Simon Property Group Announces Date For Its Third Quarter 2020 Earnings Release And Conference Call

INDIANAPOLIS, Oct. 19, 2020 /PRNewswire/ — Simon, a real estate investment trust engaged in the ownership of premier shopping, dining, entertainment and mixed-use destinations, today announced details for its third quarter 2020 earnings release and conference call. 

Simon’s financial and operational results for the quarter ending September 30, 2020, will be released after the market close on November 9, 2020.  The Company will host its quarterly earnings conference call and an audio webcast on November 9 at 5:00 p.m. Eastern Time

The live webcast will be available in listen-only mode at investors.simon.com.  Interested parties can join the call by dialing:

  • 1-888-528-4228 United States participants
  • 1-704-935-3408 Participants outside the United States
  • The conference ID for the call is “7809309.”

An audio replay will be available from approximately 8:00 p.m. Eastern Time on November 9, 2020 until 8:00 p.m. Eastern Time on November 16, 2020.  The

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Indian developer RMZ sells real estate assets to Canada’s Brookfield for $2 bln

Oct 19 (Reuters)Privately held Indian developer RMZ Corp has sold 12.5 million square feet of its real estate assets to Brookfield Asset Management Inc BAMa.TO for $2 billion, the Canadian asset manager said on Monday.

The deal, which was reported earlier by Bloomberg and The Hindu newspaper, includes divestment of RMZ’s co-working business CoWrks, a Brookfield spokeswoman confirmed in an email.

RMZ will have zero debt after the deal that involves its rent-yielding offices and co-working spaces. It will use the money to expand its portfolio.

“The deal marks the largest-ever deal in the Indian real estate industry,” RMZ said in a statement.

The company will divest a part of its core portfolio across Bangalore and Chennai, it said.

The commercial real estate asset portfolio of RMZ is valued at about $10 billion, according to The Hindu newspaper of India.

The deal involved a sale of 18% of

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What Is the Best Month to Buy a House?

The novel coronavirus has caused unprecedented economic convulsions, including disruption in the normal patterns of homebuying in America. A combination of uber-low mortgage interest rates and diminishing supply have forced average real estate prices to record highs in many markets, while changing work lives and a desire for more space are helping drive new and existing homeowners out of cities and into the suburbs and beyond.

But when a new normal does return to the real estate market, that normal can be expected to include some of the imperatives that have driven the U.S. homebuying market all along — the school year perhaps at the top of the list.

While each market is different and in a state of flux to varying degrees, there’s definitely some conventional wisdom the house hunter should take into consideration, whether you’re looking at investment property to flip, for income, or a place to live.

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Torched Porsche 911 Reimagined by Singer for Sale on Copart

We’ve seen some pretty interesting cars pop up at salvage car auction site Copart in the past, but this has to be the most gut-wrenching. It’s a Porsche 911 reimagined by Singer that looks to have been burned to a crisp. Ouch.

The car was first discovered by Jason Saini on Facebook, and is listed on Copart as a 1969 Porsche 911T. This seems to be a mixup on Copart’s side, as all 911s reimagined by Singer are based on newer 964-generation cars—a ’93 Carrera 2 with pictures of a different 911 listed at the same location seems to have the correct description and value estimate. We’ve contacted the auction site to confirm the description switch.

One look at the gallery and it’s obvious this car was, at one point, a beautifully restored wide-body 911 with lots of expensive carbon fiber and bespoke parts.

How can we tell it’s really

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Duluth housing market continues surge, prices hit new record



a large brick building with grass in front of a house: A Tudor house in the heart of the Congdon Park neighborhood in Duluth is for sale.


© Star Tribune/Star Tribune/ALEX KORMANN • [email protected]/Star Tribune/TNS
A Tudor house in the heart of the Congdon Park neighborhood in Duluth is for sale.

DULUTH – Local home sale prices hit another record high in September, a month that usually sees real estate activity start to quiet down but the number of monthly closed sales remained near decadeslong highs.

The median sale price in the Duluth area reached $205,000 last month, up nearly 20% from a year ago, according to the latest report from Lake Superior Area Realtors.

Still, the number of homes hitting the market remains low, which is a major factor in driving prices up. Realtor Tom Acton warned the current market won’t last forever.

