search of work. Finally, Saudi Arabia's closed society makes acknowledgment and prevention of domestic worker abuse difficult, particularly when it comes to TKW reporting cases of rape. (Jakarta Post, Indonesia -- Editorial)
‘Phenomenal' rights sale sets stage for exploration push in B.C. Jul 18, 2008
Buying land at $33,000 a hectare, that has never happened in North America that we are aware of, he said. It is phenomenal. (Globe and Mail -- Business)
New pressures force U.S. farmers south of the border Jul 16, 2008
Grain farmers from the Midwest have also been expanding into Latin America, buying land in the frontier "cerrado" of Brazil, one of the largest tracks of arable land in the world ... Analysts say the fastest trend is agribusiness investment, both from traditional multinationals and investors from all over the world who are buying land to grow grains, sugar, and cotton, and positioning themselves as players in a biofuels market a trend that has sparked some nationalist sentiment in Brazil. (Christian Science Monitor)
Toyota plans plant in Brazil Jul 16, 2008
Toyota is buying land for the new plant in the city of Sorocaba in the Brazilian state of Sao Paulo, near the two other plants. 2008 Associated Press. (FOX23 News, NY)
Brazil Seeks to Rein in Foreign Influence in Amazon Jul 16, 2008
Some legislators are concerned about foreign businesses buying land in the Amazon. "The growing acquisition of land by foreigners in the Amazon is a threat to our national security, we need to impose restrictions now," Sen. (Planet Ark, United States)
