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	Top Stories for the Week of October 16, 2006	Print Full Issue
	Click Here For Regional Coverage PNC Bank Buying Mercantile for $6B PITTSBURGH-PNC will add 240 branches, pushing its Mid-Atlantic footprint to 812 locations in six states and nearly 1,100 overall. Real Estate Journalist To Head GlobeSt.com's NE Bureau NEW YORK CITY-Katie Hinderer has been selected to oversee the website's Northeast news content. Pirelli Buys German Holdings for Nearly $2B HAMBURG-The acquisition of DGAG effectively gives Pirelli access to a residential portfolio valued at euro 1.1 billion ($1.4 billion) and a retail/office portfolio worth about euro 330 million ($415.9 million). Three Team for $2B Casino Bid in Singapore SINGAPORE-Eighth Wonder forms a last-minute partnership with Australia's Publishing and Broadcasting and Hong Kong’s Melco International Development to bid for Singapore's second casino resort at Sentosa. Behringer Harvard, HCI Roll Out $1B-Plus Plan DALLAS-Behringer Harvard treks into Europe with a Germany-based partner to help seed a three-year play to buy $1.3 billion of value-add assets. Developer Buys $1B Bank Stake DUBAI-Istithmar takes a $1-billion stake in Standard Chartered Bank as part of a strategy of expanding its investments and developments in the trade corridors of Asia, Africa and the Middle East. JV Mapping 2M-SF-Plus Plan for Fort Ritchie CASCADE, MD-Corporate Office Properties Trust and PenMar Development buy 500 acres for 1.7 million sf of office and 673 residential units. Record $9B-Plus Up for Sale in London LONDON-Hardening yields, rising values and strong investor demand prompt property owners to cash in their assets. The $9.3 billion up for sale in London is a record. Panelists: Absolute-Return Expectations Can Be 'Treacherous' NEW YORK CITY-Follow the crowd to the core plays or raise your risk premium. That's how panelists at yesterday's National Investor Forum work the system--to the good of their investors. London Group Directs $1B at Southern US DALLAS-The adviser in charge of the plan says the equity pool, aimed mostly at the Sunbelt, will be deployed in 12 to 18 months. Akridge Moves Closer to $1B Project WASHINGTON, DC-The proposed H Street Corridor development would encompass some three million sf. Print Top Stories

Regional Coverage
Northeast     Print Full Region • GMH, Capstone Finalize $223M Portfolio Deal • W Hotel Union Square Sells for $285M • $250M Private Equity Fund Launched • Opus To Develop Aberdeen Proving Grounds • 413,000-SF DC Trophy Earns $200M Plus • Insiders Put IBM Building All-In Costs at $115M • Legg Mason & Co Signs Major Lease • 316 Luxury Units Trade in $107M Deal • Wellsford Merger Plan Values Reis at $90M • HUD Jumpstarts $74M Public Housing Project • Yankee Pitcher Piloted High-Rise Crash Plane • Two Gateway Gets $141M Financing • BlackRock Realty Takes Apartment Complex for $83M	Southwest     Print Full Region • Changing REIT Scene Seeds US-Euro Alliance • Duke Details Spec Plans for 103 Acres • CBRE Investors Pockets 401,463-SF High Rise • Pauls Marks Texas Exit With 673-Unit Trade • $192M Hand-Off Looms for Joe's Crab Shack • 394 More Units Sell in Mid Cities Terrain • Oregon Buyer Adds 528 More Units for $36M • Duke Gets 100 Acres Primed for Nearly 2M SF
Midwest     Print Full Region • ClubCorp. Assets Trading for $2B • Hyatt Center Casts Net for Equity Partner • Wendy’s Selling Baja Fresh • Edelman Signs Renewal, Expansion at Aon • 440-Unit Rental Tower Joins LaSalle Park	West Coast     Print Full Region • MGM Amends $7B Loan Agreement • Emeritus JVs with Blackstone in $190M Purchase • Cresa Makes Changes at the Top • Lexas Cos. Closes on $175M Construction Loan • 417,500-SF Montague Park Fetches $94M • Home Depot To Anchor $90M Center • Bank Renews 147,000-SF Lease at Namesake Building • $85M Finances Four Multifamily Deals • Apt Portfolio Refis for $100M
Southeast     Print Full Region • Portman Unveils $250M in Offshore Projects • Retirement Brings Changes at Cousins Properties • Related Details $130M Work Force Housing • $120M Mixed-Use Project To Rise in Little Havana • Dallas REIT To Buy Resurgens Plaza for $110M • $100M Finances 295-Unit Condo Construction • Plans Take Shape for 300,000-SF Center • Fairmont Turnberry Resort Getting $100M Facelift	Around The Globe     Print Full Region • Kerzner CEO Killed in Copter Crash • Middle Eastern Spending To Top $15B • LandSec Chooses Beacon for $926M City Scheme • 190,000-SF Office Asset Trades for $306M
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