Habitat & Economy Two years after the sale of 48.000 ThyssenKrupp dwellings to a German-American financial consortium the troubled tenants have a new owner again: 45.500 former company flats will be transferred to “Foncière Développement Logements”, a French Real Estate Investment Trust (REIT, SIIC). >> Read more
Habitat & Economy @ habitants.de --- 4 articles found --- Click on the titles --- EVENT: Wed, Jun 06 2007 02:30 PM, Rostock, MS Stubnitz, Stadthafen Freedom of investment and habitat/housing: Global financial markets, privatisation, investments with Sebastian Müller, Andrej Holm and Knut Unger (WG Habitat Forum Environment and Development, INURA, tenants' associations), R. M., (Local Organizers of Community Organizations in Asia - LOCOA/India), Vesna Tomse (urban.lab, Zurich), Wade Rathke (Association of Community Organizations for Reform Now - ACORN/USA), Alfredo Rodriguez, (SUR/Chile), Ana Sugranyes, (Habitat International Coalition - HIC General Secretary) and others... Wed, Jun 06 2007, 02:30 PM - 04:30 PM Uhr Rostock, MS Stubnitz, Stadthafen >> Read more INURA Sat, May 26 2007 Transformation, survival and emancipation in a world city: regeneration or business as usual? London was one of the cradles of capitalism and - as the base of British government and a host of consultants and financial institutions - has played a leading role in the intensified renewal of the capitalist project in Europe and the world since the 1980s.
The 17th Inura meeting will focus less on the big global processes and more on the experience of citizens in a city-region experiencing rapid economic growth distributed very unequally. >> Read more Habitat Netz Sun, Oct 15 2006 US-Bank sells 40.000 German housing units to French REIT Two years after the sale of 48.000 ThyssenKrupp dwellings to a German-American financial consortium the troubled tenants have a new owner again: 45.500 former company flats will be transferred to “Foncière Développement Logements”, a French Real Estate Investment Trust (REIT, SIIC). >> Read more HIC Thu, May 11 2006 REITs [Real Estate Investment Trust] create rental refugees In their coalition agreement, the Berlin grand coalition basically advocated for stock market speculation via introduction of tax-free German Real Estate Investment Trusts, also known as REITs. But delegates of SPD’s [Social Democratic Party] left wing cry foul now. REITs could result in losses of trillions and create the destruction of Germany’s social housing structures. In the US, REITs make money by turning renters into refugees and by demolishing [mostly] HUD subsidized apartment complexes. >> Read more | 
