ESA, European Space Agency (Paolo Twiting from Space)

Subdivision Tips, South Australia (C: +61431138537), https://www.facebook.com/RealEstateSA5000/

Monday, October 26, 2015

Real estate deal, Argentina

Keep one eye on Sam Zell's "For Sale" sign The U.S. real estate mogul’s Equity Residential is offloading a collection of apartments for $5.4 bln. While Zell got the timing right as a seller in 2007, so did buyer Barry Sternlicht’s Starwood in 2009. The one big difference is Zell’s two extra decades of investing experience. Argentines may risk austerity to get change Presidential elections will go to a runoff after business favorite Mauricio Macri surprised ruling-party candidate Daniel Scioli in Sunday’s vote. Scioli will now say Macri wants to slash social programs. But voters may rather see Cristina Fernandez’s economics as unsustainable. Breakingviews TV: Valeant effort

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