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“There is a shortage of housing, which we didn’t have last year, and it’s getting worse,” said Acton with RE/MAX Results in Duluth and Superior. “I don’t think this market is

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Brookfield Makes Massive $2 Billion India Real Estate Investment

Canadian asset manager Brookfield Asset Management (NYSE: BAM) is doubling down on its investments in India through a $2 billion real estate deal, its largest-ever purchase in the South Asian country.

Brookfield will buy 12.5 million square feet of commercial real estate assets from privately held developer RMZ Corp. The purchase includes rent-yielding office space and commercial co-working space.

A group of skyscrapers, seen from below.

Image source: Getty Images.

A growing presence

Brookfield already operates about 22 million square feet of office space in India. In September, it announced plans to raise up to $600 million by publicly listing its real estate investment trust (REIT), Brookfield India Real Estate Trust. That listing is expected to occur in December or early January.

And it’s not just commercial real estate: A group led by Brookfield’s subsidiary Brookfield Infrastructure (NYSE: BIP)(NYSE: BIPC) recently purchased a group of 135,000 Indian telecom towers from Reliance Jio Platforms in a

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Two criminals held for murdering liquor contractor in G’gram

The Gurugram Police claimed to have arrested two key accused including a wanted criminal in connection with the murder case of a liquor contractor on September 2 of this year..

The accused had allegedly gunned down the contractor over an old rivalry at Jatauli Mandi village in Pataudi on September 2, the police said on Monday.

The arrested accused have been identified as Ujjawal and Jeevan both are residents of Gautam Buddh Nagar district in Uttar Pradesh.

The Haryana police had announced a bounty of Rs 5,000 on Ujjawal’s arrest.

In connection with the incident the police have arrested 7 criminals on September 10.

A team of crime branch Farrukhnagar led by Inspector Indravir nabbed both the criminals from Wazirpur bus stand after a tip-off.

During the interrogation, the accused revealed that Abhishek of Jatauli village along with his fellow gang members had planned the murder Indrajeet on August 30.

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Toni Morrison’s Manhattan Condo Asks $4.75 Million

The downtown Manhattan apartment that belonged to the late Pulitzer and Nobel Prize-winning author Toni Morrison has hit the market for $4.75 million.

Described in the listing as the “loft of a legend,” the three-bedroom spread in Tribeca was listed for sale on Friday.


Morrison, a celebrated novelist and essayist whose work explored black identity in the U.S., “really made it feel like a cozy home,” listing agent Amanda Brainerd of Brown Harris Stevens told Mansion Global. “It’s very warm and inviting, and a bit of a bookish oasis.”

The 2,319-square-foot apartment is lined with bookshelves that extend from the home’s wooden floors to its ceilings and during her tenure, Morrison opened up the third bedroom into the living room to create a writing room-meets-library.

“The entire apartment was designed for comfort and contemplation,” Ms. Brainerd said, “for curling up with a good book or writing.”

The home also has

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Fuel Cell Market | Development of Zero Energy Homes to Boost the Market Growth

The fuel cell market is expected to grow by 2280.21 MW during 2020-2024. The report also provides competitive insights into the market impact and new opportunities created due to the COVID-19 pandemic. According to the latest market research report by Technavio, the impact is going to be significant in the first quarter. It will eventually lessen the subsequent quarters – with a limited impact on the full-year economic growth.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201019005617/en/

Technavio has announced its latest market research report titled Global Fuel Cell Market 2020-2024 (Graphic: Business Wire)

Request challenges and opportunities influenced by COVID-19 pandemic – Download Free Sample Report on COVID-19 Impacts

As per Technavio, the rising incentives to increase adoption of fuel cell vehicles will have a positive impact on the market and contribute to its growth significantly over the forecast period. This research report also analyzes other

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how much will it cost citizens?

When longtime King William resident John Schlosser received his reassessment notice in the mail, he couldn’t believe it.

His Central Garage home’s fair market value had increased by nearly 50% from the previous 2014 reassessment. When he asked his neighbors, they reported similar findings.

“I expected them to be higher,” Schlosser said. “But to see such a high number is quite questionable.”

Schlosser is not alone. As reassessment notices filled county mailboxes, owners have reported seeing anywhere from 25% to 110% increases to their properties. Likewise, some residents have seen their properties depreciate.

It’s left many residents wondering why there is a jump and how much will it cost the citizens.

“I am a single woman and I just can’t afford these huge hikes,” resident Charlotte Webb said.

Will property taxes reflect the increase?

While folks are seeing drastic changes to their fair market values, they more than likely won’t

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