Forward Management Introduces No-Load Investor Share Class for Its Select Income Fund
SAN FRANCISCO, Nov. 29, 2011 /PRNewswire/ -- Forward Management, LLC (Forward) has announced the introduction of a new investor share class for the $1.2 billion, Forward Select Income Fund (FFSLX).
E-House to Invest in Century 21 China Real Estate and Become Largest Shareholder
SHANGHAI, Nov. 28, 2011 /PRNewswire-Asia-FirstCall/ -- E-House (China) Holdings Limited ("E-House" or the "Company") (NYSE: EJ), a leading real estate services company in China, today announced that it has signed a non-binding term sheet with IFM Investments Limited ("Century 21 China Real Estate") (NYSE: CTC) and its founders.
Century 21 China Real Estate Announces $25 Million Strategic Investment from E-House and Company Founders
BEIJING, Nov. 28, 2011 /PRNewswire-Asia-FirstCall/ -- IFM Investments Limited (the "Company," "Century 21 China Real Estate" or "CTC") (NYSE: CTC), a leading comprehensive real estate services provider and the exclusive franchisor for the CENTURY 21® brand in China, today announced that it has signed a non-binding term sheet with E-House (China) Holdings Limited ("E-House") (NYSE: EJ), a leading real estate services company in China, and the Company's founders, under the terms of which Century 21 China Real Estate will issue approximately 960 million new Class A ordinary shares to E-House and the founders of Century 21 China Real Estate at $0.0267 per share, or $0.40 per American depositary share ("ADS").
E-House Reports Third Quarter and First Nine Months of 2011 Results
SHANGHAI, Nov. 22, 2011 /PRNewswire-Asia-FirstCall/ -- E-House (China) Holdings Limited ("E-House" or the "Company") (NYSE: EJ), a leading real estate services company in China, today announced its unaudited financial results for the fiscal quarter and nine months ended September 30, 2011.
Third Quarter 2011 Financial and Operating Highlights
Total gross floor area ("GFA") of new properties sold increased by 19% year-on-year to 3.6 million square meters.